The Cost Management Lead oversees all aspects of project budgeting and cost control. The role holder is responsible for leading a team of cost managers within the PMO function. The role holder develops and implements robust cost control processes and ensures compliance with industry standards. The Cost Management Lead collaborates with various project leads to ensure cohesive planning and execution while driving continuous improvement initiatives within the cost management function. The role also requires proven experience operating within a large complex major programme of strategic significance demonstrating the ability to navigate highvalue multistakeholder delivery environments.
Responsibilities
- Lead the implementation and management of cost control processes ensuring project budgets expenditures forecasts and cash flow are accurately monitored and maintained.
- Manage overall project budgeting and financial performance ensuring alignment with project objectives constraints and compliance with relevant regulations standards and best practices.
- Produce detailed cost reports variance analyses scenario models and financial forecasts presenting insights and recommendations to senior management for cost optimisation and informed decisionmaking.
- Collaborate closely with project managers functional leads (Cost Estimating Scheduling Scope & Benefits Systems Implementation Change Management) Finance Procurement and other stakeholders to support integrated project planning and delivery.
- Identify assess and mitigate cost-related risks providing analysis and guidance on costsaving opportunities and valueenhancing initiatives.
- Support procurement activities including prequalification tender preparation and evaluation contract analysis and contract preparation ensuring accuracy and alignment with project requirements.
- Drive continuous improvement across the cost management function by adopting industry best practices and innovative approaches.
- Perform additional duties as required to support successful project delivery.
Qualifications :
Experience
- 15 years of experience in Construction Cost / Finance Management Consultancy or Contractor / Developer experience.
- Extensive experience in conceptual project budgeting construction risk identification scheduling project planning design and cost management and controls at various project stages.
- Extensive experience operating within a PMO or PMC function on major infrastructure engineering or manufacturing programmes
- Possess a detailed knowledge of construction procedures and procurement processes.
Skills
Cost Management & Financial Acumen: Strong knowledge of budgeting cost control forecasting financial reporting variance analysis and cost data validation on large complex programmes (PMO/PMC environments). Proficient in scenario modelling and interpreting financial data for decisionmaking.
Analytical Numerical & Data Skills: Advanced analytical and criticalthinking abilities including data analysis trend identification accurate numerical calculations and the ability to assess financial and project performance.
Project & Risk Management Expertise: Solid understanding of project management principlesplanning scheduling resource allocation change management delay/impact analysisand experience identifying and mitigating cost and delivery risks.
Contractual & Commercial Knowledge: Deep understanding of contract structures (T&M fixed price milestonebased etc.) procurement processes and commercial governance with the ability to challenge suppliers and validate cost accuracy.
Communication & Stakeholder Engagement: Excellent written and verbal communication skills with the ability to clearly present data convey complex financial insights and maintain open transparent collaboration with delivery leads executives and project teams.
Leadership & Influence: Leadership capability to supervise teams and positively influence senior stakeholders delivery leads suppliers and crossfunctional colleagues.
Software & Systems Proficiency: Experience using cost management and financial project systems such as SAP Oracle Anaplan Workday or specialised construction/finance tools.
Adaptability & Working Under Pressure: Ability to work effectively during demanding financial cycles and manage workload in highpressure fastpaced environments.
Industry & Technical Knowledge: Strong understanding of design and construction principles industry guidelines and the cost/production lifecycle (aligned with quantity surveying or cost management functions).
Education / training
- Minimum Level 8 degree (or equivalent) in relevant subject area e.g. engineering project management cost and commercial/financial management etc.
- Relevant industry recognised professional qualification MRICS MSCSI Certified Management Accountant or equivalent (CMA).
- Chartered status with SCSI / RICS IEI ICE
Additional Information :
Our people share our Purpose and Values. Turner & Townsend provides a great place to work where everyone can make change happen and influence a better world.
We champion our people to succeed in both 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. We actively encourage applications from all sectors of the community.
Please find out more about us at .
#LI-WJ1
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 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 :
No
Employment Type :
Full-time
The Cost Management Lead oversees all aspects of project budgeting and cost control. The role holder is responsible for leading a team of cost managers within the PMO function. The role holder develops and implements robust cost control processes and ensures compliance with industry standards. The C...
