Cost Manager

Cost Manager

Newcastle upon Tyne Full-Time 36000 - 60000 Β£ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage project costs, monitor budgets, and collaborate with teams on exciting infrastructure projects.
  • Company: Join Turner & Townsend, a global leader in delivering innovative solutions for major clients across 130 countries.
  • Benefits: Enjoy hybrid working options, career progression support, and a fun, inclusive company culture.
  • Why this job: Work on high-profile projects, develop consultancy skills, and be part of a dynamic, client-focused team.
  • Qualifications: Degree qualified or equivalent; pursuing professional body membership is a plus.
  • Other info: We celebrate diversity and encourage applications from all backgrounds.

The predicted salary is between 36000 - 60000 Β£ per year.

At Turner & Townsend we’re passionate about making the difference. That means delivering better outcomes for our clients, helping our people to realize their potential, and doing our part to create a prosperous society. Every day we help our major global clients deliver ambitious and highly technical projects, in over 130 countries worldwide. Our team is dynamic, innovative and client-focused, supported by an inclusive and fun company culture. Our clients value our proactive approach, depth of expertise, integrity and the quality we deliver. As a result our people get to enjoy working on some of the most exciting projects in the world.

The Cost Management team in the North East are undergoing a period of growth, due to increased client demand we are seeking to expand our current capability. With this in mind we have opportunities for aspiring and current Cost Managers to join an innovative and dynamic team, working on industry-leading infrastructure projects.

As a Cost Manager at Turner & Townsend you will be offered the opportunity to work with high-profile clients, develop your consultancy skills and diversify your sector experience. We are keen to support those looking to progress their career both personally and professionally. We are currently supporting Hybrid working and embrace a forward-thinking approach to working. Part time applications will also be considered.

Job Objectives:
  • Administering a variety of contracts in accordance with project objectives and policies.
  • Providing accurate project cost monitoring, forecasting and reporting to completion in line with budget.
  • Pro-actively monitoring and managing cost variance and contract cash flow, and ensuring that applications are made correctly and in a timely manner.
  • Collaborating with client and contractor teams to manage the delivery of project deliverables, KPIs, and objectives, including programme performance, cost control, and value engineering.
  • Managing contract change effectively, ensuring that projects remain within governance and adopt best practice.
  • Driving improvements in the accuracy of forecasts and budgets.
Qualifications:
  • Ideally Degree qualified (or equivalent) in a relevant subject.
  • Ideally hold or be working towards an appropriate professional body membership or equivalent.
  • Contract Management (NEC3, Option C preferred).

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.

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Contact Detail:

Turner & Townsend Recruiting Team

StudySmarter Expert Advice 🀫

We think this is how you could land Cost Manager

✨Tip Number 1

Familiarise yourself with the NEC3 contract management framework, particularly Option C, as this is preferred for the role. Understanding the nuances of this contract type will give you an edge in discussions during interviews.

✨Tip Number 2

Network with current or former employees of Turner & Townsend on platforms like LinkedIn. Engaging with them can provide insights into the company culture and expectations, which can be invaluable during your interview.

✨Tip Number 3

Stay updated on industry trends and challenges in cost management and infrastructure projects. Being able to discuss recent developments or case studies during your interview will demonstrate your passion and knowledge in the field.

✨Tip Number 4

Prepare to showcase your consultancy skills by thinking of examples where you've successfully managed project costs or improved forecasting accuracy. Real-life scenarios will help illustrate your capabilities to the hiring team.

We think you need these skills to ace Cost Manager

Cost Management
Contract Administration
Budget Forecasting
Cost Control
Value Engineering
Project Monitoring
Analytical Skills
Communication Skills
Collaboration
Problem-Solving Skills
Attention to Detail
Negotiation Skills
Knowledge of NEC3 Contracts
Financial Reporting
Stakeholder Management

Some tips for your application 🫑

Understand the Role: Take the time to thoroughly read the job description for the Cost Manager position at Turner & Townsend. Make note of the key responsibilities and qualifications required, as this will help you tailor your application.

Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the job requirements. Emphasise your expertise in cost management, contract administration, and any relevant projects you've worked on.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention specific projects or values of Turner & Townsend that resonate with you, and explain how your background makes you a great fit for their team.

Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail, which is crucial for a Cost Manager role.

How to prepare for a job interview at Turner & Townsend

✨Understand the Company Culture

Before your interview, take some time to research Turner & Townsend's company culture. They value inclusivity and a dynamic work environment, so be prepared to discuss how you can contribute to this culture and align with their values.

✨Showcase Your Cost Management Skills

Be ready to provide specific examples of your experience in cost management, particularly in administering contracts and managing project budgets. Highlight any relevant projects where you successfully monitored costs and delivered results.

✨Prepare for Technical Questions

Expect technical questions related to contract management, especially NEC3, Option C. Brush up on your knowledge of these contracts and be prepared to discuss how you've applied them in past roles.

✨Demonstrate Your Collaborative Approach

Turner & Townsend emphasises collaboration with clients and contractors. Be prepared to share examples of how you've effectively worked in teams to achieve project objectives and manage deliverables.

Cost Manager
Turner & Townsend
Location: Newcastle upon Tyne

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