Cost Manager – Construction Management

Turner & Townsend

Cost Manager – Construction Management

Redwood City, CA
Full Time
Paid
  • Responsibilities

    Job Description

    Turner & Townsend’s San Francisco Bay Area team is seeking a driven and experienced Cost Manager with a strong background in post-contract management. In this role, you will work with a leading tech client on both new development projects and the refurbishment of existing facilities for a corporate campus. You will play a key role in managing cost control, financial forecasting, and budgeting.

    The ideal candidate will thrive in a client-facing role, and bring extensive post-contract experience, including overseeing cost performance, managing procurement processes, and ensuring the financial success of projects within the tech industry.

    Responsibilities:

    • Lead and manage the post-contract phase for both new development and refurbishment projects. Monitor and track project costs, ensuring all expenditures align with the approved budget and the overall project objectives.
    • manage project changes, including scope modifications, cost variations, and schedule impacts. Work closely with project stakeholders to assess, validate, and implement changes while maintaining financial control and minimizing disruption.
    • Oversee the development and approval of cost estimates, budgets, and forecasts. Maintain rigorous control over project financials, ensuring that budgets are adhered to, and potential cost overruns are mitigated.
    • Lead the procurement process for subcontractors and suppliers, including preparation of tender documents, contract negotiation, and awarding of contracts. Ensure all contracts are managed in line with the terms and conditions and monitor performance to ensure value for money.
    • Maintain accurate and up-to-date records of project costs. Prepare detailed and transparent financial reports for senior management and key stakeholders, highlighting any cost variations and recommending corrective actions.
    • Serve as the primary point of contact for cost-related matters with internal teams, project managers, architects, engineers, contractors, and other external parties. Provide regular updates on cost status, risks, and opportunities.
    • Identify and assess potential cost risks and opportunities throughout the project lifecycle. Develop strategies to mitigate risks and enhance project cost performance.
    • Ensure all contractual terms and conditions are adhered to, with particular attention to assessing claims, variations, and disputes. Facilitate the resolution of any contractual issues, ensuring alignment with project goals and financial targets.
    • Work closely with the design and construction teams to suggest cost-effective solutions, optimizing the balance between quality, budget, and schedule.
    • Oversee the financial closeout of projects, ensuring that all costs are reconciled, final accounts are settled, and all contractual obligations are met.
  • Qualifications

    Qualifications

    • A degree in Quantity Surveying, Construction Management, Engineering, or a related field.
    • Professional certifications such as MRICS (Member of the Royal Institution of Chartered Surveyors), AACE (Association for the Advancement of Cost Engineering), or similar are advantageous.
    • Minimum of 7 years’ experience in construction cost management, with a strong emphasis on post-contract management and change management.
    • Proven experience managing costs for large-scale new developments and refurbishment projects, ideally within the tech sector or for corporate campuses.
    • Expertise in cost control, financial reporting, and risk management for complex construction projects.
    • Experience in procurement, contract administration, and managing change within a project’s lifecycle.
    • Advanced knowledge of cost estimating, budgeting, and cost control software/tools.
    • Expertise in change management processes, with a track record of successfully managing project scope, cost, and schedule changes.
    • Strong negotiation skills, particularly in managing contract variations and claims.
    • Excellent communication skills, with the ability to engage and influence stakeholders at all levels.
    • Ability to manage multiple projects simultaneously, ensuring the financial health of each.
    • Strong problem-solving skills and a proactive approach to identifying and addressing financial issues.
    • High attention to detail, with the ability to manage complex project budgets and ensure financial transparency.
    • A collaborative mindset with the ability to work effectively across multiple teams and with external contractors.

    Additional Information

    The salary range for this full-time role is $130K-$145K per year. Ranges are determined by role and level and represent a good faith effort to provide a fair and equitable salary. This range is a reflection of base salary only, not of a total compensation package. Please note Turner & Townsend reserves the right to pay more or less than the posted range, depending on candidate’s experience and qualifications.

    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/

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