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Century Real Estate Holdings Pvt Ltd | Quantity Surveyor

1 month ago


bangalore, India Century Real Estate Holdings Pvt Ltd Full time

Job Description:

The Project Engineer will play a crucial role in managing and controlling the financial aspects of the project by ensuring accurate cost estimation, budgeting, and financial analysis.


Responsibilities:


Generating Cost Sheets for the Project:

  • Prepare detailed cost sheets, breaking down all financial components of the project.
  • Ensure accurate allocation of costs for each project phase, considering materials, labor, overheads, and contingencies.


Preparing Budgets:

  • Develop and manage project budgets by collaborating with project managers and stakeholders.
  • Monitor project expenses, ensuring alignment with the approved budget and identifying potential cost overruns.


Cost Analysis:

  • Conduct regular cost analysis to identify discrepancies between projected costs and actual expenditures.
  • Offer insights and recommendations to improve cost efficiency and reduce financial risks.
  • Analyze trends and historical data to assist in future budget estimations.


Preparing Bill of Quantities (BOQ):

  • Prepare and review BOQs for the project, ensuring accurate and clear descriptions of quantities, materials, and labor required.
  • Work closely with project teams and contractors to ensure that all cost elements are captured accurately in the BOQ.


Cost Projection:

  • Develop and maintain cost projections, estimating future costs based on historical data, current project status, and potential changes in scope.
  • Provide regular updates on cost projections to stakeholders.


Preparing Management Information System (MIS) Reports:

  • Create and distribute timely MIS reports to senior management, project managers, and other stakeholders.
  • Ensure that reports reflect accurate financial status, highlighting key financial metrics, risks, and opportunities.


Collaboration and Stakeholder Communication:

  • Regularly communicate with project managers, procurement teams, and external vendors to ensure alignment on costs.
  • Provide expert advice on cost control measures and financial forecasting.


Risk Management:

  • Identify financial risks related to project costs and proactively recommend solutions to mitigate these risks.
  • Ensure that financial risks are managed effectively throughout the project's lifecycle.