Cost and Estimation Lead

10 - 15 years

0 Lacs

Posted:2 months ago| Platform: Linkedin logo

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Work Mode

On-site

Job Type

Full Time

Job Description

We are seeking a highly skilled Cost & Estimation Lead to join the Facilities Engineering, directly reporting to the Program Manager. The Cost Lead will play a critical role in cost estimation, budgeting, financial forecasting, variance analysis, and overall cost management to ensure project financial success. This position requires a keen understanding of project cost control methodologies, value engineering, effective stakeholder coordination, and proficiency in cost management software.


Cost Management & Reporting:

  • Develop, implement, and maintain

    project cost control systems and procedures

    .
  • Prepare and monitor

    project budgets, cost estimates, and forecasts

    .
  • Conduct

    cost variance analysis

    and provide recommendations for corrective actions.
  • Track

    expenditures, commitments, and changes to project costs

    .
  • Generate

    cost reports and dashboards

    for senior management.

Project Control & Financial Oversight:

  • Work closely with

    Project Managers, Procurement, and Finance teams

    to align cost strategies.
  • Ensure compliance with

    contractual, financial, and corporate guidelines

    .
  • Assess and manage

    risks associated with cost deviations

    .
  • Provide

    cost optimization strategies and value engineering solutions

    to enhance project efficiency.

Stakeholder Coordination & Documentation:

  • Assist in

    contract negotiations and financial planning

    .
  • Maintain up-to-date

    cost control documentation and change order logs

    .
  • Coordinate with

    vendors, contractors, and internal teams

    for cost-related matters.


Qualifications & Experience:

  • Bachelor’s/ master’s degree in

    engineering, Construction Management

    , or a related field.
  • 10-15 years of experience

    in cost control, budgeting, and financial planning in construction, infrastructure, or industrial projects.
  • Strong understanding of

    cost engineering principles, financial forecasting, project cost estimation techniques, and value engineering

    .

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