At a Glance
- Tasks: Manage costs and optimise commercial excellence for a leading asset management 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 role with opportunities for continuous improvement and professional development.
- Why this job: Make a real impact in cost management while working with top professionals.
- Qualifications: 7+ years in commercial property cost management and strong communication skills.
The predicted salary is between 35000 - 45000 £ 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 Manager in London employer: Jones Lang LaSalle Incorporated
At JLL, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation in the heart of London. Our commitment to employee growth is evident through continuous professional development opportunities and a supportive environment where every team member can thrive. Join us to be part of a forward-thinking team dedicated to shaping a brighter future in real estate, while enjoying the unique advantages of working in one of the world's most vibrant cities.
Contact Details:
Jones Lang LaSalle Incorporated Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Cost Manager in London
✨Get Involved in Local Property Events
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Got your eye on a specific company like Jones Lang LaSalle Incorporated? 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 Jones Lang LaSalle Incorporated's careers page directly; we love seeing passionate candidates applying through our website!
We think you need these skills to ace Cost Manager in London
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 Manager role at Jones Lang LaSalle Incorporated, 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 Jones Lang LaSalle Incorporated
✨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 Jones Lang LaSalle Incorporated 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 Jones Lang LaSalle Incorporated. 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 Jones Lang LaSalle Incorporated.
