Senior Cost Manager - Real Estate

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Turner & Townsend is a global professional services company with over 22,000 people in more than 60 countries. We collaborate with clients across real estate, infrastructure, energy and natural resources, delivering projects that improve people’s lives through partnership, innovation and performance.

• Perform the role of the Commission Manager, taking responsibility for end‑to‑end service delivery.
• Ensure client objectives are met through an effective cost management service.

Senior Cost Managers handle commissions ranging from £10 m to £50 m, depending on project complexity.

• Coach junior staff, allocating roles and responsibilities to ensure effective cost management.
• Advise clients on feasibility studies and procurement options.
• Manage estimating and cost planning; present final cost plans to clients.
• Conduct tendering and procurement (pre‑qualification, tender list, preliminaries, tender analysis, tender report, contractual documents) using The Hive and eTender Platform.
• Act as contract administrator, managing post‑contract cost variances and change control processes.
• Peer‑review cost allowances and perform valuations on larger projects, ensuring timely and accurate cost checks.
• Produce monthly post‑contract cost reports via the Cost Control App and present them to the client.
• Input into value engineering and negotiate final accounts.
• Interface with client, Project Manager and other consultants at all stages.
• Work collaboratively with Turner & Townsend’s project management team during delivery.
• Lead a cost management team where appropriate, ensuring they deliver all accountabilities.
• Utilise bespoke digital tools (The Hive Benchmarking App, CostX, Market Rates App, eTender Platform, Cost Control App).
• Implement the Embodied Carbon Calculator to produce carbon footprint reports.
• Support the execution of the New Leaf strategy.
• Manage internal fees, internal job costing and resourcing requirements.

• Identify opportunities to develop new business with existing clients and report them to the line manager.
• Develop and maintain a professional network of peers and potential clients.
• Lead bid submissions.
• Identify ways to improve cost management procedures, templates and products.
• Participate in external groups, networking and CPD events.

• Knowledge management – input key information and learning into the internal database.
• Process improvement – propose internal system improvements.
• Mentor and support junior staff.
• Manage projects on D365.

A Senior Cost Manager typically reports to an Associate Director, Project Director or Director.

• Commissions managed to quality standards and completed efficiently and on time.
• Service delivery in line with conditions of appointment.
• Good client and cross‑functional team relationships.
• Effective member of the cost management team, taking responsibility for Assistant Cost Managers and Cost Managers where appropriate.
• New business opportunities identified with existing clients.
• Margin levels tracked on all commissions.
• Key information and data effectively cascaded and appropriately retained.

• Ability to work autonomously.
• Self‑motivated, initiative‑driven and able to meet tight deadlines.
• Chartered status achieved.
• Confident and professional manner.
• Highly organised and able to prioritise workload.
• Collaborate and build relationships across the business.
• Work well under pressure.
• Delegate tasks to junior team for technical development.

SOX control responsibilities may be part of this role and are to be adhered to where applicable.

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.

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.