Cost Manager - Real Estate Construction

Turner & Townsend • West Palm Beach, FL

95d • $105,000 - $130,000

About The Position

Turner & Townsend is seeking a Cost Manager to join our team supporting commercial real estate and corporate interiors projects. This role is ideal for professionals with experience in tenant improvements (TI), office fit-outs, and capital projects across the real estate sector. The successful candidate will be detail-oriented, client-focused, and capable of delivering high-quality cost management services throughout the project lifecycle. On-site/office presence is required Monday to Friday. Requirements may change depending on our client's needs.

Requirements

• Bachelor’s degree in Construction Management, Quantity Surveying, Engineering, or a related field.
• 3–5 years of experience in cost management, ideally within commercial real estate or corporate interiors.
• Experience supporting cost management on medium to large-scale construction projects.
• Strong understanding of construction contracts, procurement routes, and cost control processes.
• Proficiency in cost estimating and take-off software.
• Excellent communication and client-facing skills.
• RICS accreditation or progress toward certification is valuable.
• Experience in a consultancy environment is strongly preferred.
• Solid knowledge of industry practices including value management and engineering.

Responsibilities

• Advise clients on procurement strategies and vendor selection.
• Manage prequalification, bid leveling, and final recommendations.
• Lead bid interviews and oversee the appointment process.
• Develop and present project estimates covering construction, fees, direct work, and other costs.
• Review and challenge vendor estimates using benchmark data and market intelligence.
• Present value engineering options and risk assessments to clients.
• Administer live construction contracts and manage change order procedures, including client sign-off.
• Review contractor measured quantities and validate cost accuracy.
• Oversee cost reporting and forecasting, including budget tracking, variance analysis, and spend projections.
• Establish and maintain reporting schedules and commercial risk registers.
• Review and process contractor pay applications, manage invoicing workflows, and monitor cash flow.
• Evaluate and negotiate change orders, liaising with project managers to assess contractor entitlements.
• Support dispute prevention and resolution related to payment requisitions and contractual issues.
• Benchmark performance against other successful commissions.
• Manage final account close-out, including audits, vendor settlements, and post-contract reviews.
• Document lessons learned and contribute to internal training materials.
• Develop procedures for project handover and close-out.
• Utilize tools such as Bid Analysis Sheets, Change Control Forms, cost estimating software, and take-off platforms.
• SOX control responsibilities may be part of this role, which are to be adhered to where applicable.

Benefits

• Salary range of $105K-$130K per year.
• Promotes a healthy, productive and flexible working environment that respects work-life balance.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees