About The Position

Turner & Townsend is seeking an ambitious and forward-thinking Cost Management Analyst to join their growing team as part of the successful Graduate Development Program. This program is designed for recent graduates with less than two years of industry experience, offering opportunities to develop their careers and gain exposure to specialized services. The program aims to develop participants into successful consultants over approximately two years, based on achieving competencies in core services. The role involves supporting world-class cost management services across various capital projects, including capital planning, cost estimating, procurement, contract administration, change management, and reporting, to help clients optimize their investments. The program is offered at the Houston, TX location.

Requirements

  • 0-2 years of industry experience
  • Bachelors and/or Masters Degree

Nice To Haves

  • Construction Management
  • Construction Science
  • Engineering
  • Project Management
  • General Business

Responsibilities

  • Support the development of comprehensive project estimates, including construction, fees, direct work, and other associated costs.
  • Engage with vendors to review, validate, and challenge cost inputs.
  • Utilize benchmark data from previous projects to inform and assess estimate accuracy.
  • Advise clients on capital planning strategies across large-scale portfolios.
  • Provide insights to optimize investment decisions and long-term financial planning.
  • Support procurement activities including vendor prequalification, bid evaluation, and bid leveling.
  • Facilitate bid interviews and provide final recommendations for vendor selection.
  • Oversee the appointment process in alignment with client objectives.
  • Establish and manage cost reporting schedules.
  • Present cost reports and forecasts to clients, ensuring transparency and accuracy.
  • Maintain a commercial risk register and lead periodic review meetings with project teams and vendors.
  • Assess payment applications and recommend contractor entitlements.
  • Review and evaluate change order requests, providing strategic recommendations to clients.
  • Apply dispute prevention and resolution procedures to manage payment requisitions and contractual issues.
  • Monitor and manage the end-to-end invoicing process to ensure timely and accurate payments.
  • Benchmark project performance against successful commissions to identify areas for improvement.
  • Manage all aspects of the financial close process, including post-contract audits and account close-outs.
  • Conduct post-contract reviews with clients to capture lessons learned.
  • Develop training materials and manuals based on project insights to support continuous improvement.
  • Adhere to SOX control responsibilities where applicable.
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