Cost Manager

2 weeks ago

Ahmedabad, India Turner and Townsend Pvt. Ltd. Full time

- We are seeking an experienced and detail-oriented Cost Manager to lead cost planning, budgeting, and financial control activities across multiple projects in Bangalore.- The ideal candidate will play a strategic managerial role in ensuring cost efficiency, optimizing project spending, and maintaining financial discipline throughout the project lifecycle.- This position demands a strong background in cost management, stakeholder coordination, and data-driven decision-making.Key Responsibilities:- Lead the development, implementation, and monitoring of cost management processes and systems across all active projects.- Oversee the preparation of cost estimates, budgets, and forecasts to support project planning and execution.- Analyze project financial performance, identify variances, and provide corrective recommendations to maintain budget adherence.- Manage cost reporting, cash flow analysis, and earned value management to ensure transparency and control.- Collaborate with project managers, procurement, and finance teams to optimize resource utilization and cost efficiency.- Lead periodic cost review meetings with senior leadership, providing insights and strategic input for decision-making.- Establish and enforce cost control standards, policies, and best practices across departments.- Mentor and guide junior cost engineers or analysts to ensure accuracy and consistency in reporting.- Support contract negotiations, change order assessments, and risk evaluations from a cost perspective. - Stay updated on market trends, material costs, and benchmarking data to enhance forecasting accuracy.Qualifications and Skills:- Bachelor's degree in Quantity Surveying, Finance, Engineering, or a related discipline; Master's preferred.- 8-12 years of experience in cost management, ideally in construction, infrastructure, or large-scale industrial projects.- Strong knowledge of cost control systems, budgeting software, and ERP platforms.- Excellent leadership, analytical, and stakeholder management skills.- Professional certifications (RICS, CCP, or equivalent) will be an added advantage.Why Join Us:- Be part of a dynamic organization driving large-scale growth and innovation.- As Cost Manager, you'll lead cost governance initiatives that ensure financial success and operational excellence across high-impact projects (ref:iimjobs.com)

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