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Cost Manager - Commercial Development Real Estate

Company Description

Our ambition, as Turner & Turner alinea, is to become the undisputed number one Cost Consultant in London. A data-led digital cost consultancy and an authority on the economics of sustainability, combining alinea’s distinctive approach, Turner & Townsend’s leading digital platform and our combined talent.

Supported by our clear vision to disrupt the market by transforming service quality through a strong focus on cost advice, a platform of specialists and a personable approachThis unique environment provides an opportunity for our people to develop their skills as well as their careers, supported by access to a learning and development programme that is second to none.

  • A unique joint force that will disrupt real estate cost management in London
  • A data and digital led business, with an authority on the economics of sustainability, that will take our service to the next level
  • A wide, diverse and exciting portfolio of sectors and clients, which means we will be stronger together
  • Market leading practice that is focused on transforming performance and creating great results for our Clients and People, in a fun and exciting environment where people are proud to work
  • A strong strategic and cultural fit with an ingrained entrepreneurial spirit
  • You can realise your career ambitions faster with London’s cost consultancy of choice

Job Description

We are recruiting for a Cost Manager who will work on some of Turner & Townsend alinea's most prestigious and prominent mixed use real estate commercial development projects, with project values ranging from £millions to £billions.

Main Responsibilities

  • Manage aspects of quantity surveying and cost consultancy including pre and post contract duties.
  • Produce cost estimates and cost plans.
  • Manage the tender process, review and analyse tender returns and prepare recommendations to the client as well as advice on procurement routes.
  • Attend meetings, prepare financial reports and monitor on the status of projects.
  • Ensure the project remains on budget from design to completion phase.
  • Full post contract duties including establishing the effect of variations and evaluating and negotiating final account settlements.
  • Build and maintain trusted relationships with clients, maintaining the highest standards of professional competence at all times.
  • Support junior team members to deliver our cost management service efficiently and effectively.

Qualifications

  • Degree or Masters in Quantity Surveying or equivalent.
  • Accredited MRICS member desired but not required.
  • Experience of high value and complex projects gained in a consultancy environment.
  • Workplace, retail, commercial or mixed-use sector experience desirable.
  • First class communicator, capable of establishing and maintaining strong client relationships.
  • Client-facing and enthusiastic about the industry.
  • Knowledge and experienced in use of Microsoft Office packages, CAD and CostX.

Additional Information

At Turner & Townsend we’re passionate about making the difference. That means delivering better outcomes for our clients, helping our people to realize their potential, and doing our part to create a prosperous society.  We encourage applications from all backgrounds, including career returners and those seeking part time/ flexible working opportunities totalling 22.5 hours a week or more.  Although we will consider applicants seeking to work from home, travel to our London offices and project meetings in and around London will be required from time to time.

Please find out more about us at www.turnerandtownsend.com/

SOX control responsibilities may be part of this role, which are to be adhered to where applicable.

Join our social media conversations for more information about Turner & Townsend and our exciting future projects: 

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LinkedIn

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. 

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

Turner & Townsend alinea is looking for an enthusiastic and talented Cost Manager to join our dynamic team in London, focused on making waves in the cost consultancy sector. With ambitious goals to lead the field in commercial development real estate, we blend innovation and expertise to elevate project outcomes for our clients. As a Cost Manager at Turner & Townsend alinea, you will engage with prestigious mixed-use projects, with valuations soaring from millions to billions. Your role is pivotal, as you will manage quantity surveying tasks, from drafting detailed cost estimates to navigating the tender process and advising clients on procurement strategies. Along the way, you'll ensure projects stay on budget, monitor progress, and facilitate successful final account settlements. What's more, you’ll have the chance to mentor junior team members and forge lasting relationships with clients. We value your professional growth, providing outstanding learning programs designed to help you achieve your career aspirations faster than ever. At Turner & Townsend, we’re passionate about a sustainable future, and we offer a diverse and exciting work environment filled with entrepreneurial spirit. Join us in redefining the real estate cost management landscape, and let’s make a difference together!

Frequently Asked Questions (FAQs) for Cost Manager - Commercial Development Real Estate Role at Turner and Townsend
What qualifications are needed for the Cost Manager position at Turner & Townsend alinea?