The Cost Management Lead oversees all aspects of project budgeting and cost control. The role holder is responsible for leading a team of cost managers within the PMO function. The role holder develops and implements robust cost control processes and ensures compliance with industry standards. The Cost Management Lead collaborates with various project leads to ensure cohesive planning and execution while driving continuous improvement initiatives within the cost management function. The role also requires proven experience operating within a large complex major programme of strategic significance demonstrating the ability to navigate highvalue multistakeholder delivery environments.
Responsibilities
- Lead the implementation and management of cost control processes ensuring project budgets expenditures forecasts and cash flow are accurately monitored and maintained.
- Manage overall project budgeting and financial performance ensuring alignment with project objectives constraints and compliance with relevant regulations standards and best practices.
- Produce detailed cost reports variance analyses scenario models and financial forecasts presenting insights and recommendations to senior management for cost optimisation and informed decisionmaking.
- Collaborate closely with project managers functional leads (Cost Estimating Scheduling Scope & Benefits Systems Implementation Change Management) Finance Procurement and other stakeholders to support integrated project planning and delivery.
- Identify assess and mitigate cost-related risks providing analysis and guidance on costsaving opportunities and valueenhancing initiatives.
- Support procurement activities including prequalification tender preparation and evaluation contract analysis and contract preparation ensuring accuracy and alignment with project requirements.
- Drive continuous improvement across the cost management function by adopting industry best practices and innovative approaches.
- Perform additional duties as required to support successful project delivery.
Qualifications :
Experience
- 15 years of experience in Construction Cost / Finance Management Consultancy or Contractor / Developer experience.
- Extensive experience in conceptual project budgeting construction risk identification scheduling project planning design and cost management and controls at various project stages.
- Extensive experience operating within a PMO or PMC function on major infrastructure engineering or manufacturing programmes
- Possess a detailed knowledge of construction procedures and procurement processes.
Skills
Cost Management & Financial Acumen: Strong knowledge of budgeting cost control forecasting financial reporting variance analysis and cost data validation on large complex programmes (PMO/PMC environments). Proficient in scenario modelling and interpreting financial data for decisionmaking.
Analytical Numerical & Data Skills: Advanced analytical and criticalthinking abilities including data analysis trend identification accurate numerical calculations and the ability to assess financial and project performance.
Project & Risk Management Expertise: Solid understanding of project management principlesplanning scheduling resource allocation change management delay/impact analysisand experience identifying and mitigating cost and delivery risks.
Contractual & Commercial Knowledge: Deep understanding of contract structures (T&M fixed price milestonebased etc.) procurement processes and commercial governance with the ability to challenge suppliers and validate cost accuracy.
Communication & Stakeholder Engagement: Excellent written and verbal communication skills with the ability to clearly present data convey complex financial insights and maintain open transparent collaboration with delivery leads executives and project teams.
Leadership & Influence: Leadership capability to supervise teams and positively influence senior stakeholders delivery leads suppliers and crossfunctional colleagues.
Software & Systems Proficiency: Experience using cost management and financial project systems such as SAP Oracle Anaplan Workday or specialised construction/finance tools.
Adaptability & Working Under Pressure: Ability to work effectively during demanding financial cycles and manage workload in highpressure fastpaced environments.
Industry & Technical Knowledge: Strong understanding of design and construction principles industry guidelines and the cost/production lifecycle (aligned with quantity surveying or cost management functions).
Education / training
- Minimum Level 8 degree (or equivalent) in relevant subject area e.g. engineering project management cost and commercial/financial management etc.
- Relevant industry recognised professional qualification MRICS MSCSI Certified Management Accountant or equivalent (CMA).
- Chartered status with SCSI / RICS IEI ICE
Additional Information :
Our people share our Purpose and Values. Turner & Townsend provides a great place to work where everyone can make change happen and influence a better world.
We champion our people to succeed in both 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. We actively encourage applications from all sectors of the community.
Please find out more about us at .
#LI-WJ1
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 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 :
No
Employment Type :
Full-time
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