Cost Manager

4 weeks ago

Bristol, Bristol, United Kingdom Turner & Townsend Group Full time
Job Description

As a Cost Manager at Turner & Townsend Group, you will play a crucial role in delivering high-quality cost management services to our clients. Your primary responsibility will be to ensure that client objectives are met through effective cost management.

The scope of this role includes handling commissions of varying sizes, depending on the complexity of the project. Typically, projects fall within the £5m to £10m range.

  • Assisting on feasibility studies and writing procurement reports
  • Estimating and cost planning, including producing and presenting the final cost plan, utilizing relevant cost management tools and services
  • 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 making cost checks and carrying out valuations on larger projects, ensuring timely and accurate cost checking and valuation takes place
  • 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 & Townsend's project management team during project delivery
  • Where appropriate, leading a cost management team, ensuring 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, to include:

  • 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
  • Assisting in the production of bid documentation
  • 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, 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
  • Assisting in the support, development, and mentorship of junior staff members

REPORTING

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

KEY PERFORMANCE INDICATORS

A 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
  • Margin levels 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
  • Working towards or recently 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
Qualifications
  • Working towards or desire to work towards full membership of the RICS (MRICS), ACostE, or equivalent professional qualification
  • Cost Management experience within the build construction arena, ideally within property and real estate sectors
  • An analytical thinker, open to learning from others
  • Ability to be client-facing and focused
  • Drive, passion, and decisiveness, a high performer with an ability to work in a high-pressured environment

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