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Cost Manager- Life Sciences

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Turner & Townsend
Full Time position
Listed on 2026-02-04
Job specializations:
  • Construction
    Quantity Surveyor, Operations Manager, Civil Engineering
  • Engineering
    Quantity Surveyor, Operations Manager, Civil Engineering
Salary/Wage Range or Industry Benchmark: 100000 USD Yearly USD 100000.00 YEAR
Job Description & How to Apply Below

Turner & Townsend is a global professional services company with over 22,000 people in more than 60 countries.

Working with our clients across real estate, infrastructure, energy and natural resources, we transform together delivering outcomes that improve people’s lives. Working in partnership makes it possible to deliver the world’s most impactful projects and programmes as we turn challenge into opportunity and complexity into success.

Our capabilities include programme, project, cost, asset and commercial management, controls and performance, procurement and supply chain, net zero and digital solutions.

We are majority-owned by CBRE Group, Inc., the world’s largest commercial real estate services and investment firm, with our partners holding a significant minority interest. Turner & Townsend and CBRE work together to provide clients with the premier programme, project and cost management offering in markets around the world.

Job Description

Turner & Townsend are looking for a Cost Manager/Quantity Surveyor to join our team and support construction cost management services for our clients. The ideal candidate will be driven and promote our Turner & Townsend purpose and values.

Responsibilities
  • Manage cost reporting by establishing reporting schedule, reviewing and presenting cost reports and forecasts, reviewing project budget and spend forecast with the client, developing and maintaining commercial risk register, and hosting periodic meetings with project team and vendors
  • Manage cost control process by reviewing payment application assessments, liaising with project managers to recommend contractor entitlements, reviewing requests for change orders from vendors and making recommendations to client, and using dispute prevention/management/resolution procedures to manage payment requisitions, change orders, and contractual disputes
  • Manage and monitor invoicing process
  • Benchmark performance against other successful commissions
  • Manage all facets of the final accounting process and post contract audits and account close outs
  • Hold post-contract reviews with the client to establish a lesson learned document and apply lessons to create training manual
  • Develop procedures governing handover of project
  • Perform all the duties above through the use/preparation of Bid Analysis sheets, Change Control forms, and Cost Estimating sheets
  • SOX control responsibilities may be part of this role, which are to be adhered to where applicable
Project/Program specifications
  • Project/Program specific responsibilities:
    • Operate Project Controls software by developing WBS, uploading financial data from SAP, and updating forecast based on inputs from various project stakeholders;
      Produce monthly cost report packages for multiple projects
    • Develop/manage effective Work Breakdown Structure that meets each project needs while adhering to client standards
    • Review contractor work progress submissions and invoices to ensure consistency with approved forecasts and budgets
    • Use existing Client SAP reports as a tool to gather data for cost reporting (actuals and commitments)
    • Manage/maintain Project Change Logs and provide reporting
    • Update the project cash flow in the Client portfolio management system
    • Review and participate with the design services team and construction manager, in the development of the cost estimates
  • Market sector experience:
    Experience working on large-scale Life Sciences projects or similar preferred but not required
  • Project/program size in dollar value:
    Ranging from $100k to $50M+
  • Software specific requirements:
    Experience of using project controls tools (such as Contruent/Prism or Ecosys) or PMIS highly desirable
Qualifications
  • Bachelor’s degree in construction management, cost management, quantity surveying, engineering or related field related to construction
  • Minimum 2 years of relevant experience working in a cost management role preferably in the construction industry
  • RICS or AACEi accredited or working towards is preferred, but not required
  • Experience supporting cost management on medium or large sized construction projects
  • Construction consultancy experience is strongly preferred
  • Good knowledge of construction industry technical…
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