Cost Manager - Real Estate

Turner & Townsend • Aberdeen, WA

40d

About The Position

Turner & Townsend is seeking a Cost Manager in its Real Estate department to take responsibility for end-to-end commission service delivery and ensure client objectives are met through effective cost management. Projects vary in size and complexity, typically falling within the £5 million to £10 million range. The role works with clients, project managers, consultants, and internal project teams throughout project delivery, and may include leading a cost management team and supporting junior staff.

The position covers commission management activities from feasibility and procurement through cost planning, tendering, contract administration, cost reporting, change control, valuations, value engineering, and final accounts. The role also includes use of Turner & Townsend’s digital cost management tools, carbon accounting, support for its NewLeaf strategy, and responsibility for internal fees, job costing, and resourcing.

The Cost Manager also contributes to business development, professional networking, bids, marketing, and improvements to cost management products and procedures. Internally, the role includes knowledge management, process improvement, and mentoring junior colleagues. Depending on context, the position reports to a Senior Cost Manager or Associate Director.

Requirements

• Ability to work autonomously.
• Self-motivated and able to take initiative and deliver to tight deadlines.
• Have achieved Chartered Status.
• Confident and professional manner.
• Highly organised, with the ability to prioritise own workload.
• Ability to collaborate and build relationships across the business.
• Ability to work well under pressure.
• Ability to delegate tasks to junior team members to support their technical development.

Responsibilities

• Manage commissions and support end-to-end service delivery to meet client objectives.
• Assist with feasibility studies and prepare procurement reports.
• Estimate and cost-plan projects, including producing and presenting final cost plans using relevant tools and The Hive.
• Manage tendering and procurement, including pre-qualification, tender lists, preliminaries, tender analysis and reports, and contractual documents; use The Hive and the eTender Platform.
• Act as contract administrator, manage post-contract cost variances and change control, and refer major changes to the line manager where applicable.
• Take personal responsibility for cost checks and valuations on larger projects, and ensure timely, accurate cost checking and valuation on all projects.
• Produce monthly post-contract cost reports using the Cost Control App and present them to clients.
• Contribute to value engineering and negotiate and agree final accounts.
• Interface with clients, Project Managers, and other consultants throughout project stages.
• Collaborate with Turner & Townsend’s project management team during project delivery.
• Where appropriate, lead a cost management team and ensure delivery of the required accountabilities.
• Use the company’s digital cost management tools, including The Hive Benchmarking App, CostX, Market Rates App, eTender Platform, and Cost Control App.
• Use the Embodied Carbon Calculator to produce carbon footprint reports and support execution of the NewLeaf strategy.
• Manage internal fees, job costing, and resourcing requirements.
• Identify opportunities for new business with existing clients, report them to the appropriate line manager, and use the marketing database effectively.
• Develop and maintain a professional network of peers and potential clients; assist with bid documentation and participate in networking and CPD events and extracurricular activities.
• Identify improvements to cost management procedures, templates, products, internal systems, and processes, and refer ideas to the appropriate line manager.
• Ensure key information and learning from commissions is entered into the company’s internal database.
• Support, develop, and mentor junior staff members, including delegating tasks to support their technical development.
• Manage commissions to appropriate quality standards, efficiently and on time, in line with appointment conditions; maintain client and cross-functional relationships, track commission margins, and ensure information is cascaded and retained appropriately.

Benefits

• Role development and advancement opportunities.
• Professional development opportunities, including work with industry-leading professionals, RICS Chartership development support, and NEC accreditation.
• Healthy, productive, and flexible working environment that respects work-life balance.
• Opportunity to pursue personal interests through company sports teams, social networks, or activities brought to colleagues.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed