Senior Cost Manager

Senior Cost Manager

Location - Vadodara

Experience - 10-15 years

Post-Contract :

• Oversee bill certification and lead the variation management process, ensuring all changes are captured, validated, and costed appropriately.
• Perform independent verification and review of quantity take-offs for all construction elements.
• Own the document control process including drawing register maintenance (names, revisions, availability checks).
• Interpret construction drawings and align cost data to evolving design requirements across projects.
• Independently generate periodic cost reports (fortnightly / monthly) as per client requirements, ensuring accuracy and clarity.
• Apply strong understanding of construction methodologies and work sequencing to support project-level cost strategies.
• Review Bar Bending Schedules (BBS) efficiently and with limited oversight.
• Conduct rigorous rate analysis, updating pricing models as needed to reflect market shifts and actual project conditions.
• Uphold rigorous QMS practices throughout the cost management lifecycle, meeting or exceeding client-specific benchmarks.
• Lead and guide the cost management team, ensuring productivity, clarity, and alignment with post-contract objectives.
• Manage the Client professionally, conducting regular meetings, addressing escalations, and maintaining proactive communication. Act as the last point of escalation.
• Interface with stakeholders including PMC, clients, architects, and contractors to resolve issues and ensure consistent cost alignment.
• Analyze and synthesize cost data from various inputs to enhance forecasting and reporting accuracy.
• Prepare simple cost plans or briefs where needed to assist client decision-making at key milestones.
• Monitor and respond to client escalations professionally, with full ownership of resolution pathways.
• Stay updated on material trends and emerging technologies to introduce cost-effective alternatives during execution.
• Maintain accurate market awareness of key material rates to inform procurement decisions and pricing benchmarks.
• Support interim valuations and progress payment certifications, ensuring timely and fair financial flows.
• Must have experience of handling at least 3 projects preferably of different sectors.

Skills Required

Cost Management, Rate Analysis, Document Control