Role & responsibilities

1. Costing & Budgeting

- Develop initial project budgets using market intelligence, area statements, and historical benchmarks
- Analyse architectural, structural, and MEP designs from concept to GFC stages to ensure cost alignment
- Review and validate cost consultant submissions; conduct variance analysis
- Benchmark budgets against similar developments to ensure competitiveness

1. BOQ preparation

- Review BOQs prepared by cost consultants for technical accuracy and completeness.
- Ensure timely delivery of tender BOQ in line with the Tender Event Schedule

1. Rate Benchmarking & Market Intelligence

- Maintain a agile rate database to support accurate project costing and tendering.

1. Cost Tracking, Reporting & Control

- Monitor monthly cost progress across projects and flag deviations from approved budgets
- Prepare monthly cost reports and forecast cost-to-complete
- Track billing, change orders, and reconcile costs against budgets

1.



Financial Management

- Maintain oversight of total project costs and billing forecasts
- Collaborate with Finance and Project Execution teams for accurate forecasting and billing
- Recommend corrective actions in case of budget overruns or financial risks

1. Stakeholder Coordination

- Serve as a key liaison between senior leadership and cross-functional teams
- Facilitate effective interdepartmental coordination to ensure smooth project execution

Preferred candidate profile Qualifications & Experience:

- Bachelors degree in civil engineering
- 12–15 years of progressive experience in project budgeting, costing, contract management, and financial control
- Proficiency in software tools such as AutoCAD and CostX
- Experience in the hospitality sector is preferred

📌 Senior Manager - Commercial (Mumbai)
🏢 K Raheja
📍 Mumbai