1. Cost Management:
* Cost monitoring/control of all ongoing projects. Track the Budget (target) Vs Actual on a rolling monthly basis.
* Implement the practice of generating monthly Job Cost Reports (balance to execute value and expected cost budget of the same, to arrive at the expected margin till closure of contract) by the CM/ROH and track the actual Vs target with rolling monthly reviews with the ROH, Head Operations & Sr. Mgr. Finance & WCM to analyse variations and monitor the corrective actions.
* Finance will continue to prepare monthly MIS/Cost report and highlight the comparison of actual cost Vs estimated cost. Analyse the same and corrective actions to be identified, discussed/aligned with ROH & CM and to be tracked till required results.
* Monitor actual cost versus estimated costs in material, labour and machinery, identify the root cause by interacting with site and for suitable prompt action and implementation.
* Monitor the expenditure for each site, set up reviews and ensure implementation of agreed plan.
Following will be key activities.
a) Daily labour deployment and labour expense, compare with output at site and take timely action for labour reduction if the output is lower.
b) Investigate reasons for expenses more than the estimated costs.



This will include material consumption, labour, site establishment costs.
c) Prompt execution team to bring costs in control and flag issues to management wherever there is mismatch between expectation and action on the ground.
d) Raise claims on the customers wherever excess cost is due to customer action. e) Follow up on all cost management and claims related topics agreed with respective teams until completion. f) Flag unresolved issues to management on timely basis for intervention and follow up for decision making and implementation.
2. Claims:
* Identify & prepare claims arising due to deviation in contract T&Cs; (Variation, delay, damage, idling, escalation, etc.)
* Negotiate & close claim with customer. * Arrange amendment incorporating agreed claims. 3. Repair Approval: * Analyse & approve budget for repair works.
* Monitor expenses against repair works. 4. Customer Communication:
* Proactively communicate with customers regarding contractual deviations & issues.
* Coordinate with site team for collection of inputs for contractual letters.

RequirementsExperience - 6 to 10 years Sa
BenefitsSalary - Rs. 8 to 10 lac pa

📌 Assistant Manager Contract & Claim (Mumbai)
🏢 Suncorp Solutions
📍 Mumbai