Cost Management Specialist

8 hours ago

Glasgow, Glasgow City, United Kingdom Turner & Townsend Group Full time
Job Description

Turner & Townsend is a global professional services company with over 10,000 people in 50 countries. We collaborate with clients across real estate, infrastructure, and natural resources sectors, specializing in major programs, program management, cost and commercial management, net zero, and digital solutions.

Our team helps organizations deliver and integrate new assets as quickly and efficiently as possible, while setting asset strategies that support their corporate objectives.

Main Purpose of Role
  • To perform the role of the Commission Manager, taking responsibility for end-to-end service delivery
  • To ensure that client objectives are met through the delivery of an effective cost management service
Key Accountabilities
  • Coaching junior staff, including allocating roles and responsibilities to ensure effective cost management on all projects
  • Advising clients on feasibility studies
  • Advising clients on their procurement options
  • Managing the estimating and cost planning stages, including presenting the final cost plan to the client
  • Tendering and procuring, 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 the relevant cost management tools and services
  • Conducting 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
  • Taking personal responsibility for peer reviewing cost allowances 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 via our Cost Control App and presenting them to the client
  • Negotiating and agreeing final accounts
  • Interfacing 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, leading a cost management team, ensuring that they deliver on all of the above accountabilities
  • Utilizing our full suite of bespoke digital cost management tools and services
  • Implementing our Embodied Carbon Calculator, a bespoke carbon accounting tool, to produce carbon footprint reports
  • Supporting the execution of our NewLeaf strategy
  • Management of internal fees, internal job costing, and resourcing requirements
Marketing and Business Development
  • Identifying opportunities to develop new business with existing clients and reporting such opportunities to the appropriate line manager
  • Developing and maintaining a professional network of peers and potential clients
  • Leading bid submissions
  • Identifying ways in which cost management procedures, templates, and products can be improved
  • Being involved in extracurricular activities including external groups, attending networking and CPD events
Internal Management Accountabilities
  • Knowledge management – Ensuring that key information and learning generated from each commission is input into the Turner & Townsend internal database
  • Process improvement – Identifying ways in which internal systems and processes can be improved and referring ideas to the appropriate line manager
  • Lead in the support, development, and mentorship of junior staff members
  • Management of projects on D365
Reporting

Depending upon context, a Senior Cost Manager is likely to report to an Associate Director, Project Director, or Director.

Key Performance Indicators

A Senior 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 and 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 are effectively cascaded and appropriately retained
The Candidate
  • Ability to work with autonomy
  • A self-motivated individual who is able to take initiative and deliver to tight deadlines
  • Have 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
  • Ability to delegate tasks to junior team to assist in their technical development
Qualifications
  • Minimum BSc in Quantity Surveying or similar
  • Demonstrable experience delivering cost management services in healthcare or the life sciences sector
  • Full membership or working towards RICS (MRICS), ACostE, or equivalent professional qualification
  • Practical knowledge of NEC forms of contract would be beneficial

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