Cost Management Specialist

7 days ago

Leeds, Leeds, United Kingdom Turner & Townsend Group Full time
Job Description

Job Title: Cost Management Specialist

Job Summary:

We are seeking a highly skilled Cost Management Specialist to join our team at Turner & Townsend Group. As a Cost Management Specialist, you will be responsible for delivering high-quality cost management services across the full project lifecycle.

Key Responsibilities:

  • Assist in feasibility studies and write procurement reports
  • Estimate and cost plan, including producing and presenting the final cost plan, utilizing relevant cost management tools and services
  • Tender and procure, including managing the pre-qualification stage, producing the tender list, producing the preliminaries, tender analysis, producing the tender report, and compiling the contractual documents, utilizing relevant cost management tools and services
  • Conduct the role of contract administrator, including dealing effectively with post-contract cost variances and the change control processes, where applicable referring major changes to line manager
  • Take 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
  • Produce monthly post-contract cost reports via our Cost Control App and present them to the client
  • Negotiate and agree final accounts
  • Interface with the client, Project Manager, and other consultants, at all project stages
  • Work collaboratively with Turner and Townsend's project management team during project delivery
  • Where appropriate, lead a cost management team, ensuring that they deliver on all of the above accountabilities
  • Utilize our full suite of bespoke digital cost management tools and services, including The Hive: Benchmarking App, CostX, Market Rates App, eTender Platform, and Cost Control App
  • Implement our Embodied Carbon Calculator, a bespoke carbon accounting tool, to produce carbon footprint reports
  • Support the execution of our NewLeaf strategy
  • Manage internal fees, internal job costing, and resourcing requirements

Marketing and Business Development:

  • Identify opportunities to develop new business with existing clients and report such opportunities to the appropriate line manager
  • Develop and maintain a professional network of peers and potential clients
  • Assist in the production of bid documentation
  • Identify ways in which cost management procedures, templates, and products can be improved and refer ideas to the appropriate line manager
  • Be involved in extracurricular activities, including external groups, attending networking and CPD events

Internal Management Accountabilities:

  • Knowledge management – Ensure that key information and learning generated from each commission is input into the Turner & Townsend internal database
  • Process improvement – Identify ways in which internal systems and processes can be improved and refer ideas to the appropriate line manager
  • Assist in the support, development, and mentorship of junior staff members

Reporting:

Depending upon context, a Cost Management Specialist is likely to report to a Senior Cost Management Specialist or Associate Director.

Key Performance Indicators:

  • 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
  • Margins are kept track of on all commissions
  • Key information and data are effectively cascaded and appropriately retained

Requirements:

  • Ability to work with autonomy
  • A self-motivated individual who is able to take initiative and deliver to tight deadlines
  • Working towards or recently achieved Chartered Status
  • Have a confident and professional manner
  • Highly organized and ability to prioritize own workload
  • Ability to collaborate and build relationships across the business
  • Ability to work well under pressure

Experience and Skills:

  • A proven track record of delivering high-quality cost management/quantity surveying services across the full project lifecycle
  • Ideally professionally qualified (RICS or similar)
  • Degree or HNC level qualification

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