drjobs Associate Director - Cost Management

Associate Director - Cost Management

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1 Vacancy
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Job Location drjobs

India

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Main Responsibilities: 

  • Works within the Cost Management team as a leader managing cost management professionals within larger teams and delivering successful solutions for clients.
  • Support the management direction and leadership of the Cost Management stream and are accountable for key account management and other business development related activity
  • Will be a part of the Senior Management team (SMT) for the region.

Key Responsibilities:

Finance

  • Ensure the business unit achieves/betters its budget turnover/profit for the financial year by agreed Net Margin
  • Support in achieving target profit margin of 10% for the office
  •  To support in achieving target gross margin of 45% for office
  • Support offices in achieving and maintaining average 85% resource utilization
  • Achieve and maintain 90% accuracy in forecasting of financial information namely monthly revenue and cost
  • Prepare and continually maintain up to date TIC (Target Income Costs) sheets for all commissions indicating forecasted resource utilisation and profitability
  • Achieve and maintain average debtor days between 30-60 days for all commissions
  • Achieve and maintain 100% ETCi completion of all staff on a weekly basis
  • Align with the financial reporting calendar (namely weekly utilization short term rolling forecast management accounts aged debts) at APAC level and subsequently global level.

Service Delivery

  • Promote Service Excellence through TIC & ADD models
  • Governance. Ensure that contractual risks are acceptable at tender stage and retained contract risks are effectively managed by:
  • Compliance with T&T RM processes
  • Submission of all T&Cs to RM Qualification of tender submissions in accordance with RM guidelines
  • Implementing risk mitigation measures for identified & accepted risks.
  • reporting risk issues to Divisional risk representative
  •  Maintain effective communication with Director staff and fellow Associate Directors
  • Ensure commercial contracts for Mumbai business units services are administered in line with T & T policy. All agreements and proposed new services to be verified with RM and BUD as required
  • Ensure that lessons learned / best practices from commissions are captured within KM system as appropriate

#LI-HT1 


Qualifications :

 

  • Education - B.E/ should have relevant experience of working preferably for a construction consultancy in India/abroad hold a graduate degree preferably in Cost Management and possesses good technical skills.
  • 15-20 years work experience with demonstrated career growth graph.
  • Experience in multiple sub sectors within the property projects will be added advantage.
  • Excellent verbal and written English communication skills with demonstrated negotiation and influencing skills and the capability to relate and communicate with people from a variety of diverse backgrounds at all levels of the industry.
  • Good knowledge of construction industry technical matters such as different procurement routes value management and value engineering.
  • People management experience particularly in the context of managing a cost management team delivering a project.

#LI-HT1 


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  our social media conversations for more information about Turner & Townsend and our exciting future projects: 

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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 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. 


Remote Work :

Yes


Employment Type :

Full-time

Employment Type

Remote

Company Industry

Department / Functional Area

Real Estate

Key Skills

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  • Wealth Management
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  • Microsoft Word
  • Banking
  • Cash Management
  • Data Management
  • Microsoft Powerpoint
  • Securities Law
  • Microsoft Excel
  • Internet Of Things

About Company

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