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Senior Cost Manager

3 weeks ago

Aurangabad, Maharashtra, India beBeeEstimator Full time ₹ 18,00,000 - ₹ 20,00,000
Key Role Summary

The Senior Manager – Quantity Survey & Estimation plays a pivotal role in overseeing quantity take-offs, estimates, and cost control for all interior fit-out projects.

This position provides budgetary guidance, justifies bill/variation claims, develops and manages the item master with accurate rate analysis, negotiates with vendors, and ensures all deliverables are completed within project timelines.

Primary 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.
  • Provide periodic cost reports, variation logs, and estimation dashboards to AVP – Design and 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.
Required Qualifications


• 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.

Essential Skills

• 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

• Not authorized to approve payments independently or finalize contracts without AVP/management review.

• No responsibility for project/site execution outside the QS and estimation function.