Senior Cost Manager - Commercial Developer
Senior Cost Manager - Commercial Developer

Senior Cost Manager - Commercial Developer

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead cost management for exciting commercial projects, from hotels to offices.
  • Company: Join Turner & Townsend, a global leader in professional services with 22,000+ people worldwide.
  • Benefits: Enjoy a flexible work environment that promotes work-life balance and personal growth.
  • Why this job: Be part of impactful projects that improve lives while developing your skills in a supportive culture.
  • Qualifications: Degree in Quantity Surveying and experience in UK Cost Management on large projects required.
  • Other info: We celebrate diversity and encourage applications from all backgrounds.

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

This job is brought to you by Jobs/Redefined, the UK\’s leading over-50s age inclusive jobs board.

Company Description

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 110 offices worldwide.

Job Description

Turner & Townsend is one of the leading management consultancy providers to the Commercial Developer sector.

Using our skills, processes and knowledge, we provide industry-leading services to our clients. Our extensive experience and databank of information enables us to provide a proactive, value-added service to all facets of the Commercial Developer sector. This includes projects encompassing Hotels, Residential schemes, and Commercial Offices. Projects range from multiple complex small projects to large new build projects; each commission has its own unique challenges and requires sector expertise, thus providing individuals with the opportunity to develop their knowledge, experience, and skills.

Responsibilities

Commission Management

  • Assisting on feasibility studies and writing procurement reports
  • Estimating and cost planning to include producing and presenting the final cost plan
  • Tendering and procuring, including managing the pre-qualification stage, producing the tender list, putting the preliminaries together, tender analysis, producing the tender report, and compiling the contractual documents
  • Dealing effectively with post-contract cost variances and the change control processes, where applicable referring major changes to line manager
  • Taking personal responsibility for making cost checks and carrying out valuations on larger projects and in all cases ensuring that timely and accurate cost checking and valuation takes place
  • Producing monthly post-contract cost reports and presenting them to the client
  • Inputting into value engineering
  • Negotiating and agreeing final accounts
  • Interfacing with the client and other consultants at all project stages
  • Where appropriate, leading a cost management team, ensuring that they deliver on all of the above accountabilities

Marketing and Business Development

  • Identifying opportunities to develop new business with existing clients and reporting such opportunities to the appropriate line manager and by making effective use of the marketing database
  • Assisting in the production of bid documentation
  • Identifying ways in which cost management procedures, templates, and products can be improved and referring ideas to the appropriate line manager

Internal Management Accountabilities

  • Knowledge management – Ensuring that key information and learning generated from each commission is input into the Turner & Townsend internal database
  • Financial management – Utilising FMS in order to keep track of the ongoing margin levels
  • Process improvement – Identifying ways in which internal systems and processes can be improved and referring ideas to the appropriate line manager

Qualifications

  • Degree qualified in Quantity Surveying
  • MRICS qualified
  • UK Cost Management experience within the Real Estate/Property sector
  • Experience working on larger projects of £10m value or over (or equivalent)
  • 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.

Please find out more about us at

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Senior Cost Manager - Commercial Developer employer: Turner & Townsend

Turner & Townsend is an exceptional employer, offering a dynamic work environment where innovation and collaboration thrive. With a strong commitment to employee growth, we provide extensive training and development opportunities, ensuring that our team members can enhance their skills while working on impactful projects in the Commercial Developer sector. Our inclusive culture promotes work-life balance and values diverse perspectives, making Turner & Townsend a rewarding place to build a meaningful career.
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Contact Detail:

Turner & Townsend Recruiting Team

StudySmarter Expert Advice 🤫

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

✨Tip Number 1

Make sure to highlight your experience with larger projects, especially those valued at £10m or more. This is a key requirement for the Senior Cost Manager role, and showcasing relevant examples will help you stand out.

✨Tip Number 2

Familiarize yourself with Turner & Townsend's approach to cost management and their specific methodologies. Understanding their processes can give you an edge during interviews and show that you're genuinely interested in their work.

✨Tip Number 3

Network with professionals in the real estate and property sector. Engaging with industry peers can provide insights into the company culture and potentially lead to referrals, which can significantly boost your chances of landing the job.

✨Tip Number 4

Prepare to discuss your experience in business development and marketing within the context of cost management. Being able to articulate how you've identified new business opportunities will align well with the responsibilities of the role.

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

Cost Estimation
Cost Planning
Tendering and Procurement
Contract Management
Change Control Processes
Valuation Techniques
Financial Management
Value Engineering
Client Relationship Management
Team Leadership
Business Development
Market Analysis
Communication Skills
Project Management
Process Improvement

Some tips for your application 🫡

Understand the Role: Take the time to thoroughly read the job description for the Senior Cost Manager position. Understand the key responsibilities and qualifications required, and think about how your experience aligns with these.

Tailor Your CV: Customize your CV to highlight relevant experience in cost management, particularly within the Real Estate/Property sector. Emphasize your work on larger projects and any specific achievements that demonstrate your skills.

Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also expresses your enthusiasm for the role and the company. Mention specific projects or experiences that relate to the responsibilities listed in the job description.

Highlight Communication Skills: Since excellent communication skills are emphasized in the job description, provide examples in your application that showcase your ability to interface with clients and manage teams effectively.

How to prepare for a job interview at Turner & Townsend

✨Showcase Your Cost Management Expertise

Be prepared to discuss your experience with cost management in the real estate sector, especially on larger projects. Highlight specific examples where you successfully managed budgets and dealt with cost variances.

✨Demonstrate Your Communication Skills

Since excellent communication is crucial for this role, practice articulating your thoughts clearly. Be ready to explain complex cost management concepts in a way that is understandable to clients and colleagues alike.

✨Prepare for Scenario-Based Questions

Expect questions that assess your problem-solving abilities in real-world scenarios. Think of past experiences where you had to navigate challenges in project management or client negotiations and be ready to share those stories.

✨Research Turner & Townsend's Projects

Familiarize yourself with Turner & Townsend's recent projects and their approach to commercial development. This knowledge will help you align your answers with the company's values and demonstrate your genuine interest in the role.

Senior Cost Manager - Commercial Developer
Turner & Townsend
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