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Senior Cost Manager
2 months ago
Job Title: Senior Cost Manager
Job Summary:
We are seeking a highly skilled Senior Cost Manager to join our team at Turner & Townsend. As a Senior Cost Manager, you will be responsible for leading the cost management team and ensuring the successful delivery of complex projects.
Key Responsibilities:
- Cost Planning and Control: Develop detailed cost plans and budgets for MEP components at all stages of the project, from initial feasibility through to completion. Implement effective cost control measures to track actual expenditures against budget, identify variances, and recommend corrective actions as needed.
- Risk Management: Identify and assess cost risks related to MEP systems, and develop strategies to mitigate these risks. Regularly review and update risk registers, and ensure that appropriate contingencies are in place.
- Value Engineering: Lead value engineering exercises to identify cost-saving opportunities without compromising on quality or performance. Collaborate with design teams to optimize MEP designs for cost efficiency and practicality.
- Client Liaison: Act as the primary point of contact for clients on all MEP cost-related matters. Provide clear and concise updates on cost status, forecasts, and potential issues. Build strong client relationships to ensure client satisfaction and project success.
- Quality Assurance: Ensure the accuracy and reliability of all MEP cost estimates and reports. Implement quality assurance processes and conduct regular reviews to maintain high standards of cost management.
- Stakeholder Coordination: Collaborate with project managers, design teams, contractors, and other stakeholders to ensure seamless integration of MEP cost management into the overall project plan. Facilitate effective communication and coordination among all parties.
- Reporting and Documentation: Prepare and present detailed cost reports, including budget updates, cost forecasts, and variance analyses, to project stakeholders and senior management. Ensure all cost documentation is accurate, up-to-date, and accessible.
- Strategic Leadership: Lead the MEP cost management team to ensure the successful delivery of complex projects. Provide strategic direction and oversight to ensure projects are delivered on time and within budget.
- Client Engagement: Act as the primary point of contact for clients regarding MEP cost management services. Build and maintain strong client relationships to secure new business opportunities and ensure client satisfaction.
- Technical Expertise: Utilise extensive knowledge in mechanical, electrical, and plumbing systems to provide expert cost advice and innovative solutions. Ensure all MEP estimates are accurate and comprehensive, reflecting current market conditions and technological advancements.
- Business Development: Identify and pursue new business opportunities in the MEP sector. Develop proposals, presentations, and cost models to support business growth initiatives.
Requirements:
- Education: Bachelor's degree in Quantity Surveying, Mechanical/Electrical Engineering, or a related field. A relevant professional qualification (e.g., MRICS, AIQS) is highly desirable.
- Experience: Minimum of 10 years of experience in MEP cost management, with a proven track record of managing large-scale projects. Experience in a leadership role is essential.
- Skills: Proficiency in cost estimation software such as CostX, or similar. Strong understanding of first principle estimating techniques and current market rates for MEP systems.
- Personal Qualities: Excellent analytical and problem-solving skills. Ability to interpret complex design documents and translate them into accurate cost estimates. Exceptional verbal and written communication skills. Ability to present cost data clearly and concisely to clients and stakeholders. Strong leadership qualities with the ability to inspire and motivate a team. Demonstrates a proactive approach and takes initiative in driving projects forward. High attention to detail, ensuring that all cost estimates are precise and comprehensive. Meticulous in reviewing and checking work. Committed to understanding and meeting the needs of clients. Builds strong relationships and delivers excellent customer service. Maintains high ethical standards in all professional interactions. Ensures transparency and honesty in cost management practices. Capable of handling pressure and meeting tight deadlines. Demonstrates resilience in the face of challenges and remains focused on achieving objectives.