A global consultancy business serving clients in the real estate, infrastructure and natural resources sectors.
Senior Construction Cost Manager – Benchmarking Lead
Location
United States
Posted
1 day ago
Salary
$140K - $170K / year
Seniority
Senior
Job Description
Senior Construction Cost Manager – Benchmarking Lead
Turner & Townsend
• Act as the primary client interface, delivering clear, executive-level cost reporting, variance analysis, and strategic commercial guidance. • Lead cost planning, estimating, and financial governance across the full project lifecycle, including preparing and presenting detailed cost plans, forecasts, and cash flow projections. • Oversee project cost control processes, including managing change orders, valuations, contractor applications, and final account negotiations with a defensible, auditable approach. • Review contractor and subcontractor pricing, lead commercial negotiations, and ensure accuracy and alignment of project cost data. • Participate in design development, providing commercial input into design optioneering, value engineering, and engineering prioritization based on cost impact. • Coordinate and consolidate cost information from multiple sources, including contractors, consultants, and suppliers, to support informed decision-making. • Manage post-contract cost variances, change control processes, and contingency tracking to ensure effective project delivery. • Prepare monthly cost reports, funding updates, and executive summaries for client presentation. • Lead and contribute to the development of Turner & Townsend’s internal benchmarking strategy, including compiling built cost data and establishing consistent cost baselines across programs. • Track market trends (labor, materials, and economic conditions) and apply insights to forecasting and risk mitigation. • Drive the use of digital cost management and benchmarking tools to standardize data, improve reporting, and enhance delivery efficiency. • Oversee remote delivery teams, ensuring consistent execution of best practices, governance standards, and company methodologies. • Mentor and support junior team members, fostering a collaborative, high-performance culture. • Contribute to the development and implementation of internal business management systems and delivery frameworks. • Support financial management activities, including fee tracking, resource forecasting, and margin reporting.
Job Requirements
- Bachelor’s degree in Construction Management, Quantity Surveying, Cost Engineering, or a related field
- Minimum 5–7 years of experience in cost management or quantity surveying
- Proven experience delivering cost management services on medium to large, complex construction projects
- Demonstrated ability to develop cost models, analyze project data, and contribute to benchmarking or cost intelligence initiatives
- Experience leading or coordinating remote or distributed project teams is preferred
- Strong knowledge of construction industry practices, including procurement routes, value engineering, and commercial management
- Proficiency with digital cost management tools (e.g., CostX or similar platforms)
- RICS accreditation (or working toward it) or equivalent professional certification is preferred
- Excellent communication, stakeholder management, and leadership skills.
Benefits
- Bonus eligibility
- Comprehensive benefits package
- Flexible working environment
- Opportunity for professional development
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