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Senior Cost Consultant

London , United Kingdom

Ref#: 9677247917

Date published: 23-Mar-2020

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Main Purpose of Role

To take responsibility and act as a key senior member within the Cost Consultancy team.  To take responsibility managing projects throughout the lifecycle, lending itself to more complex commissions.

Acting as the main client interface, delivering on client objectives and adding value to the cost management service offering. 

Actively managing and coaching colleagues from Assistant to Cost Consultant levels and positively influencing the direction of growth of the up-coming talent.


Scope

The scope of the Senior Cost Consultant can be defined by the value and complexity of the projects being worked on.  Within this role, a Senior Cost Consultant should be able to run and manage projects up to £15m as well as managing complex smaller projects with limited senior interaction. 

As a Senior Cost Consultant, work should be carried out autonomously, managing and setting own deadlines relative to project requirements. There is a strong requirement to act as the lead on contract negotiations and on the various procurement routes and negotiations of contract award.   

Key Responsibilities

To include:

Conducting feasibility studies and writing procurement reports with limited senior management input.

Applying Value Management techniques at the outset of a project.

Managing estimating and cost planning activities to include taking ownership of and presenting the final cost plan.

Managing the procurement process, ensuring that all stages including pre-qualification, enquiry, analysis, selection and contract preparation are performed effectively.

Ensuring that post-contract cost variances and change control processes are managed effectively.

Ensuring that cost checking and valuation work is managed effectively.

Ensuring the production of monthly post-contract cost reports and presenting them to the client.

Value engineering and life cycle costing.

Ensuring that final accounts are promptly negotiated and agreed.

Taking a lead role in interfacing with the client and other consultants, at all project stages.


Where appropriate, leading a cost management team, ensuring that they deliver on all the above accountabilities.

Marketing and business development, to include:

Assisting in the development of new business opportunities with existing and new clients.

Identifying and acting upon cross-selling opportunities.

Working with Associate Directors and Directors to construct bids for new work.

Attending interviews with Associate Directors and Directors.

Identifying and acting upon opportunities to improve cost management procedures, templates and products and hence improve the service provided to clients.

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 – Ensuring that key information and learning generated from each commission is input into the internal database.

Process improvement – Identifying and acting upon ways to improve internal systems and processes.

Reporting

Depending upon context, a Senior Cost Consultant is likely to report to an Associate Director, or Director.


Key Performance Indicators

A Senior Cost Consultant will be assessed by the extent to which he/ she meets key performance measures:

“Day Job” responsibilities

Commissions are managed to the right quality standards and are completed efficiently and on time.

Service delivery on commissions is in line with the conditions of appointment.

Strong relationships are developed with clients and design team members.

To achieve excellent client and project feedback on projects.

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, assisting with the growth of the Cost Consultancy Business. 

Fee Income Generation

The generation of fee income with new or existing clients including cross selling within the CBRE business.

•       Assessment criteria to be advised/agreed – Review Individual Score Card for Details.

Client Generation

The identification and generation of business development opportunities with new clients, resulting in bid opportunities.

Senior Cost Consultants are required to seek out and assist in finding new bid proposals within the CBRE network. 

Assessment criteria to be advised/agreed– Review Individual Score Card for Details.

Initiatives

The identification of and participation in new initiatives that add value and improve the business

Assessment criteria to be advised/agreed– Review Individual Score Card for Details.