Associate Director - Cost Management

Turner & Townsend

  • India
  • Permanent
  • Full-time
  • 3 days ago
  • Apply easily
Company DescriptionWho is Turner & Townsend?All over the world people are using buildings, infrastructure, and assets we helped to deliver. It could be the hospital they work in, the railway they travel on every day, the fuel that powers their car or the data centre they depend on at work. For more than 75 years we’ve been helping to deliver transformational programmes across the real estate, infrastructure and natural resources sectors, making a difference to people’s lives and ensuring a return on investment for our clients and their investors.Our purpose:Transforming performance for a green, inclusive, and productive world.The world is changing and we have a responsibility to support that change, helping drive it and be part of it. Through the commitment, capability and care our team brings, we build trust between clients, suppliers, governments and society. Delivering better outcomes that have a positive impact on the world around us. We work smarter to face the challenges of the future; bringing the clarity that helps teams realise their full potential across the real estate, infrastructure and natural resources sectors. It’s how we’ve made the difference for more than 75 years.Our values:Love a challenge: We love a challenge and we work hard to make change happen and see things through. We don’t stand still, challenging ourselves and others to do better every day. And we are trusted to do the right thing, raising standards all the time.Stronger together: We’re stronger together by connecting people in diverse teams, so that we can all collaborate to deliver our best work. We focus on what matters and use our influence to build a better world for everyone.Bring out the best in everyone: We bring out the best in everyone. We help each other to make the most of our potential, always learning from our experience. We treat each other with care and respect and make time to give everyone a voice#LI-HT1Job DescriptionMain Responsibilities:
  • Works within the Cost Management team as a leader, managing cost management professionals within larger teams and delivering successful solutions for clients.
  • Support the management direction and leadership of the Cost Management stream and are accountable for key account management and other business development related activity
  • Will be a part of the Senior Management team (SMT) for the region.
Key Responsibilities:Finance
  • Ensure the business unit achieves/betters its budget turnover/profit for the financial year by agreed Net Margin
  • Support in achieving target profit margin of 10% for the office
  • To support in achieving target gross margin of 45% for office
  • Support offices in achieving and maintaining average 85% resource utilization
  • Achieve and maintain 90% accuracy in forecasting of financial information namely – monthly revenue and cost
  • Prepare and continually maintain up to date TIC (Target Income Costs) sheets for all commissions indicating forecasted resource utilisation and profitability
  • Achieve and maintain average debtor days between 30-60 days for all commissions
  • Achieve and maintain 100% ETCi completion of all staff on a weekly basis
  • Align with the financial reporting calendar (namely weekly utilization, short term rolling forecast, management accounts, aged debts) at APAC level and subsequently global level.
Service Delivery
  • Promote Service Excellence through TIC & ADD models
  • Governance. Ensure that contractual risks are acceptable at tender stage and retained contract risks are effectively managed by:
  • Compliance with T&T RM processes
  • Submission of all T&C’s to RM Qualification of tender submissions in accordance with RM guidelines
  • Implementing risk mitigation measures for identified & accepted risks.
  • reporting risk issues to Divisional risk representative
  • Maintain effective communication with Director, staff and fellow Associate Directors
  • Ensure commercial contracts for Mumbai business unit’s services are administered in line with T & T policy. All agreements and proposed new services to be verified with RM and BUD as required
  • Ensure that lessons learned / best practices from commissions are captured within KM system as appropriate
#LI-HT1Qualifications
  • Education - B.E/B.Tech/B.Arch
  • You should have relevant experience of working preferably for a construction consultancy in India/abroad, hold a graduate degree preferably in Cost Management and possesses good technical skills.
  • 15-20 years work experience with demonstrated career growth graph.
  • Experience in multiple sub sectors within the property projects will be added advantage.
  • Excellent verbal and written English communication skills, with demonstrated negotiation and influencing skills, and the capability to relate and communicate with people from a variety of diverse backgrounds at all levels of the industry.
  • Good knowledge of construction industry technical matters, such as different procurement routes, value management and value engineering.
  • People management experience, particularly in the context of managing a cost management team delivering a project.
#LI-HT1Additional InformationOur 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-HT1Join 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