
Cost Manager
1 week ago
We are seeking an experienced Cost Manager (Pre & Post Contracts).The role involves managing estimation, budgeting, procurement, and contract administration to ensure cost efficiency and compliance throughout the project lifecycle.
Key Responsibilities
- Prepare estimation, cost planning, and budgets, including client presentation and approval.
- Develop and manage procurement strategy, covering pre-qualification, RFPs, techno-commercial analysis, vendor selection, and contract finalization.
- Apply value engineering techniques at project initiation in collaboration with design teams and clients.
- Prepare and monitor monthly cost vs. expenditure reports and quarterly Cost-to-Complete (CTC) reports.
- Review and validate quantity take-offs and bar bending schedules (BBS).
- Certify monthly contractor interim invoices.
- Validate reconciliations for FOC material receipts.
- Prepare variation statements for variation orders.
- Conduct rate analysis, market rate justifications, budget estimates, contract pricing, and final bill settlements with vendors.
Qualifications & Skills
- Education: Any Graduate (specialization in Finance/Quantity Surveying preferred).
- Experience: 7–8 years in cost management within large-scale projects.
- Strong expertise in cost estimation, budgeting, procurement, and contracts.
- Ability to prepare detailed financial and audit reports.
- Proficient in rate analysis, reconciliations, and vendor management.
- Excellent analytical, negotiation, and communication skills.
Job Type: Full-time
Pay: ₹1,300, ₹1,400,000.00 per year
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