Senior Cost Manager - Real Estate
New Yesterday
Senior Cost Manager – Real Estate
Turner & Townsend is a global professional services company with over 10,000 people in 50 countries. We specialise in major programmes, programme management, cost and commercial management, net zero and digital solutions across real estate, infrastructure and natural resources sectors.
We are passionate about making a difference, transforming performance for a green, inclusive and productive world.
Core Values
We love a challenge
We are stronger together
We bring out the best in everyone
Developed a market leading suite of bespoke digital tools – The Hive
Champion a diverse workforce and culture
Offer role development and advancement opportunities
Commit to social value and environmental issues through the NewLeaf strategy
Provide opportunities for professional development (RICS Chartership development, NEC accreditation)
Offer a level of independence with multidisciplinary collaboration and support where needed
Main Purpose of Role
Perform the role of the Commission Manager, taking responsibility for end‑to‑end service delivery
Ensure that client objectives are met through the delivery of an effective cost management service
Scope
Senior Cost Managers handle commissions of varying sizes; typically projects fall within the £10m to £50m range.
Key Accountabilities
Commission Management
Coach junior staff and allocate roles to ensure effective cost management on all projects
Advise clients on feasibility studies and procurement options
Manage estimating and cost planning stages, presenting final cost plans to the client
Tendering and procuring, including pre‑qualification, tender list, preliminaries, analysis and contract documentation using The Hive, eTender Platform and related tools
Act as contract administrator: handle post‑contract cost variances, change control processes and refer major changes to line manager
Peer‑review cost allowances, conduct valuations on larger projects, ensuring timely and accurate cost checking and valuation
Produce monthly post‑contract cost reports via the Cost Control App and present to the client
Input into value engineering and negotiate final accounts
Interface with clients, Project Managers and other consultants at all project stages
Collaborate with Turner & Townsend’s project management team during delivery
Lead a cost management team when appropriate
Utilise bespoke digital tools – The Hive (Benchmarking App, CostX, Market Rates App), eTender Platform, Cost Control App
Implement the Embodied Carbon Calculator to produce carbon footprint reports
Support execution of the NewLeaf strategy
Manage internal fees, internal job costing and resourcing requirements
Marketing and Business Development
Identify opportunities to develop new business with existing clients and report to the line manager using the marketing database
Develop and maintain a professional network of peers and potential clients
Lead bid submissions
Identify ways to improve cost management procedures, templates and products
Participate in external groups, networking and CPD events
Internal Management Accountabilities
Knowledge management – capture key information and learning from each commission in the internal database
Process improvement – propose internal system and process enhancements to the line manager
Lead support, development and mentorship of junior staff members
Manage projects on D365
Reporting
Depending on context, a Senior Cost Manager typically reports to an Associate Director, Project Director or Director.
Key Performance Indicators
Commissions managed to quality standards and delivered efficiently and on time
Service delivery aligns with conditions of appointment
Development of good relationships with clients and cross‑functional teams
Effective member of the cost management team, including supervision of Assistants, Cost Managers and junior staff
Identification of new business opportunities with existing clients
Monitoring margin levels on all commissions
Effective cascading and retention of key information and data
Qualifications
Work autonomously and self‑motivate to meet tight deadlines
Achieved Chartered Status
Exhibit confident and professional manner
Highly organised with ability to prioritise workload
Collaborate and build relationships across the business
Work well under pressure
Delegate tasks to junior team members to support their technical development
Additional Information
Turner & Townsend is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees, and encourage applications from all sectors of the community.
SOX control responsibilities may be part of this role, which are to be adhered to where applicable.
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 of Turner & Townsend and are not 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.
Locations
Bristol, England, United Kingdom
Cardiff, Wales, United Kingdom
Employment Type
Full‑time
Seniority Level
Mid‑Senior level
Job Function
Project Management, Consulting, and Engineering
Industries
Construction, Civil Engineering, and Business Consulting and Services
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- Location:
- Bristol
- Job Type:
- FullTime
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