Cost Management Director - Life Sciences, Northeast

Company: CBRE
Location: Dallas
Posted on: February 1, 2025

Job Description:

Cost Management Director - Life Sciences, Northeast

Job ID

201469

Posted

21-Jan-2025

Service line

PJM Segment

Role type

Full-time

Areas of Interest

Construction, Project Management, Quantity Surveying

Location(s)

Remote - US - Remote - US - United States of America, West Point - Pennsylvania - United States of America

About the role

As a Cost Management Director, work should be carried out autonomously, managing and setting own deadlines relative to requirements. There is a strong requirement to act as the lead on forecasting, benchmarking, contract negotiations and on the various procurement routes and negotiations of contract award. Lead the cost consultancy team. Be responsible for the global forecasting efforts for a dedicated account across multiple regions. Understand, analyze, and report variances with mitigation plan. Within this role, the cost management director should be able to run and manage a global annual portfolio of $200M USD as well as tactically managing complex projects.

What you'll do

• Act as the main client interface, deliver on client objectives and make valuable contributions to the cost management service offering.
• Provide cost intelligence and benchmark support with limited senior management input.
• Own the accuracy of global forecast for a wide portfolio of projects every month.
• Apply value management techniques at the outset of a project.
• Perform audits on global projects and drive consistency in the delivery of projects.
• Lead and manage estimating and cost planning activities to include taking ownership of and presenting the final cost plan(s).
• Manage the procurement process, ensuring that all stages including pre-qualification, inquiry, analysis, selection and contract preparation are performed effectively.
• Drive consistency on project cost variances and change control processes to manage projects effectively.
• Ensure that cost checking and valuation work is managed effectively.
• Value engineering and life cycle costing.
• Ensure that final accounts are promptly negotiated and agreed.
• Take the lead role in interfacing with the client and other consultants, at all project stages.
• Ensure commissions are managed to the right quality standards and are completed efficiently and on time.
• Lead initiatives and managing projects throughout the lifecycle, lending itself to more complex commissions.
• Where appropriate, lead a cost management team, and ensure that they deliver on all the above accountabilities.
• Actively manage and coach colleagues from entry level associates to Cost Consultant levels and positively influence the direction of growth of the up-coming talent.
  
  Marketing and business development, to include:
  
  
  • Assist in the development of new business opportunities with existing and new clients.
  • Identify and acting upon cross-selling opportunities.
  • Collaborate with Associate Directors and Directors to construct bids for new work.
  • Attending interviews with Associate Directors and Directors.
  • Identify and act upon opportunities to improve cost management procedures, templates and products and hence improve the service provided to clients.
  • Identify and participate in new initiatives that add value and improve the business.
    
    Internal management accountabilities, to include:
    
    
    • Staff management (where appropriate) - Inputting into the formal management of an Assistant Cost Manager or small cost management team, to include 1st round recruitment interviews, input into resource management and attendance at junior staff appraisals.
    • Knowledge management - Ensure that key information and learning generated from each commission is input into the internal database.
    • Process improvement - Identify and act upon ways to improve internal systems and processes.
    • Responsible for fee income generation with regional clients including cross selling within the business.
      
      "Day Job" responsibilities
      
      
      • Service delivery on commissions is in line with the conditions of appointment.
      • Develop and maintain strong relationships with clients, project managers and design team members.
      • Achieve excellent client and project feedback on the global portfolio.
      • The cost management team is effectively led (where appropriate) within the context of delivering a specific commission.
      • General line management responsibilities (where appropriate) are effectively discharged.
      • Through strong relationships on projects, seek to expand on new opportunities with existing clients, repeat business, and assist with the growth of the Cost Consultancy Business.
        
        Client Generation
        
        
        • The identification and generation of business development opportunities with clients in different regions, resulting in bid opportunities.
        • Required to seek out and assist in finding new bid proposals within the client network.
          
          What you'll need
          
          
          • Bachelor's Degree preferred with 8-12 years of relevant experience. In lieu of a degree, a combination of experience and education will be considered.
          • Ability to lead the exchange of sensitive, complicated, and difficult information, convey performance expectations, and handle problems
          • Leadership skills to set, manage and acahieve targets with a direct impact on multiple department results within a function.
          • In-depth knowledge of Microsoft Office products. Examples include Word, Excel, Outlook, etc.
          • Expert interpersonal skills and an advanced inquisitive mindset.
          • Sophisticated math skills. Ability to calculate mildly complex figures such as percentages, fractions, and other financial-related calculations.
          • Experience in the areas of staffing, selection, training, development, coaching, mentoring, measuring, appraising, and rewarding performance and retention is preferred.
          • Life Sciences, Pharmaceuticals or other regulated environment experience is highly desirable.
            
            Disclaimer:
            
            Please be advised that effective January 1, 2025, CBRE Project Management and Turner &Townsend was consolidated into a single global business entity. As a candidate applying for a position, you should be aware that while your initial employment may be with Turner & Townsend PJM US LLC, you will subsequently transfer directly to Turner & Townsend at a date to be determined.
            
            Turner & Townsend carefully considers multiple factors to determine compensation, including a candidate's education, training, and experience. The minimum salary for this position is $125,000 annually and the maximum salary for this position is $165,000 annually. The compensation that is offered to a successful candidate will depend on the candidate's skills, qualifications, and experience. Successful candidates will also be eligible for a discretionary bonus based on Turner & Townsend's applicable benefit program. This role will provide the following benefits: 401(K), Dental insurance, Health insurance, Life insurance, and Vision insurance.
            
            Equal Employment Opportunity: CBRE is an equal opportunity employer that values diversity. We have a long-standing commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law.
            
            Candidate Accommodations: CBRE values the differences of all current and prospective employees and recognizes how every employee contributes to our company's success. CBRE provides reasonable accommodations in job application procedures for individuals with disabilities. If you require assistance due to a disability in the application or recruitment process, please submit a request via email at recruitingaccommodations@cbre.com or via telephone at +1 866 225 3099 (U.S.) and +1 866 388 4346 (Canada).
            
            NOTE: Some, but not all, of our positions may have an additional requirement to comply with COVID-19 health and safety protocols, including COVID-19 vaccination proof and/or rigorous testing. If you have questions about the requirement(s) for this position, please inform your Recruiter.

Keywords: CBRE, Plano , Cost Management Director - Life Sciences, Northeast, Executive , Dallas, Texas