Head - Cost & Budgeting - Technical Domain - Real Estate

Description:

- Prepare, develop, and maintain comprehensive project cost plans from conceptualization through project completion.

- Monitor and manage project budgets, ensuring accurate tracking of committed costs, actual expenditures, forecasts, and Estimate at Completion (EAC).

- Conduct monthly Earned Value Analysis (EVA) including:

- Cost Performance Index (CPI)

- Schedule Performance Index (SPI)

- To Complete Performance Index (TCPI)

- Cost and schedule variance reporting

- Independently prepare and present cost reports to senior leadership, including trend analysis, cost performance metrics, and project cash flow forecasting.

- Collaborate closely with project teams to periodically assess and validate cost-to-complete projections.

- Benchmark project costs against industry standards, historical project data, and market trends to drive cost optimization.

- Review variation orders/change orders, identify root causes, and implement preventive measures to minimize recurrence across projects.

- Develop, update, and maintain a centralized rate library and cost database covering all construction disciplines.

- Identify project cost risks and recommend corrective actions to ensure budget adherence.

- Support procurement and commercial teams with cost analysis, vendor benchmarking, and financial evaluations.

- Drive continuous improvement initiatives related to project cost management processes and reporting systems.

- Ensure compliance with organizational financial controls, project governance standards, and reporting requirements.

Desired Candidate Profile:

- Bachelor's Degree in Engineering / Construction Management / Quantity Surveying / Finance or related discipline.

- Strong understanding of project controls, cost engineering, budgeting, forecasting, and financial reporting.

- Hands-on experience in large-scale construction, infrastructure, hospitality, real estate, or industrial projects.

- Expertise in Earned Value Management (EVM) methodologies.

- Strong analytical, stakeholder management, and communication skills.

- Proficiency in project management and cost control tools such as ERP systems, MS Excel, Primavera, SAP, Power BI, or equivalent platforms.

- Ability to work independently and manage multiple projects simultaneously.