Senior Cost Manager

at Turner & Townsend in Chicago, Illinois, United States

Job Description

Company Description

From the inception of a project through to completion and beyond, Turner & Townsend help to deliver the outcomes that matter through transformational programs covering the full spectrum of consultancy, project delivery and post-project operations.

With offices located globally, you’re never far away from our services. Working from 113 offices in 46 countries, we make the difference to projects across the real estate ( , infrastructure ( and natural resources ( sectors worldwide.

Our team is dynamic, innovative and client-focused, supported by an inclusive and fun company culture. Our clients value our proactive approach, depth of expertise, integrity and the quality we deliver. As a result, our people get to enjoy working on some of the most exciting projects in the world.

Job Description

Turner & Townsend are engaged to support our clients with many complex projects, responsible for all aspects of cost management and project delivery. We are seeking a Senior Cost Manager / Quantity Surveyor with experience working on large-scale Life Sciences construction projects, to act as the day-to-day interface with our clients and drive these projects to achieve excellent outcomes. You have a chance to be a key player in our Life Sciences future, as part of a team of innovative professionals shaping our built environment. This role is to provide cost control and estimating support services on our Life Sciences client’s facility capital construction programs project controls function. To be successful in this role you must have great communication skills and be comfortable operating in a client-facing role.

Job Description

+ Provide estimates and cost planning to include producing and presenting the final cost plan.

+ Review and participate with the design services team and construction manager, in the development of the cost estimates.

+ Communicate or meet with construction manager and owner project manager to gather status information to prepare a cost estimate update.

+ Coordinate all sources of cost information for cost discussions.

+ Manage and track contract increase cost and reason for change.

+ Manage the Workstream budget and ensure compliance with Client processes.

+ Develop understanding of the Client Work Breakdown Structure. Manage and monitor custom WBS structure within the Client Cost Report Spreadsheet.

+ Utilize the existing Client templates to maintain a project forecast (commitments, actual cash flow and forecast); interface with vendors and Client site personnel to understand invoicing schedules.

+ Use existing Client SAP reports as a tool to gather data for cost reporting (actuals and commitments).

+ Provide monthly/quarterly reports for management team, such as a monthly variance cash flow report.

+ Maintain Change Management and Maintenance of Risk Tracking Tools within the Excel Spreadsheet or alternate reporting tool.

+ Reconcile changes and assist the construction manager to ensure that their data is accurate.

+ Estimating and negotiating change orders throughout the construction lifecycle.

+ Participate effectively with post contract cost variances and the change control processes.

+ Update the project cash flow in the Client custom database – Capital Planning System (CAPS) for your Workstreams.

+ Review vendor & General Contractors invoices/pay applications as required.

+ Establish monthly project metrics and create presentations for your Workstreams.

+ Perform Monthly Risk Analysis and the integrate risks into the project forecast.

+ Support tracking of internal Client labor charges in US & outside US (OUS) locations as applicable.

+ Develop and implement work processes and procedures as required.

+ Prepare written comments to all the construction manager’s submissions.

+ Manage Cost impact / contingency management and commitment tracking logs to drive accurate monthly reporting.

+ Prepare funding data presentations.

+ Prepare monthly time phase forecasting updates and ensure accuracy of said forecasts.

+ Prepare monthly project status report for the stakeholders.


+ Developing estimates through the design phase, delivering updated cost plans at appropriate design milestones.

+ Providing commercial input to design optioneering and input into value engineering exercises.

+ Reviewing contractor and subcontractor pricing and leading negotiations on behalf of the client to drive fair contract prices.


+ Performing quantity surveying, cost controls and change management activities throughout the project lifecycle.

+ Ensuring that post-contract cost variances and change control processes are managed effectively.

+ Ensuring that cost auditing and valuation work is managed effectively.

+ Prepare monthly time phase forecasting updates.

+ Prepare monthly project status report for the stakeholders.

+ Ensuring that final accounts are negotiated and agreed in a timely manner.


+ Bachelor’s degree in construction management, cost management, quantity surveying, engineering or field related to construction. (preferably Engineering, Architecture, Construction Management or related field)

+ Minimum 8+ years’ experience working in a construction cost management role.

+ RICS accredited or working towards is valuable, but not required.

+ Experience working on large-scale Life Sciences projects or similar.

+ Experience of leading cost management on medium or large sized construction projects of medium to high complexity.

+ Good knowledge of construction industry technical matters, such as different procurement routes, value management and value engineering.

+ Direct experience working on teams within a complex matrix environment.

+ Can undertake the role of cost lead for a portfolio of 20-50 projects and manage a team of 5+ and be main client contact.

+ Experience in cost controls on largescale projects over $10million desirable

+ Experience undertaking earned value management and value of work done reconciliation.

+ Experience of using cost controls and estimating software highly desirable

+ Experience within the construction industry is a must, candidates with additional life sciences experience strongly preferred

Additional Information

**_*On-site presence and requirements may change depending on our client’s needs*_**

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

Turner & Townsend does not accept any speculative or unsolicited CV’s that have been sent to our internal recruitment team or hiring managers from agencies outside of our preferred supplier list or that have not followed due process. Any speculative or unsolicited CV’s will be treated as a direct application.

All your information will be kept confidential according to EEO guidelines.


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Job Posting: JC258033794

Posted On: Apr 08, 2024

Updated On: May 15, 2024

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