Cost & Estimation Manager

8 years

0 Lacs

Posted:1 day ago| Platform: Linkedin logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Estimation & Tendering:

  • Review project drawings, specifications, BOQs, and scope of work for accuracy and completeness.
  • Prepare detailed cost estimates for interior fit-out projects, including materials, labor, equipment, and subcontractor costs.
  • Analyze tender documents and client requirements to prepare competitive proposals.
  • Liaise with design, engineering, and procurement teams for accurate cost data.
  • Ensure estimates meet both client requirements and internal profit margins.

2. Cost Management:

  • Develop project budgets and monitor costs throughout the project lifecycle.
  • Track and manage variations, change orders, and value engineering opportunities.
  • Provide regular cost reports to management and highlight any budget overruns or cost-saving opportunities.
  • Maintain and update cost databases for materials, labor, and subcontractor rates.

3. Procurement & Vendor Management:

  • Obtain and analyze quotations from suppliers and subcontractors to ensure competitiveness.
  • Negotiate terms, pricing, and timelines with vendors.
  • Collaborate with procurement to finalize purchase orders and contracts.

4. Coordination & Communication:

  • Work closely with the design, project management, and operations teams to align cost plans with project delivery.
  • Attend client and consultant meetings to clarify and present cost estimates.
  • Provide technical and commercial advice to support business development.

5. Compliance & Quality Control:

  • Ensure all estimates and cost data comply with company standards, local regulations, and industry best practices.
  • Maintain confidentiality and integrity of cost-related information.

Qualifications & Skills:

  • Education:

    Bachelor’s degree in Quantity Surveying, Civil Engineering, Interior Design, or related field.
  • Experience:

    8+ years of relevant experience, with at least 4 years in interior fit-out cost estimation.
  • Technical Skills:

  • Proficiency in MS Excel, AutoCAD, and estimation software
  • Strong understanding of interior fit-out materials, finishes, joinery, MEP integration, and installation methods.
  • Soft Skills:

  • Excellent analytical and numerical skills.
  • Strong negotiation and communication skills.
  • Attention to detail and accuracy.
  • Ability to work under pressure and meet tight deadlines.

Key Performance Indicators (KPIs):

  • Accuracy of cost estimates vs. actual project costs.
  • Tender success rate.
  • On-time submission of estimates and proposals.
  • Cost savings achieved through value engineering.
  • Vendor performance and cost competitiveness.

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