Cost Management Lead

Job title: Cost Management Lead

Company: Turner & Townsend


Job description: Company DescriptionTurner & 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.
Please visit our website:Job DescriptionTurner & Townsend Contract Services team is highly experienced in providing authoritative advice and professional expertise in the fields of Intelligent Procurement, Project Advisory and Dispute Resolution to a market leading client base. We are dedicated to making the difference to all our clients engaged in the delivery of major capital projects and programmes in Ireland and globally.Due to increased workload and securing of new clients, Turner & Townsend has a new opportunity for a Cost Management Lead who will lead the costing team within the PMO function of a large scale rail project.The role holder will oversee:

• The implementation of processes, procedures and systems to be used in the planning, estimating, budgeting, funding, managing, and controlling of costs so that the project can be completed within the approved budget.
• Support the development and definition of the contingency management processes and procedures.
• Define and manage the funding and cashflow requirements and effectively report this to the client monthly, to ensure contractual compliance.
• Develop and draft the cost management requirements for procurement and contract documents for the Core Contracts ensuring the alignment of these across full suite of documents.
• Ensure that all cost and management requirements are communicated to the M100 and M300 Contractors to ensure alignment with the project controls framework, including any engineering designer, other consultant and survey and investigation contracts.
• Lead the cost management support team and closely support functions such as accounts payable etc.
• Support during the tender evaluation phase of the procurement process, supporting with tender clarifications and evaluation of tender submissions in relation to cost.
• Planning, estimating, budgeting, financing, funding, managing, and controlling costs so that the project can be completed within the approved budget.
• During the procurement and delivery manage the project budget as set out in the Preliminary Business Case through to delivery, centrally managing costs for the entire scheme including coordinating costs from other elements of the client’s organisation e.g., Land and Property.
• Monitor and assure compliance with the projects Directorate’s cost control standards across all Core Contracts notifying the PMO Lead and/or Programme Director and Project Manager of any non-conformance issues.
• Oversee the Project Delivery Partner, who as NEC 4 Project Manager shall execute cost management across the M400 contracts under their remit, including undertaking audits of their cost management activities.
• Undertake the cost management for the M500 Contractor.
• Undertake all necessary cost reporting required by the client, with active management of the budget to ensure accuracy and timely reporting, auditing the delivery of cost management at scheme level to ensure compliance.
• Oversee the handover of all cost management systems and processes and information to the client.
• Collaborate with the wider PMO, Directorate and Project Delivery Partner and contractor(s) leading costing forums to ensure accuracy of all costing and estimating, validating that it is representative of project costs and ensuring that there is a focus on cost management.
• Identify and report costing and estimating risks and issues that should be escalated to the Project Board, and to other governance bodies.
• Ensure that the thorough documentation of costing and estimating processes is in place and is maintained throughout the delivery.

Qualifications

• 15+ years’ experience in cost management with at least 5+ years’ experience within rail projects or projects of a similar scale and complexity.

Further experience / understanding of the following is required:

• Designing and implementing the costing frameworks within a PMO function.
• Delivering costing management in major projects environments to enable achievement of project goals and objectives.
• Knowledge of cost management principles, methods, techniques and tools, including the standard method of measurement.
• Cost analysis, cost modelling and benchmarking processes and techniques.
• Costing systems and toolkits.
• Facilitating collaboration with project stakeholder to ensure consistency and transparency in approach and data.
• Project controls design.
• Delivering continuous improvement programs.
• Information management and reporting.
• Working in a comparable consultancy environment, or with a client or contractor organisation.
• Development of standard operating procedures.

SkillsAdditionally, the Cost Management Lead will be required to possess the following skills:

• Good influencing skills to manage and motivate and develop teams in support of delivery of high risk, value and complex project and programmes.
• Ability to coordinate and organise multiple sources of reporting inputs / performance data and deliver project reports as required.
• Strong understanding of data and analytical skills.
• An ability to work effectively in a team environment.
• Ability and confidence to co-ordinate and communicate important information across the team.
• Well-developed interpersonal and communication skills.
• Ability to develop long term relationships with all team members, and effectively balance people and processes.
• An ability to foster a committed, strategic, innovative and inclusive culture.
• Ability to work in a collaborative manner that is positive, open, transparent and is a clear and effective communicator.

Additional InformationWhat we offer you:

• Competitive remuneration and attractive range of benefits
• Pension
• 27 days Annual leave
• Opportunity to work on impactful and innovative projects
• Career development opportunities both in Ireland and globally
• Opportunity to work with a diverse group of talented and collaborative colleagues

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#LI-SF1SOX control responsibilities may be part of this role, which are to be adhered to where applicable.Join our social media conversations for more information about Turner & Townsend and our exciting future projects:It is strictly against Turner & Townsend policy for candidates to pay any fee in relation to our recruitment process. No recruitment agency working with Turner & Townsend will ask candidates to pay a fee at any time.Any unsolicited resumes/CVs submitted through our website or to Turner & Townsend personal e-mail accounts, are considered property of Turner & Townsend and are not subject to payment of agency fees. In order to be an authorised Recruitment Agency/Search Firm for Turner & Townsend, there must be a formal written agreement in place and the agency must be invited, by the Recruitment Team, to submit candidates for review.Join our social media conversations for more information about Turner & Townsend and our exciting future projects:It is strictly against Turner & Townsend policy for candidates to pay any fee in relation to our recruitment process. No recruitment agency working with Turner & Townsend will ask candidates to pay a fee at any time.Any unsolicited resumes/CVs submitted through our website or to Turner & Townsend personal e-mail accounts, are considered property of Turner & Townsend and are not subject to payment of agency fees. In order to be an authorised Recruitment Agency/Search Firm for Turner & Townsend, there must be a formal written agreement in place and the agency must be invited, by the Recruitment Team, to submit candidates for review.

Expected salary:

Location: Dublin

Job date: Sat, 15 Feb 2025 23:15:39 GMT

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