At a Glance
- Tasks: Manage cost optimisation and commercial excellence for a leading real estate portfolio.
- Company: Join JLL, a global leader in real estate and investment management.
- Benefits: Competitive salary, career growth, and a supportive work environment.
- Other info: Embrace a culture of innovation and continuous improvement.
- Why this job: Shape the future of real estate while making a meaningful impact.
- Qualifications: 7+ years in commercial property cost management and strong analytical skills.
The predicted salary is between 40000 - 50000 £ per year.
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. Whether you’ve got deep experience in commercial real estate, skilled trades or technology, or you’re looking to apply your relevant experience to a new industry, join our team as we help shape a brighter way forward.
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 in London 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 in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
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Don’t shy away from reaching out directly to firms like JLL. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Cost & Commercial Analyst in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to JLL.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on JLL's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at JLL
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with JLL.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at JLL will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former JLL employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
