Senior Cost Management

The Senior Cost Manager reports directly to the Cost Management Lead and supports in all aspects of project budgeting procurement and cost control. The role holder develops and implements robust cost control processes manages procurement activities and ensures compliance with industry standards. The Senior Cost Manager collaborates with various project teams to ensure cohesive planning and execution while driving continuous improvement initiatives within the cost management function.  This role is critical in ensuring the responsible use of public funds and maintain transparency in financial processes.

Principal Accountabilities

• Develop and implement cost control processes to monitor and manage project budgets expenditures and forecasts.
• Prepare review and manage project budgets ensuring alignment with project objectives and financial constraints.
• Manage the procurement process ensuring stages including prequalification enquiry analysis selection and contract preparation are performed effectively.
• Oversee the preparation and evaluation of tender documents ensuring accuracy and compliance with project requirements.
• Generate detailed cost reports and present findings to senior management providing insights and recommendations for cost optimisation.
• Work closely with the Cost Estimating Lead Scheduling Lead Scope and Benefits Lead and Systems Implementation Lead to ensure cohesive project planning and execution.
• Collaborate with project managers and stakeholders to establish cost objectives and monitor progress.
• Identify and assess cost-related risks developing mitigation strategies to minimise financial impact on the project.
• Conduct cost analysis and provide recommendations for cost-saving initiatives.
• Prepare and present cost reports including variance analysis and cost projections.
• Pro-actively monitoring and managing cost variance and contract cash flow and ensuring that applications are made correctly and in a timely manner.
• Ensure all cost management activities comply with relevant regulations standards and best practices.
• Drive continuous improvement initiatives within the cost management function leveraging industry best practices and innovative solutions.
• Coach junior staff including the allocation of roles and responsibilities to ensure effective cost management.
• Perform additional tasks activities or other duties as may be required or assigned as part of the role.

Qualifications :

• 10 years of experience in Construction Cost Management PQS or Contractor/Developer experience.
• A proven track record of conducting cost management in high value metro rail projects or projects of a similar scale / complexity.   
• Significant experience of supporting the delivery of cost management in major project environments to enable achievement of project goals and objectives. 
• Significant experience in conceptual project budgeting construction risk identification scheduling project planning design and cost estimating at various project stages.
• Significant experience of dealing with a range of stakeholders at all levels across the organisation influencing the improvement of process and providing guidance to support project delivery and reporting.
• Experience in the Rail or associated industriesStrong understanding with industry regulations standards or financial compliance requirements.

Skills

• Strong knowledge of budgeting cost control and financial reporting.
• Strong understanding of project management principles including planning scheduling estimating and resource allocation.
• Ability to analyse data identify trends and make informed decisions based on financial and project data.
• Excellent verbal and written communication skills to facilitate clear and consistent dialogue between all parties involved.
• Ability to work in a collaborative manner that is positive open transparent and is a clear and effective communicator.
• Proficiency in cost management and project management software such as MS Project Primavera or specialised construction management tools.
• Deep understanding of industry-specific technical aspects.
• Familiarity with project management software.
• Ability to work effectively in a team environment.
• Financial acumen for handling budgets forecasts and financial reports.
• Leadership and team management skills for leading and supervising teams.
• Strong numerical skills for accurate calculations and data analysis.
• Project management skills for planning executing and closing projects efficiently.
• Risk management abilities to identify and mitigate potential risks.
• Strong analytical and critical thinking skills since a quantity surveyor is required to oversee monitor and manage every aspect of the cost and production of a particular construction project.
• In-depth knowledge of construction and its principles and guidelines.
• Possess a detailed knowledge of construction procedures and procurement processes.
• Strong knowledge of cost management principles methods techniques and tools including the standard method of measurement.
• Strong understanding of the design and delivery requirements of technically complex projects in the architectural / engineering / construction sectors.
• Strong knowledge of quality management and process improvement practices and systems is desirable preferably within the construction sector.

Formal Education Qualifications

• Minimum Level 8 degree (or equivalent) in relevant subject area e.g. engineering project management cost and commercial management etc. 

Professional Memberships

• Relevant project management qualification (e.g. APM Introductory certificate or equivalent)   
• Certified Management Accountant (CMA)

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

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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. 

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.