Executive Cost Manager

4 days ago

Rajahmundry, Andhra Pradesh, India beBeeSenior Full time ₹ 40,00,000 - ₹ 50,00,000
Job Title: Senior Manager

Overview:

The Senior Manager plays a pivotal role in ensuring financial discipline, transparency, and value engineering throughout the project lifecycle. This position oversees quantity take-offs, estimates, and cost control for all interior fit-out projects, providing budgetary guidance and justifying bill/variation claims.

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 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:

  • A 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).
  • Solid understanding of market rates, contractor billing, and material specifications.

Key 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.

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