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Job Summary:
- We are seeking an experienced and detail-oriented Cost Manager to lead cost planning, budgeting, and financial control activities across multiple projects in Bangalore.
- The ideal candidate will play a strategic managerial role in ensuring cost efficiency, optimizing project spending, and maintaining financial discipline throughout the project lifecycle.
- This position demands a strong background in cost management, stakeholder coordination, and data-driven decision-making.
Key Responsibilities:
- Lead the development, implementation, and monitoring of cost management processes and systems across all active projects.
- Oversee the preparation of cost estimates, budgets, and forecasts to support project planning and execution.
- Analyze project financial performance, identify variances, and provide corrective recommendations to maintain budget adherence.
- Manage cost reporting, cash flow analysis, and earned value management to ensure transparency and control.
- Collaborate with project managers, procurement, and finance teams to optimize resource utilization and cost efficiency.
- Lead periodic cost review meetings with senior leadership, providing insights and strategic input for decision-making.
- Establish and enforce cost control standards, policies, and best practices across departments.
- Mentor and guide junior cost engineers or analysts to ensure accuracy and consistency in reporting.
- Support contract negotiations, change order assessments, and risk evaluations from a cost perspective.
- Stay updated on market trends, material costs, and benchmarking data to enhance forecasting accuracy.
Qualifications and Skills:
- Bachelor's degree in Quantity Surveying, Finance, Engineering, or a related discipline; Master's preferred.
- 8-12 years of experience in cost management, ideally in construction, infrastructure, or large-scale industrial projects.
- Strong knowledge of cost control systems, budgeting software, and ERP platforms.
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