Assistant Cost Manager - Procurement, Bangalore

Turner & Townsend; Bengaluru; On-site; INR 1,200,000 - 2,000,000; Full time

Job summary

Turner & Townsend in Bangalore is seeking an Assistant Cost Manager - Procurement to support procurement strategies, vendor sourcing, contract administration, and cost analysis across projects. The role focuses on achieving value-driven purchasing while maintaining quality and compliance.

You will monitor budgets, prepare cost reports and dashboards, evaluate commercial risks, and drive procurement excellence with stakeholders to meet project milestones.

Qualifications

• Bachelor's degree in a related discipline is required.
• 5–8 years of experience in procurement, cost management, sourcing, or commercial functions.
• Professional certifications such as CIPS, RICS, or PMP are an advantage.

Responsibilities

• Execute procurement strategies aligned with project objectives.
• Manage end-to-end procurement activities: sourcing, RFQs/RFPs, bid evaluations, negotiations,POs.
• Identify suppliers and subcontractors ensuring competitive pricing and quality.
• Develop relationships with vendors and stakeholders.
• Perform cost analysis, benchmarking, and market intelligence assessments.
• Support budgeting, forecasting, cost planning, and dashboards.
• Draft, review, and administer supplier/subcontractor agreements.
• Monitor supplier performance, delivery, quality, and service levels.
• Drive continuous improvement with vendors to reduce costs.

Skills

Procurement

Cost optimization

Negotiation

Stakeholder management

Education

Bachelor's degree in Quantity Surveying/SCM/Procurement/Engineering

Tools

CIPS

RICS

PMP

Job description

Assistant Cost Manager - Procurement, Bangalore

• Full-time

Who is Turner & Townsend?

All over the world people are using buildings, infrastructure, and assets we helped to deliver. It could be the hospital they work in, the railway they travel on every day, the fuel that powers their car or the data centre they depend on at work. For more than 75 years we’ve been helping to deliver transformational programmes across the real estate, infrastructure and natural resources sectors, making a difference to people’s lives and ensuring a return on investment for our clients and their investors.

Our purpose:

Transforming performance for a green, inclusive, and productive world.

The world is changing and we have a responsibility to support that change, helping drive it and be part of it. Through the commitment, capability and care our team brings, we build trust between clients, suppliers, governments and society. Delivering better outcomes that have a positive impact on the world around us. We work smarter to face the challenges of the future; bringing the clarity that helps teams realise their full potential across the real estate, infrastructure and natural resources sectors. It’s how we’ve made the difference for more than 75 years.

Our values:

Love a challenge:We love a challenge and we work hard to make change happen and see things through. We don’t stand still, challenging ourselves and others to do better every day. And we are trusted to do the right thing, raising standards all the time.

Stronger together:We’re stronger together by connecting people in diverse teams, so that we can all collaborate to deliver our best work. We focus on what matters and use our influence to build a better world for everyone.

Bring out the best in everyone:We bring out the best in everyone. We help each other to make the most of our potential, always learning from our experience. We treat each other with care and respect and make time to give everyone a voice

Job Summary

We are seeking a detail-oriented and commercially astute Assistant Cost Manager - Procurement to support procurement operations and cost management activities across projects. The role will be responsible for managing procurement strategies, vendor sourcing, contract administration, cost analysis, and ensuring value-driven purchasing decisions while maintaining quality, compliance, and project timelines.

Key Responsibilities

Procurement Management

• Execute procurement strategies aligned with project and organizational objectives.
• Manage end-to-end procurement activities, including sourcing, RFQs/RFPs, bid evaluations, negotiations, and purchase order issuance.
• Identify and evaluate suppliers and subcontractors to ensure competitive pricing and quality standards.
• Develop and maintain strong relationships with vendors and stakeholders.

Cost Management & Commercial Support

• Perform cost analysis, benchmarking, and market intelligence assessments to identify cost-saving opportunities.
• Support budgeting, forecasting, and cost planning activities.
• Monitor procurement costs against approved budgets and project targets.
• Assist in preparing cost reports, procurement dashboards, and management presentations.
• Evaluate commercial risks and propose mitigation measures.

Contract Administration

• Assist in drafting, reviewing, and administering supplier and subcontractor agreements.
• Ensure contractual obligations, commercial terms, and service levels are properly managed.
• Support claims management, variations, and contract closeout processes.
• Monitor supplier performance, delivery schedules, quality compliance, and service standards.
• Conduct supplier evaluations and performance reviews.
• Drive continuous improvement initiatives with vendors to enhance efficiency and reduce costs.

Stakeholder Collaboration

• Work closely with project teams, finance, legal, and operations departments to align procurement activities with project requirements.
• Provide procurement and commercial insights during project planning and execution stages.
• Ensure timely procurement support to meet project milestones.

Compliance & Governance

• Ensure procurement activities comply with company policies, ethical standards, and regulatory requirements.
• Maintain accurate procurement documentation and audit-ready records.
• Promote best practices in procurement governance and risk management.

Required Qualifications

• Bachelor's Degree in Quantity Surveying, Supply Chain Management, Procurement, Engineering, Construction Management, Finance, or a related discipline.
• Professional certifications such as CIPS, RICS, PMP, or equivalent will be an advantage.

Required Experience

• 5-8 years of experience in procurement, cost management, sourcing, or commercial functions.
• Experience working in construction, infrastructure, real estate, engineering, manufacturing, or project-based environments.
• Proven track record in supplier negotiations, contract administration, and cost optimization initiatives.

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.