Cost Manager - Real Estate

Turner & Townsend is a global professional services company with over 22,000 people in more than 60 countries. Working with our clients across real estate, infrastructure, energy and natural resources, we transform together delivering outcomes that improve people’s lives. Our capabilities include programme, project, cost, asset and commercial management, controls and performance, procurement and supply chain, net zero and digital solutions.

MAIN PURPOSE OF ROLE

To perform the role of the Commission Manager, taking responsibility for end-to-end service delivery and ensuring that client objectives are met through the delivery of an effective cost management service.

SCOPE

Cost Managers handle commissions of varying sizes, typically within the £5m to £10m range.

KEY ACCOUNTABILITIES

• Commission Management, including:

• Assisting on feasibility studies and writing procurement reports
• Estimating and cost planning, producing and presenting the final cost plan
• Tendering and procuring, managing the pre-qualification stage, producing the tender list, tender analysis, and compiling contractual documents
• Conducting the role of contract administrator, dealing with post contract cost variances and change control processes
• Producing monthly post contract cost reports and presenting them to the client
• Inputting into value engineering and negotiating final accounts
• Interfacing with the client, Project Manager, and other consultants at all project stages
• Leading a cost management team where appropriate
• Utilising bespoke digital cost management tools and services
• Implementing the Embodied Carbon Calculator to produce carbon footprint reports
• Management of internal fees, job costing and resourcing requirements

Marketing and business development, including:

• Identifying opportunities to develop new business with existing clients
• Developing and maintaining a professional network of peers and potential clients
• Assisting in the production of bid documentation
• Identifying ways to improve cost management procedures and referring ideas to the appropriate line manager

Internal management accountabilities, including:

• Knowledge management – inputting key information and learning into the internal database
• Process improvement – identifying ways to improve internal systems and processes
• Supporting the development and mentorship of junior staff members

REPORTING

A Cost Manager is likely to report to a Senior Cost Manager or Associate Director.

KEY PERFORMANCE INDICATORS

A Cost Manager will be assessed by the extent to which:

• Commissions are managed to the right quality standards and completed efficiently
• Service delivery on commissions is in line with the conditions of appointment
• Good relationships are developed with clients and team members
• They work effectively as part of the cost management team
• Opportunities to develop new business are identified
• Margin levels are tracked on all commissions
• Key information and data are effectively cascaded and retained

The Candidate

We expect candidates to demonstrate the following:

• Ability to work with autonomy
• A self-motivated individual who can take initiative and deliver to tight deadlines
• Working towards or recently achieved Chartered Status
• Confident and professional manner
• Highly organised with the ability to prioritise workload
• Ability to collaborate and build relationships across the business
• Ability to work well under pressure

Qualifications Experience and Skills

A proven track record of delivering high-quality cost management services across the full project lifecycle. Professionally qualified (RICS or similar) with a degree or HNC level qualification.

Company Values Statement

We endeavour to create a work environment that reflects the culture of the company, encouraging every member of our staff to embrace our commitment to being: Professional, Quality Driven, Goal Orientated, Customer Focused, Continuously Improving, Flexible, Open & Integrated.

Company Vision

To become the leading global provider of professional services to the natural resources, infrastructure and property markets, rewarded for the value we create.

Turner & Townsend is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.