Job Description

Job Summary

We are seeking a detail-oriented and commercially astute Assistant Cost Manager - Procurement to support procurement operations and cost management activities across projects. The role will be responsible for managing procurement strategies, vendor sourcing, contract administration, cost analysis, and ensuring value-driven purchasing decisions while maintaining quality, compliance, and project timelines.

Key Responsibilities

Procurement Management

- Execute procurement strategies aligned with project and organizational objectives.
- Manage end-to-end procurement activities, including sourcing, RFQs/RFPs, bid evaluations, negotiations, and purchase order issuance.
- Identify and evaluate suppliers and subcontractors to ensure competitive pricing and quality standards.
- Develop and maintain solid relationships with vendors and stakeholders.

Cost Management & Commercial Support

- Perform cost analysis, benchmarking, and market intelligence assessments to identify cost-saving opportunities.
- Support budgeting, forecasting, and cost planning activities.
- Monitor procurement costs against approved budgets and project targets.
- Assist in preparing cost reports, procurement dashboards, and management presentations.




- Evaluate commercial risks and propose mitigation measures.

Contract Administration

- Assist in drafting, reviewing, and administering supplier and subcontractor agreements.
- Ensure contractual obligations, commercial terms, and service levels are properly managed.
- Support claims management, variations, and contract closeout processes.

Supplier Performance Management

- Monitor supplier performance, delivery schedules, quality compliance, and service standards.
- Conduct supplier evaluations and performance reviews.
- Drive continuous improvement initiatives with vendors to enhance efficiency and reduce costs.

Stakeholder Collaboration

- Work closely with project teams, finance, legal, and operations departments to align procurement activities with project requirements.
- Provide procurement and commercial insights during project planning and execution stages.
- Ensure timely procurement support to meet project milestones.

Compliance & Governance

- Ensure procurement activities comply with company policies, ethical standards, and regulatory requirements.
- Maintain accurate procurement documentation and audit-ready records.
- Promote best practices in procurement governance and risk management.

📌 Assistant Cost Manager - Procurement, Bangalore (Bengaluru)
🏢 Turner & Townsend
📍 Bengaluru