Cost Manager

Jones Lang LaSalle Incorporated; Gurugram District; On-site; INR 900,000 - 1,500,000; Full time

Job summary

Jones Lang LaSalle Incorporated in Gurugram is seeking a cost control professional to implement and maintain cost management processes for medium-complexity projects, tracking budgets, commitments and forecasts. You will collaborate with finance, procurement and project teams on cost reporting and variance analysis.

Location is on-site in Gurugram, with a 48-hour weekly schedule, focusing on pre/post-contract cost control, reporting, and data-driven decision support for client projects.

Responsibilities

• Implement cost control systems and procedures to track budgets, commitments, expenditures and forecasts for medium complexity projects.
• Provide cost information to support decision making and alternative selection.
• Evaluate contractor invoices prior to submission into client Finance systems for pre-approval.
• Utilize SAP (or similar) data and input to cost reports and validate spending.
• Evaluate and analyze bids and provide recommendations for decision making.
• Provide forecasts and cash flow analysis for projects.
• Maintain and manage the cost report with regular updates on financial position.
• Assist in development, validation and maintenance of project schedules.
• Develop reporting tracking tools and generate cost reports including earned value evaluation.
• Support Change Management coordination for projects.
• Build complex spreadsheets for fast data manipulation of large datasets.
• Extract and transform data from multiple sources to fit operational needs; reconcile data for audit trails.

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.

Key Responsibilities

• 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.

Location: On-site –Gurugram, HR

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.

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.

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.

JLL Privacy Notice Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously. Generally the personal information we collect from you are for the purposes of processing in connection with JLL’s recruitment process. We endeavour to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our Candidate Privacy Statement. For additional details please see our career site pages for each country.

At JLL, we give you the opportunity, knowledge and tools to own your success, because we value what makes each of us unique. We help our people thrive, grow meaningful careers and find a place where they belong. Together, we strive to be exceptional and shape a better world. For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with operations in over 80 countries around the world, our employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.