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Senior Cost Manager- Real Estate

Turner & Townsend
New York, NY
  • Expired: May 29, 2022. Applications are no longer accepted.
Company Description

We are a global professional services organization that provides consulting and delivery services to large global clients.

With our experience of major capital projects all over the world we’re experts at managing the many moving parts involved in complex programmes, with 110 offices across 45 different countries.

At the heart of our approach is a focus on better outcomes. With an independent view we do things smarter; we give the clarity and rigour to help teams work better together, to make an investment case stronger, to raise the standards of delivery and to maintain schedules and budgets. It’s how we’ve made the difference for more than 70 years.

We are equal opportunity employers. A copy of the policy statement on equal opportunity is provided upon request.

Job Description

Who are you?

You are a Senior Cost Manager with a minimum of 6 years relevant experience working on large-scale retail, commercial real estate, corporate interiors, or high-tech construction projects.

You will either specialize in pre-contract cost planning and estimating activities or post-contract commercial management, and/or both. You will bring your practical expertise and best practice experience and be comfortable operating in a client-facing role, leading project teams and managing stakeholders.

Key Accountabilities
  • Advising client on strategies, managing prequalification of vendors, assessing proposals, bids, and bidlevelingdocuments, making final recommendations tothe client, attending & chairing bid interviews, and managing appointment process
  • Manage estimating services for full project by developing project estimates (relating to construction, fees, direct work and other costs), reviewing estimations prepared by junior team members, presenting estimates to client, presenting value engineering recommendations and risk assessments to client, meeting with vendors to review, validate, and challenge costs, and reviewing estimates by utilizing benchmark data collected from other projects
  • Manage cost reporting by establishing reporting schedule, reviewing & presenting cost reports and forecasts, reviewing project budget & spend forecast withthe client, developing & maintaining commercial risk register, and hosting periodic meetings with project team & vendors
  • Manage cost control process by reviewing payment application assessments prepared by junior team members, liaising with project managers to recommend contractor entitlements, reviewing requests for change orders from vendors & making recommendations toclient, and using dispute prevention/management/resolution procedures to manage payment requisitions, change orders, and contractual disputes
  • Manage & monitor invoicing process
  • Benchmark performance against other successful commissions
  • Hold post-contract reviews with the client to establish a lessons learned document and apply lessons to createtrainingmanual
  • Develop procedures governing handover ofproject
  • Perform all of the duties above through the use/preparation of Bid Analysis Sheets, Change Control Forms, Cost Estimating Software, and Takeoff Software
Key Performance Indicators
  • Projects are managed to the correct quality standards and are completed efficiently, on time and to budget
  • Project delivery meets the client’s objectives and is in line with the conditions of appointment
  • The project team is led effectively
  • Strong relationships are developed with clients and members of the cross-functional team
  • The internal financial status of all projects is effectively monitored
  • Key information and data is effectively cascaded and appropriately retained

Education Requirement:Bachelor's Degree or its equivalent in Construction Management or Related Field - An acceptable equivalent to a US Bachelor's degree will include any combination of degrees, certificates, training, and/or experience, evaluated as equivalent to a four (4) year U.S. Bachelor's degree by a credential evaluator.

Experience Requirement:6-9 years of experience performing all job duties listed, or three (3) years of experience as a Senior Cost Manager, Cost Manager, or related title performing the following job duties:
  • Assist with Request for Proposal (RFP) process by preparing documents, releasing RFPs, arranging mid-bid interviews, and creating bid analysis sheets
  • Support senior manager by reviewing initial project estimates, providing measurements & pricing for estimates at assigned stages of the project, advising the client of any budget changes, and preparing & sendingfinalestimate to senior manager for review
  • Update regular cost reports & forecasts, amount & cost of construction work to be done, and cash flow forecast
  • Assess change orders & payment applications from vendors & challenge discrepancies, andRecommend cost amounts to be paid based on claims and changes
  • Measure & price quantities of various construction materials
  • Perform all of the duties above through the use/preparation of Bid Analysis Sheets, Change Control Forms, Cost Estimating Software, and Take-off Software
Additional Information

Turner & Townsend is an Affirmative Action and Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.Equal Employment Opportunity Posters If you’d like to view a copy of the company’s affirmative action plan, please If you are an individual with a disability and would like to request a reasonable accommodation as part of the employment selection process, please contact the Human Resources Department at 713-457-9400 This telephone line and email address is reserved solely for job seekers with disabilities requesting accessibility assistance or an accommodation in the job application process. Please do not call about the status of your job application if you do not require accessibility assistance or an accommodation. Messages left for other purposes, such as following up on an application or non-disability related technical issues, will not receive a response.

Turner & Townsend does not accept any speculative or unsolicited CV’s that have been sent to our internal recruitment team or hiring managers from agencies outside of our preferred supplier list or that have not followed due process. Any speculative or unsolicited CV’s will be treated as a direct application.

Turner & Townsend


New York, NY
10261 USA


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