Cost Manager, Hotel Construction Projects

OverviewThis role will be responsible for managing costs, budgets, and financial planning to ensure project efficiency while maintaining high-quality standardsResponsibilitiesConducting feasibility studies and writing procurement reportsApplying Value Management techniques at the outset of a project and where appropriate involving Turner & Townsend’s specialist Value Management teamManaging estimating and cost planning activities to include taking ownership of and presenting the final cost planManaging the procurement process, implementing procurement, and contracting strategies and participate in negotiations ensuring that all stages including pre-qualification, enquiry, analysis, perform bid evaluations and cost negotiations selection and contract preparation are performed effectively and RFPs revisions and evaluationEnsuring that post-contract cost variances and change control processes are managed effectively, documenting any changes in design, and updating budgetsEnsuring that cost checking and valuation work is managed effectivelyEnsuring the production of monthly post-contract cost reports and presenting them to the clientValue engineering and life cycle costing Drive value engineering and offer cost insights to support business decisionsEnsuring that final accounts are negotiated and agreedEstablish and maintain professional relationships with external and internal stakeholders, taking a lead role in interfacing with the client and other consultants, at all project stages, and report to senior leadership on current estimated cost vs. budget, and advise managers and clients on improvements and new strategiesWhere appropriate, leading a cost management team, ensuring that they deliver on all the above accountabilitiesStaff management (where appropriate) –Inputting into the formal management of a Cost Manager or small cost management team, to include 1st round recruitment interviews, input into resource management and attendance at junior staff appraisalsKnowledge management –Ensuring that key information and lessons learned generated from each commission is input into the Turner & Townsend internal databaseFinancial management –Utilising Financial Management Systems to keep track of the ongoing margin levels and monthly fee/resource forecasts for each commissionProcess improvement –Identifying and acting upon ways to improve internal systems and processesReview construction plans and preparing quantity take-offs, along with Contract Preparation and ManagementPrepare and review detailed estimates and cost plansLiaise with site managers, clients, contractors, and subcontractorsPrepare reports, analyses, contracts, budgets, risk assessment, and other documentsDevelopment of the cost proceduresReview and approve subcontractor proposals, manage contracts, and change requestReview and approve payment applications, monitor invoicing, and ensure payments are in orderAdvise the Project Manager of any foreseen cost over expenditure and proposes corrective actionsReview monthly reports as presented by Contractor, and present to the ClientTravel from the office to various sites as required or be based on siteThe job holder is required to carry out all tasks within his/her level of skill and abilityQualificationsMinimum 6 years professional experience related to Engineering Cost ManagementBachelor’s degree in Quantity Surveying, Civil Engineering, Architecture, or any degree relevant to the position.RICS, AACE Certifications/MembershipsFluent in English and SpanishAbility to work under pressure to deliver deadlinesGood communication skills to systematically explain concepts, methodologyStrong client management, change management and teamwork skillsStrong Microsoft skills, specifically Excel & PowerPoint, CostX, Knowledge of AutoCADAdditional InformationOur 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. #J-18808-Ljbffr