Title - Manager - Sr. Manager - Costing CoE
Band - TBD
Reports To - Costing CoE Head
Job Purpose :
To be responsible for preparation of all project budgets at various stages including quantification, preparation of BOQ's for project packages, tracking and updating the project cost during the complete lifecycle of the project.
Principal Accountabilities :
- Preparing detailed budget for complete project (civil, finishes, MEP, infra, amenities, etc.) at various stages with supporting LBD, rate references / analysis, capturing assumptions and other details.
- Study and complete review of design and providing the inputs for cost optimization and cost impact.
- Review areas / prepare area statement as per cost requirements.
- Driving the stage budget to next stage with minimal cost impact and recording design variation and the cost overrun if any.
- Working the detailed project quantities at various stages and updating the same in the prepared Budget file along with comparisons
- Provide implementable VE suggestions to optimize the cost at initial stages and during the project lifecycle.
- Providing quantity inputs and completing the BOQ's, pricing the same and review against the budget provision. Review or guide preparation of BOQ's with completeness if prepared by site resource.
- Detailed review of quarterly budgets, capture variation, provide inputs for cost considerations, prepare necessary backups, and finally submit it for further review / approvals.
- Prepare the dashboards / various other management reports.
- Project cost and rate Benchmarking with market and competitors. Prepare rate databank.
- Highlighting with delta cost any change / variation in design, site or any other requirement from the base budget. Working within described timelines or with faster TAT for the above activities.
- Prepare and maintain complete record of design and cost of a particular project.
- Optimize working formats / templates to bring in more details & accuracy
- SAP management w.r.t Budget inputs. WBS, monitoring transactions, report generation etc.
Performance Measure of Success :
Individual Accountability :
Prepare project Budgets AccuratelyDesign review and cost related comments for cost optimizationDrive the budget to stay within the given budget till the completion of project.Shared Accountability : Quarterly budget review / updation
Key Vendors
Design teamAccounts teamContracts teamPlanning teamSite execution teamSafety & Quality teamFunctional Competencies :
Design efficiencies and thumb rules for preliminary budgetsKnowledge of Standard measurements as per industry practices & relevant codesAutocad softwareMS-Excel and using the same for Data analyticsIn-depth knowledge about rate analysis and market rates of construction worksMahindra Leadership Competencies (3 Critical competencies) :Result Orientation with Execution ExcellenceTimely delivering results consistently as per plan with a disciplined approachConstantly striving to do things better and on timeDemonstrating accountability for all assignmentsResponding proactively in conformance to processes & standardsWeaving Passion & Energy at workDisplaying zeal & optimism about workUnderstanding working with diverse set of peopleTrying out new ways of workingStrategic Business OrientationUnderstanding organizational practices and aligning to the sameDemonstrating awareness of emerging trends and making recommendations based on thatKeeping abreast of global changes and understanding their impact on the businessQualification and B.E. / B.Tech. in Civil Engg.
10-12 years of work experienceRole progression To (Grade / function / location / business) : Manage larger regions and then Costing CoE head
(ref : iimjobs.com)