Cost & Commercial Analyst

JLL; Greater London; On-site; GBP 70,000 - 100,000; Full time

Job summary

JLL in London is seeking a Cost & Commercial Analyst to drive commercial excellence and cost optimisation across the RLAM portfolio. You will ensure value for money while upholding service standards and optimize contracts for peak efficiency.

The role requires managing supplier relationships, cost analysis, and compliance with procurement regulations, reporting on cost performance, and identifying continuous improvement opportunities within the TSM and SSM teams.

Qualifications

• 7+ years experience in commercial property cost management or procurement.
• Proven track record of delivering measurable cost savings and commercial improvements.
• Ability to communicate commercial topics to non-commercial stakeholders.

Responsibilities

• Provide specialist commercial advice and cost optimisation strategies.
• Ensure procurement regulations and best practices are followed.
• Manage supplier relationships and cost performance monitoring.
• Lead commercial analysis for the portfolio at building level.
• Develop commercial frameworks and cost management platforms.

Skills

Commercial analysis

Cost optimisation

Procurement

Stakeholder management

Financial reporting

Education

RICS/CIPS membership

Job description

Job Title: Cost & Commercial Analyst
Reporting to: Property Delivery Lead
Location: London

Summary

Responsible for managing commercial excellence and cost optimisation across the Royal London Asset Management (RLAM) portfolio. The role ensures that maximum value for money is achieved while maintaining operational service standards, so that the portfolio operates at peak commercial efficiency.

Summary

Responsible for managing commercial excellence and cost optimisation across the Royal London Asset Management (RLAM) portfolio. The role ensures that maximum value for money is achieved while maintaining operational service standards, so that the portfolio operates at peak commercial efficiency.

Purpose

The Cost & Commercial Analyst ensures that all commercial activities and supplier relationships deliver optimal value whilst supporting the operational objectives of the TSM and SSM teams. The role requires effective management of commercial relationships, procurement processes, and cost analysis to deliver services within agreed budgets while identifying continuous improvement opportunities.

Responsibilities

• Provide specialist commercial advice and cost optimisation strategies to support operational excellence
• Ensure procurement regulations, commercial compliance, and best practice procurement standards are delivered
• Foster and develop commercial relationships between the Property Delivery management team, suppliers, and stakeholders to create optimal value delivery
• Effectively manage commercial aspects of supplier relationships including cost performance monitoring and contract optimisation
• Conduct regular commercial reviews and ensure cost performance indicators and financial reports are completed accurately and promptly
• Ensure all contracts deliver value within agreed budgets and continuously seek cost reduction opportunities
• Lead in commercial analysis for the portfolio at individual building level, ensuring optimal cost performance is achieved and reported
• Contribute to the development of commercial frameworks and cost management platforms through data analysis and commercial insight
• Provide commercial expertise for newly completed buildings and ensure cost-effective transition into operational management
• Ensure commercial compliance and cost optimisation for special projects and customer requirements

Qualifications

• Minimum 7+ years of experience in commercial property cost management or specialist procurement role
• Professional membership of RICS, CIPS, or equivalent commercial qualification
• Proven track record of delivering measurable cost savings and commercial improvements
• Ability to communicate commercial subjects to non-commercial stakeholders and team members
• Ability to produce detailed commercial reports and financial analysis
• Expertise in managing commercial change processes and promoting cost optimisation best practice