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Senior Cost Engineer

Job in Houston, Harris County, Texas, 77246, USA
Listing for: Turner & Townsend
Full Time position
Listed on 2026-03-04
Job specializations:
  • Management
    Financial Manager
  • Engineering
    Financial Manager
Salary/Wage Range or Industry Benchmark: 100000 - 125000 USD Yearly USD 100000.00 125000.00 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.

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Job Description

The Senior Cost Manager reports directly to the Cost Management Lead and supports in all aspects of project budgeting, procurement and cost control. The role holder develops and implements robust cost control processes, manages procurement activities and ensures compliance with industry standards. The Senior Cost Manager collaborates with various project teams to ensure cohesive planning and execution, while driving continuous improvement initiatives within the cost management function.

This role is critical in ensuring the responsible use of public funds and maintain transparency in financial processes.

Principal Accountabilities
  • Develop and implement cost control processes to monitor and manage project budgets, expenditures, and forecasts.
  • Prepare, review, and manage project budgets, ensuring alignment with project objectives and financial constraints.
  • Manage the procurement process, ensuring stages including prequalification, enquiry, analysis selection and contract preparation are performed effectively.
  • Oversee the preparation and evaluation of tender documents, ensuring accuracy and compliance with project requirements.
  • Generate detailed cost reports and present findings to senior management, providing insights and recommendations for cost optimisation.
  • Work closely with the Cost Estimating Lead, Scheduling Lead, Scope and Benefits Lead, and Systems Implementation Lead to ensure cohesive project planning and execution.
  • Collaborate with project managers and stakeholders to establish cost objectives and monitor progress.
  • Identify and assess cost-related risks, developing mitigation strategies to minimise financial impact on the project.
  • Conduct cost analysis and provide recommendations for cost-saving initiatives.
  • Prepare and present cost reports, including variance analysis and cost projections.
  • Pro‑actively monitoring and managing cost variance and contract cash flow and ensuring that applications are made correctly and in a timely manner.
  • Ensure all cost management activities comply with relevant regulations, standards, and best practices.
  • Drive continuous improvement initiatives within the cost management function, leveraging industry best practices and innovative solutions.
  • Coach junior staff, including the allocation of roles and responsibilities to ensure effective cost management.
  • Perform additional tasks, activities or other duties as may be required or assigned as part of the role.
  • Ensure alignment between cost, schedule, and scope through close collaboration with planning and delivery teams.
  • Drive earned value management (EVM) processes and interpret performance metrics to inform decision‑making.
  • Lead change control assessments from a cost perspective, ensuring impacts are accurately captured and reported.
Experience
  • 7 years of experience in Construction Cost Management, PQS or Contractor/Developer experience.
  • A proven track record of conducting cost management in high value metro rail projects or projects of a similar scale / complexity.
  • Significant experience of supporting the delivery of cost management in major project environments to enable achievement of project goals and objectives.
  • Significant experience in conceptual…
Position Requirements
10+ Years work experience
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