Construction Cost Estimator

JLL•Raleigh, NC

3d•Onsite

About The Position

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.

Requirements

Ability to work and communicate effectively within cross-functional teams and interact with internal and external clients and stakeholders
Strong understanding of real estate asset management
Highly organized with attention to detail
Strong analytical skills and mathematical abilities

Nice To Haves

Bachelor’s degree from an accredited institution in Accounting, Business, Architecture, Engineering, or Construction Management strongly preferred
5-10 years of construction, estimating or project controls experience
Knowledge of industry standards and market conditions, costs, and cost databases
Broad background of project management budgets and schedules
Proficiency in estimating software and spreadsheets

Responsibilities

Support the development and recommendations of cost estimates for projects in the account/Client Real Estate multi-year capital plan
Review capital plan annually and adjust budget estimates based on market conditions and other factors that impact costs
Review, develop, track, and update detailed cost estimates and budgets during project development and design for inclusion in project funding packages
Interact and collaborate with various internal and external clients, stakeholders, internal service providers, project managers, and vendors during development of ROM and detailed budgets
Function as SME and consultant assisting with cost monitoring, solutioning, value engineering, vendor proposal and bid evaluation, and closeout reconciliation
Compare budget costs to benchmark pricing information, analyze quantities, and scope items
Support in developing and maintaining project historical cost benchmark for various project types
Prioritize requests to meet or exceed the Client’s expectations
Provide superior client service through objective recommendations
Enhance overall cost controls service delivery by increasing efficiency and improving processes
Enhance own professional and personal skills
Provide and maintain accurate and organized records of cost estimates including detailed breakdowns of costs, assumptions, and risk assessments
Inform risk register and contingency cost allocations regarding known or possible market, pricing, or supply chain events that may potentially affect project execution or delivery
Maintain understanding and impacts of market conditions in Client’s territories where projects are being executed and stay updated on industry best practices and market trends
Build rapport with internal and external stakeholders including Client’s Real Estate team and internal service providers, project management team, design partners, and contractors
Adhere to standard cadence of check-ins with internal and external stakeholders to verify alignment of project understanding, assumptions, and factors impacting costs and provide comparison feedback to project management and Client Real Estate teams
Periodically compare and verify actual costs against approved budgets and detailed cost estimates then track and report any deviations, variances, or risks
Comply with all JLL policies and procedures, including but not limited to ethics and business practice