Senior Cost Manager- Commercial Real Estate

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 133 offices in 49 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.

Turner & Townsend is seeking a Senior Cost Manager to join our New York City team, and work on an impressive portfolio of Commercial Real Estate, High-Tech Manufacturing, Data Center and/or various projects for key, global clients.

Responsibilities:

• Estimating and negotiating change orders throughout the construction lifecycle.
• Provide estimate and cost planning to include producing and presenting the final cost plan.
• Review and participate with the design services team and general contractor, in the development of the cost estimates.
• Reconcile changes and assist the general contractor to ensure that their data is accurate.
• Communicate or meet with general contractor and owner project manager to gather status information to prepare a cost estimate update.
• Prepare written comments to the general contractor’s submissions, including the executive summary.
• Coordinate all sources of cost information for cost discussions and suppliers direct from subs, quantities from architects and engineers.
• Inform and drive engineering priorities based on cost impact.
• Work proactively with minimal supervision to resolve scheduling issues.
• Manage cost checks and carry out valuations on larger projects. Complete timely, accurate cost checking and valuation processes.
• Participate effectively with post contract cost variances and the change control processes.
• Manage Cost impact / contingency management and commitment tracking logs.
• Prepare funding data presentations and coordinate VE sessions with stakeholders.

Pre-Contract

• Developing cost plans and estimates through the design phase, delivering updated cost plans at appropriate design milestones.
• Good knowledge of construction industry technical matters, such as different procurement routes, and value management.
• Providing commercial input to design optioneering and input into value engineering exercises.
• Reviewing contractor and subcontractor pricing and leading negotiations on behalf of the client to drive fair contract prices.

Post-Contract

• Performing quantity surveying, cost controls and change management activities throughout the project lifecycle.
• Ensuring that post-contract cost variances and change control processes are managed effectively.
• Ensuring that cost auditing and valuation work is managed effectively and that a robust process for cost validation is in place.
• Carrying out the production of monthly cost reports for presentation to the client.
• Ensuring that final accounts are negotiated and agreed in a timely manner.
• Compiling as built cost estimate records for benchmarking purposes.

• At least 5 years post graduate experience working in a construction cost management role.
• College and/or post-graduate degree in construction management, cost management, quantity surveying, engineering or a field related to construction.
• Full life cycle cost management experience working on commercial real estate construction projects.
• RICS accredited or working towards is valuable, but not required.
• Experience working on large-scale commercial real estate, manufacturing, or data center projects.
• Experience of leading cost management on medium or large sized construction projects of medium to high complexity.

The salary range for this full-time role is $135K-$160K per year. Ranges are determined by role and level and represent a good faith effort to provide a fair and equitable salary. This range is a reflection of base salary only, not of a total compensation package.  Please note Turner & Townsend reserves the right to pay more or less than the posted range, depending on candidate’s experience and qualifications.

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. 

Turner & Townsend does not accept any speculative or unsolicited CV’s that have been sent to our internal recruitment team or hiring managers from agencies outside of our preferred supplier list. Any speculative or unsolicited CV’s will be treated as a direct application. 

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.  

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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.