Cost Manager- Life Sciences

Turner & Townsend•Kankakee, IL

2d•$100,000 - $125,000

About The Position

Turner & Townsend are looking for a Cost Manager/Quantity Surveyor to join our team and support construction cost management services for our clients. The ideal candidate will be driven and promote our Turner & Townsend purpose and values. Responsibilities: 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, 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, and Cost Estimating sheets SOX control responsibilities may be part of this role, which are to be adhered to where applicable. Project/Program specifications: Project/Program specific responsibilities: Operate Project Controls software by developing WBS, uploading financial data from SAP, and updating forecast based on inputs from various project stakeholders; Produce monthly cost report packages for multiple projects Develop/manage effective Work Breakdown Structure that meets each project needs while adhering to client standards. Review contractor work progress submissions and invoices to ensure consistency with approved forecasts and budgets Use existing Client SAP reports as a tool to gather data for cost reporting (actuals and commitments). Manage/maintain Project Change Logs and provide reporting Update the project cash flow in the Client portfolio management system Review and participate with the design services team and construction manager, in the development of the cost estimates. Market sector experience: Experience working on large-scale Life Sciences projects or similar preferred but not required.

Requirements

Bachelor’s degree in construction management, cost management, quantity surveying, engineering or related field related to construction.
Minimum 2 years of relevant experience working in a cost management role preferably in the construction industry.
Good knowledge of construction industry technical matters, such as project controls practices, Earned Value Management, cost estimating, capital program/portfolio planning;
Good knowledge of various project delivery methods, commercial management, contract administration, risk management, and schedule management
Strong communication skills

Nice To Haves

RICS or AACEi accredited or working towards is preferred, but not required.
Experience supporting cost management on medium or large sized construction projects.
Construction consultancy experience is strongly preferred.
Experience of using project controls tools (such as Contruent/Prism or Ecosys) or PMIS highly desirable
Experience working on large-scale Life Sciences projects or similar preferred but not required.

Responsibilities

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, 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, and Cost Estimating sheets
Operate Project Controls software by developing WBS, uploading financial data from SAP, and updating forecast based on inputs from various project stakeholders
Produce monthly cost report packages for multiple projects
Develop/manage effective Work Breakdown Structure that meets each project needs while adhering to client standards.
Review contractor work progress submissions and invoices to ensure consistency with approved forecasts and budgets
Use existing Client SAP reports as a tool to gather data for cost reporting (actuals and commitments).
Manage/maintain Project Change Logs and provide reporting
Update the project cash flow in the Client portfolio management system
Review and participate with the design services team and construction manager, in the development of the cost estimates.