Assistant Cost Lead

Year    Bangalore, Karnataka, India

Job Description


JLL empowers you to shape a brighter way.Our people at JLL and JLL Technologies 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 youve got deep experience in commercial real estate, skilled trades or technology, or youre looking to apply your relevant experience to a new industry, join our team as we help shape a brighter way forward.Asst Cost LeadProject and Development ServicesWhat this job involves:Steering projects at the helmTo be stationed in Bangalore, youll work side-by-side with the cost manager or senior cost manager to ensure the success of a project from its pre-design phase to its completion. Youll assemble and lead various project teams; and monitor the teams performance, and bring out the best in every team member. Youre 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 companys target profits. Also part of your job is to attend project meetings as required, develop monthly reports and carry out contract administration. Furthermore, youll 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. Youll also assist the contract manager in all related procurement and VO management. On top of that, youll support the construction manager in all related installation, site inspection and contractor management, Prepare BOQs, 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 relationshipsHelping clients achieve success is what JLL does best and your role is an extension of this tradition. To effectively help our clients, youll 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 youll also represent and promote the company throughout the project.The ACL 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.
Location:On-site -Bengaluru, KAIf this job description resonates with you, we encourage you to apply even if you dont meet all of the requirements. Were interested in getting to know you and what you bring to the table!JLL Privacy NoticeJones 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 JLLs 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 .For additional details please see our career site pages for each country.For candidates in the United States, please see a full copy of our Equal Employment Opportunity and Affirmative Action policy .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 contact us at . This email is only to request an accommodation. Please direct any other general recruiting inquiries to our page
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Job Detail

  • Job Id
    JD3434633
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Bangalore, Karnataka, India
  • Education
    Not mentioned
  • Experience
    Year