Senior Cost Manager- Commercial Real Estate

Company Description

From the inception of a project through to completion and beyond, Turner & Townsend help to deliver the outcomes that matter through transformational programs covering the full spectrum of consultancy, project delivery and post-project operations.

With offices located globally, you're never far away from our services. Working from 113 offices in 46 countries, we make the difference to projects across the real estate, infrastructure and natural resources sectors worldwide.

Our team is dynamic, innovative and client-focused, supported by an inclusive and fun company culture. Our clients value our proactive approach, depth of expertise, integrity and the quality we deliver. As a result, our people get to enjoy working on some of the most exciting projects in the world.

Job Description

Who are you?

You are a Senior Cost Manager with a minimum of 6 years relevant experience working on large-scale retail, commercial real estate, or high-tech construction projects.

You will either specialize in pre-contract cost planning and estimating activities or post-contract commercial management, and/or both. You will bring your practical expertise and best practice experience and be comfortable operating in a client-facing role, leading project teams and managing stakeholders.

Key Accountabilities

• Advising client on strategies, managing prequalification of vendors, assessing proposals, bids, and bid leveling documents, making final recommendations to the client, attending & chairing bid interviews, and managing appointment process.
• Manage estimating services for full project by developing project estimates (relating to construction, fees, direct work and other costs), reviewing estimations prepared by junior team members, presenting estimates to client, presenting value engineering recommendations and risk assessments to client, meeting with vendors to review, validate, and challenge costs, and reviewing estimates by utilizing benchmark data collected from other projects.
• Manage cost reporting by establishing reporting schedule, reviewing & presenting cost reports and forecasts, reviewing project budget & spend forecast with the client, developing & maintaining commercial risk register, and hosting periodic meetings with project team & vendors.
• Manage cost control process by reviewing payment application assessments prepared by junior team members, liaising with project managers to recommend contractor entitlements, reviewing requests for change orders from vendors & making recommendations to client, and using dispute prevention/management/resolution procedures to manage payment requisitions, change orders, and contractual disputes.
• Manage & monitor invoicing process.
• Benchmark performance against other successful commissions.
• Hold post-contract reviews with the client to establish a lessons learned document and apply lessons to create training manual.
• Develop procedures governing handover of project.
• Perform all of the duties above through the use/preparation of Bid Analysis Sheets, Change Control Forms, Cost Estimating Software, and Takeoff Software.

Key Performance Indicators 

• Projects are managed to the correct quality standards and are completed efficiently, on time and to budget.
• Project delivery meets the client’s objectives and is in line with the conditions of appointment.
• The project team is led effectively.
• Strong relationships are developed with clients and members of the cross-functional team.
• The internal financial status of all projects is effectively monitored.
• Key information and data are effectively cascaded and appropriately retained.

Qualifications

Education Requirement: Bachelor's Degree or its equivalent in Construction Management or Related Field - An acceptable equivalent to a US Bachelor's degree will include any combination of degrees, certificates, training, and/or experience, evaluated as equivalent to a six (6) year U.S. Bachelor's degree by a credential evaluator.

Experience Requirement: 6-10 years of experience performing all job duties listed, or three (3) years of experience as a Senior Cost Manager, Cost Manager, or related title performing the following job duties:

• Assist with Request for Proposal (RFP) process by preparing documents, releasing RFPs, arranging mid-bid interviews, and creating bid analysis sheets.
• Support senior manager by preparing project estimates, providing m