CBRE Group, Inc

Construction Cost Manager

CBRE Group, Inc$115K — $150K *
US-AnywhereRemote in New York City, NY
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree preferred; consideration given to a mix of experience and education in lieu of a degree
  • 5+ years of relevant cost management experience in commercial real estate
  • Proficient in Microsoft Office Suite including Word, Excel, and Outlook
  • Strong organizational and analytical skills with a focus on problem-solving
  • Advanced mathematical abilities for complex financial calculations

Responsibilities

  • Manage comprehensive cost management for commercial real estate projects
  • Develop and present budgets based on project scope and client needs
  • Collaborate with project teams on pre-bid and pre-construction cost services
  • Ensure compliance with client funding policies and contract requirements
  • Review bid responses and provide recommendations regarding project contingencies
  • Align cost plans with project schedules and manage cash flow
  • Coach team members and promote knowledge sharing within the function

Benefits

  • 401(K) plan
  • Dental insurance options
  • Health insurance coverage
  • Life insurance benefits
  • Vision insurance
Full Job Description
About the Role:
As a Construction Cost Manager, you will oversee individual multi-disciplined commercial real estate solutions for small to medium-sized clients with direct accountability for cost management delivery.

This job is part of the Building Consultancy function. They are responsible for specialist building services including surveying, inspections, and planning.
What You'll Do:
  • Manage all facets of cost management for commercial real estate projects throughout the planning, design, construction, occupancy, and closeout.
  • Assess basic project scope and client needs to develop and present recommended budgets for necessary pre-bid and pre-construction cost estimating and cost planning services.
  • Partner with project teams to source and oversee the pre-bid and pre-construction services associated with the development of a project budget and cost plan.
  • Work with the client and Project Managers to ensure all work is funded in compliance with the client's internal policies.
  • Ensure all contracts include required language aligned with lease requirements for the solicitation of all landlord contributions.
  • Review and report all bid responses to the client. Include recommendations for items such as allowances, contingencies, and reserves.
  • Align cost plan with project master schedule. Establish a strategy to manage cash flows and project accruals and report progress.
  • Apply in-depth knowledge of standard principles and techniques/procedures to accomplish complex assignments and provide innovative solutions.
  • Coach others and share in-depth knowledge of own job discipline and broad knowledge of several job disciplines within the function.
  • Lead by example and model behaviors that are consistent with CBRE RISE values. Work to build consensus and convince others to reach an agreement.
  • Impact a range of customer, operational, project, or service activities within own team and other related teams.
  • Work within broad guidelines and policies.
  • Explain difficult or sensitive information.

What You'll Need:

Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.
  • Bachelor's Degree preferred with 5 plus years of relevant experience. In lieu of a degree, a combination of experience and education will be considered.
  • Ability to exercise judgment based on the analysis of multiple sources of information.
  • Willingness to take a new perspective on existing solutions.
  • In-depth knowledge of Microsoft Office products. Examples include Word, Excel, Outlook, etc.
  • Organizational skills with an advanced inquisitive mindset.
  • Sophisticated math skills. Ability to calculate mildly complex figures such as percentages, fractions, and other financial-related calculations.

Disclaimer:

Please be advised that effective January 1, 2025, CBRE Project Management and Turner &Townsend was consolidated into a single global business entity. As a candidate applying for a position, you should be aware that while your initial employment may be with Turner & Townsend PJM US LLC, you will subsequently transfer directly to Turner & Townsend at a date to be determined.

Turner & Townsend carefully considers multiple factors to determine compensation, including a candidate's education, training, and experience. The minimum salary for this position is $115,000 annually and the maximum salary for this position is $150,000 annually. The compensation that is offered to a successful candidate will depend on the candidate's skills, qualifications, and experience. Successful candidates will also be eligible for a discretionary bonus based on Turner & Townsend's applicable benefit program. This role will provide the following benefits: 401(K), Dental insurance, Health insurance, Life insurance, and Vision insurance.

About CBRE Group, Inc

CBRE is a vertically integrated global commercial real estate services and investment firm. The company was established in 1992 and is headquartered in Chicago, Illinois, United States.

CBRE Group, Inc Careers

Join the world-class team at CBRE Group, Inc, the global leader in real estate services and investment. At CBRE, we are committed to fostering a culture of innovation, diversity, and professional growth. Our team is composed of industry-leading experts who are passionate about shaping the future of real estate.

Work You’ll Do

At CBRE, you will have the opportunity to engage in transformative projects that reshape the landscape of modern real estate. Our professionals lead with expertise and a deep understanding of industry needs, making CBRE the epitome of excellence in the real estate sector.

Explore Job Opportunities and Internships

Whether you're starting your career or looking to make a significant impact in the real estate industry, CBRE offers a range of job opportunities and internships that will harness your skills and expand your horizons. From positions in management to roles in research and analytics, your perfect job awaits.

Innovate and Lead

Join a team where innovation and leadership go hand in hand. CBRE empowers its employees to take the lead on projects, encouraging a culture of leadership that permeates every level of the company. With CBRE, you can transform your career trajectory through meaningful work that drives the real estate market forward.

Professional Growth and Development

CBRE is dedicated to the professional growth of its employees. With comprehensive diversity training and leadership development programs, we ensure that every team member has the resources to succeed. Our commitment to professional development is unmatched, offering continuous learning opportunities and career advancement.

Benefits and Culture

At CBRE, we understand that our employees are our greatest asset. That’s why we offer competitive benefits that support both your professional and personal life. Our inclusive culture champions diversity, encouraging a workplace where every voice is heard and valued.

Networking and Career Advancement

Enhance your career through CBRE’s vast networking opportunities. Connect with industry leaders, participate in global conferences, and engage in groundbreaking projects. Our robust networking channels foster connections that lead to dynamic career opportunities and lasting professional relationships.

Join Our Team

Ready to advance your career at CBRE Group, Inc? Explore our current job openings and find out how your skills and interests align with our needs. We are always on the lookout for passionate, creative, and solution-driven team players.

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Apply Now

Start your journey with CBRE today. Submit your resume, prepare for your interview, and get ready to join a company where your career will flourish. Let’s build a better future together.

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At CBRE Group, Inc, we don’t just offer jobs—we offer careers that make a difference. Join us and be a part of our journey to shape the world of real estate.
Learn more about CBRE Group, Inc
Size
105,000 employees
Market Cap
$23.8 billion
Industry
Net Income
$751.9 million
Founded
1906
5 Year Trend
+9.8%
Revenue
$23.8 billion
NASDAQ

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