Cost Lead - Project and Development Services

Jones Lang Lasalle Property Consultants India Pvt Ltd; Bengaluru; On-site; INR 3,600,000 - 6,000,000; Full time

Benefits offered by this job

Total Rewards Program

Competitive pay and benefits

Job summary

Jones Lang LaSalle (JLL) in Bengaluru, KA, invites a seasoned Cost Lead to steer project cost management from pre-design through completion. You will assemble and lead project teams, set objectives, monitor performance, and ensure budgets and cost plans align with client requirements.

You will prepare BOQ and cost analyses, manage procurement, and oversee contract administration, negotiations, and reporting. A strong leader with a background in cost management and design is desired.

Qualifications

• Degree in a property-related discipline.
• Proven track record in design, construction and cost management.
• Experience in profit planning, business development, networking and marketing.

Responsibilities

• Lead project teams and develop cost plans and budgets for projects of medium complexity.
• Prepare BOQ, quantity surveying & cost analysis for line items in the BOQ.
• Oversee cost control, change management and post-contract cost validation.
• Attend project meetings, develop monthly reports and manage contract administration.
• Negotiate with contractors to drive fair contract prices and support client decisions.

Skills

Cost management

Project leadership

Budgeting

Cost reporting

Negotiation

Change management

Data analysis

Education

Degree in property/real estate or construction management

Tools

SAP

Excel

Job description

Cost Lead Project and Development Services

Cost Lead 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.

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 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; 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 purposes.

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.

What we can do for you

At JLL, we make sure that you become the best version of yourself by helping you realize your full potential in an entrepreneurial and inclusive work environment. We will empower your ambitions through our dedicated Total Rewards Program, competitive pay and benefits package.

Location and hours

Location: On-site –Bengaluru, KA

Scheduled Weekly Hours: 48

Jones Lang LaSalle (JLL) is an Equal Opportunity Employer and is committed to working with and providing reasonable accommodations to individuals with disabilities.

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're pursuing.