CBRE Group, Inc

Senior Cost Manager

CBRE Group, Inc • $90K — $120K *
King Of Prussia, PA 19406In-Person
Real Estate & Construction
5 - 7 years of experience
3 weeks ago
Job Overview by Ladders

Qualifications

  • Bachelor's degree in a technical field (BA/BS/BEng/BArch)
  • Minimum 5 years of related cost management experience
  • Demonstrated background in construction cost roles throughout project lifecycles
  • Strong communication skills, comfortable in client-facing roles
  • Experience in manufacturing environments preferred
  • 7+ years of estimating/cost management experience is ideal
  • US work experience preferred

Responsibilities

  • Lead cost management for construction projects from inception to completion
  • Conduct scope definition sessions to create comprehensive project budgets
  • Develop cost plans and estimates from conceptual to detailed design phases
  • Present updated cost plans at design milestones to stakeholders
  • Analyze design changes and prepare accurate cost estimates
  • Collaborate with Project Manager and Design team for value engineering
  • Prepare cashflow forecasts for construction lifecycle

Benefits

  • Supportive work environment with opportunities for professional development
  • Involvement in diverse projects ranging in size and complexity
  • Flexible working conditions to manage work-life balance
  • Engagement with senior stakeholders, influencing project outcomes
  • Potential for career advancement within a global organization
Full Job Description
About the role

We are seeking a Senior Cost Manager to work as part of our talented Cost Management team. This role will require you to work on a wide portfolio of construction projects, of varying size and complexity. You will be involved from inception through to completion, so will require a broad experience of the construction process and being able to manage multiple projects and competing deliverables at once. To be successful in this position you must have great communication skills and be comfortable operating in a client-facing role.

What you'll do

  • Lead the end-to-end cost management requirements of the project, liaising with relevant stakeholders and clearly setting and communicating cost parameters to deliver the project within the agreed budget.
  • Conduct scope definition sessions with clients to develop a holistic project budget.
  • Developing cost plans and estimates from concept through detailed design.
  • Delivering and presenting updated cost plans at appropriate design milestones.
  • Reviewing proposed design changes/new technologies and prepare estimates within appropriate accuracy levels.
  • Understanding design stages and estimate levels.
  • Liaise with the Project Manager and Design team to actively manage commercial input to design optioneering and value engineering exercises.
  • Preparing cashflow forecasts for the construction life cycle.
  • Analyzing labor markets and cost drivers such as Unions & Tax.
  • Supporting with the preparation of content for stakeholder monthly presentations.
  • Preparing and presenting monthly cost reports to senior client stakeholders, being able to articulate key movements and risks.
  • Developing procurement strategies and preparation of reports, providing guidance to the client on appropriate procurement routes and the respective strengths, weaknesses, opportunities and risks.
  • Input into risk management activities, with pricing of risks where appropriate and contributing to mitigation measures.
  • Preparation of GC tender documentation.
  • Management of the procurement process including; collating responses to tender queries, attending tender interviews, levelling and analyzing tender returns, removing qualifications and assumptions to obtain a compliant like-for-like tender sum.
  • Preparation and presentation of Tender Recommendation Report.
  • Oversight of GC trade package procurement, including; agreeing package structure and inputting into levelling and reviews.
  • Provide advice and input into client direct package procurement, with the process managed by others.
  • Conducting and agreeing monthly pencil requisitions with the GC.
  • Reviewing and agreeing variations with the GC to achieve a rolling final account.
  • Agreeing GC Final Accounts.
  • Liaising with client Finance team to provide necessary accounting information as required.
  • Delivering Life Cycle Costing models.
  • Benchmarking integration to ensure accurate data capture.

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 (BA/BS/BEng/BArch) from College or University in a technical area of study.
  • Minimum 5 years of related experience and/or training.
  • Demonstrated experience working in a construction cost role and developing estimates throughout the project lifecycle.
  • Demonstrated experience providing construction cost management services throughout the project lifecycle.
  • College and/or post-graduate degree in construction management, quantity surveying, engineering or field related to construction.
  • Excellent communicator and thrives in a client facing role with an ability to present to senior stakeholders.
  • Ability to manage deliverables across multiple projects at the same time.
  • The ideal candidate will have 7+ years of estimating/cost management experience in construction / laboratory environments.
  • Manufacturing experience is strongly preferred.
  • US experience preferred.

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.

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
Real Estate & Construction
Net Income
$751.9 million
Founded
1906
5 Year Trend
+9.8%
Revenue
$23.8 billion
NASDAQ
CBRE
* Ladders Estimates

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