Role & responsibilities

Key Responsibilities

1. Project Costing & Budgeting
- Develop detailed project cost estimates and project-wise cost budgets.
- Prepare project cost sheets covering material, labour, subcontracting, engineering, procurement, logistics, overheads and other project costs.
- Establish cost baselines and monitor actual expenditure against approved budgets.
- Review project cost assumptions and identify potential cost overruns at an early stage.
- Support project teams in preparing financial feasibility and cost-benefit analysis.

2. Project Cost Control
- Take end-to-end ownership of project cost control from project initiation to completion.
- Monitor project-wise actual costs against budget, commitments and revised estimates.
- Track material consumption, procurement costs, labour costs, subcontracting expenses and project overheads.
- Identify cost leakages, inefficiencies and areas for cost optimisation.
- Establish effective cost-control mechanisms and ensure adherence to approved project budgets.

3. Variance Analysis
- Conduct detailed budget vs.



actual and estimated vs. actual variance analysis.
- Analyse the root causes of cost variances and recommend corrective actions.
- Monitor cost-to-complete and prepare Estimate at Completion (EAC).
- Highlight potential cost overruns and profitability risks to management.

4. Project Profitability & Financial Analysis
- Analyse project margins and profitability on a periodic basis.
- Prepare project-wise profitability statements and contribution analysis.
- Evaluate changes in project scope, specifications and commercial terms and their financial impact.
- Support management in project pricing, commercial decisions and cost optimisation initiatives.

5. MIS & Management Reporting
- Prepare periodic project costing MIS, cost dashboards and management reports.
- Present key project cost indicators, variances, risks and corrective actions to senior management.
- Develop project-wise cost tracking an

📌 Manager- Project Costing (Bengaluru)
🏢 Jindal Aluminium
📍 Bengaluru