Cost Manager (Civil)

Overview

Manage cost estimation, budgeting, control, and reporting for civil projects.

Key Responsibilities

• cost estimation
• budget forecasting
• cost control
• cost reporting
• procurement docs
• supplier management

Tasks

Develop and maintain project budgets and forecasts. Assist in preparing detailed cost estimates for various project stages. Attend project meetings and provide cost-related insights and recommendations. Maintain relationships with suppliers and contractors to ensure competitive pricing. Maintain accurate records of project financial transactions. Maintain and update cost databases and records. Develop and maintain cost management tools and software. Ensure data accuracy and integrity in all cost management activities. Review and analyse cost reports and provide insights on cost performance. Implement cost control measures to ensure project costs remain within budget. Evaluate bids and proposals to ensure cost-effectiveness. The Cost Manager supports the cost management team in overseeing and managing project costs to ensure financial objectives are met. This role involves assisting with cost estimation, budgeting, cost control, and financial reporting. The Assistant Cost Manager works closely with senior cost managers and project teams to deliver accurate and timely cost information and to help maintain financial control over projects. Collaborate with project teams to understand project objectives, schedules, and requirements. Provide data and insights for regular financial reviews and audits. Prepare financial reports, including cost reports, cash flow projections, and budget updates. Assist in the preparation of cost-related documentation and presentations for project stakeholders. Analyse project specifications and requirements to develop accurate cost estimates. Conduct market research to obtain current cost data for materials, labour, and equipment. Prepare procurement documents, including requests for proposals (RFPs) and contracts. Monitor project costs against the budget and report any variances. Support the resolution of cost-related issues and disputes.

Requirements

• excel
• cost management
• btech
• analytical
• problem solving
• communication

What You Bring

-Detail-oriented with strong organizational skills. -Ability to work independently and as part of a team. -Proficiency in Microsoft Office Suite, particularly Excel. -7+ years of experience in cost management, From Hospitality/Hotel Projects background. -Bachelor’s degree in BTech/BE Civil -Willingness to learn and develop in the field of cost management. -Excellent communication and interpersonal skills. -A proactive and problem-solving mindset. -Strong analytical and numerical skills. -Ability to handle multiple tasks and meet deadlines.

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Benefits

- A collaborative and dynamic work environment - Ongoing training and development programs - Opportunities for professional growth and career advancement - Competitive salary and benefits package

About Lambsrock

-It specialises in managing complex projects across infrastructure, construction, property and industrial manufacturing. -Typical assignments include MEP and civil/​interior projects in hospitality, healthcare and large-scale industrial facilities. -Operating in locations such as Mumbai, Bengaluru, Delhi and Bhopal, it tackles roles from project engineer to procurement lead. -While compact in size, the team delivers end-to-end project management, including quantity surveying, civil works and interior supervision.

Sector Specialisms