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 prospects.
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 (India)
🏢 Turner & Townsend
📍 India