MEP Cost Manager/ MEP Senior Cost Manager [Bilingual (English/Korean)]

Job description

Role Overview As a Cost Manager, you are expected to manage the core functions of cost management services for construction projects, ensuring cost control and quality objectives are met. You are expected to ensure that client objectives are met through the delivery of an effective cost management service and foster a collaborative and high-performing project environment. Key Responsibilities Team Leadership & Development To take line management responsibilities and develop cost managers and team members through structured guidance, feedback, and performance reviews. Hold the highest level of professional integrity and business ethics. Foster a collaborative and high-performing team culture that supports continuous learning and professional growth. Motivate team members, and drive towards positive client outcomes and meet deadlines in a fast-paced environment. Responsible to manage the team’s resource against the business pipeline and projects Conduct interviews for vacant positions in line with the company’s recruitment process and resource requirements Critically analyze, challenge and brainstorm project requirements and deliverables, in order to find creative solutions and alternatives on behalf of clients. Client & Stakeholder Engagement Lead multidisciplinary project teams including clients, consultants, contractors, and suppliers. To act as the key, day to day client interface, ensuring that client objectives are met through the delivery of a value-added cost management service. Facilitate effective communication and collaboration across all stakeholders through structured meetings, reporting, and documentation. Build and maintain strong relationships with internal and external stakeholders to ensure alignment and successful project outcomes. Project Strategy & Planning Develop and lead cost benchmarks to support the overall project execution strategy, defining critical success factors and key performance indicators (KPIs). Critically analyze, challenge and brainstorm project requirements and deliverables, in order to find creative solutions and alternatives on behalf of clients. Establish robust cost reporting structures and control mechanisms. Project Controls & Reporting Act as Commission Manager, taking responsibility for end to end service delivery, often with respect to large or complex commissions or multiple commissions. Managing estimating and cost planning activities to include taking ownership of and presenting the final revisions of cost plans. Ensuring the production of monthly post-contract cost reports and presenting them to the client. Leading value engineering and life cycle costing exercise. Implement and maintain cost controls mechanisms incorporated into projects’ schedule, cost, risk, and change management. Financial and Risk Management Monitor project budgets and financial performance in collaboration with cost management team. Analyze cost drivers, manage variations, and report financial progress against budget. Lead commercial negotiations and contract administration on projects alongside the cost management team Responsible for managing internal risk management procedures and systems, including client care processes and the contract database. Manage invoicing processes using D-365, including: Reviewing and validating invoice data for accuracy and completeness. Coordinating with finance teams to ensure timely submission and approval. Tracking invoice status and resolving discrepancies. Ensuring compliance with client billing requirements and internal financial controls. Requirements Bachelor’s degree in Cost Management, Quantity Surveying, Construction, Engineering, or a related field; Master’s degree is a plus. Minimum 5 years’ experience in cost management or construction projects (e.g. cost manager, construction manager, procurement, project manager, vendor, consultant etc.). Strong understanding of quantity surveying, tools, and methodologies. Native-level proficiency in (local language), Business-level proficiency in English. Proficiency in Cost-X or equivalent cost estimation software. Proficient communication and interpersonal skills. Experience from MEP QS background, well versed with mechanical and electrical (M&E) work experience is preferred. KPIs Your performance KPIs will be evaluated as part of every employee’s performance review process, including the following: Achieve ≥ 85% satisfaction score from clients and internal stakeholders in post-project reviews. Achieve 100% compliance with internal governance processes and external regulatory standards (e.g., safety, environmental). Join our social media conversations for more information about Turner & Townsend and our exciting future projects: Twitter Instagram LinkedIn 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. Company Description Who is Turner & Townsend? Turner & Townsend is a global professional services company with over 22,000 people in more than 60 countries. Working with our clients across real estate, infrastructure, energy and natural resources, we transform together delivering outcomes that improve people’s lives. Working in partnership makes it possible to deliver the world’s most impactful projects and programmes as we turn challenge into opportunity and complexity into success. Our capabilities include programme, project, cost, asset and commercial management, controls and performance, procurement and supply chain, net zero and digital solutions. We are majority-owned by CBRE Group, Inc., the world’s largest commercial real estate services and investment firm, with our partners holding a significant minority interest. Turner & Townsend and CBRE work together to provide clients with the premier programme, project and cost management offering in markets around the world. Please visit our website: