Turner & Townsend
Senior Cost Manager - High End Residential
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Senior Cost Manager – Developer Team (London)
Location: London
Company: Turner & Townsend
Company Description
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 transform challenges into opportunities through partnership, delivering the world’s most impactful projects. Our capabilities span:
- Programme and project management
- Cost, asset and commercial management
- Controls and performance
- Procurement and supply chain
- Net zero and digital solutions
Led by CBRE Group, Inc. – the world’s largest commercial real estate firm – Turner & Townsend offers premier programme, project and cost management globally.
The Role
We are seeking a Senior Cost Manager to join our London-based Developer Team, focusing on high-end residential projects. You’ll work on a diverse portfolio including:
- Refurbishment of listed buildings
- Social housing developments
- Office fit-out projects
We support public sector clients and empower professionals with opportunities to grow in one of real estate’s fastest-evolving sectors.
Key Responsibilities
Cost & Financial Management
- Assist with feasibility studies and procurement reports
- Estimate and compile cost plans, presenting finalised versions
- Execute tender management, including pre-qualification, tender lists and preliminaries reports
- Analyse and manage tender outcomes, preliminaries, and final valuations
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Post-Contract Cost Control
- Track cost variances and implement change control processes
- Conduct and review apportionments and valuations for accuracy
- Generate and present monthly post-contract cost reports
- Collaborate on value engineering assessments
Bid & Commercial Negotiations
- Negotiate final accounts with contractors, consultants, and clients
- Assist in compiling bid documentation and tender submissions
Client & Cross-Disciplinary Coordination
- Serve as the bridge between the cost team, clients, and consultants across all project stages
- Lead cost management teams, ensuring transparent accountability
Leadership & Knowledge Sharing
- Identify growth opportunities with existing clients
- Improve standards, templates, and reporting tools
- Document key learning points into the internal database
- Monitor commission efficiency and quality
Policy Adherence
- Ensure compliance with the UP-K
Requirements
Technical Skills
- MRICS qualification
- Minimum BA/BSc Hons (or equivalent) in Quantity Surveying/Construction Management
- UK cost management experience, with a focus on real estate/property
- track record managing large commercial projects (e.g. mixed-use, residential, property developments)
- Proficiency in development valuations, demolition/public sector service contracts
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Experience
- Previous roles involving:
- RC1 & RC2 stages, tender negotiation, and planning approval impacts
- New-build & fit-out project environments
- Development cost reviews, connections with discipline teams
Soft Skills
- Strong saleable communication—both written and verbal
- Client-centric mindset with negotiation experience
- Passionate about performance and learning as a team
About Turner & Townsend
Our Culture
At Turner & Townsend, we: ✔ Empower people to thrive—giving all voices the opportunity to drive change ✔ Promote a balanced, flexible work environment that supports personal and professional growth ✔ Embrace diversity and inclusion, welcoming applicants from all backgrounds
Commitments
We do not charge applicants for recruitment at any stage. All recruitment partnerships require formal agreement, andethical agencies are our official providers.
⭐ Learn more: [@turnerandtownsend](social links)
Join Us
Apply for a role where your expertise matters and your impact is measurable. Part of our vision is to step beyond client expectations, creating real economy change.
For now, explore real estate career opportunities and let’s discuss how your skills can shape our future together.
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