Senior Cost Manager – Healthcare Construction

About the role

Turner & Townsend are seeking an experienced Senior Cost Manager to join our team and lead cost management on facility expansion projects for a key healthcare client.

Responsibilities

• Lead the preparation of detailed cost estimates during the pre-construction phase, ensuring alignment with project scope and client requirements.
• Develop and maintain accurate project budgets, ensuring financial control throughout the project lifecycle.
• Advise clients on cost-effective solutions while maintaining quality and compliance with healthcare regulations.
• Oversee the procurement process, including preparing tender documents, evaluating contractor bids, and advising on the selection of suppliers and subcontractors.
• Ensure that contracts are aligned with project specifications, timelines, and budgets.
• Monitor and track costs during the construction phase, ensuring that spending stays within the approved budget.
• Regularly report to clients, project teams, and senior management on cost status, potential risks, and areas of concern.
• Identify and resolve cost-related issues, proactively managing any cost overruns or delays.
• Provide input on value engineering opportunities to ensure optimal use of resources while maintaining project quality.
• Assist in the identification and mitigation of financial and contractual risks throughout the project lifecycle.
• Build and maintain strong relationships with key clients, contractors, and consultants.
• Provide expert advice to clients on cost-related matters, ensuring clear and transparent communication throughout the project.
• Ensure that all cost management processes comply with industry standards, client requirements, and regulatory guidelines specific to healthcare construction.
• Maintain accurate records of cost estimates, change orders, variations, and payments in line with company procedures.
• Lead and mentor junior cost managers, quantity surveyors, and support staff, providing guidance and support as needed.
• Contribute to the development and implementation of best practices within the cost management team.

Qualifications

• Degree in Construction Management, Quantity Surveying, Engineering or a related field.
• A minimum of 6 years experience in cost management or quantity surveying within the construction industry, particularly in healthcare or large-scale complex projects.
• In-depth knowledge of healthcare construction, including specific regulations, safety standards, and operational requirements in healthcare facility expansion and renovation projects.
• Expertise managing complex capital projects and programs for healthcare clients, including hospital construction, renovations, and expansions, as well as experience with acute medical centers, trauma centers, ambulatory care centers, and emergency departments.
• Proven experience in managing the cost planning, procurement, and financial control of large construction projects, ideally in healthcare or similar highly regulated sectors.
• Proficiency in cost management software such as CostX, Procore, or similar platforms.
• Strong financial and analytical skills, with the ability to produce accurate and detailed cost reports, forecasts, and budgets.
• Excellent communication skills and the ability to build strong relationships with clients, contractors, and project teams.
• Ability to work under pressure and manage competing priorities while maintaining high standards of accuracy and detail.
• Experience coordinating cost management across multiple stakeholders in large, complex healthcare projects.
• Ability to drive cost-saving initiatives without compromising on safety, quality, or project timelines.