To qualify for the Cost Manager role at Turner & Townsend alinea, candidates should ideally hold a Degree or Masters in Quantity Surveying or a related field. While an MRICS accreditation is desirable, it is not mandatory. Applicants should have experience with high-value and complex projects, preferably within a consultancy setting, and experience in sectors like workplace, retail, or mixed-use developments is a plus.

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What responsibilities does a Cost Manager have at Turner & Townsend alinea?

As a Cost Manager at Turner & Townsend alinea, your responsibilities will include managing all aspects of quantity surveying and cost consultancy for prestigious projects. This involves preparing cost estimates, overseeing the tender process including reviewing and analyzing tender returns, preparing financial reports, and ensuring budget compliance throughout the project lifecycle. You will also support junior team members and maintain strong client relationships.

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How does Turner & Townsend alinea support professional development for Cost Managers?

Turner & Townsend alinea is committed to the development of their employees and offers exceptional learning and development programs that are tailored to help Cost Managers enhance their skills and advance their careers. This supportive environment ensures you can realize your career ambitions more quickly while working on diverse projects within an innovative team.

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What is the work environment like for Cost Managers at Turner & Townsend alinea?

At Turner & Townsend alinea, the work environment is fun and collaborative, with a strong focus on innovation and client satisfaction. We aim to create a workplace culture that fosters an entrepreneurial spirit, encouraging teamwork while providing each Cost Manager with the tools necessary to succeed and make impactful contributions to every project.

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Are there flexible working opportunities available for the Cost Manager role at Turner & Townsend alinea?

Yes, Turner & Townsend alinea offers flexible working opportunities for the Cost Manager role, allowing individuals to work part-time or seek flexible hours totaling 22.5 hours a week or more. While some remote work may be permissible, candidates will be expected to engage with London-based offices and project meetings as required.

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Common Interview Questions for Cost Manager - Commercial Development Real Estate
What experience do you have with cost estimation for large-scale projects?

In answering this question, it's important to share specific examples from previous roles where you successfully created detailed cost estimates, highlighting both the methodologies you used and the projects involved. Mention how your estimates contributed to project financing and budget management.

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Can you describe your approach to managing the tender process?

Discuss your systematic approach to the tender management process, including how you evaluate submissions, assess financial implications, and advise clients on potential procurement routes. Use specific examples that demonstrate your analytical and decision-making skills.

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How do you ensure a project stays within its budget?

Highlight the strategies you employ to monitor project expenses, communicate effectively with stakeholders, and adjust as necessary. Providing an example where you successfully mitigated budget overruns will strengthen your response.

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What tools and technologies are you proficient in that support your role as a Cost Manager?

Mention your proficiency in relevant software tools such as Microsoft Office, CAD, and CostX, detailing how these tools enhance your ability to manage costs, prepare estimates, and maintain effective communication and documentation throughout projects.

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How do you handle client relationships and ensure their satisfaction during a project?

Stress the importance of open communication and regular updates. Provide examples of how you proactively address client concerns and foster strong relationships, thus demonstrating your commitment to client success.

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Can you share an experience where you had to negotiate a final account settlement?

Describe the negotiation process you initiated, the challenges faced, and your effective resolution strategies. Focus on how your negotiation skills led to a satisfactory outcome for both parties involved.

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What do you think is the most challenging aspect of the Cost Manager role?

Address this candidly by discussing critical aspects like balancing client expectations with budget constraints or navigating complex project requirements. Offer insights into how you overcome these challenges and maintain project momentum.

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How do you stay updated with industry trends and best practices?

Mention your commitment to continuous learning through various channels such as professional development courses, industry publications, and networking within the cost consultancy community.

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What strategies do you use to mentor junior staff?

Explain your mentoring approach, highlighting your commitment to knowledge transfer, encouragement of independent problem-solving, and how you provide constructive feedback to enhance their professional development.

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Why do you want to work at Turner & Townsend alinea as a Cost Manager?

Craft a response that aligns your career goals with the values and mission of Turner & Townsend alinea. Discuss how the company’s innovative approach to sustainability and cost consultancy resonates with your professional principles.

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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, hybrid
DATE POSTED
December 22, 2024

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