Cost Manager – Real Estate

Company: Turner & Townsend
Apply for the Cost Manager – Real Estate
Location: Cambridge
Job Description:

Overview

In this role you will lead cost management activities for diverse projects across hotels, residential schemes, and commercial offices. You will work within a consulting team to deliver cost plans, tendering, value engineering, and post-contract reporting, aligning with clients and consultants. The position offers exposure to large-scale builds and a path to MRICS, with opportunities to improve processes and contribute to a data-led cost management practice. You will report on financial performance and support business development with existing clients.

Pay / Benefits

  • flexible working environment
  • healthy work-life balance
  • inclusive environment
  • equal opportunity employer
  • opportunities for career progression
  • collaborative culture

Responsibilities

  • Assist with feasibility studies and procurement reports
  • Estimate and plan costs, present the final cost plan
  • Manage tendering, pre-qualification, tender list, preliminaries, analysis, and reports
  • Handle post-contract cost variances and change control
  • Conduct cost checks and valuations, ensuring accuracy
  • Produce and present monthly post-contract cost reports
  • Input into value engineering
  • Negotiate and agree on final accounts
  • Interface with clients and consultants at all project stages
  • Lead cost management team, ensuring accountability
  • Identify new business opportunities with existing clients
  • Assist in producing bid documentation
  • Improve cost management procedures, templates, and products
  • Ensure key information and learnings are input into the internal database
  • Track financial management using FMS
  • Identify and refer ideas for process improvement
  • Assess commission management quality and efficiency

Key requirements

  • Degree qualified in Quantity Surveying
  • MRICS qualified or working towards
  • UK Cost Management experience within the Real Estate/Property sector
  • Experience working on larger projects
  • Experience working on new build and fit-out projects
  • Excellent communication skills and client facing
  • Excellent communication skills
  • Client-facing
  • Leadership and accountability
  • Cost management
  • Cost planning and estimation
  • Tendering and procurement

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Posted: September 27th, 2026