Cost Manager – Real Estate

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

Overview

In this role you will drive cost management for real estate and infrastructure projects, partnering with clients and consultants to deliver accurate cost plans, tendering outcomes, and post-contract valuations. You will lead a cost management team, improve procedures, and feed learnings into the internal database to support value-driven decisions. The work spans feasibility through final accounts, with a focus on high-quality client service and proactive opportunities for business growth. This is a chance to shape cost strategies across diverse projects in a leading consultancy.

Pay / Benefits

  • healthy, productive and flexible working environment
  • work-life balance
  • equal opportunity employer
  • inclusive environment
  • opportunities for career development
  • team collaboration across sectors

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

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Posted: September 30th, 2026