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Cost Manager - Real Estate Construction

Cost Manager - Real Estate Construction

USA JobsPalm Beach Gardens, FL, US
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Cost Manager

Turner & Townsend is seeking a Cost Manager to join our team supporting commercial real estate and corporate interiors projects. This role is ideal for professionals with experience in tenant improvements (TI), office fit-outs, and capital projects across the real estate sector. The successful candidate will be detail-oriented, client-focused, and capable of delivering high-quality cost management services throughout the project lifecycle.

  • On-site / office presence is required Monday to Friday. Requirements may change depending on our client's needs.

Responsibilities :

  • Advise clients on procurement strategies and vendor selection.
  • Manage prequalification, bid leveling, and final recommendations.
  • Lead bid interviews and oversee the appointment process.
  • Develop and present project estimates covering construction, fees, direct work, and other costs.
  • Review and challenge vendor estimates using benchmark data and market intelligence.
  • Present value engineering options and risk assessments to clients.
  • Administer live construction contracts and manage change order procedures, including client sign-off.
  • Review contractor measured quantities and validate cost accuracy.
  • Oversee cost reporting and forecasting, including budget tracking, variance analysis, and spend projections.
  • Establish and maintain reporting schedules and commercial risk registers.
  • Review and process contractor pay applications, manage invoicing workflows, and monitor cash flow.
  • Evaluate and negotiate change orders, liaising with project managers to assess contractor entitlements.
  • Support dispute prevention and resolution related to payment requisitions and contractual issues.
  • Benchmark performance against other successful commissions.
  • Manage final account close-out, including audits, vendor settlements, and post-contract reviews.
  • Document lessons learned and contribute to internal training materials.
  • Develop procedures for project handover and close-out.
  • Utilize tools such as Bid Analysis Sheets, Change Control Forms, cost estimating software, and take-off platforms.
  • SOX control responsibilities may be part of this role, which are to be adhered to where applicable.

    • Qualifications :

  • Bachelor's degree in Construction Management, Quantity Surveying, Engineering, or a related field.
  • 3-5 years of experience in cost management, ideally within commercial real estate or corporate interiors.
  • Experience supporting cost management on medium to large-scale construction projects.
  • Strong understanding of construction contracts, procurement routes, and cost control processes.
  • Proficiency in cost estimating and take-off software.
  • Excellent communication and client-facing skills.
  • RICS accreditation or progress toward certification is valuable.
  • Experience in a consultancy environment is strongly preferred.
  • Solid knowledge of industry practices including value management and engineering.

    • Additional Information :

    The salary range for this full-time role is $105K-$130K 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

    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.

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    Manager Real Estate • Palm Beach Gardens, FL, US

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