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Cost Management Specialist
2 months ago
Turner & Townsend is seeking an experienced Senior Cost Manager and/or Quantity Surveyor to join our team. This is an excellent opportunity to advance your career with a great team and work with well-known, prestigious clients on a diverse portfolio of commercial construction projects.
Key Responsibilities- Take responsibility and be the first point of contact for the reporting of the overall commercial status of a project.
- Ensure accurate and timely cost reporting at a project and portfolio level, providing regular updates to the client on overall cost position as well as risk and cash flow variances.
- Own and manage the change process, as well as negotiating change orders throughout the project lifecycle.
- Communicate effectively and professionally with numerous parties including the general contractor, the owner's representatives and external stakeholders.
- Manage forensic review of cost and carry out valuations on high value, time critical projects.
- Complete timely, accurate cost checking and monthly valuation processes.
- Extract data from several sources including complex spreadsheets, transforming it to fit operational needs to aid the project and portfolio as a whole.
- Participate effectively with post contract cost variances and the change control processes.
- Manage Cost impact / contingency management and commitment tracking logs.
- Prepare funding data presentations and coordinate value engineering sessions with stakeholders.
- Strong leadership skills and ability to be a good mentor to other members of the team.
- Provide commercial input to design optioneering and input into value engineering exercises.
- Review contractor and subcontractor pricing and lead negotiations on behalf of the client to drive fair contract prices.
- Responsible for completing procurement and bid comparison sheets as well as recommendations for approval.
- Preparation of funding requests.
- Responsible and first point of contact for overall commercial and change management activities throughout the project lifecycle, including forecasting and ensuring accurate cash flow reporting.
- Ensure that post-contract cost variances and change control processes are managed effectively.
- Responsible for implementing the required commercial processes and procedures agreed between Turner & Townsend and our clients.
- Aid in continuous development and improvement of these systems.
- Ensure that cost auditing and valuation work is managed effectively and that a robust process for cost validation is in place.
- Carry out the production of monthly cost and overall project status reports for presentation to the client.
- Ensure that final accounts are negotiated and agreed in a timely manner, providing maximum value to the Client.
- Aid in the compilation of as-built cost estimate records for benchmarking purposes.
- Work with numerous stakeholders to follow correct project close out procedures.
- Experience working in a construction cost management role within the construction industry.
- College and/or post-graduate degree in construction management, cost management, quantity surveying, engineering or a field related to construction.
- RICS accredited or working towards is valuable, but not required.
- Hybrid In-Office and Onsite working is required.
- Experience of leading cost and commercial management teams on medium or large sized construction projects of medium to high complexity in the investor developer, corporate occupier, data center and infrastructure space.
- Strong knowledge of construction industry legal and technical matters, such as different procurement routes and contract types.
- Good knowledge of construction industry technical matters, such as different procurement routes, value management and value engineering.
