Cost Manager (NRM1) in London

Cost Manager (NRM1) in London

London Full-Time 50000 - 65000 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Manage costs for major healthcare projects, ensuring excellence in cost management and reporting.
  • Company: Join Turner & Townsend, a global leader in project management and consultancy.
  • Benefits: Competitive salary, professional development, and opportunities to work on impactful projects.
  • Other info: Dynamic team environment with opportunities for mentorship and career growth.
  • Why this job: Make a real difference in healthcare by managing costs for vital hospital projects.
  • Qualifications: Experience with NRM1/2 and strong stakeholder management skills required.

The predicted salary is between 50000 - 65000 £ per year.

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 110 offices worldwide.

Turner and Townsend have recently been appointed as the Programme Delivery Partner for a leading health programme across the UK. The programme aims to build and refurbish hospitals across the UK, improving access to modern healthcare. Following a strategic review in September 2024, the government has rebalanced hospital schemes with secured funding in five-year waves. As the programme delivery partner, we are mobilising a team with a range of professional and technical capabilities across project, cost, programme and other specialist roles. We've got multiple roles within our Cost function that we're looking to fill, one of them being a Cost Manager with NRM1/2 knowledge and experience.

Core Personal Attributes

  • Actively fosters “One Business” culture, encouraging programme wide collaboration and inclusive ways of working.
  • Works proactively across all areas of the programme delivering excellence across all cost management & estimating functions.
  • Experience of working within programmes of transformation and/or major projects with significant scale and complexity.
  • Able to build trust across all internal and external stakeholders.
  • Active supporter of continuous improvement and active learning across complex stakeholder environments.
  • Experience in dealing with complex and challenging situations.
  • Acts calmly to resolve issues and conflicts in a pragmatic and non-adversarial way.
  • Team leadership and management.

Client General

  • Work closely with function leads (Precontract, Post Contract, Data, Tools & Policies and Risk) providing cost management & estimating expertise.
  • Support scheme delivery to maintain control of the approved baseline including cost assurance, supporting resolution of commercial matters, risk review and verification of data.
  • Assure scheme performance with the effective use of client policies, driving excellence in cost management.
  • Provide high quality outputs and alignment to the cost management estimating function tasks and outputs.
  • Delivering excellence across all areas of activity to the complete satisfaction of client and wider stakeholders.

Client Specific Activities

  • Contribute to the adoption of all client created tools and products, including development of all to enable enhanced future performance.
  • Develop a close working relationship with scheme leads, Trusts and their Advisors ensuring high degree of compliance with client processes, tools, assurance and products.
  • Contribute to the ongoing development of client initiatives and tasks.
  • Support client ambition to lever cost savings and improving cost predictability.
  • Engage with Trusts, their respective Cost Consultants and Contractors to build and maintain robust cost management and reporting.
  • Provide detailed cost analysis and reporting to support commercial decision making.
  • Identify the cost of and contribute to the management of risk (both threats and opportunities).
  • Support business case review including input to client governance.
  • Support Delivery Project Leads in the verification of scheme cost status and reporting.
  • Contribute to change control including the cost assessment of changes.

Regional Health Sector Involvement (to be discussed)

  • Contribute to the national health sector team and growth plan.
  • Engage with regional team providing guidance, mentorship, and support to team members.
  • Participate in networking and pursuits.
  • Attendance at events to network, develop brand and raise profile.

Qualifications

  • Experience using NRM1/2 across projects of different scale.
  • Relevant technical qualification with demonstrable track record in delivering major projects and programmes of significant value and complexity.
  • Strong client-focused approach with excellent stakeholder management skills.
  • Working towards or holding an applicable professional qualification.
  • Experience in construction consultancy, healthcare/life science projects, or digital software for project management is advantageous.

All your information will be kept confidential according to EEO guidelines. SOX control responsibilities may be part of this role, which are to be adhered to where applicable.

Cost Manager (NRM1) in London employer: Turner-

Turner & Townsend is an exceptional employer, dedicated to fostering a collaborative and inclusive work culture that empowers employees to reach their full potential. With a strong focus on professional development and continuous improvement, we offer our team members the opportunity to engage in impactful projects within the healthcare sector, contributing to the enhancement of modern healthcare facilities across the UK. Our commitment to excellence and support for employee growth makes us a rewarding place to build a meaningful career.

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Contact Details:

Turner- Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Cost Manager (NRM1) in London

Tip Number 1

Network like a pro! Get out there and connect with people in the industry. Attend events, join online forums, and don’t be shy about reaching out to professionals on LinkedIn. You never know who might have the inside scoop on job openings!

Tip Number 2

Prepare for interviews by researching Turner & Townsend and their projects. Understand their values and how they align with your skills. This will help you showcase how you can contribute to their mission of delivering excellence in cost management.

Tip Number 3

Practice your responses to common interview questions, especially those related to cost management and stakeholder engagement. Use the STAR method (Situation, Task, Action, Result) to structure your answers and highlight your experience effectively.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining the team at Turner & Townsend and contributing to their exciting health programme.

We think you need these skills to ace Cost Manager (NRM1) in London

Cost Management
Estimating Expertise
NRM1/2 Knowledge
Stakeholder Management
Project Management
Data Analysis
Risk Management

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Cost Manager role. Highlight your NRM1/2 experience and any relevant projects you've worked on. We want to see how your skills align with what we're looking for!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to our mission at Turner & Townsend. Keep it concise but impactful!

Showcase Your Stakeholder Management Skills:In your application, emphasise your experience in managing complex stakeholder environments. We value collaboration and trust-building, so share examples of how you've navigated challenging situations successfully.

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you're keen to join our team!

How to prepare for a job interview at Turner-

Know Your NRM1/2 Inside Out

Make sure you brush up on your knowledge of NRM1 and NRM2. Be ready to discuss how you've applied these frameworks in past projects, especially in complex environments. This will show that you’re not just familiar with the terms but can actually implement them effectively.

Showcase Your Stakeholder Management Skills

Turner & Townsend values strong relationships with clients and stakeholders. Prepare examples of how you've built trust and collaborated across teams in previous roles. Highlight any challenging situations you've navigated and how you resolved conflicts pragmatically.

Demonstrate Continuous Improvement Mindset

Be prepared to talk about how you’ve contributed to continuous improvement in your past roles. Share specific instances where you identified inefficiencies and implemented changes that led to better outcomes. This aligns perfectly with their focus on delivering excellence.

Engage with Their Vision

Familiarise yourself with Turner & Townsend’s mission and recent projects, especially in the healthcare sector. During the interview, express your enthusiasm for their goals and how your experience can help them achieve their ambitions in building and refurbishing hospitals across the UK.