Cost Manager- Construction at Turner Townsend

Chicago, Illinois, United States -

Full Time

Start Date

Immediate

Expiry Date

03 Jun, 26

Salary

125000.0

Posted On

05 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Cost Reporting, Cost Control, Invoicing, Performance Benchmarking, Final Accounting, Post Contract Audits, Bid Analysis, Change Control, Cost Estimating, SOX Control, Project Controls Software, Work Breakdown Structure, Earned Value Management, Contract Administration, Risk Management, Schedule Management

Industry

Construction

Description

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 are looking for a Cost Manager/Quantity Surveyor to join our team and support construction cost management services for our clients. The ideal candidate will be driven and promote our Turner & Townsend purpose and values. Responsibilities: Manage cost reporting by establishing reporting schedule, reviewing & presenting cost reports and forecasts, reviewing project budget & spend forecast with the client, developing & maintaining commercial risk register, and hosting periodic meetings with project team & vendors Manage cost control process by reviewing payment application assessments, liaising with project managers to recommend contractor entitlements, reviewing requests for change orders from vendors & making recommendations to client, 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. Manage all facets of the final accounting process and post contract audits and account close outs. Hold post-contract reviews with the client to establish a lesson learned document and apply lessons to create training manual Develop procedures governing handover of project Perform all the duties above through the use/preparation of Bid Analysis sheets, Change Control forms, and Cost Estimating sheets SOX control responsibilities may be part of this role, which are to be adhered to where applicable. Project/Program specifications: Project/Program specific responsibilities: Operate Project Controls software by developing WBS, uploading financial data from SAP, and updating forecast based on inputs from various project stakeholders; Produce monthly cost report packages for multiple projects Develop/manage effective Work Breakdown Structure that meets each project needs while adhering to client standards. Review contractor work progress submissions and invoices to ensure consistency with approved forecasts and budgets Use existing Client SAP reports as a tool to gather data for cost reporting (actuals and commitments). Manage/maintain Project Change Logs and provide reporting Update the project cash flow in the Client portfolio management system Review and participate with the design services team and construction manager, in the development of the cost estimates. Market sector experience: Experience working on large-scale Life Sciences projects or similar preferred but not required. Project/program size in dollar value: Ranging from $100k to $50M+ Software specific requirements: Experience of using project controls tools (such as Contruent/Prism or Ecosys) or PMIS highly desirable Qualifications Bachelor’s degree in construction management, cost management, quantity surveying, engineering or related field related to construction. Minimum 2 years of relevant experience working in a cost management role preferably in the construction industry. RICS or AACEi accredited or working towards is preferred, but not required. Experience supporting cost management on medium or large sized construction projects. Construction consultancy experience is strongly preferred. Good knowledge of construction industry technical matters, such as project controls practices, Earned Value Management, cost estimating, capital program/portfolio planning; Good knowledge of various project delivery methods, commercial management, contract administration, risk management, and schedule management Strong communication skills Additional Information Turner & Townsend carefully considers multiple factors to determine compensation, including a candidate’s education, training, experience, and location or role. The minimum salary for the Cost Manager position is $100K annually and the maximum salary for the Cost Manager position is $125K annually. The compensation that is offered to a successful candidate will depend on the candidate’s skills, qualifications, and experience. 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 email [email protected]. 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 or [email protected]. 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. #LI-JS3 Join our social media conversations for more information about Turner & Townsend and our exciting future projects: Twitter Instagram LinkedIn 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. Department: Real estate

Responsibilities

The Cost Manager will manage cost reporting by establishing schedules, reviewing forecasts, developing risk registers, and hosting periodic meetings with project teams and vendors. Responsibilities also include managing the cost control process through payment application reviews, change order recommendations, and dispute resolution procedures.