Manager-Budgeting and Costing

Key Responsibilities:

1. Cost Estimation and Analysis

• Prepare detailed cost estimates for infrastructure and construction projects based on drawings, specifications, and market conditions.
• Analyze design and project changes for cost impact and recommend cost-effective solutions.
• Maintain and update unit cost databases and benchmarks.

2. Budget Management

• Develop, implement, and manage project budgets in coordination with project managers and finance teams.
• Monitor ongoing project expenditures and compare them against the approved budget.
• Report on budget variances and implement corrective action when necessary.

3. Financial Reporting and Forecasting

• Generate periodic financial reports including cost performance, forecasts, and budget updates.
• Conduct financial risk assessments and advise on mitigation strategies.
• Support cash flow planning and funding requirement forecasts.

4. Procurement and Contract Support

• Collaborate with procurement teams to ensure cost-effective sourcing of materials and subcontractor services.
• Assist in reviewing and evaluating contractor bids for financial compliance.
• Support contract negotiation from a cost perspective.

5. Project Controls and Compliance

• Implement cost control procedures and ensure adherence to internal controls and regulatory requirements.
• Establish and maintain effective tracking systems for all cost-related project components.
• Participate in project audits and contribute to compliance reporting.

6. Team Leadership

• Supervise junior cost engineers or budget analysts.
• Provide guidance and training on budgeting tools, methodologies, and cost systems.

Key Skills:

• Strong knowledge of construction cost estimation and financial principles.
• Proficiency in cost control software (e.g., Primavera, CostX, MS Project, Excel).
• Ability to interpret engineering drawings and technical documents.
• Analytical mindset with attention to detail.