Senior Cost Manager
2 months ago
We are seeking a highly skilled and experienced Senior Cost Manager to join our team at Turner & Townsend Group. As a Senior Cost Manager, you will play a key role in delivering high-quality cost management services to our clients.
Key Responsibilities- Manage commissions of varying sizes, ensuring effective cost management and timely delivery
- Coach and mentor junior staff, allocating roles and responsibilities to ensure efficient cost management
- Advise clients on feasibility studies, procurement options, and cost planning
- Manage estimating and cost planning stages, presenting final cost plans to clients
- Tender and procure, managing pre-qualification stages, producing tender lists, and compiling contractual documents
- Conduct contract administration, dealing with post-contract cost variances and change control processes
- Take personal responsibility for peer reviewing cost allowances and conducting valuations on larger projects
- Produce monthly post-contract cost reports and present them to clients
- Negotiate and agree final accounts
- Interface with clients, project managers, and other consultants at all project stages
- Collaborate with Turner & Townsend's project management team during project delivery
- Lead cost management teams, ensuring delivery of all accountabilities
- Utilize bespoke digital cost management tools and services
- Implement Embodied Carbon Calculator, a carbon accounting tool, to produce carbon footprint reports
- Support execution of NewLeaf strategy
- Manage internal fees, job costing, and resourcing requirements
- Identify opportunities to develop new business with existing clients and report to line managers
- Develop and maintain professional networks of peers and potential clients
- Lead bid submissions
- Identify ways to improve cost management procedures, templates, and products
- Participate in extracurricular activities, including external groups, networking, and CPD events
- Knowledge management - ensure key information and learning are input into Turner & Townsend's internal database
- Process improvement - identify ways to improve internal systems and processes and refer ideas to line managers
- Lead in supporting, developing, and mentoring junior staff members
- Manage projects on D365
Senior Cost Managers will report to Associate Directors, Project Directors, or Directors, depending on the context.
Key Performance Indicators- Commissions are managed to the right quality standards and completed efficiently and on time
- Service delivery on commissions is in line with the conditions of appointment
- Good relationships are developed with clients and cross-functional team members
- Effective collaboration with the cost management team
- Opportunities are identified to develop new business with existing clients
- Margin levels are tracked on all commissions
- Key information and data are effectively cascaded and retained
We are looking for a self-motivated individual with the ability to work autonomously, take initiative, and deliver to tight deadlines. The ideal candidate will have:
- Chartered status
- A confident and professional manner
- Highly organized and able to prioritize their workload
- Ability to collaborate and build relationships across the business
- Ability to work well under pressure
- Ability to delegate tasks to junior team members to assist in their technical development
- Minimum BSc in Quantity Surveying or similar
- Demonstrable experience delivering cost management services in healthcare or life sciences sectors
- 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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