Senior Cost Manager

2 days ago

Jaipur, Rajasthan, India beBeeFinancial Full time ₹ 18,00,000 - ₹ 22,00,000
Project Financial Specialist

Ascentis is a leading international project management consultancy, delivering exceptional outcomes on complex, high-value projects across South Asia and East Africa.

Our team collaborates with world-class developers and hotel operators to uphold our commitment to performance and precision. We are now seeking a skilled Cost Controller to strengthen our finance function.

  • Reporting to the Head of Finance, you will primarily focus on project and cost control, ensuring accurate and timely reporting of project budgets, project costs, resource allocation, timesheets, and billing rates.
  • As Cost Controller, you will be responsible for monitoring and controlling project budgets across multiple concurrent projects by closely tracking staff deployment, resource utilization, and financial performance. The ideal candidate will ensure budgetary compliance, forecast accuracy, and support decision-making through detailed cost analysis.
  • Key Responsibilities:
    • Develop, monitor, and control project budgets in collaboration with project managers.
    • Track actual project costs versus budgets, particularly staff time allocation and related expenses.
    • Identify variances, trends, and potential overruns; propose corrective actions proactively.
  • Resource Utilization:
    • Maintain real-time visibility of staff deployment across projects.
    • Collaborate with HR and project leads to track man-hours and ensure efficient resource usage.
    • Support project scheduling with cost-efficiency insights.
  • Cost Reporting & Forecasting:
    • Prepare weekly/monthly project cost reports with variance analysis and commentary.
    • Provide cost insights to senior leadership for resource planning and profitability analysis.
  • Process & Compliance:
    • Establish cost control systems, procedures, and reporting formats.
    • Ensure compliance with internal controls and client-specific requirements.
    • Conduct cost audits and internal reviews to validate expense accuracy.
  • Collaboration & Communication:
    • Act as a liaison between the finance team and project managers.
    • Contribute to project review meetings with detailed cost performance data.
  • Other Responsibilities:
    • Support the Head of Finance in group-level reporting and forecasting, integrating project financials into broader business plans.
    • Contribute to international tax matters, inter-company transactions, and cross-border project optimization.
    • Assist with client-facing reporting requirements, including detailed cost reports and reconciliations.
    • Champion strong internal controls and promote financial discipline within project teams.

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