Cost & Commercial Analyst

Cost & Commercial Analyst

Full-Time 65000 - 78000 £ / year (est.) No working from home possible
Jones Lang LaSalle Incorporated

At a Glance

  • Tasks: Manage cost optimisation and commercial excellence for a leading real estate portfolio.
  • Company: Join JLL, a forward-thinking company shaping the future of real estate.
  • Benefits: Competitive salary, career growth, and a supportive work environment.
  • Other info: Dynamic team culture with opportunities to innovate and excel.
  • Why this job: Make a real impact in commercial property management and drive efficiency.
  • Qualifications: 7+ years in cost management or procurement; RICS or CIPS membership preferred.

The predicted salary is between 65000 - 78000 £ 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.

Reporting to: Property Delivery Lead

Location: London

Summary

The Cost Manager is 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 Manager 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

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: Jones Lang LaSalle Incorporated

At Jones Lang LaSalle Incorporated, we pride ourselves on fostering a dynamic work culture that prioritises health and safety while empowering our employees to grow professionally. As an HSSEQ Client Lead in London, you will benefit from comprehensive training opportunities, a supportive team environment, and the chance to make a meaningful impact on client operations. Join us to be part of a forward-thinking company that values your contributions and promotes a customer-centric approach.

Jones Lang LaSalle Incorporated

Contact Details:

Jones Lang LaSalle Incorporated Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Cost & Commercial Analyst

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We think you need these skills to ace Cost & Commercial Analyst

Cost Optimisation
Commercial Excellence
Procurement Processes
Cost Analysis
Supplier Relationship Management
Financial Reporting
Contract Optimisation

Some tips for your application 🫡

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Include Certifications and Qualifications:Don’t forget to list any certifications relevant to construction, like CSCS cards or other safety qualifications. These can really set you apart from other candidates and show that you’re serious about health and safety on-site.

Tailor Your Cover Letter to Construction:When writing your cover letter for a construction role, focus on your problem-solving capabilities and teamwork. Construction relies heavily on collaboration, so mention how you’ve worked successfully with others to complete projects on time and within budget.

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How to prepare for a job interview at Jones Lang LaSalle Incorporated

Brush Up on Technical Knowledge

For a construction role, it's crucial we have a solid grasp of industry standards, safety protocols, and specific tools used on-site. Make sure you're familiar with relevant regulations and can talk confidently about them, as these often come up in interviews.

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Understand the Team Dynamics

Construction is all about teamwork, so prepare to discuss how you interact with different stakeholders like architects, engineers, and contractors. Maybe think of examples from past experiences to illustrate your ability to communicate and collaborate effectively.

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