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Associate Director, Cost Management- Commercial Real Estate

Turner & Townsend
New York, NY Full Time
POSTED ON 1/26/2025
AVAILABLE BEFORE 2/26/2025

Company Description

 

From the inception of a project through to completion and beyond, Turner & Townsend help to deliver the outcomes that matter through transformational programs covering the full spectrum of consultancy, project delivery and post-project operations.

With offices located globally, you're never far away from our services. Working from 133 offices in 49 countries, we make the difference to projects across the real estate, infrastructure and natural resources sectors worldwide.

Our team is dynamic, innovative and client-focused, supported by an inclusive and fun company culture. Our clients value our proactive approach, depth of expertise, integrity and the quality we deliver. As a result, our people get to enjoy working on some of the most exciting projects in the world.

Job Description

 

Who are you?

You are an Associate Director level construction professional with a minimum of 7 years post-graduate experience working in a cost and/or commercial management role on commercial real estate and TI related fit-out projects. 

Job Objectives:

  • Advising client on strategies, managing prequalification of vendors, assessing proposals, bids, and bid leveling documents, making final recommendations to the client, attending & chairing bid interviews, and managing appointment process.
  • Manage estimating services for full project by developing project estimates (relating to construction, fees, direct work and other costs), reviewing estimations prepared by junior team members, presenting estimates to client, presenting value engineering recommendations and risk assessments to client, meeting with vendors to review, validate, and challenge costs, and reviewing estimates by utilizing benchmark data collected from other projects.
  • Manage cost reporting by establishing reporting schedule, reviewing & presenting cost reports and forecasts, reviewing project budget & spend forecast with the client, developing & maintaining commercial risk register, and hosting periodic meetings with project team & vendors. 
  • Manage 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 & making recommendations to client, and using dispute prevention/management/resolution procedures to manage payment requisitions, change orders, and contractual disputes.
  • Manage & monitor invoicing process.
  • Benchmark performance against other successful commissions.
  • Hold post-contract reviews with the client to establish a lessons learned document and apply lessons to create training manual.
  • Develop procedures governing handover of project.
  • Perform all of the duties above through the use/preparation of Bid Analysis Sheets, Change Control Forms, Cost Estimating Software, and Takeoff Software.

Qualifications

 

  • 7-15 years of post-graduate experience working in a cost management role on commercial real estate or related Tenant Improvement and/or Fit-out construction projects.
  • US construction experience is preferred. 
  • Ideally a college degree in Quantity Surveying, Engineering, Construction Management with a technical Focus or related technical field.
  • Solid technical experience in all cost management areas.
  • A strong and clear communicator, both orally and in written form.
  • Proficient with cost management software including CostX or other related cost related software.
  • Strong analytical skills and advanced proficiency using spreadsheets.
  • Working knowledge of Microsoft Office and SharePoint.
  • Client facing, confident individual who demonstrates excellent presentation, verbal, written, and communication skills.
  • Passion and enthusiasm for construction and numbers!
  • Someone who loves a challenge and solving construction related problems.

Additional Information

 

The salary range for this full-time role is $155K-$185K per year. Ranges are determined by role and level and represent a good faith effort to provide a fair and equitable salary. This range is a reflection of base salary only, not of a total compensation package.  Please note Turner & Townsend reserves the right to pay more or less than the posted range, depending on candidate’s experience and qualifications.

*On-site presence and requirements may change depending on our client's needs*

Our inspired people share our vision and mission. We provide a great place to work, where each person has the opportunity and voice to affect change.

We want our people to succeed both in work and life. To support this we promote a healthy, productive and flexible working environment that respects work-life balance. 

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.

Please find out more about us at www.turnerandtownsend.com/ and https://www.heery.com/

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

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It is strictly against Turner & Townsend policy for candidates to pay any fee in relation to our recruitment process. No recruitment agency working with Turner & Townsend will ask candidates to pay a fee at any time. 

Any unsolicited resumes/CVs submitted through our website or to Turner & Townsend personal e-mail accounts, are considered property of Turner & Townsend and are not subject to payment of agency fees. In order to be an authorised Recruitment Agency/Search Firm for Turner & Townsend, there must be a formal written agreement in place and the agency must be invited, by the Recruitment Team, to submit candidates for review. 

Salary : $155,000 - $185,000

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