2. Cost Monitoring & Variance Analysis:- Track actual vs budget on a monthly basis- Identify cost overruns and recommend corrective action- Analyze RCC, MEP, finishing, liaisoning, and marketing costs- Department-wise overhead allocation
3. Contract & Vendor Cost Control:- Review work orders and contracts- Validate RA bills & contractor claims- Certification coordination with Project Team- Monitor change orders and additional work cost impact- Control usage of miscellaneous expense heads
4. WIP & Inventory Control:- Monitor Work-in-Progress (WIP)- Ensure proper capitalization of project costs- Cost allocation between inventory & expense- Revenue recognition coordination with accounts
5.
Cash Flow & Fund Control:- Track project inflows vs outflows- Align cost planning with funding availability- Monitor finance cost capitalization- Support loan drawdown planning
6. ERP & Cost Systems:- Ensure correct cost booking in ERP- Validate cost center & project coding- Assist in setting up budget controls in ERP- Maintain cost control MIS
7. MIS & Reporting:- Monthly Project Cost Report- Budget variance report- Department-wise overhead analysis- Project margin tracking- Management presentation support
Desired Skills:- Solid understanding of construction costing and BOQ analysis- Real estate accounting knowledge- Advanced Excel skills (Pivot, MIS, Costing)- ERP knowledge (Construction ERP preferred)- Analytical and commercial mindset
Qualification:- CMA / MBA Finance / Civil Engineer with Costing Experience- 5–8 years experience in Real Estate / Construction