Global Commercial Cost Management Senior Director - Remote

Profile

Join our Talent Network
JOB SUMMARY
As a Global Commercial / Cost Manager, CBRE expect the individual to take complete ownership and responsibility for the entire service delivery on the assigned project management account, project or projects, covering the overall Capital Investment Plan forecasting and the individual project(s)commercial management.

The Global Cost Management lead role is responsible for establishing and overseeing commercial
management, cost management and estimating processes at both a business strategy / portfolio and transactional / project level. The Global lead must understand the current state of management in each of the respective regions in the account (either global or regional) and adapt methodologies to any unique local conditions, while driving consistency as appropriate throughout the account. The Global Lead is responsible for establishing methodologies and systems, and driving performance through the regional leads, local PMs, and third party cost management consultants.
The Global Commercial / Cost Management Lead reports directly into the Global PMO Account Lead with support from the CBRE Dedicated Project Management Platform

The purpose of this position is responsibility for project management services within an assigned geographic market, program or client account to achieve the company's strategic business objectives. Key project delivery focus areas include scope, budget, schedule, quality and risk management.
A Commercial Manager has an “umbrella skill” with strategic, tactical and transactional attributes across the following:
Level 1:
Estimating – Subject Matter Specialist of all estimating skillsets from high-level cost benchmarking through to complex estimating of bills of quantities.
Level 2:
Cost Management and Quantity Surveying – being able to develop cost plans, cost reports and forecast risk and contingency trends to include commitment and cash flow forecasting.
Level 3:
Commercial Management – being able to take a corporate business view on the overall capital investment planning strategy and treatment of costs including the translation of Capital Expenditure into Profit and Loss forecasting, to include reserves assessment, run rate analysis, business case development and hurdle rate analysis. Ownership of the account financials that typically range from $1bn , cover strategic, tactical and transactional aspects, where the individual can master all aspects of estimating, cost management and commercial management from understanding Capital Expenditure and one-offs, as well as Operating Expenditures and Rent.
The Commercial Manager will be the everyday enterprise-cost lead and will be responsible for ensuring CBRE perform and meet all Client objectives outlined in the agreement between the Client and CBRE. The Commercial Manager will continually seek ways to improve the CBRE business, services, the people and relationships through these roles and responsibilities.

Characteristics of responsible geographic market, program(s), or client account:
a. EBITDA (3 year avg) PRIMARY FACTOR
> LMA - great than $200,000 USD & less than $500,000 USD
> GCS - greater than $500,000 USD & less than $1,250,000 USD
b. Geography - Regional, National, Global
c. Work group under management - typically
LMA - typically less than $75M USD
> GCS - typically less than $200M USD


ESSENTIAL DUTIES AND RESPONSIBILITIES
Responsible for financial performance of market, program, and client accounts including budgeting, actual results, forecasting and reporting. Responsible for billing (including documentation required for revenue recognition), accounts receivable (AR) collection, expense monitoring and control, staffing (including allocation, if applicable) and full P&L to EBITDA before all allocations.

Interacts regularly with client(s) to ensure that goals and objectives are established and achieved. Develops and implements action plans to correct variances. Anticipates and responds to the client's needs and concerns.

Manages and leads project management staff in the market and ensures thorough staff understanding and implementation of operations, policies, and procedures. Formally supervises individual employees and/or subordinate supervisors. Responsible for identifying tracking performance, coaching, training needs, and motivating direct reports and work group. Directly or indirectly responsible for hiring, terminating, compensation, and performance evaluation for direct reports and work group.

Directs all phases of project management including procurement/contracting, initiation, planning, execution, monitoring, controlling and closeout phases of the project. Key focus areas include scope, budget, schedule, quality and risk management.

Develops new business growth and maintains existing business relationships. Responsible for business pursuits, integration with other CBRE business lines, and cross-selling our CBRE business in the assigned geographic market, program or client account to achieve the company's strategic business objectives.

Exhibits a complete understanding of CB Richard Ellis' corporate governance policies and procedures. Responsible for ensuring corporate governance policies and procedures are adhered to within work group.

