Senior Project Cost Manager

6 days ago

Shimoga, Karnataka, India beBeeEstimator Full time ₹ 18,00,000 - ₹ 20,00,000
Job Title: Senior Manager

The Senior Manager – Quantity Survey & Estimation plays a pivotal role in ensuring financial discipline, transparency, and value engineering from project inception to closure.

Key Responsibilities:

  • Quantity Survey & Estimation
    • Prepare detailed quantity take-offs and estimates for all civil, interior, MEP, and specialized fit-out packages.
    • Provide timely budget estimates and cost advice for every project during design development stage.
    • Review project drawings, specifications, and site conditions to ensure accuracy in quantity computation.
    • Analyze and justify variance in bills versus estimate or contract scope; coordinate with project and billing teams for resolution.
  • Rate Analysis & Item Master Management
    • Develop, maintain, and periodically update an item master for all materials, BOQ items, and fit-out services with detailed rate analysis (labor, material, overheads, statutory taxes).
    • Research and benchmark market rates to keep analyses current and competitive.
    • Ensure the item master is used as the basis for tendering, cost control, and contract finalization.
  • Vendor Negotiation & Value Engineering
    • Support tendering, bid evaluation, and negotiation with vendors, contractors, and suppliers to optimize project costs and value.
    • Liaise with procurement for technical and commercial clarifications and to ensure fair evaluation and award.
    • Identify and evaluate value engineering opportunities in collaboration with the Design and MEP teams.
  • Billing Support & Variation Management
    • Review and validate contractor/subcontractor bills/claims, identifying deviations from contract and budget.
    • Prepare justification notes for all bill variances and support timely closure of commercial issues.
    • Advise project teams on cost implications of design/material changes and site directives.
  • Reporting & TAT Compliance
    • Adhere to project schedules and ensure all estimation/costing deliverables meet agreed turnaround times (TAT).
    • Provide periodic cost reports, variation logs, and estimation dashboards to management.
  • Cross-Functional Coordination
    • Work closely with design, MEP, billing, procurement, and site teams to ensure complete and aligned cost management across project phases.
    • Participate in project meetings and provide commercial insights as required.
  • Documentation & Process Improvement
    • Maintain organized records of all estimates, rate analyses, item masters, and negotiation summaries.
    • Continuously review and enhance QS and estimation processes for accuracy, speed, and transparency.
    Requirements

A qualified professional is expected to have:

  • Bachelor's degree in Civil Engineering, Quantity Surveying, Construction Management, or related field.
  • 14+ years' experience in quantity surveying and estimation for commercial fit-out/interior projects (with at least 5 years in a senior role).
  • Proficient with estimation, QS, and tendering software (e.g., MS Excel, AutoCAD and ERP tools).
  • Sound understanding of market rates, contractor billing, and material specifications.
Skills and Qualities

We seek an individual with exceptional skills and qualities including:

  • Advanced quantity take-off and estimation
  • Rate analysis and item master management
  • Cost and budget reporting
  • Vendor negotiation and commercial evaluation
  • Billing review & variation management
  • Cross-team collaboration
  • Process documentation and compliance
  • Attention to detail and deadline management
Exclusions

This position does not authorize independent payment approval or contract finalization without management review. The role also excludes responsibility for project/site execution outside the QS and estimation function.

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