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(CSA) Cost Manager (Mixed Development / Commercial / Retail Sector)

TurnerTownsend

Ho Chi Minh City, Asia, Vietnam Hybrid permanent

Posted: January 26, 2026

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Quick Summary

We are seeking a Cost Manager to join our team in Ho Chi Minh City, Vietnam. The ideal candidate will have experience in cost management, commercial, and retail sectors, with a strong understanding of the Vietnamese market.

Job 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

Role Overview

As a Cost Manager, you will manage the core cost management services for mixed development and commercial (retail) sector projects, ensuring cost control, value optimisation, and governance objectives are achieved. You will support Turner & Townsend’s clients across the full project lifecycle, delivering commercially sound outcomes for large-scale mixed-use developments, shopping malls, commercial buildings, and fit-out works.

 

Project Support & Cost Management

• Deliver pre-contract and post-contract cost management services across mixed development and commercial projects, including retail malls, podium developments, offices, and tenant fit-out packages.
• Prepare order-of-cost estimates, cost plans, and elemental cost analyses for projects involving multiple asset types and phased delivery.
• Undertake rate analysis, benchmarking, and cost modelling for architectural, structural, MEP, façade, and fit-out packages typical of retail and commercial developments.
• Develop and present final cost plans and budget recommendations aligned with client investment and commercial objectives.
• Lead tendering and procurement activities, including: Pre-qualification of contractors and specialist trades, preparation of tender documentation and preliminaries, tender evaluation, clarification, and commercial negotiation
• Preparation of tender reports and contractual documentation
• Manage post-contract cost control, including variations, re-measurement, and value engineering initiatives.
• Support change management processes arising from design development, tenant requirements, and operational needs.

 

Governance, Reporting & Client Interface

• Prepare monthly cost reports, cashflow forecasts, and final account projections, supporting presentations to clients and development teams.
• Provide commercial input into value engineering and cost optimisation exercises, particularly for façade, MEP systems, and retail fit-out components.
• Interface effectively with developers, consultants, leasing teams, contractors, and tenant representatives throughout the project lifecycle.
• Support Turner & Townsend’s cost governance, risk management, and reporting standards across all commissions.
• Identify opportunities to enhance cost management processes, benchmarking data, and digital tools within the business.
• Contribute to Turner & Townsend’s knowledge management systems, capturing project intelligence and lessons learned.
• Work collaboratively within the cost management team, including supporting and mentoring Assistant Cost Managers where required.

 

• Bachelor’s degree in Cost Management, Quantity Surveying, Construction, Engineering, or a related field (Master’s degree advantageous).
• Minimum 5 years’ experience in cost management or construction-related roles, particularly in commercial buildings, mixed-use developments, or retail projects.
• Strong understanding of quantity surveying principles, cost planning methodologies, and commercial procurement practices.
• Experience in managing multiple trade packages and tenant-driven changes is highly advantageous.
• Native-level proficiency in Vietnamese and business-level proficiency in English.
• Proficiency in CostX or equivalent cost estimation software; familiarity with benchmarking and digital cost management tools is an advantage.

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. 

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