Assistant Cost Manager

Jones Lang LaSalle Incorporated; Bengaluru; On-site; INR 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Total Rewards Program

Job summary

Jones Lang LaSalle Incorporated in Bengaluru seeks an Assistant Cost Lead to drive cost planning and cost management across a broad range of construction projects. You will work closely with project teams to develop cost plans, analyze bids, and support value optimization.

With a focus on India markets and potential overseas collaborations, you will deliver timely cost reports, manage procurement inputs, and guide junior staff to ensure project profitability and client satisfaction.

Qualifications

• Experience in cost management across construction projects.
• Strong negotiation and client management skills.
• Excellent written and spoken English.
• Graduate degree in Cost Management.
• Experience supporting overseas offices or India markets.

Responsibilities

• Develop cost plans and estimates through the design phase and milestones.
• Provide commercial input to design optioneering and value engineering.
• Review contractor and subcontractor pricing and lead negotiations for client.
• Perform quantity surveying, cost controls and change management across the lifecycle.
• Ensure robust cost validation and monthly cost reporting to clients.
• Coordinate post-contract cost accounting and final accounts processes.
• Mentor cost management team and support overseas offices.

Skills

Cost management

Negotiation

Team leadership

Budgeting

Contract administration

Quantity surveying

Cost controls

Change management

Communication

Education

Graduate degree in Cost Management

Job description

JLL supports the Whole You, personally and professionally.Our people at JLL are shaping the future of real estate for a better world by combining world class services, advisory and technology to our clients. We are committed to hiring the best, most talented people in our industry; and we support them through professional growth, flexibility, and personalized benefits to manage life in and outside of work. Whether you’ve got deep experience in commercial real estate, skilled trades, and technology, or you’re looking to apply your relevant experience to a new industry, we empower you to shape a brighter way forward so you can thrive professionally and personally.Asst - Cost LeadProject and Development ServicesWhat this job involves:Steering projects at the helmTo be stationed in (region/country), you'll work side-by-side with the senior project manager to ensure the success of a project—from its pre-design phase to its completion. You'll assemble and lead various project teams; and monitor the teams' performance, and bring out the best in every team member. You're also in charge of creating the organisational structure, project objectives and working procedures for the teams.Your Cost management skills will also be of great value, as you set up clear project cost plans and allot sufficient budget to achieve optimal results and meet the company's target profits. Also part of your job is to attend project meetings as required, develop monthly reports and carry out contract administration. Furthermore, you'll oversee negotiations, analyses and promotions of quality control systems.Your task is to fully understand, coIIect and deliver clients requirements. The JBS team will depend on you to help schedule or plan establishment, value engineer, and design change management. You'll also assist the contract manager in all related procurement and Tender management. On top of that, you'll support the construction manager in all related installation, site inspection and contractor management, Prepare BOQ's, Quantity Survey & Quantity Take Off, Cost Analysis foreach of the line items in the BOQ as required for project to project, Benchmarking, Review & Standardize of Specifications, Sound Technical Knowledge on Civil/ MEP aspects as applicable, Procurement from Cost Management perspective, Finalise Commercials with vendors, Rate Contracts as applicable,Boosting client relationshipsHelping clients achieve success is what JLL does best—and your role is an extension of this tradition. To effectively help our clients, you'Il identify their needs and constraints, and workaround these challenges. You also have to effectively represent our clients throughout the whole duration of the projects. Do you have an enormous talent for promotion? If so, this is the perfect job for you, as you'll also represent and promote the company throughout the project.The Asst Cost Manager is responsible for implementing administering and maintaining cost control systems and procedures to track budgets, commitments, expenditures and forecasts, and to assist in the preparation and review of cost estimates and schedules for projects of medium complexity and value;Key Responsibility· Conducting background research, data collection and benchmarking· Estimating and producing cost plans· Compiling and amending the tender list· Drafting the procurement documentation· Checking and analysing the tenders· Drafting tender reports· Dealing with variations and the change control processes, negotiating less financially significant or complex matters.