Job Description

Company Description

At Turner & Townsend we\'re passionate about making the difference. That means delivering better outcomes for our clients, helping our people to realize their potential, and doing our part to create a prosperous society.

Every day we help our major global clients deliver ambitious and highly technical projects, in over 110 offices worldwide.



Description of the role

The PMO Global Head of Cost Management will drive significant value for the client by leading the PMO Commercial Managers. They will ensure that the client delivers maximum value for money by driving the high performance of the supplier\'s panel of Quantity Surveyors. They will be responsible for continuously driving value engineering, whilst also ensuring that programme is reporting accurate cost information to the finance team. They will oversee the consolidation of internal project cost data from incumbent core PM teams and Project Delivery Partners (PDP\'s), providing external benchmarking data for the purposes of validation of estimates, determining best value, driving cost efficiencies and influencing/informing Bank\'s decisions

Estimating

• Oversee the development of the Strategy and Feasibility stage estimating function through the creation of cost models and estimates
• Oversee creation of an embodied carbon calculator to append to cost models and estimates
• Expand the use of CostX tools and prepare to integrate BIM capabilities to enable future potential
• Work with Finance to integrate Finance and Cost tools to generate interactive business cases that can be used and adapted during the life of a project as change occurs

Finance Management

• Lead the creation of a new financial management team responsible for onboarding suppliers, raising purchase orders and facilitating invoices on behalf of the wider programme
• Work with external Quantity Surveyors to clarify monthly accruals for booking with finance
• Work with Finance team to simplify and centralise the accruals booking process
• Work with Finance team to develop a list of all purchase orders, invoices, accruals and technology costs for every project globally

Commercial Management and Procurement

• Accountable for the quality assurance of all cost plans for project business cases globally
• Ensure monthly interrogation and audit and validation of project cost information including; cost plans, pre-tender estimates, tender packs, tender evaluations, project cashflows, variations and final accounts
• Oversee the creation of standard cost documents to ensure consistency in cost reporting
• Ensure all projects are properly final accounted, assets are capitalized and outturn cost data is retained for benchmarking and cost modelling purposes
• Ensure full adherence to the client\'s procurement processes

Cost Intelligence

• Build close collaborative relationships with the client\'s global Project Management and Quantity Surveying organisations; including the client\'s Intelligent Solutions Council
• Lead the development of the client\'s global schedule of rates database for commercial office and retail programmes; leveraging:
• Term contractor rates
• Panel supplier rates (e.g. FF&E and Consultants)
• Market rates sources from T&T\'s wealth of cost information and/or suppliers in market
• Oversee the quarterly update of the benchmarking tool
• Deliver a quarterly benchmarking report of the client\'s global programme with cost insights for key markets

Supply Chain

• Collaborate with global Project Management and Quantity Surveying teams to deliver global volume forecasts, securing significant cost saving opportunities for the client
• Collation of cost plans to determine global volumes for supply chain deals
• Standardise the tender process through the creation of standard tender packs and checklists including client specific Employers Requirements (once)
• Work closely with the clients Design Lead to identify value engineering opportunities in specifications and standards and review on a bi-annual basis
• Capture all PMO related value engineering activities in a Value Creation log on a quarterly basis
• Oversee the improvement and extension of the performance management framework for external project delivery partners and the wider supply chain
• Responsible for operating the performance management framework for Major projects (

$1M USD) * Overseeing the Framework Manager, ensure that supplier panel Bi-Annual Review meetings are conducted with Regional PMOs and key Global and Regional Heads

Cost & Assurance Database

• Own the PMO Cost & Assurance Database ensuring it is updated in line with PMO Drumbeat processes
• Consolidate all critical feedback regarding panel suppliers; especially in relation to Data Leakage Protection, or escalations to Non-Financial Risk Committee issues
• Ensure full alignment to 1st Line and 2nd Line Operational Risk and ensuring the PMO and panel suppliers adhere to latest changes
• Coordinate the tracking of supplier KPIs including but not limited to customer journey and close out performance scorecard results
• Own and update the PMO KPI Dashboard on a quarterly basis for quarterly business reviews with client

Assurance

• Understand all finance institutional standards and policies; updating the PMO Governance & Assurance framework. Drive efficiency and improvement of process, standards and delivery methods
• Propose any improvements to existing standard operating processes to improve integration between property specialisms (e.g. Asset Management and Project Management).
• Ensure independent assurance by conducting audits of Three Lines of Assurance (1st line Monthly, 2nd line Control Reviews and 3rd line Phase Gate review)
• Ensure Regional teams PMOs conduct sample test assurance activities and performance scores carried out by Core Team assurance

Reporting

• Publish a Quarterly Assurance Findings report of overarching findings identifying thematic issues and areas for improvement
• Collaborate with the incumbent supply partner and the client\'s operational risk team (OR) on thematic findings from assurance activities and subsequent improvement plans
• Collaborate with the ISC on improvements to project management reporting to be more meaningful and relevant to our key stakeholders and customers

Qualifications

• Between 10 to 15 years\' experience in working within the construction / real estate industry.
• Experience in dealing with global clients with strict governance and compliance procedures.
• Corporate occupier experience particularly with financial institutions is highly advantageous.
• Degree qualifications in quantity surveying, project/construction management, engineering disciplines or equivalent.
• Experience working in a procurement and contract management
• Experience working with construction forms of contracts (e.g. FIDIC, NEC, local construction contracts, etc)
• Comfortable in managing large amounts of procurement, contracts and financial data.

#LI-MJ1

Additional Information

Our inspired people share our vision and mission. We provide a great place to work, where each person has the opportunity and voice to affect change.

We want our people to succeed both in work and life. To support this we promote a healthy, productive and flexible working environment that respects work-life balance.

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.

Please find out more about us at

#LI-MJ1

Join our social media conversations for more information about Turner & Townsend and our exciting future projects:

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.

Turner & Townsend