Cost Lead

JLL; Bengaluru; On-site; INR 1,800,000 - 3,200,000; Full time

Job summary

JLL in Bengaluru is seeking a Cost Lead to steer project cost control from pre-design to completion. You will assemble and lead project teams, set budgets and ensure optimal cost performance across the project lifecycle.

The role requires strong cost management skills, reporting, and negotiation experience with vendors and stakeholders. This position is based in Bengaluru and involves on-site collaboration with the project team.

Qualifications

• Experience in cost management across design, pre-contract, and post-contract phases.
• Ability to develop cost plans, track budgets and cash flow.
• Proficiency with SAP or similar cost reporting systems.

Responsibilities

• Develop and manage cost plans from design through construction.
• Lead cost control, trend analysis and value engineering exercises.
• Prepare monthly cost reports and assist in contract negotiations.
• Support procurement and change management activities for projects.
• Coordinate with project teams to ensure cost targets are met.

Skills

Cost management

Project coordination

Budgeting

Forecasting

SAP or cost systems

Vendor negotiations

Cost reporting

Data analysis

Tools

SAP

Excel

Cost management tools

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 people and empowering them to thrive, 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.

Cost Lead

Project and Development Services

What this job involves:

Steering projects at the helm

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, collect and deliver clients' requirements. The CC 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 VO 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 for each 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'll identify their needs and constraints, and work around 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 Cost Manager responsibilities

• Provide cost information to support decision and alternative selection
• Evaluate contractor invoices prior to submission into client Finance systems for pre-approval
• Utilize information from SAP (or similar) and input to cost report and validation of spending
• Evaluate and analyze bids and provide recommendation for decision making
• Provide forecasts and cash flow analysis
• Maintain and manage the cost report and provide regular updates on financial position
• Assist in the development, validation and maintenance of the project schedule
• Assist in developing reporting tracking tools and generates cost reports on regular basis including evaluation of earned value
• Support the coordination of the Change Management process for the project
• Build intricate spreadsheets to enable fast and accurate data manipulation of large data sets
• Extract data from several sources, transforming it to fit operational needs
• Reconcile data to support complete accuracy and creates a clean audit trail

Pre-Contract

• Developing 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.

Post-Contract

• Performing quantity surveying, cost controls and change management activities throughout the project life cycle.
• 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 bench marking purp