Cost Manager - Commercial Real Estate Construction

Company Description

Turner & Townsend is a global professional services company with over 22,000 people in more than 60 countries. 

Working with our clients across real estate, infrastructure, energy and natural resources, we transform together delivering outcomes that improve people’s lives. Working in partnership makes it possible to deliver the world’s most impactful projects and programmes as we turn challenge into opportunity and complexity into success. 

Our capabilities include programme, project, cost, asset and commercial management, controls and performance, procurement and supply chain, net zero and digital solutions. 

We are majority-owned by CBRE Group, Inc., the world’s largest commercial real estate services and investment firm, with our partners holding a significant minority interest. Turner & Townsend and CBRE work together to provide clients with the premier programme, project and cost management offering in markets around the world. 

Job Description

Turner & Townsend is seeking a Cost Manager / Quantity Surveyor to join our team and support the delivery of cost management services across a portfolio of construction, renovation, and capital improvement projects. This role will support clients through all phases of the project lifecycle, from preconstruction and procurement through construction and closeout. The ideal candidate will be collaborative, client-focused, and committed to delivering high-quality commercial outcomes.

Responsibilities:

• Advise clients on procurement strategies, vendor prequalification, bid evaluations, bid leveling, contractor selection, and contract award processes.
• Manage estimating services throughout project lifecycles, including preparing and reviewing cost estimates, validating pricing, conducting benchmark analyses, performing quantity takeoffs, and presenting value engineering opportunities and risk assessments.
• Review contractor, consultant, and vendor proposals to ensure scope completeness, pricing accuracy, and alignment with project objectives.
• Prepare and maintain project budgets, cost plans, cash flow forecasts, and cost reports, ensuring accurate tracking of project expenditures and forecasted costs.
• Develop and maintain commercial risk registers and support project teams in identifying and mitigating cost and schedule risks.
• Manage cost control processes, including reviewing payment applications, evaluating change orders, assessing contractor entitlements, and making recommendations to clients.
• Support contract administration activities, including dispute avoidance, resolution of commercial issues, and maintenance of project cost records.
• Monitor and manage project invoicing processes and financial reporting requirements.
• Benchmark cost and performance data across projects to support continuous improvement and informed decision-making.
• Manage final account negotiations, project closeout activities, post-contract audits, and reconciliation of project costs.
• Conduct lessons learned reviews and support the development of best practices, processes, and training materials.
• Prepare and maintain project documentation using cost estimating, takeoff, and cost management software platforms.
• Collaborate with clients, project managers, consultants, contractors, and other stakeholders to ensure successful project delivery.
• SOX control responsibilities may be part of this role, which are to be adhered to where applicable.

Qualifications

• Bachelor's degree in Construction Management, Quantity Surveying, Cost Management, Engineering, Architecture, or a related construction discipline.
• Minimum 3-5 years of experience in cost management, quantity surveying, estimating, or commercial management within the construction industry.
• Experience supporting construction, renovation, tenant improvement, retail, commercial, corporate real estate, financial services, healthcare, higher education, industrial, or mixed-use projects.
• Experience preparing estimates, managing project costs, evaluating change orders, and administering contracts throughout the project lifecycle.
• Construction consultancy, owner's representative, project management, or contractor-side cost management experience is preferred.
• Knowledge of construction procurement methods, cost planning, value engineering, and commercial risk management.
• Familiarity with cost estimating and takeoff software, cost reporting tools, and Microsoft Office applications.
• RICS accreditation, or progress toward achieving it, is considered an asset.
• Strong analytical, organizational, negotiation, and communication skills.
• Ability to effectively manage multiple projects and stakeholders in a fast-paced environment.

Additional Information

*On-site presence and requirements may change depending on our client's needs.

The base salary range for this role is $100,000-$130,000 USD. This range reflects the company's good faith estimate of the base salary for this position at the time of the posting. Final compensation will be determined based on factors including experience, skills, qualifications, and internal equity. In addition to base salary, employees may be eligible for bonuses and a comprehensive benefits package.

Our inspired people share our vision and mission. We provide a great place to work, where each person has the opportunity and voice to affect change.

We want our people to succeed both in work and life. To support this we promote a healthy, productive and flexible working environment that respects work-life balance.

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.

Please find out more about us at www.turnerandtownsend.com and www.heery.com

All your information will be kept confidential according to EEO guidelines.

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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.