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Cost Manager- Real Estate Construction

Company Description

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

With offices located globally, you're never far away from our services. With over 22,000 specialists in more than 60 countries, we blend local knowledge with global insight to tackle challenges of any scale.   

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

Turner & Townsend are looking for a Cost Manager/Quantity Surveyor to join our team and support construction cost services for our clients. The ideal candidate will be driven and promote our Turner & Townsend purpose and values. 

Responsibilities: 

  • Advising client on strategies, managing prequalification of vendors, assessing proposals, bids, and bid levelling 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.  
  • Manage all facets of the final accounting process and post contract audits and account close outs.  
  • Hold post-contract reviews with the client to establish a lesson learned document and apply lessons to create training manual  
  • Develop procedures governing handover of project  
  • Perform all the duties above through the use/preparation of Bid Analysis Sheets, Change Control Forms, Cost Estimating Software, and Take-off Software 
  • SOX control responsibilities may be part of this role, which are to be adhered to where applicable. 

Qualifications

  • Bachelor’s degree in construction management, cost management, quantity surveying, engineering or field related to construction. 
  • Minimum 3-5 years of relevant experience working in a cost management role in the construction industry. 
  • RICS accredited or working towards it is valuable 
  • Experience supporting cost management on medium or large sized construction projects. 
  • Construction consultancy experience is strongly preferred. 
  • Good knowledge of construction industry technical matters, such as different procurement routes, value management and value engineering.  
  • Strong communication skills 

Additional Information

*On-site presence and requirements may change depending on our client's needs* 

Our inspired people share our vision and mission. We provide a great place to work, where each person has the opportunity and voice to affect change. 

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.  

Turner & Townsend is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees and actively encourage applications from all sectors of the community. 

Please find out more about us at www.turnerandtownsend.com/ and https://www.heery.com/ 

All your information will be kept confidential according to EEO guidelines. 

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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. 

Any unsolicited resumes/CVs submitted through our website or to Turner & Townsend personal e-mail accounts, are considered property of Turner & Townsend and are not subject to payment of agency fees. In order to be an authorised Recruitment Agency/Search Firm for Turner & Townsend, there must be a formal written agreement in place and the agency must be invited, by the Recruitment Team, to submit candidates for review. 

Average salary estimate

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What You Should Know About Cost Manager- Real Estate Construction, Turner and Townsend

If you're looking to take your career to the next level, then consider the exciting opportunity at Turner & Townsend as a Cost Manager- Real Estate Construction based in Nashville, TN. At Turner & Townsend, we are on a mission to deliver transformational projects that truly matter for our clients! As a crucial member of our team, you'll be diving into various responsibilities that include advising clients on vendor strategies, managing prequalification processes, and assessing proposals and bids. We understand the importance of teamwork, so you will be collaborating closely with your junior team members to review estimates, provide value engineering recommendations, and conduct risk assessments. We pride ourselves on our proactive approach, and we encourage our managers to take ownership by presenting cost reports and developing commercial risk registers. You'll have the chance to refine your negotiation skills during contractor meetings, ensuring that payments and change orders are handled with care and precision. With us, you’ll not only manage but also benchmark and audit processes, helping to create lessons learned documents that enhance future projects. If you have a Bachelor’s degree in a related field and possess solid experience in cost management within the construction industry, we want to hear from you! At Turner & Townsend, we champion a healthy work-life balance and an inclusive culture where diversity is celebrated, creating a workplace where you can thrive both personally and professionally. Ready to help create something amazing? Join us today!

Frequently Asked Questions (FAQs) for Cost Manager- Real Estate Construction Role at Turner and Townsend
What responsibilities does a Cost Manager at Turner & Townsend have?

As a Cost Manager at Turner & Townsend, your responsibilities will encompass a wide range of tasks such as advising clients on vendor strategies, managing the estimating services for construction projects, conducting cost reporting and control processes, and overseeing the invoicing procedures. You will also play a key role in post-contract reviews and establishing training manuals based on lessons learned. Your expertise will help us deliver quality services and results our clients can trust!

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What qualifications are required for a Cost Manager at Turner & Townsend?

To qualify for the Cost Manager position at Turner & Townsend, candidates are required to possess a Bachelor’s degree in construction management, cost management, quantity surveying, engineering, or a related field. A minimum of 3-5 years in a cost management role within the construction sector is essential. Additionally, RICS accreditation or progress toward it is advantageous, along with strong communication skills and experience in managing medium to large-sized projects.

