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Cost Manager - Infra / Construction Industry

Cost Manager - Infra / Construction Industry

Turner and Townsend Pvt. Ltd.Karnataka, India
5 days ago
Job description

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.

    • (ref : iimjobs.com)

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    Cost Manager • Karnataka, India