Professional, Project Cost Management

Overview

Cost Manager role in JLL's Project and Development Services, Cost Management team, working alongside the Senior Cost Manager to deliver a project from pre-design through completion.

What you'll do

• Assemble and lead project teams, monitor their performance, and create the organisational structure, project objectives and working procedures for the teams.
• Set up clear project cost plans and allot sufficient budget to achieve optimal results and meet the company's target profits.
• Attend project meetings as required, develop monthly reports and carry out contract administration.
• Oversee negotiations, analyses and promotion of quality control systems.
• Fully understand, collect and deliver clients' requirements.
• Help schedule or plan establishment, value engineer, and manage design change.
• Assist the contract manager in procurement and variation order (VO) management.
• Support the construction manager in installation, site inspection and contractor management.
• Prepare BOQs, quantity surveys and quantity take-offs, and cost analysis for each BOQ line item as required for each project.
• Carry out benchmarking, and review and standardise specifications.
• Apply sound technical knowledge of Civil / MEP aspects as applicable.
• Manage procurement from a cost management perspective, finalise commercials with vendors, and handle rate contracts as applicable.
• Implement, administer and maintain cost control systems and procedures to track budgets, commitments, expenditures and forecasts.
• Prepare and review cost estimates and schedules for projects of medium complexity and value.
• Provide cost information to support decision-making and alternative selection.
• Evaluate contractor invoices before submission into client finance systems for pre-approval.
• Use information from SAP (or similar) to input into the cost report and validate spending.
• Evaluate and analyse bids and recommend decisions.
• Provide forecasts and cash flow analysis, and maintain and manage the cost report with regular updates on financial position.
• Assist in developing, validating and maintaining the project schedule.
• Develop reporting and tracking tools and generate cost reports regularly, including evaluation of earned value.
• Support coordination of the change management process for the project.
• Build intricate spreadsheets for fast and accurate manipulation of large data sets; extract data from several sources and transform it to fit operational needs.
• Reconcile data to ensure complete accuracy and a clean audit trail.
• Pre-contract: develop cost plans and estimates through the design phase with updated cost plans at design milestones; provide commercial input to design optioneering and value engineering; review contractor and subcontractor pricing and lead negotiations on behalf of the client.
• Post-contract: perform quantity surveying, cost controls and change management throughout the project life cycle; manage post-contract cost variances and change control; ensure cost auditing and valuation work and a robust cost validation process; produce monthly cost reports for the client; ensure final accounts are negotiated and agreed in a timely manner; compile as-built cost estimate records for benchmarking.
• Represent and promote the company and its clients throughout the project, identifying client needs and constraints.
• Create an environment where team members are encouraged to contribute, and actively search for and empower the team to implement improvement opportunities.

What you'll need

• A degree in a relevant property-related discipline.
• Established professional standing within design, construction and cost management.
• High-level management skills.
• A proven track record in profit planning, business development, networking and marketing.
• Strong written and spoken English and strong communication skills.

Details

• Location: On-site, Bengaluru, Karnataka (Bangalore/India).
• Scheduled weekly hours: 48.