Associate Director, Real Estate Cost Solutions

1 month ago

Birmingham, Birmingham, United Kingdom CBRE Full time
Job Summary

We are seeking an experienced Associate Director to join our team as a Real Estate Cost Solutions expert. In this role, you will be responsible for managing all facets of cost management for individual real estate projects or programs throughout planning, design, construction, occupancy, and closeout.

Key Responsibilities
  • Manage all aspects of cost management, including budget, schedule, procurement, quality, and risk, for individual real estate projects or programs.
  • Lead the administration associated with funding all project work, including creation of funding documents in use by the client.
  • Evaluate project scope and client needs to develop and present recommended budgets for necessary pre-bid and pre-construction cost estimating and cost planning services.
  • Produce concept-level estimates to aid feasibility studies and assist with business cases, leveraging a range of information from simple internal benchmarking to detailed market data and estimates taken from drawings and specifications.
  • Support project manager and leasing team to estimate costs associated with the lease (upfit, abatement, reinstatement, etc.) to optimize landlord contribution/tenant improvement allowances on behalf of the Client.
  • Support project manager team in the implementation of all project procurement in accordance with CBRE corporate policies and guidelines.
  • Create and manage a detailed cost plan; produce and maintain detailed cost reports on a regular basis and present these reports to the Client.
  • Promote Value Engineering (VE) as a continual process to be implemented throughout the duration of the project and lead (or support if lead by Project Manager) Value engineering workshops, exercises, and provide ideas and initiatives to add value.
  • Reconcile all estimates and change orders; scrutinize, analyze, and perform due diligence on all change orders; lead reconciliation meetings with General Contractors, Construction Managers, and third-party consultancies.
  • Review all invoices against cost plan; provide valuation services and signoff to project team (subject to CBRE approval limits) in collaboration with team members charged with validation work has been completed to required scope and level of quality.
  • Support cost/budget aspects of the project closeout; negotiate, agree, and settle final accounts and close-out statements.
  • Capture project costs for contribution to CBRE cost benchmarking/estimating databases and tools.
  • Facilitate and oversee the administration of tasks required by the lease to collect landlord contributions/tenant improvement allowances.
  • Manage 3rd party cost delivery resources/team at both the project level or regional level.
Requirements
  • Proven experience in cost management, real estate, and project management.
  • Strong analytical and problem-solving skills.
  • Excellent communication and interpersonal skills.
  • Ability to work in a fast-paced environment and prioritize multiple tasks.
  • Strong leadership and team management skills.
  • Ability to travel as required.
What We Offer

At CBRE, we offer a competitive salary and benefits package, as well as opportunities for professional growth and development. We are an equal opportunities employer and welcome applications from diverse candidates.

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