Lead Cost Management Specialist

3 months ago


Nottingham, Nottingham, United Kingdom Turner & Townsend Full time

Company Overview

At Turner & Townsend, we are dedicated to making a significant impact. This commitment involves achieving superior results for our clients, empowering our employees to reach their full potential, and contributing positively to society.

We assist our prominent global clients in executing ambitious and technically complex projects from over 110 locations worldwide.

Role Overview

Turner & Townsend is a worldwide professional services firm with a workforce exceeding 10,000 across 50 nations. We partner with clients in the real estate, infrastructure, and natural resources sectors, specializing in large-scale programs, program management, cost and commercial oversight, net zero initiatives, and digital solutions.

Our mission is to make a difference by enhancing performance for a sustainable, inclusive, and productive future.

We support organizations in delivering and integrating new assets efficiently while aligning asset strategies with corporate goals. Additionally, we collaborate with clients to create safe, sustainable, and cost-effective environments for business operations.

CORE VALUES

Embrace challenges Foster collaboration Cultivate excellence in everyone

To uphold our values, we:

Developed a leading suite of tailored digital tools for our cost management services: The Hive Champion a diverse workforce and culture Provide opportunities for career development and advancement Commit to social value and environmental responsibility through our NewLeaf strategy Offer professional development opportunities, including support for RICS Chartership and NEC accreditation Ensure independence while promoting multidisciplinary collaboration and support

We strive for our employees to thrive both professionally and personally. To facilitate this, we advocate for a healthy, productive, and flexible work environment that honors work-life balance. We believe in pursuing passions and offer real opportunities for engagement, whether through sports teams, social networks, or new interests shared with colleagues.

PRIMARY RESPONSIBILITIES

Serve as the Commission Manager, overseeing comprehensive service delivery Ensure client objectives are achieved through effective cost management

SCOPE OF WORK

Senior Cost Managers manage commissions of various sizes, typically ranging from £10m to £50m based on project complexity.

KEY RESPONSIBILITIES

Commission Oversight, including:

Mentoring junior staff, assigning roles and responsibilities for effective cost management Advising clients on feasibility assessments Guiding clients on procurement strategies Managing estimating and cost planning phases, including presenting final cost plans to clients Overseeing tendering and procurement processes, including pre-qualification, tender list creation, preliminary document preparation, tender analysis, report generation, and contract documentation using relevant cost management tools; The Hive; eTender Platform Acting as contract administrator, effectively managing post-contract cost variances and change control processes, escalating major changes as necessary Taking responsibility for peer reviews of cost allowances and conducting valuations on larger projects, ensuring timely and accurate cost verification Producing monthly post-contract cost reports via our Cost Control App and presenting them to clients Contributing to value engineering initiatives Negotiating and finalizing accounts Collaborating with clients, Project Managers, and other consultants throughout all project phases Leading a cost management team when appropriate, ensuring accountability for all responsibilities outlined above Utilizing our comprehensive suite of bespoke digital cost management tools and services; The Hive: Benchmarking App, CostX, Market Rates App, eTender Platform, and Cost Control App Implementing our Embodied Carbon Calculator to generate carbon footprint reports Supporting the execution of our NewLeaf strategy Managing internal fees, job costing, and resource requirements

Business Development and Marketing, including:

Identifying opportunities for new business with existing clients and reporting these to the appropriate line manager while effectively utilizing the marketing database Building and maintaining a professional network of peers and potential clients Leading bid submissions Identifying improvements for cost management procedures, templates, and products Participating in extracurricular activities, including external groups and networking events

Internal Management Responsibilities, including:

Knowledge management – Ensuring that key information and insights from each commission are documented in the Turner & Townsend internal database Process enhancement – Identifying opportunities for improving internal systems and processes and referring suggestions to the appropriate line manager Supporting the development and mentorship of junior staff members Managing projects on D365

REPORTING STRUCTURE

A Senior Cost Manager typically reports to an Associate Director, Project Director, or Director.

PERFORMANCE INDICATORS

A Senior Cost Manager's performance will be evaluated based on:

The quality and efficiency of commission management Adherence to service delivery standards Development of strong relationships with clients and cross-functional team members Effectiveness as a member of the cost management team, including leadership of Assistant Cost Managers and Cost Managers when appropriate Identification of new business opportunities with existing clients Monitoring of margin levels on all commissions Effective communication and retention of key information and data

Candidate Profile

We expect candidates to possess the following:

Ability to work independently Self-motivated with the initiative to meet tight deadlines Chartered Status achieved Professional and confident demeanor Highly organized with the ability to prioritize workload Strong collaboration and relationship-building skills Ability to perform well under pressure Capacity to delegate tasks to junior team members for their technical growth

TURNER & TOWNSEND:

We actively promote applications from all community sectors.

SOX control responsibilities may be part of this role, which must be adhered to where applicable.

Qualifications

Experience and Skills

Proven experience in delivering high-quality cost management or quantity surveying services throughout the project lifecycle Ideally professionally qualified (RICS or similar) Degree or HNC level qualification Ability to manage and prioritize multiple projects simultaneously.

Company Values Statement:

We strive to cultivate a work environment that embodies our company culture, encouraging every staff member to uphold our commitment to being:

Professional, Quality Driven, Goal-Oriented, Customer-Focused, Continuously Improving, Flexible, Open & Integrated.

Company Vision:

To emerge as the leading global provider of professional services to the natural resources, infrastructure, and property markets, recognized for the value we deliver.

Additional Information

Our inspired workforce shares our vision and mission. We offer a supportive workplace where every individual has the opportunity and voice to effect change.

We want our employees to flourish both in their careers and personal lives. To support this, we advocate for a healthy, productive, and flexible work environment that respects work-life balance.

Turner & Townsend is an equal opportunity employer. We celebrate diversity and are committed to fostering an inclusive environment for all employees, actively encouraging applications from all community sectors.

Please find out more about us at

#LI-DW1

SOX control responsibilities may be part of this role, which must be adhered to where applicable.

It is strictly against Turner & Townsend policy for candidates to pay any fee in relation to our recruitment process. No recruitment agency working with Turner & Townsend will ask candidates to pay a fee at any time.

Any unsolicited resumes/CVs submitted through our website or to Turner & Townsend personal e-mail accounts are considered property of Turner & Townsend and are not subject to payment of agency fees. In order to be an authorized Recruitment Agency/Search Firm for Turner & Townsend, there must be a formal written agreement in place, and the agency must be invited by the Recruitment Team to submit candidates for review.



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