Senior Cost Controller
At a glance
Senior Accounting role at Turner & Townsend. Kankakee · full-time · $120,000–$150,000 base.
financeroles summary, based on the employer's posting.
What you'll do
- Track project budgets, spending, commitments and forecasts, and keep cost-control processes current
- Prepare cost updates, cash-flow projections and monthly reporting packages across several projects
- Assess bids, contractor invoices and progress claims against approved budgets and forecasts
- Use project-controls systems and SAP data to update forecasts, change logs and project cash flow
- Build spreadsheets, combine data from multiple sources and reconcile records for accurate reporting
What you bring
- At least five years in construction cost management
- A bachelor's degree in construction management, cost management, quantity surveying, engineering or a related construction field
- Experience supporting cost work on medium or large construction projects
- Knowledge of construction procurement approaches, value management and value engineering
Who this fits
This senior role suits someone with construction cost-control experience who can manage detailed project data and communicate financial updates. The position is hybrid in Kankakee, with on-site needs subject to client requirements.
From the employer
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.
As a Senior Cost Controller, you will be involved with:
- Implement, administer and maintain cost control system and procedures to track project budgets, commitments, expenditures and forecasts for projects of medium complexity and value
- Assist in the preparation and review of cost estimates
- Provide cost information to support decision and alternative selection
- Evaluate and analyze fee proposals / bids and provide recommendation for decision making
- Provide forecasts and cash flow analysis
- Maintain and manage the cost report and provide regular updates on financial position.
- Assist in the development, validation and maintenance of the project schedule.
- Assist in developing reporting tracking tools and generating cost reports on a regular basis, including evaluation of earned value.
- Build intricate spreadsheets to enable fast and accurate data manipulation of large datasets.
- Extract data from several sources, transforming it to fit operational needs.
- Reconcile data to support complete accuracy and create a clean audit trail.
- SOX control responsibilities may be part of this role, which are to be adhered to where applicable
Project/Program specific responsibilities:
- Operate Project Controls software by developing WBS, uploading financial data from SAP, and updating forecast based on inputs from various project stakeholders; Produce monthly cost report packages for multiple projects
- Develop/manage effective Work Breakdown Structure that meets each project needs while adhering to client standards.
- Review contractor work progress submissions and invoices to ensure consistency with approved forecasts and budgets
- Use existing Client SAP reports as a tool to gather data for cost reporting (actuals and commitments).
- Manage/maintain Project Change Logs and provide reporting
- Update the project cash flow in the Client portfolio management system
- Review and participate with the design services team and construction manager, in the development of the cost estimates.
- Market sector experience: Experience working on large-scale Life Sciences projects or similar preferred but not required.
- Project/program size in dollar value: Ranging from $100k to $50M+
- Software specific requirements: Experience of using project controls tools (such as Contruent/Prism or Ecosys) or PMIS highly desirable
- Certification requirements: Relevant industry certification preferred
- Bachelor’s degree in construction management, cost management, quantity surveying, engineering or field related to construction.
Minimum 5 years of relevant experience working in a cost management role in the construction industry.
Experience supporting cost management on medium or large sized construction projects.
Construction consultancy experience is strongly preferred.
Good knowledge of construction industry technical matters, such as different procurement routes, value management, and value engineering.
Strong communication skills.
*On-site presence and requirements may change depending on our client's needs*
Turner & Townsend is an Affirmative Action and Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability. Equal Employment Opportunity Posters If you’d like to view a copy of the company’s affirmative action plan, please email recruitmentUSA@turntown.com. If you are an individual with a disability and would like to request a reasonable accommodation as part of the employment selection process, please contact the Human Resources Department at 713-457-9400 or recruitmentUSA@turntown.com. This telephone line and email address is reserved solely for job seekers with disabilities requesting accessibility assistance or an accommodation in the job application process. Please do not call about the status of your job application if you do not require accessibility assistance or an accommodation. Messages left for other purposes, such as following up on an application or non-disability related technical issues, will not receive a response.
Turner & Townsend carefully considers multiple factors to determine compensation, including a candidate’s education, training, and experience. The minimum salary for the cost controller position is $120,000 annually and the maximum salary for the cost controller position is $150,000. The compensation that is offered to a successful candidate will depend on the candidate’s skills, qualifications, and experience.
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.
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.