· Conducting cost checks and valuations· Drafting monthly reports· Analyzing the numbers for the final accounts.· Liaising with the client, contractors, designers, etcPost-Contract· Performing quantity surveying, cost controls and change management activities throughout the project lifecycle.· Ensuring that post-contract cost variances and change control processes are managed effectively.· Ensuring that cost auditing and valuation work is managed effectively and that a robust process for cost validation is in place.· Carrying out the production of monthly cost reports for presentation to the client.· Ensuring that final accounts are negotiated and agreed in a timely manner.· Compiling as built cost estimate records for benchmarking purposes.Additional Information· People management experience, particularly in the context of managing a cost management team delivering multiple commission in parallel.· Candidates with prior experience of supporting their overseas offices in their respective organisation or worked in India markets.· Excellent verbal and written English communication skills, with demonstrated negotiation and influencing skills, and the capability to relate and communicate with people from a variety of diverse backgrounds at all levels of the industry.· Should have relevant experience of working preferably for a construction consultancy in India/abroad, hold a graduate degree preferably in Cost Management and possesses good technical and communication skills.· Experience in multiple sub sectors within the property projects will be added advantage.· Good knowledge of construction industry technical matters, such as different procurement routes, value management and value engineering.Key Deliverables:undefinedDeveloping cost plans and estimates through the design phase, delivering updated cost plans at appropriate design milestones.Providing commercial input to design optioneering and input into value engineering exercises.Reviewing contractor and subcontractor pricing and leading negotiations on behalf of the client to drive fair contract prices.Performing quantity surveying, cost controls and change management activities throughout the project life cycle.Ensuring that cost auditing and valuation work is managed effectively and that a robust process for cost validation is in place.Compiling as built cost estimate records for bench marking purposes.Submission of Monthly Cost ReportBill Certification Tracker with Variation Report.A seasoned expertThe ideal candidate is no neophyte—you should exhibit high-level management skills, and should hold a degree in relevant property-related discipline. Likewise, you should have established yourself as a professional within design, construction and cost management. Moreover, you should have a proven track record in profit planning, business development, networking and marketing.An effective communicatorAre you considered a natural communicator? Alongside your native tongue, do you have a strong grasp of written and spoken English? You'll need it in this role - strong communication skills will surely land you the job.Likewise, you'll be in charge of creating an environment where all team members are encouraged to contribute; as well as managing company staff to achieve enthusiastic and effective contribution to the project. Furthermore, you'll actively search for improvement opportunities, and empower the team to implement them.What we can do for you:At JLL,we make sure that you become the best version ofyourself by helping you realize yourfull potential in an entrepreneurial and inclusive work environment.We will empower your ambitions through our dedicated Total Rewards Program, competitive pay and benefits package.Apply today!If this job description resonates with you, we encourage you to apply even if you don’t meet all of the requirements below. We’re interested in getting to know you and what you bring to the table!Personalized benefits that support personal well-being and growth:JLL recognizes the impact that the workplace can have on your wellness, so we offer a supportive culture and comprehensive benefits package that prioritizes mental, physical and emotional health.About JLL –We’re JLL—a leading professional services and investment management firm specializing in real estate. We have operations in over 80 countries and a workforce of over 102,000 individuals around the world who help real estate owners, occupiers and investors achieve their business ambitions. As a global Fortune 500 company, we also have an inherent responsibility to drive sustainability and corporate social responsibility. That’s why we’re committed to our purpose to shape the future of real estate for a better world. We’re using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people, and our communities.Our core values of teamwork, ethics and excellence are also fundamental to everything we do and we’re honored to be recognized with awards for our success by organizations both globally and locally.Creating a diverse and inclusive culture where we all feel welcomed, valued and empowered to achieve our full potential is important to who we are today and where we’re headed in the future. And we know that unique backgrounds, experiences and perspectives help us think bigger, spark innovation and succeed together.