Assistant Cost Manager

Jones Lang LaSalle, Inc.; Kolkata District; On-site; INR 1,200,000 - 1,900,000; Full time

Job summary

Jones Lang LaSalle, Inc. is seeking an Assistant Cost Manager to lead cost control for large construction projects in Kolkata.

You will develop cost plans, manage budgets, and drive value engineering while coordinating procurement and contract administration with cross-functional teams. The role requires extensive experience in cost management within the Indian construction sector, strong English communication, and the ability to manage multiple missions simultaneously.

Qualifications

• Minimum graduate-level qualification in Cost Management or a related field.
• Experience in cost planning, budgeting, and cost control for construction projects.
• Strong understanding of procurement routes and contract types in India.
• Proven ability to lead cost management teams and deliver against budgets.
• Excellent written and verbal English communication skills.

Responsibilities

• Lead cost management activities across the project lifecycle, from pre-contract to handover.
• Develop and maintain cost plans, estimates, and value engineering options.
• Oversee tendering, procurement documentation, and contractor negotiations.
• Prepare monthly cost reports and assist with final accounts and cost validation.
• Manage a cost management team, ensuring parallel commissions are delivered on time.
• Collaborate with project teams to optimise costs and meet profit targets.

Skills

People management

Overseas office experience

English communication

Cost management

Construction industry knowledge

Procurement & tender

Value engineering

Multi-sector experience

Education

Graduate degree in Cost Management

Job description

JLL empowers you to shape a brighter way.

Our people at JLL are shaping the future of real estate for a better world by combining world class services, advisory and technology for our clients. We are committed to hiring the best, most talented peopleand empowering them tothrive, grow meaningful careers and to find a place where they belong. Whether you’ve got deep experience in commercial real estate, skilled trades or technology, or you’re looking to apply your relevant experience to a new industry, join our team as we help shape a brighter way forward.

To 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 relationships

Helping 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, etc

Post-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

• undefined
• Developing cost plans and estimates through the design phase, delivering updated cost plans at appropriate design milestones.
• Providingcommercial inputtodesignoptioneeringandinputintovalueengineeringexercises.
• Reviewing contractor and subcontractor pricing and leading negotiations on behalf of the client to drive fair contract prices.
• Performingquantitysurveying,cost controls and changemanagementactivitiesthroughout the project life cycle.
• Ensuringthatcostauditing andvaluationworkismanagedeffectively and that arobust processfor cost validation is in place.
• Compilingasbuiltcostestimaterecords for bench marking purposes.
• Submission of Monthly Cost Report
• Bill Certification Tracker with Variation Report.

Location

On-site –Kolkata, WB

Scheduled Weekly Hours

48

At JLL, we harness the power of artificial intelligence (AI) to efficiently accelerate meaningful connections between candidates and opportunities. Using AI capabilities, we analyze your application for relevant skills, experiences, and qualifications to generate valuable insights about how your unique profile aligns with the specific requirements of the role you'repursuing.

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Jones Lang LaSalle (“JLL”) is an Equal Opportunity Employer and is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process – including the online application and/or overall selection process – you may email us at [e-mail]. This email is only to request an accommodation. Please direct any other general recruiting inquiries to our Contact Us page

A seasoned expert

The 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 communicator

Are 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.