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Cost Manager - Hospitality / Hotel

Turner & Townsend
Full-time
On-site
Kuala Lumpur, Asia, Malaysia

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 Summary

As a Cost Manager for Hotel, Commercial and Hospitality Projects, you will oversee cost planning, tender management, budget control, and commercial reporting across new builds, refurbishments, and high‑end interior fit‑outs within hotel environments. You will work closely with clients, designers, operators, and contractors to ensure project costs are well‑managed while maintaining the quality standards expected in hospitality developments.

Project Support & Coordination

  • Demonstrate strong knowledge of pre‑contract and post‑contract cost management processes for hospitality, hotel, or interior projects.
  • Prepare cost estimates, budgets, and detailed cost plans for guest rooms, public areas, back‑of‑house spaces, F&B outlets, and specialty hospitality areas.
  • Support tendering and procurement activities including preparing tender documents, conducting bid evaluations, reviewing commercial submissions, and compiling contract documentation.
  • Track project costs, monitor variations, and support structured change control procedures.
  • Coordinate closely with designers, contractors, suppliers, and hotel operators to ensure alignment on materials, finishes, specifications, and brand standards.

Governance & Reporting

  • Prepare monthly post‑contract cost reports and participate in client presentations as required.
  • Support value engineering initiatives focused on finishes, material selection, and hotel‑specific design efficiencies.
  • Maintain accurate cost data, cashflow forecasts, and supporting documentation throughout the project lifecycle.
  • Ensure compliance with internal governance processes and hospitality brand requirements.
  • Contribute to knowledge sharing by documenting key learnings, benchmarks, and cost data from hospitality projects.

Qualifications

  • Bachelor’s degree in Quantity Surveying, Cost Management, Construction, Engineering, or a related technical discipline.
  • Minimum 5 years’ experience in cost management or construction roles, with preference for candidates experienced in hotels, hospitality, high‑end fit‑out, or commercial interiors.
  • Strong understanding of cost planning, tender management, and post‑contract cost control.
  • Ability to manage diverse stakeholders including designers, hotel operators, brand representatives, and contractors.
  • Proficiency in CostX or similar cost estimation tools.
  • Native proficiency and business‑level proficiency in English.

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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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.