Cost Manager

Company Description
- At Turner & Townsend we’re passionate about making the difference. That means delivering better outcomes for our clients, helping our people to realize 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._
**Job Description**:
Our team is dynamic, innovative, and client-focused, supported by an inclusive and fun company culture. Our clients value our proactive approach, depth of expertise, integrity, and the quality we deliver. As a result, our people get to enjoy working on some of the most exciting projects in the world.
Working with Cost Manager to manage commercial aspects of projects in several sectors. Responsible for support and assistance to manage budget and to control project costs. Involved throughout but more heavily during estimation points and procurement phase. Also involved with change control during execution.
**Qualifications**:
- Estimating and cost planning to include producing and presenting the final cost plan
- Tendering and procuring, including managing the pre-qualification stage, producing the tender list, putting the preliminaries together, tender analysis, producing the tender report and compiling the contractual documents
- Dealing effectively with post contract cost variances and the change control processes, where applicable referring major changes to line manager
- Taking personal responsibility for making cost checks and carrying out valuations on larger projects and in all cases ensuring that timely and accurate cost checking and valuation takes place
- Producing monthly post contract cost reports and presenting them to the client
- Inputting into value engineering
- Negotiating and agreeing final accounts
- Interfacing with the client and other consultants, at all project stages
- Where appropriate, leading a cost management team, ensuring that they deliver on all the above accountabilities
- Marketing and business development, to include:
- Identifying opportunities to develop new business with existing clients and reporting such opportunities to the appropriate line manager and by making effective use of the marketing database
- Assisting in the production of bid documentation
- Identifying ways in which cost management procedures, templates and products can be improved and referring ideas to the appropriate line manager Internal management accountabilities, to include:
- Knowledge management - Ensuring that key information and learning generated from each commission is input into the Turner & Townsend internal database
- Financial management - Utilizing FMS to keep track of the ongoing margin levels
- Process improvement - Identifying ways in which internal systems and processes can be improved and referring ideas to the appropriate line manager REPORTING
- Depending upon context, a Cost Manager is likely to report to a Senior Cost Manager, Area Manager or Associate Director.
- KEY PERFORMANCE INDICATORS - A Cost Manager will in part be assessed by the extent to which: - Commissions are managed to the right quality standards and are completed efficiently and on time - Service delivery on commissions is in line with the conditions of appointment - Good relationships are developed with clients and members of the cross-functional team - They work as an effective member of the cost management team, including where appropriate, taking effective responsibility for Assistant Cost Managers - Opportunities are identified to develop new business with existing clients - Margin levels are kept track of on all commissions - Key information and data is effectively cascaded and appropriately retained.
**Key responsibilities**:
**Responsibilities include but are not limited to**:
- Prepare estimations according to all design phases.
- Monitor, control and prepare Valuations
- Participate to value engineering sessions
- Prepare and analyse change orders
- Develop the primary project budget
- Develop progress measurement criteria with vendors
- Collect cost market data
- Support quotation process responding to the questions of services/materials proponents
- Produce cash flow forecasts for internal and client purposes
- Quantify materials and labour for all phases of a project.
- Prepare Cost benefit analysis
- Review project budget after design packages issuance by the technical team
- Collaborate with the creation of the recommendation report
- Participate in the weekly project and departmental meetings
- Issue weekly progress reports on project costs including forecasting reimbursable expenses
**Qualifications & skills**
- Degree-qualified or equivalent in Quantity Surveyor, Engineering, Architecture.
- Minimum 10 years of experience in similar roles.
- Working towards RICS membership or recently chartered
- Conversant in all aspects of quantity surveying
- Experience in utilizing software systems e.g., Cost X, CA

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