Responsible for accurate, timely, and compliant contract procurement, contract negotiation, contract execution, contract administration, and closeout. Contracts included Client/CBRE agreements, Client/Vendor agreements, CBRE/Vendor agreements, and Supplier agreements. Monitors adherence to policies and procedures regarding internal governance and controls.

Demonstrates ability to identify complex project risks, lead constructability reviews, develop risk mitigation and contingency plans, and implement action plans to reduce or eliminate project risks for client and company.

Oversees the preparation of accurate, timely, and complete reports to the client and CBRE.

Participates in civic and business organizations. Conducts and maintains relationships with industry and trade associates, vendors, and professional organizations.

Other duties as assigned.


SUPERVISORY RESPONSIBILITIES
Manages the planning, organization, and controls for a major functional area or department. May be responsible for a mix of direct and matrix reports. Approves subordinate's recommendations for staff recruitment, selection, promotion, advancement, corrective action and termination. Effectively recommends same for direct reports to next level management for review and approval. Monitors appropriate staffing levels and reports on utilization and deployment of human resources. Leads and supports staff in areas of staffing, selection, training, development, coaching, mentoring, measuring, appraising and rewarding performance and retention. Leads by example and models behaviors that are consistent with the company's values.

Required experience directly managing work group or leading 3rd party project delivery resources/team (typically larger, more experienced team).
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


EDUCATION and EXPERIENCE
Bachelor's degree (BA/BS/BEng/BArch) required from College or University.

Minimum of eight years of related progressive experience and/or training.

Prior experience in a supervisory position (direct report responsibilities) required.


CERTIFICATES and/or LICENSES
LEED AP preferred
PMP preferred (US and/or Canada)
CCM preferred



COMMUNICATION SKILLS
Ability to comprehend, analyze, and interpret the most complex business documents. Ability to respond effectively to the most sensitive issues. Ability to write reports, manuals, speeches and articles using distinctive style. Ability to make effective and persuasive presentations on complex topics to employees, clients, top management and/or public groups. Ability to motivate and negotiate effectively with key employees, top management, and client groups to take desired action.


FINANCIAL KNOWLEDGE
Requires in-depth knowledge of financial terms and principles. Reviews complex financial/business analysis and reports prepared by subordinates. Ability to analyze the most complex business/financial data and develop innovative solutions. Develops and implements financial policies and procedures. Approves and oversees department budget.


REASONING ABILITY
Ability to solve advanced problems and deal with a variety of options in complex situations. Requires expert level analytical and quantitative skills with proven experience in developing strategic solutions for a growing matrix-based multi-industry sales environment. Draws upon the analysis of others and makes recommendations that have a direct impact on the company.


OTHER SKILLS and ABILITIES
Ability to comprehend, analyze, and interpret the complex business documents. Ability to respond effectively to the sensitive issues.

Ability to motivate and negotiate effectively with key employees, top management, and client groups to take desired action. Ability to solve advanced problems and deal with a variety of options in complex situations.

Intermediate skills with Microsoft Office Suite.


SCOPE OF RESPONSIBILITY
Decisions made with in-depth understanding and interpretation of procedures, company policies and business practices to achieve complex results. Responsible for setting project, department and/or division deadlines. Errors in judgment may cause long-term impact to line of business and/or overall company.
US Company Profile
About CBRE (NYSE: CBRE): At CBRE, you are empowered to take your career path into your own hands. Enjoy workplace flexibility in a global organization with tremendous scale. Work in an inclusive and collaborative environment with supportive teammates. Come experience the employee advantage at CBRE.
CBRE has a long-standing commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law.
As a Fortune 500 worldwide leader in real estate services, CBRE’s more than 90,000 professionals provide exceptional outcomes for clients in over approximately 480 offices worldwide.  When it comes to real estate, CBRE sees potential everywhere. We turn scale into strength, expense into performance, and property into prosperity. Visit cbre.us.

Company info

Sign Up Now - WashingtondcCrossing.com