CBRE Group, Inc

Senior Cost Manager

CBRE Group, Inc$135K — $160K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Construction Management, Engineering, Architecture, or related field
  • Minimum of 7 years' experience in cost estimating within workplace construction or related sectors
  • Deep understanding of cost estimation including materials and labor
  • Knowledge of local construction codes and industry standards
  • Proficiency with estimating software such as ProEst and Procore
  • Strong analytical and problem-solving skills
  • Excellent written and verbal communication skills

Responsibilities

  • Develop and maintain parametric and hybrid cost models for rapid estimating
  • Prepare detailed cost estimates and budgets for workplace construction projects
  • Lead cost planning efforts including bid review and procurement strategy
  • Monitor project costs and manage financial risks throughout the project lifecycle
  • Align cost plans with project schedules to manage cash flow and forecasting
  • Support the development of AI-enabled cost modeling tools
  • Partner with clients and project teams to align scope, cost, and delivery strategy

Benefits

  • 401(K)
  • Dental insurance
  • Health insurance
  • Life insurance
  • Vision insurance
Full Job Description
About the role:

Turner & Townsend is seeking a highly skilled and experienced Senior Cost Manager / Estimator to join our dynamic San Francisco team. This hybrid role is crucial for delivering multi-disciplined real estate cost solutions for a variety of commercial projects.The ideal candidate will possess a robust estimating background and be adept atsupporting capital programs and real estate portfolio strategies. This position demands an individual who can strategically manage costs from concept through closeout, ensuring projects are delivered on budget and to the highest standards.

What You'll Do:

Cost Management & Estimating
• Develop and maintain parametric and hybrid cost models to enable rapid estimating, benchmarking, and scenario analysis.
• Prepare detailed cost estimates and budgets across workplace construction projects, including new builds, remodels, and tenant improvements.
• Lead cost planning efforts, including bid review, procurement strategy, and cost analysis reporting.
• Monitor project costs, manage financial risks, and maintain budget adherence throughout the project lifecycle.
• Leverage historical data, market intelligence, and industry trends to enhance accuracy and scalability of cost outputs.

Commercial Management & Financial Governance
• Align cost plans with project schedules to manage cash flow, accruals, and forecasting.
• Ensure compliance with client financial policies, contract requirements, and SOX controls where applicable.
• Maintain financial documentation, manage change orders, and provide clear reporting on cost status and risks.

AI Enablement & Digital Transformation
• Support the development of AI-enabled cost modeling tools, including automated estimating and scenario analysis.
• Contribute to scalable cost intelligence platforms integrating design, asset, and market data.
• Identify and implement process improvements that enhance efficiency, standardization, and data-driven delivery.
• Collaborate with technical teams to translate cost management workflows into digital solutions.

Client Advisory & Strategic Influence
• Partner with clients and project teams to align scope, cost, and delivery strategy.
• Provide value engineering and data-driven recommendations to support decision-making.
• Communicate complex cost and risk insights to senior stakeholders with clarity and influence.
• Contribute to enterprise cost strategies, capital planning, and long-range forecasting.
• Mentor team members and drive continuous improvement

What you'll need:
  • Bachelor's degree in Construction Management, Engineering, Architecture, or a related field.
  • Minimum of 7 years' experience in cost estimating within workplace construction or related sectors (e.g., commercial, hospitality, institutional).
  • Deep understanding of cost estimation, including materials, labor, and specialized systems in workplace environments.
  • Knowledge of local construction codes, regulations, and industry standards.
  • Proficiency with estimating software (e.g., ProEst, Buildertrend, Procore, Bluebeam).
  • Strong analytical, problem-solving, and negotiation skills.
  • Ability to manage multiple projects under tight deadlines.
  • Excellent written and verbal communication skills.
  • Estimator certification (e.g., AACE, ASPE) is a plus.
Safety: Adheres to all company and client safety policies and procedures.

Sources

Turner & Townsend carefully considers multiple factors to determine compensation, including a candidate's education, training, and experience. The minimum salary for this position is $135,000 annually and the maximum salary for this position is $160,000 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

Disclaimer:

Please be advised that effective January 1, 2025, CBRE Project Management and Turner &Townsend were 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 CBRE, 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.

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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.

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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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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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