Cost Manager - Commercial Real Estate Construction

• Full-time

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.

Turner & Townsend is seeking a Cost Manage
r to join our Commercial Real Estate team in California, supporting the successful delivery of a diverse portfolio of construction projects. In this role, you will provide cost management services throughout the project lifecycle, helping clients achieve successful project outcomes through effective cost planning, commercial oversight, risk management, and financial control.

The ideal candidate will be proactive, client-focused, and driven to deliver excellence while promoting Turner & Townsend's purpose, values, and collaborative culture. Strong communication, analytical, and stakeholder management skills are essential, along with the ability to manage multiple priorities and work effectively within multidisciplinary project teams.

Responsibilities:

• Advising client on strategies, managing prequalification of vendors, assessing proposals, bids, and bidlevellingdocuments, making final recommendations tothe client, attending & chairing bid interviews, and managing appointment process.
• Manage estimating services for full project by developing project estimates (relating to construction, fees, direct work and other costs), reviewing estimations prepared by junior team members, presenting estimates to client, presenting value engineering recommendations and risk assessments to client, meeting with vendors to review, validate, and challenge costs, and reviewing estimates by utilizing benchmark data collected from other projects.
• Manage cost reporting byestablishingreporting schedule, reviewing & presenting costreportsand forecasts, reviewing project budget & spend forecast withthe client, developing &maintaining commercial risk register, and hosting periodic meetings with project team & vendors.
• Manage cost control process by reviewing payment application assessments prepared by junior team members, liaising with project managers to recommend contractor entitlements, reviewing requests for change orders from vendors & making recommendations toclient, and using dispute prevention/management/resolution procedures to manage payment requisitions, change orders, and contractual disputes.
• Manage &monitor invoicing process.
• Benchmark performance against other successful commissions.
• Manage allfacetsof the final accounting process and post contract audits and account close outs.
• Hold post-contract reviews with the client toestablisha lesson learned document and apply lessons to create training manual.
• Develop procedures governing handover ofproject.
• Perform all the duties above through the use/preparation of Bid Analysis Sheets, Change Control Forms, Cost Estimating Software, and Take-off Software.
• SOX control responsibilities may be part of this role, which are to be adhered to where applicable.

Additional Program Requirements:

• Develop and maintain parametric and hybrid cost models to enable rapid estimating, benchmarking, and scenario analysis.
• Prepare detailed cost estimates and budgets across workplace construction projects, including new builds, remodels, and tenant improvements.
• Lead cost planning efforts, including bid review, procurement strategy, and cost analysis reporting.
• Monitor project costs, manage financial risks, and maintain budget adherence throughout the project lifecycle.
• Leverage historical data, market intelligence, and industry trends to enhance accuracy and scalability of cost outputs.
• Align cost plans with project schedules to manage cash flow, accruals, and forecasting.
• Ensure compliance with client financial policies,…