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How does Turner & Townsend support career development for Cost Managers?

Turner & Townsend is committed to the professional growth of our employees, especially Cost Managers. We provide a nurturing work environment where continuous training and mentorship are commonplace. Our focus on lessons learned during projects assists our team members in developing valuable skills and knowledge. Furthermore, the inclusive and collaborative nature of our company culture fosters innovation, allowing your career to flourish while working on exciting projects.

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What sets Turner & Townsend apart in the construction industry?

What makes Turner & Townsend unique in the construction industry is our combination of local knowledge and global insight. With a vast network of over 22,000 specialists across more than 60 countries, we bring diverse perspectives to problem-solving. Our proactive approach, in-depth expertise, and focus on integrity ensure our clients receive the highest quality service, making us a leader in the field of project delivery and consultancy.

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What is the company culture like at Turner & Townsend?

At Turner & Townsend, our company culture is described as dynamic, innovative, and client-focused. We prioritize inclusivity and foster an enjoyable workplace atmosphere. Our core values promote a healthy work-life balance and respect for every individual’s contribution. We believe that a diverse workforce enhances creativity and strengthens our mission, making Turner & Townsend an exciting place to grow your career.

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Common Interview Questions for Cost Manager- Real Estate Construction
Can you describe your experience with cost estimation in construction projects?

When answering this question, focus on specific projects you've worked on, detailing the estimating techniques you used, challenges you faced, and how you collaborated with team members. Highlight your ability to analyze bid documents and offer precise cost projections, as this reflects your practical knowledge as a Cost Manager.

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How do you handle disputes regarding change orders?

Discuss your experience with dispute resolution strategies. Emphasize your communication skills and your method of thoroughly reviewing requests before making recommendations to clients. Illustrating your ability to mitigate risks and maintain positive relationships during disputes can show your effectiveness as a Cost Manager.

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What tools do you normally use for cost management and reporting?

Speak about specific cost management software or tools you've utilized, such as cost estimation software or project management applications. Explain how these tools enhance your efficiency and improve accuracy in reporting, which is essential for a role at Turner & Townsend.

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How do you ensure accuracy in cost management reports?

Share your process for ensuring accuracy, which might include double-checking figures, cross-referencing with previous projects, or utilizing benchmarking data. Mention how your attention to detail and systematic approach aids in providing valuable insights to clients as a Cost Manager.

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How do you prioritize tasks when managing multiple projects?

Illustrate your time management skills by discussing methods you employ to prioritize tasks, such as using project management tools, setting deadlines, and maintaining communication with team members. Your ability to efficiently handle multiple responsibilities is crucial for a successful Cost Manager.

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Can you give an example of a time you recommended cost-saving strategies on a project?

Provide a specific example of how you identified potential cost savings through value engineering or alternative procurement methods. Discuss the impact of your recommendations on the project's overall budget, showcasing your proactive approach in the Cost Manager role.

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How do you manage client expectations throughout the project lifecycle?

Talk about your approach to maintaining clear communication with clients and setting realistic expectations from the outset. Highlight your experience in presenting progress and updates regularly to keep clients informed and engaged in decision-making, a valuable skill for a Cost Manager.

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What role does teamwork play in your work as a Cost Manager?

Acknowledge the significance of teamwork in achieving project success. Share how you collaborate with other departments, support junior staff, and maintain open channels of communication, reinforcing your commitment to being an effective member of the Turner & Townsend team.

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What challenges have you faced in your cost management career, and how did you overcome them?

Reflect on specific challenges such as tight deadlines or unexpected costs. Share your problem-solving techniques, such as adapting to changing situations, and emphasize your resilience and ability to learn from mistakes, a crucial trait for a Cost Manager.

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Why do you want to work at Turner & Townsend?

Express your admiration for the company's mission and values. Discuss how Turner & Townsend's commitment to inclusivity, professional development, and their dynamic culture aligns with your career goals and how you can contribute to their success as a Cost Manager.

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At Turner & Townsend you’ll join an ambitious global team committed to making a difference to the most exciting projects and programmes happening around the world. If you bring your talent, enthusiasm and determination, we’ll help you realise you...

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Full-time, on-site
DATE POSTED
March 18, 2025

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