At a Glance
- Tasks: Manage commercial excellence and cost optimisation for a leading real estate portfolio.
- Company: Join JLL, a global leader in real estate and investment management.
- Benefits: Inclusive workplace, career growth opportunities, and a commitment to diversity.
- Other info: Embrace a dynamic environment with a focus on innovation and collaboration.
- Why this job: Shape the future of real estate while delivering optimal value and efficiency.
- Qualifications: 7+ years in commercial property cost management and strong analytical skills.
The predicted salary is between 65000 - 78000 £ per year.
This job is with JLL, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. JLL empowers you to shape a brighter way. Our people at JLL 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.
Summary
Responsible for managing commercial excellence and cost optimisation across the Royal London Asset Management (RLAM) portfolio. The role ensures that maximum value for money is achieved while maintaining operational service standards, so that the portfolio operates at peak commercial efficiency.
Purpose
The Cost Commercial Analyst ensures that all commercial activities and supplier relationships deliver optimal value whilst supporting the operational objectives of the TSM and SSM teams. The role requires effective management of commercial relationships, procurement processes, and cost analysis to deliver services within agreed budgets while identifying continuous improvement opportunities.
Responsibilities
- Provide specialist commercial advice and cost optimisation strategies to support operational excellence
- Ensure procurement regulations, commercial compliance, and best practice procurement standards are delivered
- Foster and develop commercial relationships between the Property Delivery management team, suppliers, and stakeholders to create optimal value delivery
- Effectively manage commercial aspects of supplier relationships including cost performance monitoring and contract optimisation
- Conduct regular commercial reviews and ensure cost performance indicators and financial reports are completed accurately and promptly
- Ensure all contracts deliver value within agreed budgets and continuously seek cost reduction opportunities
- Lead in commercial analysis for the portfolio at individual building level, ensuring optimal cost performance is achieved and reported
- Contribute to the development of commercial frameworks and cost management platforms through data analysis and commercial insight
- Provide commercial expertise for newly completed buildings and ensure cost-effective transition into operational management
- Ensure commercial compliance and cost optimisation for special projects and customer requirements
Qualifications
- Minimum 7+ years of experience in commercial property cost management or specialist procurement role
- Professional membership of RICS, CIPS, or equivalent commercial qualification
- Proven track record of delivering measurable cost savings and commercial improvements
- Ability to communicate commercial subjects to non-commercial stakeholders and team members
- Ability to produce detailed commercial reports and financial analysis
- Expertise in managing commercial change processes and promoting cost optimisation best practice
Location: On-site - London, GBR
If this job description resonates with you, we encourage you to apply even if you don't meet all of the requirements. We're interested in getting to know you and what you bring to the table!
Cost & Commercial Analyst employer: JLL
At JLL, we pride ourselves on being an excellent employer that fosters innovation and collaboration in the dynamic field of workplace management. Our inclusive work culture encourages professional growth through diverse projects and networking opportunities, making it an ideal environment for those looking to advance their careers while contributing to impactful initiatives. Located in a vibrant area, our team enjoys not only competitive benefits but also the chance to be part of transformative projects with leading businesses worldwide.
StudySmarter Expert Advice🤫
We think this is how you could land Cost & Commercial Analyst
✨Get Involved in Local Property Events
Dive into local property expos and networking events! Real estate thrives on connections, so attending these events helps us meet potential employers and industry leaders, plus it's a chance to show off your enthusiasm for the field.
✨Connect with Local Agents on Social Media
Follow and engage with local real estate agents and firms on platforms like Instagram and LinkedIn. Sharing their posts and commenting with your insights can put you on their radar and might even lead to job opportunities at companies like JLL.
✨Don’t Underestimate the Power of Cold Outreach
Got your eye on a specific company like JLL? Don't hesitate to send a direct message or an email expressing your interest. Personalise your approach, maybe mentioning a recent listing or project of theirs, and it could set you apart from other candidates.
✨Utilise Property Management Platforms
Check out property management platforms and job boards tailored for the real estate sector. They often have exclusive listings, especially for full-time roles. Don't forget to visit JLL's careers page directly; we love seeing passionate candidates applying through our website!
We think you need these skills to ace Cost & Commercial Analyst
Some tips for your application 🫡
Show Your Real-Estate Savvy:When crafting your CV and cover letter, make sure to highlight any relevant experience in the real estate sector. If you've done internships, assistant roles, or even relevant coursework, lay it out clearly. We want to see your familiarity with market trends, property management, or any sales experience you've got under your belt!
Quantify Your Achievements:In real estate, numbers speak volumes! When detailing your past roles, use concrete figures to demonstrate your achievements. For example, mention how many properties you sold, the percentage increase in client satisfaction, or any successful negotiations. These metrics can give your application that extra punch it needs!
Tailor Your Documents for the Job:Every application should feel personal. When applying for the Cost & Commercial Analyst role at JLL, tweak your CV to focus on aspects that are important to them. If they value client relationships, emphasise your interpersonal skills. We want to see you aligning your experiences with what they're looking for!
Keep It Professional Yet Approachable:While we want you to show off your expertise, don't forget to let your personality shine through in your cover letter. A touch of friendliness can set you apart, especially in real estate where client interaction is key. Show that you're ready not just to work with the property but also with people!
How to prepare for a job interview at JLL
✨Know Your Market Trends
In real estate, it’s all about staying ahead of the curve. Make sure we brush up on the latest market trends in the area where JLL operates. Being able to discuss local property values, demand, and upcoming developments will show that we’re not just interested in the job, but genuinely invested in the industry.
✨Prepare for Scenario Questions
Expect some scenario-based questions during the interview. We might get asked how we’d handle different client situations or property evaluations. Preparing our responses for common real estate scenarios not only demonstrates our problem-solving skills but also shows that we can think on our feet in a client-facing role.
✨Showcase Your Connections
In full-time real estate, networking is key! Let’s think about our connections in the industry and what we can bring to JLL. Whether it’s insights on prospective clients or relationships with local contractors, talking about these experiences can set us apart from other candidates.
✨Demonstrate Technical Savvy
Familiarity with different real estate software tools is a big plus. We should be ready to discuss any platforms we've used, whether it's for property management, CRM, or data analysis. Being comfortable with technology not only makes us more efficient, but also shows that we’re adaptable to the tools used at JLL.
