Strategic Cost Manager

15 hours ago

Hyderabad, Telangana, India beBeeFinance Full time ₹ 15,00,000 - ₹ 20,00,000
Job Overview

A key role for a skilled professional is available to strengthen finance operations and drive performance with precision.

The ideal candidate will have significant experience in cost management, timesheet tracking, budgeting, and exposure to international taxation and cross-border transactions.

This position requires a strong understanding of project accounting, time tracking, and resource management systems.

Key Responsibilities:
  • Project Budget Management: Develop, monitor, and control project budgets in collaboration with project managers. Track actual project costs versus budgets, particularly staff time allocation and related expenses.
  • 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.
  • 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 optimization of cross-border project flows.
  • Assist with client-facing reporting requirements, including detailed cost reports and reconciliations.
  • Champion strong internal controls and promote financial discipline within project teams.

Required Education & Experience:

  • Bachelor's degree in Finance, Accounting, or related field; CMA, CA or MBA, is a plus.
  • 8–10 years of experience in cost control, preferably in a project-based or consulting environment.
  • Strong analytical, communication, and organizational skills.

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