Turner & Townsend
Cost Manager / Senior Cost Manager (MEP) - Real Estate
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Intermediate MEP Cost Manager – London
About Turner & Townsend
Turner & Townsend is a global professional services company with over 22,000 people across more than 60 countries. Specialising in real estate, infrastructure, energy, and natural resources, we deliver transformative outcomes that enhance people’s lives.
Majority-owned by CBRE Group, Inc.—the world’s largest commercial real estate services firm—Turner & Townsend collaborates with CBRE to offer premier programme, project, and cost management solutions worldwide.
Visit www.turnerandtownsend.com for more details.
Job Overview
An exciting opportunity awaits for an Intermediate MEP (Mechanical, Electrical, Plumbing) Cost Manager to join our London-based Real Estate team. You’ll support a longstanding, high-profile client in the telecommunications and technology sector, managing their extensive national estate.
Key Responsibilities
- Lead on MEP deliverables in larger projects or manage standalone MEP commission works, such as asset upgrades.
- Develop early budgets, provide initial estimating, and create cost plans.
- Monitor design teams against budget targets, oversee tendering (single and two-stage) and procurement, and deliver post-contract reporting.
- Mentor Assistant Cost Managers and Cost Managers within the MEP team.
- Build and maintain strong relationships with contractors and MEP supply chains.
- Support the development of MEP digital systems and tools, and promote best practices industry-wide.
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Qualifications & Experience
Essential:
- Proven success in high-quality cost management/quantity surveying across the full project lifecycle.
- Professionally qualified (or working towards qualification) in RICS or equivalent.
- Degree/HNC in a relevant discipline (or equivalent experience).
- Ability to level and negotiate initial tender returns, with clear recommendations.
- Experience managing change control processes—including cost negotiations.
- Reviewing payment applications and preparing recommendations.
- Conducting final account reconciliations.
- Evaluating and validating cost build-ups and rate analysis.
- Basic proficiency in Cost X for cost estimating.
- Proactive engagement with contractors and clients as needed.
Additional Assets:
- Use of benchmarking data to inform cost decision-making.
- Ownership of updating and tracking the Client Workbook (tracking change orders).
- Willingness to embrace detailed, process-driven tasks to support the client’s objectives.
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SOX Responsibilities
Part of this role may include SOX (Sarbanes-Oxley) compliance tasks, requiring adherence to relevant internal controls.
Benefits & Culture
Why Work Here?
- Shared mission with inspiring colleagues dedicated to making a lasting impact.
- Flexible, supportive work environment with a strong emphasis on work-life balance.
- Opportunities to voice ideas, drive change, and contribute to meaningful projects.
Commitment to Diversity
Turner & Townsend is an equal opportunity employer, fostering an inclusive culture. We actively encourage applications from all backgrounds to reflect the diversity of our clients.
Application Notes
- Visit www.turnerandtownsend.com for company updates.
- Follow us on Twitter, Instagram, or LinkedIn.
Recruitment Policy
- No fees are ever requested from candidates under any circumstances.
- Unprompted applications received via email or the website become Turner & Townsend-specific property and do not incur agency fees.
- Only formally approved agencies (via a written agreement) may submit candidates on behalf of Turner & Townsend, with explicit consent from the Recruitment Team.
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