Associate Manager

Job Category Construction Property Development Project Management About Business Adani Group Adani Group is a diversified organisation in India comprising 10 publicly traded companies It has created a world-class logistics and utility infrastructure portfolio that has a pan-India presence Adani Group is headquartered in Ahmedabad in the state of Gujarat India Over the years Adani Group has positioned itself to be the market leader in its logistics and energy businesses focusing on large-scale infrastructure development in India with O M practices benchmarked to global standards With four IG-rated businesses it is the only Infrastructure Investment Grade issuer in India Adani Realty Adani Realty is the real estate arm of one of India s leading infrastructure and development entities - Adani Group With resolute commitment to Nation Building and Growth with Goodness we are developing real estate projects in the most promising destinations integrating design aesthetics with cutting-edge construction technology Job Purpose The Incharge - Project QSE is responsible for managing and monitoring all Quantity Surveying QS and Estimation E activities at the BU Business Unit level This role ensures effective cost control accurate budgeting and timely cost reporting throughout the project s lifecycle for all Projects under BU Region The Incharge will be responsible and accountable for the preparation of Budgets and Cost estimates track and report on actual costs and ensure that cost-related risks are identified and mitigated The position requires close collaboration with project teams cost consultants and other stakeholders to ensure adherence to budgets optimize costs and manage change orders efficiently Responsibilities Incharge - Project QSE Cost Estimation and Budgeting Preparation of Project Budgets at various stages including detailed cost estimates cost summarization budget assumptions etc and initiating Budget Sign off Conduct Review and validate quantity take-offs from design drawings and assess the cost impact of any changes Preparation inhouse or by Cost Consultant and validation of BOQs for all civil and MEPF services and validate quantity take-offs from design drawings and assess the cost impact of any changes Assessing rates for BOQ items based on reference rates from similar ongoing projects Provide detailed cost estimates for pre-construction construction and post-construction stages ensuring compliance with project specifications Coordination with Cost Consultant Validation Coordinating with cost consultants and validating their QS and Estimation E work to ensure compliance with regional standards and project requirements Reviewing and correcting any discrepancies in the QS and Estimation data provided by the cost consultants Clarifying bidder queries regarding BOQs and quantification and supporting the TC team as needed Monitoring escalation and contingencies budget provisions and ensuring alignment with approved budgets Collaboration with Project Teams and Stakeholders Work closely with project managers cost consultants and billing engineers to ensure accurate cost tracking and reporting Cascade down project cost responsibilities to team members and ensure adherence to budgeting processes Support the project team in managing cost-related queries including clarifying BOQs material pricing and any potential changes in scope Change Management and Variance Control Monitor and manage change orders extra items quantity variations and claims ensuring these are accurately recorded and validated Evaluate cost implications of design changes and other adjustments recommending alternatives or corrective actions Monitor escalation and contingency provisions initiating approval for allocation where required AOP Monitoring and Tracking Providing essential inputs on costing workflow and cash flow for the region s Annual Operating Plan AOP Monitoring AOP performance at the regional level comparing actuals to planned figures and analyzing variances to identify corrective actions Cost Reporting and Documentation Prepare regular cost reports e g CTC reports for the project highlighting variances risks and corrective actions Track and report on actual cost incurred versus committed costs ensuring data is captured in project management systems Maintain accurate records of all cost-related documents including invoices change orders and budget amendments Monitor and track project costs at all stages ensuring alignment with the approved budget Compare actual project costs to the budgeted costs and identify variances providing analysis and corrective action recommendations Ensure effective implementation of cost control measures and flag potential cost risks including escalation and contingency provisions Value Engineering and Cost Optimization Conduct and Participate in value engineering workshops to identify cost-saving opportunities and optimize design and material choices Review and validate cost estimates for each design option ensuring the project achieves cost efficiency without compromising on quality Suggest and implement cost optimization strategies throughout the project lifecycle Risk Identification and Mitigation Proactively identify cost-related risks including material price fluctuations labor availability and project delays and develop mitigation strategies Ensure that any risks impacting project costs are communicated and addressed in a timely manner Audit and Compliance Ensure that all QS and Estimation work across all projects in the BU Region is compliant with SOPs and Standard Formats industry regulations and project requirements Support internal audits and provide corrective actions as necessary to address any discrepancies in project cost data Responding to audit observations and ensuring corrective actions are taken to address any discrepancies Key Stakeholders - Internal Sales and Marketing Team Design Team Finance Team Project Team Key Stakeholders - External Cost Consultants Financing Institutions Bankers Qualifications Educational Qualification Bachelor s degree in Civil Engineering Quantity Surveying or a related field Work Experience Range of years 14-16 Years Preferred Industry Experience in Quantity Surveying and Estimation with at least 3 years in a project-based role Proven experience in managing project costs budgets and cost reporting in a construction or real estate development environment Familiarity with construction processes including GFC drawings BOQs change orders and procurement management Experience in managing cost optimization and value engineering efforts at the project level