Senior Cost Manager
1 month ago
At Turner & Townsend, we're passionate about delivering better outcomes for our clients and helping our people realize their potential.
We help our major global clients deliver ambitious and highly technical projects, in over 110 offices worldwide.
Turner & Townsend is a global professional services company with over 10,000 people in 50 countries. We collaborate with our clients across real estate, infrastructure, and natural resources sectors, specializing in major programmes, programme management, cost and commercial management, net zero, and digital solutions.
We're passionate about making a difference, transforming performance for a green, inclusive, and productive world.
As well as helping organizations deliver and integrate new assets as quickly and efficiently as possible, we help set the asset strategies that support their corporate objectives.
Our Core Values
- We love a challenge
- We are stronger together
- We bring out the best in everyone
To support and progress our values, we:
- Developed a market-leading suite of bespoke digital tools to deliver our market-leading cost management services: The Hive
- Are a champion of a diverse workforce and culture
- Offer role development and advancement opportunities
- Set out our NewLeaf strategy, commitment to social value, and environmental issues
- Provide opportunities for professional development (working with industry-leading professionals, RICS Chartership development support, NEC accreditation)
- Offer a level of independence with multidisciplinary collaboration and support where needed
We want our people to succeed both in work and life. To support this, we promote a healthy, productive, and flexible working environment that respects work-life balance.
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
Scope
Senior Cost Managers handle commissions of varying sizes, depending upon the complexity of the project. Typically, projects fall within the £10m to £50m range.
Key Accountabilities
Commission Management, to include:
- 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
- Conducting the role of contract administrator, including dealing effectively with post-contract cost variances and the change control processes
- Taking personal responsibility for peer reviewing cost allowances and carrying out valuations on larger projects
- Producing monthly post-contract cost reports and presenting them to the client
- Negotiating and agreeing final accounts
- Interfacing with the client, Project Manager, and other consultants, at all project stages
- Working collaboratively with Turner and Townsend's project management team during project delivery
- Where appropriate, leading a cost management team
- 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, to include:
- Identifying opportunities to develop new business with existing clients
- Developing and maintaining a professional network of peers and potential clients
- Leading bid submissions
- Identifying ways in which cost management procedures can be improved
- Being involved in extracurricular activities, including external groups, attending networking and CPD events
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
- Process improvement – Identifying ways in which internal systems and processes can be improved
- Leading 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
- 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
The Candidate
We would expect candidates to demonstrate the following:
- 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
Turner & Townsend
We actively encourage applications from all sectors of the community.
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.
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