- 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