Key Responsibilities

1. Post-Contract Cost Management

- Manage cost and commercial activities from contract award through project completion.
- Monitor project expenditure against approved budgets and contract values.
- Prepare and maintain detailed cost reports and cost forecasts.
- Track committed, actual and forecast project costs.
- Identify potential cost overruns and recommend corrective actions.

2. Quantity Measurement & Valuation

- Review and verify contractor measurements, quantities and interim payment applications.
- Certify / support interim payment valuations in accordance with contract terms.
- Review BOQs, quantities and rates against executed works.
- Ensure accurate measurement and valuation of civil works.

3. Variation & Change Management

- Identify, evaluate and manage variations / change orders.
- Assess the commercial impact of design and scope changes.
- Review contractor variation submissions, rates and supporting documentation.
- Maintain variation and change-control registers.
- Negotiate and recommend appropriate commercial settlements.

4. Claims & Commercial Management

- Review contractor claims related to variations, delays, extensions of time, loss & expense and additional costs.
- Analyse contractual entitlement and financial impact.
- Coordinate with Project Management, Planning and Contracts teams on claims.
- Support resolution of commercial disputes and negotiations.

5.



Cost Reporting & Forecasting

- Prepare monthly cost reports, cash-flow forecasts and cost-to-complete reports.
- Track project budget, committed costs, variations and forecast final cost.
- Provide management with explicit visibility of commercial risks and opportunities.
- Highlight cost trends and potential financial exposure.

6. Contract Administration

- Review contract conditions, BOQ, specifications and commercial provisions.
- Ensure commercial activities are carried out in line with contractual requirements.
- Support contract correspondence and commercial documentation.
- Coordinate with Legal / Contracts teams wherever required.

7. Procurement & Subcontract Management

- Review subcontractor / contractor commercial proposals.
- Support procurement and commercial evaluation of packages.
- Review subcontractor payments, variations and final accounts.
- Ensure commercial alignment between main contract and subcontract packages.

8. Final Account & Project Close-Out

- Lead / support preparation and settlement of final accounts.
- Reconcile contract value, variations, payments and outstanding claims.
- Ensure all commercial documentation is completed before project close-out.
- Support commercial handover and lessons-learned activities.

Thanks & Regards Anjana Rathaur The Talent Keepers [email protected]

📌 Cost Manager (Mumbai)
🏢 The Talent Keepers
📍 Mumbai