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Senior Cost Manager

2 months ago

Raleigh North Carolina, United States Turner & Townsend Full time
Job Summary

Turner & Townsend is seeking a highly skilled Senior Cost Manager to support our clients with complex projects. As a key member of our team, you will be responsible for providing cost management and estimating support services on our Life Sciences client's facility capital construction projects.

Key Responsibilities:
  • Provide cost management and estimating support services on our Life Sciences client's facility capital construction projects.
  • Develop and present cost plans, including estimates and cost planning.
  • Review and participate with the design services team and construction manager in the development of cost estimates.
  • Communicate with construction manager and owner project manager to gather status information and prepare cost estimate updates.
  • Manage and track contract increase costs and reasons for change.
  • Manage the Workstream budget and ensure compliance with Client processes.
  • Develop an understanding of the Client Work Breakdown Structure and manage and monitor custom WBS structure within the Client Cost Report Spreadsheet.
  • Utilize existing Client templates to maintain a project forecast (commitments, actual cash flow and forecast).
  • Provide monthly/quarterly reports for management team, such as a monthly variance cash flow report.
  • Maintain Change Management and Maintenance of Risk Tracking Tools within the Excel Spreadsheet or alternate reporting tool.
  • Reconcile changes and assist the construction manager to ensure that their data is accurate.
  • Estimating and negotiating change orders throughout the construction lifecycle.
  • Participate effectively with post-contract cost variances and the change control processes.
  • Update the project cash flow in the Client custom database - Capital Planning System (CAPS) for your Workstreams.
  • Review vendor & General Contractors invoices/pay applications as required.
  • Establish monthly project metrics and create presentations for your Workstreams.
  • Perform Monthly Risk Analysis and integrate risks into the project forecast.
  • Support tracking of internal Client labor charges in US & outside US (OUS) locations as applicable.
  • Develop and implement work processes and procedures as required.
  • Prepare written comments to all the construction manager's submissions.
  • Manage Cost impact / contingency management and commitment tracking logs to drive accurate monthly reporting.
  • Prepare funding data presentations.
  • Prepare monthly time phase forecasting updates and ensure accuracy of said forecasts.
  • Prepare monthly project status report for the stakeholders.
Pre-Contract and Post-Contract Responsibilities:
  • Developing estimates through the design phase, delivering updated cost plans at appropriate design milestones.
  • Providing commercial input to design optioneering and input into value engineering exercises.
  • Reviewing contractor and subcontractor pricing and leading negotiations on behalf of the client to drive fair contract prices.
  • Performing quantity surveying, cost controls and change management activities throughout the project lifecycle.
  • Ensuring that post-contract cost variances and change control processes are managed effectively.
  • Ensuring that cost auditing and valuation work is managed effectively.
  • Preparing monthly time phase forecasting updates.
  • Preparing monthly project status report for the stakeholders.
  • Ensuring that final accounts are negotiated and agreed in a timely manner.