Cost Manager

Company Description

At Turner & Townsend we're passionate about making the difference – we are committed to delivering Sustainable Net Zero outcomes for our clients, helping our people to realize their potential, and doing our part to create a prosperous society.

The world is changing, and we have a responsibility to support that change, helping drive it and be part of it.

Through the commitment, capability and care our team brings, we build trust between clients, suppliers, governments, and society. Delivering better outcomes that have a positive impact on the world around us.

We work smarter to face the challenges of the future; bringing the clarity that helps teams realise their full potential across the real estate, infrastructure, and natural resources sectors.

It's how we've made the difference for 75 years. Transforming performance for a green , inclusive and productive world.

The Intermediate Cost Manager is responsible for project budgeting, procurement and cost control. The role holder works with the team to develop and implement robust cost control processes, manage procurement activities and ensure compliance with industry standards. The Intermediate Cost Manager collaborates with various project teams to ensure cohesive planning and execution, while driving behaviours for continuous improvement initiatives within the cost management function. The role holder actively assesses cost-related risks and develop strategies to mitigate these risks. This role is critical in ensuring the responsible use of public funds and maintain transparency in financial processes.

Principal Accountabilities

• Develop and implement cost control processes to monitor and manage project budgets, expenditures, and forecasts.
• Prepare, review, and manage project budgets, ensuring alignment with project objectives and financial constraints.
• Manage the procurement process, ensuring stages including prequalification, enquiry, analysis selection and contract preparation are performed effectively.
• Prepare and evaluate tender documents, ensuring accuracy and compliance with project requirements.
• Generate detailed cost reports and present findings to senior management, providing insights and recommendations for cost optimisation.
• Work closely with the Scheduling team, Scope and Benefits team and Systems Implementation team to ensure cohesive project planning and execution.
• Collaborate with project managers and stakeholders to establish cost objectives and monitor progress.
• Identify and assess cost-related risks, developing mitigation strategies to minimise financial impact on the project.
• Conduct cost analysis and provide recommendations for cost-saving initiatives.
• Prepare and present cost reports, including variance analysis and cost projections.
• Pro-actively monitor and manage cost variance and contract cash flow, ensuring that applications are made correctly and in a timely manner.
• Ensure all cost management activities comply with relevant regulations, standards, and best practices.
• Perform additional tasks, activities or other duties as may be required or assigned as part of the role.

• 5+ years of experience in Construction Cost Management, PQS or Contractor/Developer experience.
• Experience with planning, design, new build, fit out and refurbishment works project delivery methods.
• Experience in conceptual project budgeting, construction risk identification, scheduling, project planning, design and cost estimating at various project stages.
• Experience in the Rail or associated Industries.

Skills

• Possess a detailed knowledge of construction procedures and procurement processes.
• Strong knowledge of budgeting, cost control and financial reporting.
• Strong understanding of project management principles, including planning, estimating, scheduling and resource allocation.
• Ability to analyse data, identify trends, and make informed decisions based on financial and project data.
• Excellent verbal and written communication skills to facilitate clear and consistent dialogue between all parties involved.
• Proficiency in cost management and project management software such as MS Project, Primavera or specialised construction management tools.
• Deep understanding of industry-specific technical aspects.
• Familiarity with project management software.
• Ability to work effectively in a team environment.
• Financial acumen for handling budgets, forecasts, and financial reports.
• Strong numerical skills for accurate calculations and data analysis.
• Project management skills for planning, executing, and closing projects efficiently.
• Risk management abilities to identify and mitigate potential risks.
• Strong analytical and critical thinking skills, since a quantity surveyor is required to oversee, monitor, and manage every aspect of the cost and production of a particular construction project.
• In-depth knowledge of construction and its principles and guidelines.

Formal Education Qualifications

• Minimum Level 8 degree (or equivalent) in relevant subject area e.g., engineering, project management, cost and commercial management etc.

Professional Memberships

• Relevant project management qualification (e.g., APM Introductory certificate or equivalent)
• Certified Management Accountant (CMA)

Our inspired people share our vision and mission. We provide a great place to work, where each person has the opportunity and voice to affect change.

We want our people to succeed both in work and life. To support this we promote a healthy, productive and flexible working environment that respects work-life balance.

Turner & Townsend is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees and actively encourage applications from all sectors of the community.

Please find out more about us at www.turnerandtownsend.com/

SOX control responsibilities may be part of this role, which are to be adhered to where applicable.

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It is strictly against Turner & Townsend policy for candidates to pay any fee in relation to our recruitment process. No recruitment agency working with Turner & Townsend will ask candidates to pay a fee at any time.

Any unsolicited resumes/CVs submitted through our website or to Turner & Townsend personal e-mail accounts, are considered property ofTurner & Townsend and arenot subject to payment of agency fees. In order to be an authorised Recruitment Agency/Search Firm for Turner & Townsend, there must be a formal written agreement in place and the agency must be invited, by the Recruitment Team,to submit candidates for review.

Join our social media conversations for more information about Turner & Townsend and our exciting future projects:

Twitter

Instagram

LinkedIn

It is strictly against Turner & Townsend policy for candidates to pay any fee in relation to our recruitment process. No recruitment agency working with Turner & Townsend will ask candidates to pay a fee at any time.

Any unsolicited resumes/CVs submitted through our website or to Turner & Townsend personal e-mail accounts, are considered property ofTurner & Townsend and arenot subject to payment of agency fees. In order to be an authorised Recruitment Agency/Search Firm for Turner & Townsend, there must be a formal written agreement in place and the agency must be invited, by the Recruitment Team,to submit candidates for review.