Real Estate Cost Management Specialist

4 days ago

Noida, Uttar Pradesh, India beBeeCosting Full time ₹ 15,00,000 - ₹ 28,00,000

Job Title: Costing and Budgeting Specialist

Job Summary

This is a highly challenging and rewarding role that requires strong analytical and technical skills to ensure accurate project costing, budgeting, and billing. As a Costing and Budgeting Specialist, you will play a crucial part in the financial management of real estate projects.

Key Responsibilities
  • Develop and manage project cost estimates, budgets, and forecasts for real estate projects
  • Prepare and validate Bills of Quantities (BOQ) to ensure accuracy and completeness
  • Conduct rate estimations and ensure cost optimization to maximize profit margins
  • Lead costing, budgeting, and billing activities for real estate projects, ensuring timely and accurate processing
  • Monitor and control project expenditures to ensure adherence to approved budgets and identify areas for cost reduction
  • Perform detailed analysis of project cost components, including materials, labor, and overheads, to optimize costs
  • Prepare comprehensive cost plans aligned with project timelines and milestones, ensuring clear visibility of financial performance
  • Conduct variance analysis, identify deviations, and recommend corrective actions to minimize financial risks
Required Skills and Qualifications
  • Prior experience in BOQ preparation, rate estimation, and billing processes, preferably in the real estate industry
  • Demonstrated leadership and team management capabilities, with a proven track record of success
  • Strong technical knowledge of cost estimation, budgeting, and billing, including proficiency in MS Excel, Tally, and ERP systems
  • Exceptional analytical and problem-solving skills, with attention to detail and ability to work under pressure
  • Strong interpersonal and communication skills, with ability to collaborate with cross-functional teams and stakeholders
Benefits

This role offers a competitive salary and benefits package, as well as opportunities for professional growth and development in a dynamic and challenging environment.

Others

Candidates must have prior experience in handling teams, including on-roll and off-roll resources, and be able to manage multiple projects simultaneously. Prior experience in managing MEP and additional resource requirements based on business needs is also desirable.

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