Cost Manager - Commercial Developer in London

Cost Manager - Commercial Developer in London

London Full-Time 43200 - 72000 £ / year (est.) On-site
T

At a Glance

  • Tasks: Manage costs for exciting commercial projects, from hotels to offices.
  • Company: Join Turner & Townsend, a top consultancy in the Commercial Developer sector.
  • Benefits: Enjoy a flexible work environment that promotes work-life balance and personal growth.
  • Other info: We celebrate diversity and encourage applications from all backgrounds.
  • Why this job: Be part of diverse projects, develop your skills, and make a real impact.
  • Qualifications: Degree in Quantity Surveying; MRICS qualified or working towards it.

The predicted salary is between 43200 - 72000 £ per year.

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. Working in partnership makes it possible to deliver the world’s most impactful projects and programmes as we turn challenge into opportunity and complexity into success. Our capabilities include programme, project, cost, asset and commercial management, controls and performance, procurement and supply chain, net zero and digital solutions.

We are majority-owned by CBRE Group, Inc., the world’s largest commercial real estate services and investment firm, with our partners holding a significant minority interest. Turner & Townsend and CBRE work together to provide clients with the premier programme, project and cost management offering in markets around the world. Please visit our website:

Job Description

Turner & Townsend is a leading management consultancy provider in the Commercial Developer sector. Leveraging extensive skills, processes, and industry knowledge, we deliver market-leading services to our clients. Our broad experience and comprehensive data resources enable us to provide proactive, value-added solutions across all aspects of the sector, including projects involving hotels, residential developments, and commercial office schemes.

Our projects range from complex small-scale initiatives to major new-build developments, each presenting unique challenges and opportunities. This diversity provides team members with the chance to develop their knowledge, experience, and professional skills.

Role Responsibilities

  • Support the preparation of feasibility studies and procurement reports.
  • Prepare cost estimates and cost plans, including presentation of final cost plans.
  • Manage tendering activities, including pre-qualification processes, tender lists, preliminaries, tender analysis, and reporting.
  • Manage post-contract cost variations and change control processes.
  • Conduct cost checks and valuations, ensuring accuracy and consistency.
  • Produce and present monthly post-contract cost reports.
  • Contribute to value engineering exercises.
  • Negotiate and agree final accounts.
  • Collaborate with clients, consultants, and project stakeholders throughout all project stages.
  • Lead cost management teams, promoting accountability and high performance.
  • Identify opportunities to develop existing client relationships and support business growth.
  • Assist with the preparation of bid documentation.
  • Contribute to the continuous improvement of cost management procedures, templates, and service offerings.
  • Ensure key project information and lessons learned are captured within internal knowledge management systems.
  • Monitor financial performance using FMS.
  • Identify and elevate opportunities for process improvement.
  • Review commission management quality and operational efficiency.

Qualifications

  • Degree qualified in Quantity Surveying
  • MRICS qualified or working towards
  • UK Cost Management experience within the Real Estate/Property sector
  • Experience working on larger projects
  • Experience working on new build and fit-out projects
  • Excellent communication skills and client facing.

Additional Information

Our inspired people share our vision and mission. We provide a great place to work, where each person has the opportunity and voice to affect change.

We want our people to succeed both in work and life. To support this we promote a healthy, productive and flexible working environment that respects work-life balance.

Turner & Townsend is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees and actively encourage applications from all sectors of the community.

SOX control responsibilities may be part of this role, which are to be adhered to where applicable.

Join our social media conversations for more information about Turner & Townsend and our exciting future projects:

#J-18808-Ljbffr

Cost Manager - Commercial Developer in London employer: Turner & Townsend alinea

Turner & Townsend alinea is an exceptional employer, offering a dynamic work environment in London that fosters professional growth and development within the Health, Science & Education sectors. With a strong commitment to inclusivity and collaboration, employees benefit from engaging in prestigious projects while enjoying a supportive culture that values their contributions and encourages career advancement.

T

Contact Details:

Turner & Townsend alinea Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Cost Manager - Commercial Developer in London

✨Tip Number 1

Network with professionals in the commercial development sector. Attend industry events, webinars, or local meetups to connect with people who work at Turner & Townsend or similar companies. Building relationships can often lead to insider information about job openings and company culture.

✨Tip Number 2

Familiarise yourself with the latest trends and challenges in cost management within the real estate sector. Being knowledgeable about current market conditions and emerging technologies can help you stand out during interviews and discussions with potential employers.

✨Tip Number 3

Prepare for potential interview questions by practising your responses to common scenarios faced by cost managers. Think about how you would handle cost variances, client negotiations, and project management challenges, as these are key aspects of the role.

✨Tip Number 4

Showcase your experience with larger projects and new builds in your conversations. Highlight specific examples where you've successfully managed costs or improved procedures, as this will demonstrate your capability and fit for the role at Turner & Townsend.

We think you need these skills to ace Cost Manager - Commercial Developer in London

Cost Estimation
Financial Management
Quantity Surveying
MRICS Qualification
Project Management
Client Relationship Management
Tendering and Procurement

Some tips for your application 🫡

Understand the Role:Read the job description thoroughly to understand the responsibilities and qualifications required for the Cost Manager position. Tailor your application to highlight relevant experience in cost management, particularly within the Real Estate/Property sector.

Highlight Relevant Experience:In your CV and cover letter, emphasise your experience with feasibility studies, cost estimation, and managing tendering processes. Provide specific examples of projects you've worked on that align with the role's requirements.

Showcase Communication Skills:Since excellent communication skills are essential for this role, ensure your application reflects your ability to interface with clients and consultants. Use clear and concise language, and consider including examples of successful client interactions.

Tailor Your Cover Letter:Craft a personalised cover letter that addresses Turner & Townsend directly. Mention why you are interested in working with them and how your values align with their mission. This is your chance to make a strong first impression.

How to prepare for a job interview at Turner & Townsend alinea

✨Understand the Role

Make sure you thoroughly understand the responsibilities of a Cost Manager in the commercial development sector. Familiarise yourself with cost estimation, tendering processes, and post-contract management to demonstrate your knowledge during the interview.

✨Showcase Relevant Experience

Prepare to discuss your previous experience in quantity surveying and cost management, especially on larger projects. Highlight specific examples where you've successfully managed costs or improved procedures, as this will resonate well with the interviewers.

✨Communicate Effectively

Since excellent communication skills are crucial for this role, practice articulating your thoughts clearly and confidently. Be ready to explain complex concepts in simple terms, as you may need to interface with clients and consultants at various project stages.

✨Demonstrate Problem-Solving Skills

Be prepared to discuss how you've handled cost variances and change control in past projects. Share specific instances where you identified issues and implemented solutions, showcasing your ability to think critically and adapt to challenges.