Assistant Cost Manager

About the Role

The Assistant Cost Manager – Project and Development Services (Cost Management) will be based in Bangalore and will work side‑by‑side with a cost manager or senior cost manager to ensure project success from pre‑design through completion. You will assemble and lead various project teams, monitor performance, and create organisational structures, project objectives and working procedures. In this role you will develop clear project cost plans, allocate sufficient budgets to meet target profits, attend project meetings, prepare monthly reports and carry out contract administration. You will also oversee negotiations, quality‑control systems, and ensure full understanding and delivery of client requirements while supporting schedule establishment, value engineering and design‑change management. You will prepare BOQs, perform quantity surveying and take‑offs, conduct cost analysis for line items, benchmark specifications, and apply technical knowledge on civil/MEP aspects. Additionally, you will finalise commercial terms with vendors, manage rate contracts, boost client relationships and support the construction manager with installations, site inspections and contractor management. The ACM is responsible for implementing and maintaining cost control systems to track budgets, commitments, expenditures and forecasts, and to assist in preparing cost estimates and schedules for medium‑complexity projects. Responsibilities include evaluating contractor invoices, using SAP (or similar) data for cost reporting, providing forecasts and cash‑flow analysis, and maintaining regular updates on the financial position. Pre‑contract duties involve developing cost plans through design phases, delivering commercial input for design optioneering, reviewing pricing and leading negotiations to secure fair contract prices. Post‑contract duties cover quantity surveying, change management, cost auditing, monthly cost reporting to clients, timely final‑account negotiation, and compiling as‑built cost records for benchmarking. • Lead project teams, set objectives and organizational structures. • Develop and maintain detailed project cost plans and budgets. • Attend project meetings, prepare monthly cost reports, and manage contract administration. • Oversee negotiations, quality‑control systems, and ensure client requirements are met. • Prepare BOQs, conduct quantity surveying, take‑offs, and cost analysis for line items. • Benchmark and standardize specifications; apply civil/MEP technical knowledge. • Finalize commercial terms with vendors and manage vendor relationships. • Implement cost control systems to track budgets, commitments, expenditures and forecasts. • Evaluate contractor invoices and provide pre‑approval for finance systems. • Utilize SAP (or similar) data to generate cost reports and cash‑flow forecasts. • Build and maintain spreadsheets for large data manipulation and audit‑ready reconciliation. • Develop pre‑contract cost estimates, support design optioneering and value engineering. • Perform post‑contract cost control, change management, and cost auditing throughout project life‑cycle. • Produce monthly cost presentations for clients and negotiate final accounts promptly.

Key Responsibilities

• ▸cost planning
• ▸cost reporting
• ▸quantity surveying
• ▸sap analytics
• ▸vendor management
• ▸change management

What You Bring

The ideal candidate holds a degree in a relevant property‑related discipline, has extensive experience in design, construction and cost management, and demonstrates high‑level management, profit‑planning and business‑development skills. Strong written and spoken English communication, team‑leadership ability and a drive for continuous improvement are essential. • Hold a relevant property‑related degree, extensive design/construction/cost management experience, and strong English communication skills.

Requirements

• ▸relevant degree
• ▸design experience
• ▸construction experience
• ▸cost management
• ▸english communication
• ▸team leadership

Benefits

JLL offers a competitive total rewards program, an entrepreneurial and inclusive work environment, on‑site work in Bengaluru with a 48‑hour weekly schedule, and a commitment to helping employees realise their full potential.

Work Environment

Office Full-Time