Turner & Townsend · 12 hours ago
Cost Manager- Life Sciences
Chicago, IL
Full-time
Hybrid
Entry, Mid Level
$100K/yr - $125K/yr
2+ years expTurner & Townsend is a global professional services company that collaborates with clients across various sectors to deliver impactful projects. They are seeking a Cost Manager/Quantity Surveyor to provide construction cost management services, focusing on managing cost reporting, cost control processes, and final accounting for projects in the Life Sciences sector.
Commercial Real EstateConstructionReal Estate Investment
Responsibilities
Manage cost reporting by establishing reporting schedule, reviewing & presenting cost reports and forecasts, reviewing project budget & spend forecast with the client, developing & maintaining commercial risk register, and hosting periodic meetings with project team & vendors
Manage cost control process by reviewing payment application assessments, liaising with project managers to recommend contractor entitlements, reviewing requests for change orders from vendors & making recommendations to client, and using dispute prevention/management/resolution procedures to manage payment requisitions, change orders, and contractual disputes
Manage & monitor invoicing process
Benchmark performance against other successful commissions
Manage all facets of the final accounting process and post contract audits and account close outs
Hold post-contract reviews with the client to establish a lesson learned document and apply lessons to create training manual
Develop procedures governing handover of project
Perform all the duties above through the use/preparation of Bid Analysis sheets, Change Control forms, and Cost Estimating sheets
SOX control responsibilities may be part of this role, which are to be adhered to where applicable
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
Qualification
Required
Bachelor's degree in construction management, cost management, quantity surveying, engineering or related field related to construction
Minimum 2 years of relevant experience working in a cost management role preferably in the construction industry
Experience supporting cost management on medium or large sized construction projects
Good knowledge of construction industry technical matters, such as project controls practices, Earned Value Management, cost estimating, capital program/portfolio planning; Good knowledge of various project delivery methods, commercial management, contract administration, risk management, and schedule management
Strong communication skills
Preferred
RICS or AACEi accredited or working towards is preferred, but not required
Construction consultancy experience is strongly preferred
Experience working on large-scale Life Sciences projects or similar preferred but not required
Experience of using project controls tools (such as Contruent/Prism or Ecosys) or PMIS highly desirable
Company
Turner & Townsend
Turner & Townsend is an independent professional services company specializing in program management, project management.
10001+ employees
H1B Sponsorship
Turner & Townsend has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (50)
2024 (45)
2023 (49)
2022 (71)
2021 (47)
2020 (50)
Funding
Current Stage
Late StageTotal Funding
unknown2021-07-27Acquired
Leadership Team
Vincent Clancy
Chairman and Chief Executive Officer
James Dand
Chief Operating Officer
Recent News
2026-01-18
2026-01-13
2026-01-12
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