Senior Cost Manager - Procurement, Bangalore
Who is Turner & Townsend?
All over the world people are using buildings, infrastructure, and assets we helped to deliver. It could be the hospital they work in, the railway they travel on every day, the fuel that powers their car or the data centre they depend on at work. For more than 75 years we’ve been helping to deliver transformational programmes across the real estate, infrastructure and natural resources sectors, making a difference to people’s lives and ensuring a return on investment for our clients and their investors.
Our purpose:
Transforming performance for a green, inclusive, and productive world.
The world is changing and we have a responsibility to support that change, helping drive it and be part of it. Through the commitment, capability and care our team brings, we build trust between clients, suppliers, governments and society. Delivering better outcomes that have a positive impact on the world around us. We work smarter to face the challenges of the future; bringing the clarity that helps teams realise their full potential across the real estate, infrastructure and natural resources sectors. It’s how we’ve made the difference for more than 75 years.
Our values:
Love a challenge: We love a challenge and we work hard to make change happen and see things through. We don’t stand still, challenging ourselves and others to do better every day. And we are trusted to do the right thing, raising standards all the time.
Stronger together: We’re stronger together by connecting people in diverse teams, so that we can all collaborate to deliver our best work. We focus on what matters and use our influence to build a better world for everyone.
Bring out the best in everyone: We bring out the best in everyone. We help each other to make the most of our potential, always learning from our experience. We treat each other with care and respect and make time to give everyone a voice
Job Summary
We are seeking an experienced Senior Cost Manager - Procurement to lead strategic sourcing, procurement planning, cost optimization, and supplier management initiatives. The ideal candidate will have strong expertise in procurement lifecycle management, contract negotiations, category management, budgeting, and cost control across large-scale projects or organizational operations. This role will play a critical part in delivering procurement excellence, achieving cost savings, managing supplier relationships, and ensuring compliance with company policies and industry standards.
Key Responsibilities
Procurement Strategy & Cost Management
- Develop and execute procurement strategies aligned with business objectives and project requirements.
- Lead cost planning, benchmarking, spend analysis, and value engineering initiatives.
- Identify opportunities for cost reduction, process optimization, and improved procurement efficiency.
- Establish procurement budgets and monitor expenditure against approved plans.
- Drive total cost of ownership (TCO) analysis for major procurement decisions.
Sourcing & Supplier Management
- Lead end-to-end sourcing activities including RFQs, RFPs, tender management, bid evaluation, and vendor selection.
- Build and maintain strategic relationships with suppliers, contractors, and service providers.
- Evaluate supplier performance through defined KPIs and implement corrective actions when required.
- Develop supplier risk mitigation strategies and ensure supply continuity.
Contract & Commercial Management
- Lead commercial negotiations and secure favorable contractual terms.
- Review and manage procurement contracts, service agreements, and purchase orders.
- Ensure contractual compliance and mitigate commercial risks.
- Support dispute resolution and contract administration activities.
Stakeholder Management
- Collaborate closely with Finance, Operations, Engineering, Projects, and senior leadership teams.
- Provide procurement and cost advisory support for key business initiatives.
- Present procurement performance reports, savings achievements, and market intelligence to senior management.
Governance & Compliance
- Ensure adherence to procurement policies, ethical sourcing standards, and regulatory requirements.
- Maintain procurement documentation, audit trails, and reporting systems.
- Promote best practices in procurement governance and risk management.
Team Leadership
- Mentor and develop procurement professionals and category managers.
- Drive a high-performance culture focused on accountability, collaboration, and continuous improvement.
- Lead cross-functional procurement projects and strategic initiatives.
Required Qualifications
- Bachelor's Degree in Engineering, Supply Chain, Business Administration, Finance, Quantity Surveying, or related discipline.
- Master's Degree/MBA preferred.
- Professional certifications such as CIPS, CPSM, PMP, MRICS, or equivalent are advantageous.
Experience Requirements
- 10-15 years of progressive experience in Procurement, Commercial Management, Strategic Sourcing, or Cost Management.
- Proven track record in managing high-value procurement portfolios and supplier negotiations.
- Experience in industries such as Construction, Infrastructure, Real Estate, Manufacturing, Energy, Data Centers, or Industrial Projects is preferred.
- Strong experience in contract management and cost control methodologies
Our inspired people share our vision and mission. We provide a great place to work, where each person has the opportunity and voice to affect change.
We want our people to succeed both in work and life. To support this we promote a healthy, productive and flexible working environment that respects work-life balance.
Turner & Townsend is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees and actively encourage applications from all sectors of the community.
Please find out more about us at www.turnerandtownsend.com/
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