(MEP) Cost Manager

Company Description

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.

Please visit our website: www.turnerandtownsend.com

Job Description

Role Overview

We are seeking an experienced and commercially driven MEP Cost Manager to support the delivery of high-rise mixed-use residential developments in Vietnam.

This role will focus on the cost management of Mechanical, Electrical, Plumbing, Fire Protection (MEPF), and building services systems across residential towers, retail podiums, shared facilities, and supporting infrastructure. You will work closely with developers, consultants, contractors, and suppliers to ensure projects are delivered within budget while meeting quality, programme, and operational requirements.

Key Responsibilities

Cost Planning & Budget Management

• Prepare cost estimates, cost plans, and budgets for MEP works across all project stages.
• Provide cost advice on building services systems including HVAC, electrical distribution, plumbing, fire protection, ELV, and building management systems.
• Monitor project costs and maintain alignment with approved budgets and project objectives.
• Support value engineering initiatives to improve cost efficiency without compromising performance.

Procurement & Tendering

• Prepare tender documentation for key MEP trade packages, including:
  • Mechanical and HVAC systems
  • Electrical systems
  • Plumbing and sanitary systems
  • Fire protection systems
  • ELV and building services packages
• Support tender evaluations, quotation comparisons, and commercial assessments.
• Liaise with local contractors and suppliers to obtain accurate market pricing and benchmarking data.
• Assist in the development of procurement strategies and contractor selection recommendations.

Post-Contract Cost Management

• Manage variations, change orders, and cost adjustments relating to MEP works.
• Review contractor claims, progress valuations, and payment submissions.
• Monitor project commitments and commercial performance throughout construction.
• Support final account negotiations and project close-out activities.

Cost Reporting & Financial Tracking

• Prepare monthly cost reports, financial forecasts, and cash flow updates.
• Track project expenditure and forecast final project costs.
• Identify potential cost overruns, risks, and opportunities, and provide recommendations for mitigation.
• Maintain accurate commercial records and reporting documentation.

Stakeholder Coordination

• Work closely with project managers, consultants, contractors, and client representatives.
• Participate in design reviews, coordination meetings, and site progress meetings.
• Provide commercial input to support project decisions and cost management strategies.
• Assist in resolving cost-related and commercial issues throughout project delivery.

Value Engineering & Risk Management

• Support value engineering exercises to optimise MEP design and construction costs.
• Identify commercial risks associated with MEP systems and recommend mitigation measures.
• Contribute to continuous improvement and lessons learned initiatives.

Qualifications

• Bachelor's Degree in Quantity Surveying, Cost Management, Mechanical Engineering, Electrical Engineering, Construction Management, or a related discipline.

• 5–10 years of experience in cost management, quantity surveying, or commercial management.

• Proven experience managing MEP packages within:
  • High-rise residential developments
  • Mixed-use developments
  • Commercial, hospitality, or large-scale building projects
• Experience within the Vietnam construction market is highly preferred.
• Consultancy, developer, contractor, or project management consultancy experience will be considered.

Additional Information

Our 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 www.turnerandtownsend.com/

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