Cost Manager – Water/Utilities

Company: Turner & Townsend
Apply for the Cost Manager – Water/Utilities
Location: London
Job Description:

Overview

As a Cost Manager in Turner & Townsend’s UK Infrastructure team, you help deliver projects within budget by monitoring costs, forecasting variances, and ensuring timely fund applications. You will collaborate with client and contractor teams to drive cost control, value engineering, and governance across programmes. You shape commercial outcomes by managing changes and final accounts, while mentoring teams when needed. This role offers exposure to high-profile infrastructure work and the chance to contribute to efficient, value-driven delivery at scale.

Responsibilities

  • Provide accurate cost monitoring, forecasting and reporting aligned with budget
  • Proactively manage cost variance and cash flow and ensure timely applications
  • Collaborate with client and contractor teams to deliver KPIs, cost control and value engineering
  • Manage contract changes ensuring governance and best practices
  • Improve forecast and budget accuracy; support stakeholders with commercial insights
  • Negotiate and settle final accounts; lead teams and commissions as required

Key requirements

  • Excellent communication
  • Contract management (NEC3, Option C preferred)
  • Cost management
  • Change management and control
  • Valuation
  • Risk management
  • Procurement
  • Estimating
  • Pricing
  • Reporting
  • Collaborative approach and best-for-project attitude
  • People management
  • Identifying and driving efficiencies through the project lifecycle
  • Knowledge of procurement routes, value management and value engineering
  • Ideally Degree qualified or equivalent in a relevant subject
  • Professional body membership or equivalent (preferred)
  • Excellent communication
  • Collaborative approach
  • People management
  • Contract Management (NEC3)
  • Cost Management
  • Change Management

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Posted: November 1st, 2026