Manager - Cost Management - Real Estate

Manager - Cost Management

Job Purpose:

- Support Project Budgeting, budgetary control, Project MIS and certification process of Residential Business. Bring in discipline and rigour in cost reviews. Value creation for projects through cost saving and Tax planning initiatives.

- In-depth review of Quarterly Cost to Completion exercise of all Ongoing Projects. Ensure full control and timely monitoring of all cost elements and flag early signs of overrun.

- Support in Timely structured review and approval of new project budget at different stages- CD, SD, DD, GFC etc.

- Sound Knowledge of Project Lifecycle costing and tracking quarter on quarter cost estimates against original business plan.

- Ensure CA certification of Project for quarterly RERA certification and other cost certifications related to CTO, CTE, DTPC etc.

- Driving cost saving and Tax planning initiatives with Project and Budgeting team.

- Analysis of major cost heads of packages being awarded and give recommendations to HoD for financial approval of Contracts.

- SAP related automations and Standardisation of overall project cost Structure (WBS), savings, escalation, contingency budgets etc.

- Tracking & preparing project related MIS & monitoring of Project cashflows against planned progress.

- Support to FP&A team for annual project budget and cash-flow forecast for Annual Operating Plan.

- Detailed review and pre-approval of all contracts on financial terms, cost and tax optimisations and budgetary control.