Cost Manager - Commercial Real Estate Construction

Turner & Townsend•San Francisco, CA

9d•$100,000 - $135,000•Onsite

About The Position

Turner & Townsend is seeking a Cost Manager to join our Commercial Real Estate team in California, supporting the successful delivery of a diverse portfolio of construction projects. In this role, you will provide cost management services throughout the project lifecycle, helping clients achieve successful project outcomes through effective cost planning, commercial oversight, risk management, and financial control. The ideal candidate will be proactive, client-focused, and driven to deliver excellence while promoting Turner & Townsend's purpose, values, and collaborative culture. Strong communication, analytical, and stakeholder management skills are essential, along with the ability to manage multiple priorities and work effectively within multidisciplinary project teams.

Requirements

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.
Experience supporting cost management on medium or large sized construction projects.
Good knowledge of construction industry technical matters, such as different procurement routes, value management, and value engineering.
Strong communication skills.

Nice To Haves

RICS accredited or working towards it is valuable
Construction consultancy experience is strongly preferred.

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.