(CSA) Cost Manager (Hospitality / Tourism / Urban Development) at Turner & Townsend Ltd

Kuala Lumpur, Kuala Lumpur, Malaysia -

Full Time

Start Date

Immediate

Expiry Date

14 Oct, 26

Salary

0.0

Posted On

16 Jul, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Cost Planning, Budget Management, Contract Administration, Claims Assessment, Financial Forecasting, Procurement Planning, Stakeholder Management, Value Engineering, Tendering, Commercial Management, Microsoft Excel, CostX

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. Please visit our website: www.turnerandtownsend.com Job Description Role Overview We are seeking an experienced Cost Manager to support the successful delivery of hospitality, tourism, mixed-use, and urban development projects. This role will be responsible for managing project costs throughout the project lifecycle, ensuring commercial objectives, budget targets, and client expectations are achieved. You will work closely with clients, consultants, contractors, and project teams, providing commercial leadership across pre-contract and post-contract activities while supporting the development of junior team members. Key Responsibilities Cost Planning & Budget Management Prepare, develop, and manage project budgets, cost plans, and cost forecasts throughout all project stages. Monitor project expenditure and provide proactive cost advice to support commercial decision-making. Identify cost risks and opportunities, recommending mitigation measures where necessary. Support value engineering initiatives to optimise project outcomes while maintaining design intent and operational requirements. Contract Administration Administer project contracts, ensuring compliance with contractual obligations and commercial requirements. Manage variations, change control processes, contractor claims, and final account negotiations. Review contractual matters and provide commercial recommendations to project stakeholders. Ensure accurate documentation and records are maintained throughout the project lifecycle. Claims & Commercial Assessment Assess, evaluate, and prepare recommendations on contractor claims and entitlement submissions. Review supporting documentation and cost impacts associated with variations and compensation events. Support dispute avoidance and commercial resolution activities where required. Cost Reporting & Financial Control Produce monthly cost reports, financial forecasts, cash flow updates, and budget status reports. Monitor project financial performance and highlight cost trends, risks, and forecast deviations. Provide timely and accurate reporting to clients and project stakeholders. Ensure compliance with project governance and financial control procedures. Procurement & Tendering Support procurement planning and tendering activities across multiple work packages. Prepare tender documentation, commercial assessments, and tender recommendation reports. Evaluate tender submissions and provide commercial advice during contractor selection. Assist in developing procurement strategies aligned with project objectives. Stakeholder Management Work closely with clients, architects, designers, engineers, contractors, and project managers. Participate in project meetings and provide commercial guidance throughout project delivery. Build and maintain strong relationships with internal and external stakeholders. Team Leadership & Development Provide guidance, mentoring, and day-to-day support to Assistant Cost Managers (ACMs). Review work outputs and support the professional development of junior team members. Promote collaboration, knowledge sharing, and continuous improvement within the team. Qualifications Qualifications Degree in Quantity Surveying, Cost Management, Construction Management, Engineering, or a related discipline. Professional accreditation (MRICS, AIQS, CIQS, or equivalent) is advantageous. Experience Minimum 6-10 years of experience in cost management, quantity surveying, or commercial management. Experience delivering hospitality, tourism, urban development, mixed-use, hotel, resort, or large-scale development projects. Strong understanding of both pre-contract and post-contract cost management functions. Consultancy experience is highly preferred. Skills & Competencies Strong commercial and financial management skills. Experience in contract administration, claims assessment, and final account management. Excellent cost planning, forecasting, and reporting capabilities. Strong stakeholder management and client-facing skills. Ability to manage multiple projects and deadlines within a fast-paced environment. Proficient in Microsoft Excel and cost management software such as CostX or equivalent. Additional Information 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/ #LI-LL1 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

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Responsibilities

Manage project costs throughout the lifecycle for hospitality and urban development projects, ensuring budget targets and commercial objectives are met. Provide commercial leadership across pre- and post-contract activities while mentoring junior team members.