Commercial and Cost lead- CM Projects Mumbai

JLL supports the Whole You, personally and professionally.

Our people at JLL are shaping the future of real estate for a better world by combining world class services, advisory and technology to our clients. We are committed to hiring the best, most talented people in our industry; and we support them through professional growth, flexibility, and personalized benefits to manage life in and outside of work. Whether you’ve got deep experience in commercial real estate, skilled trades, and technology, or you’re looking to apply your relevant experience to a new industry, we empower you to shape a brighter way forward so you can thrive professionally and personally.

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

Coordinate and liase closely with central CM cost team to ensure objectives are met

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
• Track revenues, JLL billing, Vendor billing on regular basis at city level

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

At JLL, we offer an inclusive work environment where your contributions drive meaningful impact in the services we offer. As our Commercial Manager, you'll have opportunities for professional growth, competitive compensation, and the chance to shape the future of the Buisness in one of India's most dynamic markets. Join our team and be part of JLL's continued success story and beyond."

If this job description resonates with you, we encourage you to apply even if you don’t meet all of the requirements below. We’re interested in getting to know you and what you bring to the table!

Personalized benefits that support personal well-being and growth:

JLL recognizes the impact that the workplace can have on your wellness, so we offer a supportive culture and comprehensive benefits package that prioritizes mental, physical and emotional health.

About JLL –

We’re JLL—a leading professional services and investment management firm specializing in real estate. We have operations in over 80 countries and a workforce of over 102,000 individuals around the world who help real estate owners, occupiers and investors achieve their business ambitions. As a global Fortune 500 company, we also have an inherent responsibility to drive sustainability and corporate social responsibility. That’s why we’re committed to our purpose to shape the future of real estate for a better world. We’re using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people, and our communities.

Our core values of teamwork, ethics and excellence are also fundamental to everything we do and we’re honored to be recognized with awards for our success by organizations both globally and locally.

Creating a diverse and inclusive culture where we all feel welcomed, valued and empowered to achieve our full potential is important to who we are today and where we’re headed in the future. And we know that unique backgrounds, experiences and perspectives help us think bigger, spark innovation and succeed together.