~17d ago

Cost Manager

India·Chennaimid

OtherManager

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Quick Summary

Requirements Summary

Lead post-contract cost and commercial management, including interim applications, variation valuation, change management, and extension of time claims.

Technical Tools

OtherManager

Job Title

Cost Manager

This role oversees all cost and commercial management activities across the project lifecycle. The role includes project budgeting, cost control, value engineering, billing verification, and financial governance. For investor-driven projects, the Cost Lead manages escrow accounts to ensure fund utilization aligns with RERA and investor requirements. Acting as a key liaison between the project, client, and finance teams, the role ensures accurate cash flow forecasting, cost reporting, and financial transparency, supporting informed decision-making and overall project profitability.

Job Description

About the Role

~1 min read

Lead post-contract cost and commercial management, including interim applications, variation valuation, change management, and extension of time claims.

Ensure strict compliance with contractual procedures, FIDIC/standard form contracts, and investor governance requirements.

Act as the primary interface with clients, consultants, contractors, and project stakeholders, ensuring transparency and alignment.

Drive the procurement process, including pre-qualification, tendering, bid analysis, contractor selection, and contract finalization.

Monitor and control post-contract cost variances, perform cost checking and valuation, and prepare accurate monthly cost, estimate, tender, and procurement reports.

Implement value engineering and life cycle costing strategies to optimize project costs and maximize investor value.

Negotiate and close final accounts, ensuring financial governance, accountability, and investor confidence.

Support pre-contract activities to enhance risk management, budget planning, and project cost forecasting across the project lifecycle.

Lead post-contract cost and commercial management, including interim applications, variation valuation, change management, and extension of time claims.

Ensure strict compliance with contractual procedures, FIDIC/standard form contracts, and investor governance requirements.

Act as the primary interface with clients, consultants, contractors, and project stakeholders, ensuring transparency and alignment.

Drive the procurement process, including pre-qualification, tendering, bid analysis, contractor selection, and contract finalization.

B.E. / B.Tech in Civil / Mechanical / Electrical Engineering
Additional Certifications (if any):

Certified Cost Engineer (CCE) / RICS / ICMA (if applicable)
FIDIC Contract Management / Project Management Certification
Advanced Excel, MS Project, or other project cost management tools

What We Offer

~1 min read

As one of the leading global real estate services firms transforming the way people work, shop and live working at Cushman & Wakefield means you will benefit from;

✓Being part of a growing global company;

✓Career development and a promote from within culture;

✓An organisation committed to Diversity and Inclusion

That's why we support and celebrate inclusive causes, not just on days of recognition throughout the year, but every day. We embrace diversity across race, colour, religion, sex, national origin, sexual orientation, gender identity or persons with disabilities or protected veteran status.

We ensure DEI is part of our DNA as a global community - it means we go way beyond than just talking about it - we live it. If you want to live it too, join us.

INCO: “Cushman & Wakefield”