Senior Cost Manager

Senior Cost Manager

Newcastle upon Tyne Full-Time 43200 - 72000 Β£ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead exciting infrastructure projects while managing costs and contracts.
  • Company: Join Turner & Townsend, a global leader in project management with a fun, inclusive culture.
  • Benefits: Enjoy excellent training, career advancement, and the chance to work on high-profile projects.
  • Why this job: This role offers growth opportunities and the chance to make a real impact in the industry.
  • Qualifications: Experience in cost management and contract administration is preferred; degree or equivalent is ideal.
  • Other info: We celebrate diversity and encourage applications from all backgrounds.

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

If you are looking to broaden your industry experience and progress your career within cost management, our North east team are seeking experienced Cost Managers looking to develop their career into a senior position. Working on a range of industry leading infrastructure projects, we will support you in finding the right role within transportation, utilities and highways within our client base. As a Senior Cost Manager within the business you will be working on some exciting projects as well as developing your skillset both operationally and technically. We are keen to support those who are keen to progress their careers and can offer you excellent training and advancement in qualifications and diversifying your portfolio.

Job Responsibilities

  • Establishing friendly, professional and appropriate relationships with clients, colleagues and other parties involved in the projects and programmes we support.
  • 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.
  • Proactively providing sound commercial knowledge and support to all stakeholders.
  • Ensuring that final accounts are negotiated and agreed.
  • Leading people and commissions as needed.

Qualifications

  • Excellent communication.
  • Contract Management (NEC3, Option C preferred).
  • Cost Management.
  • Change management and control.
  • Valuation.
  • Risk Management.
  • Procurement.
  • Estimating.
  • Pricing.
  • Reporting.
  • Collaborative approach and best-for-project attitude.
  • Sharing best practice.
  • People management.
  • Commission management.
  • Identifying and driving efficiencies and improvements through the project life cycle.
  • Good knowledge of construction industry technical matters, such as different procurement routes, value management and value engineering.
  • Ideally Degree qualified (or equivalent) in a relevant subject.
  • Ideally hold or be working towards an appropriate professional body membership or equivalent.

About Turner & Townsend

At Turner & Townsend we’re passionate about making the difference. That means delivering better outcomes for our clients, helping our people to realise 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.

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Senior Cost Manager employer: TURNER & TOWNSEND

Turner & Townsend is an exceptional employer, offering a dynamic and inclusive work culture that fosters professional growth and development. As a Senior Cost Manager in the North East, you will have the opportunity to work on industry-leading infrastructure projects while receiving comprehensive training and support to advance your career. With a commitment to diversity and a proactive approach to client engagement, we ensure our employees are empowered to make a meaningful impact in their roles.
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Contact Detail:

TURNER & TOWNSEND Recruiting Team

StudySmarter Expert Advice 🀫

We think this is how you could land Senior Cost Manager

✨Tip Number 1

Familiarise yourself with the specific contract management frameworks mentioned in the job description, particularly NEC3, Option C. Understanding these frameworks will not only help you during interviews but also demonstrate your commitment to the role.

✨Tip Number 2

Network with professionals in the cost management field, especially those who have experience with infrastructure projects. Engaging with industry peers can provide insights into the role and may even lead to referrals.

✨Tip Number 3

Prepare to discuss your previous experiences in managing project costs and how you've successfully navigated challenges. Be ready to share specific examples that highlight your skills in cost monitoring and forecasting.

✨Tip Number 4

Research Turner & Townsend's recent projects and their approach to cost management. Being knowledgeable about their work will allow you to tailor your conversation during interviews and show your genuine interest in joining their team.

We think you need these skills to ace Senior Cost Manager

Excellent Communication Skills
Contract Management (NEC3, Option C preferred)
Cost Management
Change Management and Control
Valuation
Risk Management
Procurement
Estimating
Pricing
Reporting
Collaborative Approach
People Management
Commission Management
Identifying and Driving Efficiencies
Knowledge of Construction Industry Technical Matters
Degree Qualified in a Relevant Subject
Professional Body Membership or Equivalent

Some tips for your application 🫑

Understand the Role: Take the time to thoroughly read the job description for the Senior Cost Manager position. Highlight key responsibilities and qualifications that resonate with your experience, as this will help you tailor your application.

Tailor Your CV: Customise your CV to reflect the skills and experiences that align with the requirements of the role. Emphasise your expertise in contract management, cost management, and any relevant projects you've worked on.

Craft a Compelling Cover Letter: Write a cover letter that not only introduces yourself but also explains why you are a great fit for Turner & Townsend. Mention specific projects or achievements that demonstrate your ability to manage costs effectively and work collaboratively.

Highlight Relevant Qualifications: If you have a degree or professional body membership related to cost management or construction, make sure to mention it prominently. This shows your commitment to the field and enhances your credibility as a candidate.

How to prepare for a job interview at TURNER & TOWNSEND

✨Showcase Your Communication Skills

As a Senior Cost Manager, excellent communication is key. Be prepared to discuss how you've effectively communicated with clients and colleagues in past projects. Use specific examples to demonstrate your ability to establish professional relationships.

✨Demonstrate Your Contract Management Knowledge

Familiarise yourself with NEC3, Option C, and other relevant contract management frameworks. Be ready to explain how you've administered contracts in previous roles and how you ensure compliance with project objectives and policies.

✨Highlight Your Cost Management Experience

Prepare to discuss your experience in cost monitoring, forecasting, and reporting. Share examples of how you've managed cost variances and cash flow effectively, and be ready to talk about the tools and techniques you use for accurate budgeting.

✨Emphasise Your Collaborative Approach

Collaboration is crucial in this role. Be ready to provide examples of how you've worked with client and contractor teams to achieve project deliverables. Discuss your approach to managing change and driving improvements throughout the project lifecycle.

Senior Cost Manager
TURNER & TOWNSEND
Location: Newcastle upon Tyne
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