Senior Cost Manager

3 weeks ago


Hyderabad, Telangana, India Turner & Townsend Full time

Job Title: Senior Cost Manager

Job Summary:

We are seeking a highly skilled Senior Cost Manager to join our team at Turner & Townsend. As a Senior Cost Manager, you will be responsible for delivering end-to-end cost management services to our clients, ensuring that their objectives are met through the delivery of a value-added cost management service.

Key Responsibilities:

  • Ensure the Financial Management System (FMS) is updated with accurate fee/cost forecasts, job open/closed, etc. to provide an accurate monthly Work-in-Progress (WIP).
  • Utilize TIC sheets to keep track of ongoing margin levels and monthly fee/resource forecasts for each commission.
  • Manage the procurement process, ensuring that all stages, including pre-qualification, enquiry, analysis, selection, and contract preparation, are performed effectively.
  • Ensure that post-contract cost variances and change control processes are managed effectively.
  • Manage estimating and cost planning activities, including taking ownership of and presenting the final cost plan.
  • Conduct feasibility studies and write procurement reports.
  • Apply Value Management techniques at the outset of a project and, where appropriate, involve Turner & Townsend's specialist Value Management team.
  • Ensure that cost checking and valuation work is managed effectively.
  • Ensure the production of monthly post-contract cost reports and present them to the client.
  • Ensure that final accounts are negotiated and agreed.
  • Take a lead role in interfacing with the client and other consultants at all project stages.
  • Where appropriate, lead a cost management team, ensuring that they deliver on all of the above accountabilities.

Requirements:

  • Relevant experience of working preferably for a construction consultancy in India/abroad.
  • Hold a graduate degree preferably in Cost Management.
  • Good technical skills.
  • A thorough understanding of the total project life cycle, from project conception stage, through all of the operational stages to completion and post-project review.
  • 10 to 15 years of work experience with demonstrated career growth graph.
  • Experience in multiple sub-sectors within the property projects will be an added advantage.

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