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Commercial and Cost Lead

Jones Lang LaSalle Property Consultants (India) Pv t. Ltd.

12 - 16 years

18 - 25 Lacs

Mumbai

Posted:4 days ago| Platform:

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Skills Required

Commercial management Project Execution project management procurement financial reporting cost management quantity surveying

Work Mode

Work from Office

Job Type

Full Time

Job Description

Position Overview

The Commercial and Cost Manager oversees all financial aspects of design & build projects from initial pitching stage through to project close-out. This role is responsible for developing accurate cost estimates, budget planning, financial risk management, and providing strategic cost advice that supports successful project delivery while maintaining profitability. The position plays a crucial role in securing new business and ensuring financial performance throughout the project lifecycle.

Key Responsibilities

Pitching & Pre-Contract Stage

Develop cost models and estimates for proposals based on conceptual designs

Identify value engineering opportunities to enhance bid competitiveness

Prepare cost-related proposal content and support pitch presentations

Conduct risk assessments and develop contingency recommendations

Project Execution

Establish project budgets and implement cost control systems

Prepare cost reports and manage payment validation processes

Assess variation orders and identify cost recovery strategies

Update forecasts and maintain cost databases throughout the project

Financial Governance

Conduct cost reviews and manage contingency allowances

Advise design teams on budget compliance

Track project profitability and support supplier negotiations

Analyze financial impacts of design changes

Project Execution

Establish project budgets and implement cost control systems

Prepare cost reports and manage payment validation processes

Assess variation orders and identify cost recovery strategies

Update forecasts and maintain cost databases throughout the project

Direct onsite teams to maintain accurate cost data and scrutinize/ Audit the same

on regular basis

Review and monitor vendors cost performance and highlight findings on a regular basis

Financial Governance

Conduct cost reviews and manage contingency allowances

Advise design teams on budget compliance

Track project profitability and support supplier negotiations

Analyze financial impacts of design changes

Qualifications

Bachelor's degree in BE Civil, Quantity Surveying, Construction Management, or related field

Professional certification in cost management or quantity surveying preferred

12 + years of experience in cost management for design & build projects

Strong knowledge of construction methodologies, materials, and market conditions

Experience with cost estimating software and project management tools

Understanding of contract types and procurement strategies

Skills & Attributes

Excellent analytical and numerical abilities

Strong negotiation and commercial skills

Attention to detail and accuracy in financial reporting

Strategic thinking to identify cost optimization opportunities

Effective communication skills to explain complex financial concepts

Problem-solving approach to budget challenges

Ability to work under pressure and meet deadlines

Scheduled Weekly Hours:

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Commercial and Cost Lead