Cost Manager, Construction

Turner & Townsend • $100K — $135K *
US-AnywhereRemote in United States
Real Estate & Construction
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in construction management, cost management, quantity surveying, engineering, or related field.
  • 3-5 years of experience in a cost management role within the construction industry.
  • RICS accreditation or progress towards it is a plus.
  • Experience in managing cost for medium to large-sized construction projects.
  • Construction consultancy experience is strongly preferred.
  • Solid understanding of procurement routes, value management, and value engineering principles.
  • Excellent communication skills.

Responsibilities

  • Advise clients on strategies and manage vendor prequalification, proposal assessments, and bid interviews.
  • Develop and present project cost estimates, reviewing junior team members' work and incorporating value engineering recommendations.
  • Establish and present cost reporting schedules and forecasts to clients, maintaining a commercial risk register.
  • Oversee cost control processes, collaborating with project managers on contractor entitlements and change orders.
  • Manage invoicing and ensure compliance with payment processes and project budgets.
  • Benchmark project performance against successful commissions to improve project delivery.
  • Conduct post-contract reviews to extract lessons learned and guide future training and project improvement.

Benefits

  • Opportunity to work in a diverse portfolio of construction projects.
  • Be part of an established company with strong industry reputation.
  • Engagement in continuous professional development and training.
  • Potential for career growth within a global organization.
  • Involvement in high-impact projects that contribute to community and infrastructure development.
Full Job Description
Job Description

Turner & Townsend are looking for a Cost Manager to join our team and support construction cost services for our clients. This role will support a diverse portfolio of building construction, renovation, and capital improvement projects, including new facility development, modernization programs, and complex retrofit initiatives. The ideal candidate will be driven and promote our Turner & Townsend purpose and values.

Responsibilities:
  • Advising client on strategies, managing prequalification of vendors, assessing proposals, bids, and bid levelling documents, making final recommendations to the client, attending & chairing bid interviews, and managing appointment process.
  • Manage estimating services for full project by developing project estimates (relating to construction, fees, direct work and other costs), reviewing estimations prepared by junior team members, presenting estimates to client, presenting value engineering recommendations and risk assessments to client, meeting with vendors to review, validate, and challenge costs, and reviewing estimates by utilizing benchmark data collected from other projects.
  • Manage cost reporting by establishing reporting schedule, reviewing & presenting cost reports and forecasts, reviewing project budget & spend forecast with the client, developing & maintaining commercial risk register, and hosting periodic meetings with project team & vendors.
  • Manage cost control process by reviewing payment application assessments prepared by junior team members, liaising with project managers to recommend contractor entitlements, reviewing requests for change orders from vendors & making recommendations to client, and using dispute prevention/management/resolution procedures to manage payment requisitions, change orders, and contractual disputes.
  • Manage & monitor invoicing process.
  • Benchmark performance against other successful commissions.
  • Manage all facets of the final accounting process and post contract audits and account close outs.
  • Hold post-contract reviews with the client to establish a lesson learned document and apply lessons to create training material.
  • Develop procedures governing handover of project.
  • Perform all the duties above through the use/preparation of Bid Analysis Sheets, Change Control Forms, Cost Estimating Software, and Take-off Software.
  • SOX control responsibilities may be part of this role, which are to be adhered to where applicable.


Qualifications

  • Bachelor's degree in construction management, cost management, quantity surveying, engineering or field related to construction.
  • Minimum 3-5 years of relevant experience working in a cost management role in the construction industry.
  • RICS accredited or working towards it is valuable.
  • Experience supporting cost management on medium or large-sized building construction, renovation, retrofit, or capital improvement projects.
  • Construction consultancy experience is strongly preferred.
  • Good knowledge of construction industry technical matters, such as different procurement routes, value management, and value engineering.
  • Strong communication skills.


Additional Information

*On-site presence and requirements may change depending on our client's needs.

The base salary range for this role is $100K-$135K USD. This range reflects the company's good faith estimate of the base salary for this position at the time of the posting. Final compensation will be determined based on factors including experience, skills, qualifications, and internal equity. In addition to base salary, employees may be eligible for bonuses and a comprehensive benefits package.

About Turner & Townsend

Turner & Townsend Careers

Joining Turner & Townsend offers a unique opportunity to contribute to some of the most exciting projects worldwide. As a global leader in professional services, Turner & Townsend is at the forefront of transforming the industry through expertise, innovation, and leadership.

Explore Job Opportunities

Turner & Townsend is constantly seeking skilled professionals eager to drive innovation and lead industry standards. With a variety of job opportunities available, candidates can find positions that match their skills and career aspirations. Explore employment options that span across critical sectors such as construction, project management, and consultancy.

Experience Professional Growth

Turner & Townsend is committed to the professional growth and continuous development of its team members. The company supports career advancement through robust training programs, including leadership development and diversity training, ensuring every team member has the tools and knowledge to succeed.

Internship Programs

For those starting their career journey, Turner & Townsend offers internship programs that provide a rich learning environment. Interns gain hands-on experience, working alongside seasoned professionals and contributing to impactful projects. These internships are a gateway to full-time employment and a flourishing career within the company.

Cultivating a Diverse and Inclusive Culture

Turner & Townsend prides itself on fostering an inclusive culture where diversity is celebrated. The company believes that a diverse workforce enhances creativity and drives innovation. Employees from various backgrounds are encouraged to share their unique perspectives, promoting a collaborative and supportive workplace.

Benefits and Employee Wellbeing

Understanding the importance of a work-life balance, Turner & Townsend offers comprehensive benefits designed to support the wellbeing of its team. Benefits include health care, flexible working conditions, and competitive retirement plans, all aimed at enhancing the quality of life for employees.

Join the Team

Turner & Townsend is hiring! Search open positions that align with your professional skills and interests. The company is looking for passionate, curious, and solution-driven team players. Prepare your resume, sharpen your interview skills, and get ready to join a team where your contributions will be valued and your career will flourish.

Networking and Career Development

Turner & Townsend encourages continuous networking and professional development. By participating in industry conferences and company-hosted events, employees can build valuable relationships and stay current with industry trends.

Stay Connected

Keep up to date with the latest from Turner & Townsend: - **Read Careers Blog**: Gain insights from experts and stay informed about the latest company news and industry trends. - **Job Alert Emails**: Personalize your subscription to receive job alerts and insider tips tailored to your preferences. Discover exciting and rewarding opportunities that await at Turner & Townsend. Turner & Townsend is not just a place to work—it's a place where careers are made, innovation thrives, and opportunities abound. Join the team and be part of shaping the future of the industry.
Learn more about Turner & Townsend
Industry
Real Estate & Construction
* Ladders Estimates

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