Senior Cost Manager

1 day ago

Los Angeles, United States Turner & Townsend Group Full time
Company Description From the inception of a project through to completion and beyond, Turner & Townsend help to deliver the outcomes that matter through transformational programs covering the full spectrum of consultancy, project delivery and post-project operations. With offices located globally, you're never far away from our services. Working from 133 offices in 49 countries, we make the difference to projects across the real estate, infrastructure and natural resources sectors worldwide. Our team is dynamic, innovative and client-focused, supported by an inclusive and fun company culture. Our clients value our proactive approach, depth of expertise, integrity and the quality we deliver. As a result, our people get to enjoy working on some of the most exciting projects in the world. Job Description Turner & Townsend are looking for an experienced and highly skilled Senior Cost Manager / Estimator to join our Los Angeles team, and lead cost management efforts for a variety of complex and high-profile construction projects. These projects will span multiple sectors, including data centers, life sciences, commercial real estate, and healthcare. The Senior Cost Manager / Estimator will be responsible for managing project budgets, developing accurate cost estimates, overseeing cost control measures, and providing strategic leadership to ensure that projects are completed on time and within budget. To be successful in this position you must have consulting experience, great communication skills and be comfortable operating in a client-facing role. Responsibilities: Lead the preparation of detailed, accurate cost estimates for projects in the pre-construction phase, including material take-offs, labor costs, and equipment costs. Develop and manage comprehensive project budgets, including contingency and risk allowances. Utilize historical data, industry benchmarks, and market trends to inform cost projections and ensure accuracy. Provide cost estimates for all phases of a project, from early conceptual design through to final construction. Develop and implement cost control procedures to monitor and manage project financial performance. Track actual costs against estimated costs throughout the project lifecycle, preparing regular cost reports and forecasting potential budget overruns. Review and approve change orders, ensuring that any cost impacts are accurately reflected in project budgets. Proactively identify cost-saving opportunities and recommend value engineering strategies to clients and project teams. Lead the bidding process, including the preparation of bid packages and the evaluation of subcontractor proposals. Negotiate terms with subcontractors, vendors, and suppliers to ensure the best value and compliance with project specifications. Analyze subcontractor bids and proposals to assess cost competitiveness and ensure alignment with project scope and quality requirements. Identify potential cost risks and develop strategies for mitigating financial exposure throughout the project lifecycle. Participate in project risk assessments and provide insight into potential financial risks and opportunities for cost savings. Collaborate with project managers to ensure cost risks are effectively communicated and managed. Lead and mentor junior estimators and cost management staff, providing guidance and support in developing accurate estimates, cost reports, and cost control practices. Foster a collaborative team environment, working closely with architects, engineers, and project managers to ensure alignment between cost estimates, budgets, and project goals. Provide strategic oversight and leadership on cost management for multiple concurrent projects, ensuring consistency and quality of work. Prepare and deliver regular cost and financial reports to senior leadership, project teams, and clients, providing clear updates on budget status, potential risks, and cost forecasts. Communicate effectively with clients, stakeholders, and project teams to manage expectations and deliver timely information on project cost performance. Stay informed of industry trends, market conditions, and material costs that could impact project budgets, particularly in the data center, life sciences, healthcare, and commercial real estate sectors. Maintain and update cost databases and estimating tools to reflect market conditions, historical project data, and vendor pricing. Qualifications Bachelors or advanced degree in Construction Management, Quantity Surveying, Engineering, or a related field. A minimum of 7 years' experience in construction cost estimation and cost management, with specific experience in managing large-scale projects within data centers, life sciences, healthcare, and/or commercial real estate sectors. Demonstrated experience in providing strategic oversight and leading cost management on complex construction projects. Proven experience in managing multi-million dollar project budgets and developing accurate and detailed cost estimates. Advanced proficiency in estimating software (e.g., CostX, Bluebeam, Procore, Buildertrend, RSMeans, Timberline, or similar). Strong proficiency in Microsoft Excel and other Office Suite applications. Strong analytical, organizational, and leadership skills. Ability to develop and manage project budgets, provide detailed cost reports, and present cost-related data to senior leadership and clients. Excellent communication skills, both written and verbal, with the ability to clearly present complex cost data to a range of stakeholders. AACE (Association for the Advancement of Cost Engineering) Certification or similar cost management/cost estimating certifications is advantageous. Strong leadership capabilities with the ability to mentor and guide junior team members. Proactive approach to problem-solving with a focus on delivering cost-effective solutions. Detail-oriented with a focus on accuracy and quality in estimating and cost management. Ability to work under pressure, meet deadlines, and manage multiple projects simultaneously. Additional Information The salary range for this full-time role is $130K-$160K per year. Ranges are determined by role and level and represent a good faith effort to provide a fair and equitable salary. This range is a reflection of base salary only, not of a total compensation package. Please note Turner & Townsend reserves the right to pay more or less than the posted range, depending on candidates experience and qualifications. On-site presence and requirements may change depending on our client's needs. 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. J-18808-Ljbffr

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