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.
Job Title: Cost Manager
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
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- 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 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.
