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About the Role

Turner & Townsend is seeking a Cost Manager 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

Advise clients on strategies, manage vendor prequalification, assess proposals, bids, and bid leveling documents, make final recommendations to the client, attend and chair bid interviews, and manage the appointment process.
Manage estimating services by developing project estimates, reviewing estimations prepared by junior team members, presenting estimates to clients, presenting value engineering recommendations and risk assessments to clients, meeting with vendors to review, validate, and challenge costs, and reviewing estimates using benchmark data.
Manage cost reporting by establishing reporting schedules, reviewing and presenting cost reports and forecasts, reviewing project budgets and spend forecasts with the client, developing and maintaining a commercial risk register, and hosting periodic meetings with project teams and vendors.
Manage the 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 and making recommendations to the client, and using dispute prevention/management/resolution procedures.
Manage and monitor the invoicing process.
Benchmark performance against other successful commissions.
Manage all facets of the final accounting process, post-contract audits, and account close-outs.
Hold post-contract reviews with the client to establish a lessons learned document and apply lessons to create a training manual.
Develop procedures governing project handover.
Perform duties through the use/preparation of Bid Analysis Sheets, Change Control Forms, Cost Estimating Software, and Take-off Software.
Adhere to SOX control responsibilities where applicable.
Develop and maintain parametric and hybrid cost models for 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, contract requirements, and SOX controls.
Maintain financial documentation, manage change orders, and provide clear reporting on cost status and risks.
Support the development of AI-enabled cost modeling tools, including automated estimating and scenario analysis.
Contribute to scalable cost intelligence platforms integrating design, asset, and market data.
Identify and implement process improvements that enhance efficiency, standardization, and data-driven delivery.
Collaborate with technical teams to translate cost management workflows into digital solutions.
Partner with clients and project teams to align scope, cost, and delivery strategy.
Provide value engineering and data-driven recommendations to support decision-making.
Communicate complex cost and risk insights to senior stakeholders with clarity and influence.
Contribute to enterprise cost strategies, capital planning, and long-range forecasting.
Mentor team members and drive continuous improvement.

Requirements

Bachelor’s degree in construction management, cost management, quantity surveying, engineering or field related to construction.
Minimum 3-5 years of relevant experience working in a cost management role in the construction industry.
Experience supporting cost management on medium or large sized construction projects.
Good knowledge of construction industry technical matters, such as different procurement routes, value management, and value engineering.
Strong communication skills.

Skills

Cost management
Commercial oversight
Risk management
Financial control
Client-focused
Communication
Analytical
Stakeholder management
Estimating
Cost reporting
Cost control
Invoicing
Benchmarking
Final accounting
Post-contract audits
Account close-outs
Value engineering
Data-driven recommendations
AI-enabled cost modeling
Cost intelligence platforms
Process improvement
Digital solutions
Capital planning
Long-range forecasting

Location

California

Work Type

On-site presence may change depending on client needs

Experience Level

3-5 years

Education Level

Bachelor’s degree in construction management, cost management, quantity surveying, engineering or field related to construction.

Salary/Compensations

$120,000-$150,000 USD

Benefits

Bonuses
Comprehensive benefits package

About the Company

Turner & Townsend is a global professional services company with over 22,000 people in more than 60 countries.
Working with clients across real estate, infrastructure, energy and natural resources, we transform together delivering outcomes that improve people’s lives.
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.

Equal Opportunity

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.
All your information will be kept confidential according to EEO guidelines.