Cost Manager / Senior Cost Manager (MEP) – Real Estate

Company: Turner & Townsend
Apply for the Cost Manager / Senior Cost Manager (MEP) – Real Estate
Location: London
Job Description:

Overview

As an Intermediate MEP Cost Manager in our London Real Estate team, you will drive cost control for Mechanical, Electrical and Plumbing work on high-profile projects. You’ll establish early budgets, develop cost plans, and lead design teams toward budgets. You’ll mentor junior staff, manage tendering and post-contract reporting, and nurture strong contractor relationships. You’ll also help advance MEP digital tools and promote best practices across the MEP community. This role offers hands-on impact on major estates and tangible client outcomes.

Pay / Benefits

  • great place to work
  • healthy, productive and flexible working environment
  • work-life balance
  • inclusivity

Responsibilities

  • Lead MEP deliverables on projects or manage direct MEP commissions such as asset upgrades
  • Establish early budgets, estimate costs, and develop cost plans
  • Manage design teams to budget, oversee tendering and procurement (single and two-stage), and deliver post-contract reporting
  • Mentor Assistant Cost Managers and Cost Managers within the MEP team
  • Collaborate with contractors and MEP supply chains to maintain robust relationships
  • Support development of MEP digital systems and tools and promote best practices within the MEP community

Key requirements

  • Proven track record delivering cost management/quantity surveying across the full project lifecycle
  • Professional qualification (RICS or similar) or working towards a Degree or HNC
  • Ability to level and negotiate initial tender returns and issue recommendations
  • Experience running change control processes and cost negotiations
  • Reviewing payment applications and preparing recommendations
  • Managing final accounts reconciliations
  • Reviewing and validating cost build-ups and rate analysis
  • Capability to undertake basic counts using CostX
  • Proactive engagement with contractors and clients
  • Willingness to undertake detailed, process-driven tasks to support client objectives
  • Proactive communication and stakeholder engagement
  • Mentoring and leadership of junior staff
  • Collaborative team player with suppliers and clients
  • Cost management and quantity surveying
  • Tendering and procurement management
  • Change control and cost negotiations

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Posted: September 14th, 2026