Senior Cost Manager (Civil/MEP)

7 - 12 years

14 - 19 Lacs

Posted:7 hours ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Job Description

As a Senior Cost Manager in Cost Management, you will be responsible for leading the execution of cost management services for construction projects, ensuring cost control and quality objectives are met. You are expected to lead cost management project teams and/ or key cost management roles, and coordinate with clients and stakeholders and foster a collaborative and high-performing project environment. This role also includes commission management responsibilities overseeing invoicing processes and project compliance through D-365 to ensure financial accuracy and compliance.

Key Responsibilities

Team Leadership & Development

  • Hold the highest level of professional integrity and business ethics.
  • Contribute to a positive team culture by promoting open communication, mutual respect, and shared accountability.
  • Demonstrate professionalism, reliability, and a proactive attitude in team interactions.
  • Motivate team members, and drive towards positive client outcomes and meet deadlines in a fast-paced environment.
  • Assist in onboarding new team members and helping them integrate into project workflows.
  • Assist in conducting interviews for vacant positions in line with the team s recruitment process and resource requirements

Client & Stakeholder Engagement

  • Lead multidisciplinary project teams including clients, consultants, contractors, and suppliers.
  • Build productive working relationships with internal and external stakeholders through consistent follow-up and responsiveness.
  • Support conflict resolution and issue management by escalating appropriately and offering practical solutions.
  • Facilitate effective communication and collaboration across all stakeholders through structured meetings, reporting, and documentation.

Project Strategy & Planning

  • Critically analyze, challenge and brainstorm project requirements and cost deliverables, in order to find creative solutions and alternatives on behalf of clients.
  • Collaborate in developing robust cost reporting structures and control mechanisms.

Project Controls & Reporting

  • Act as Commission Manager, taking responsibility for end-to-end service delivery, often with respect to large or complex commissions or multiple commissions.
  • Managing estimating and cost planning activities to include taking ownership of and presenting the final revisions of cost plans.
  • Leading the production of monthly post-contract cost reports and presenting them to the client.
  • Leading value engineering and life cycle costing exercise.
  • Implement and maintain cost controls mechanisms incorporated into projects schedule, cost, risk, and change management.

Financial and Risk Management

  • Lead commercial negotiations and contract administration on projects alongside the cost management team
  • Responsible for supporting the internal risk management procedures and systems, including client care processes and the contract database.
  • Manage invoicing processes using D-365, including:
    • Reviewing and validating invoice data for accuracy and completeness.
    • Coordinating with finance teams to ensure timely submission and approval.
    • Tracking invoice status and resolving discrepancies.
    • Ensuring compliance with client billing requirements and internal financial controls.

Your performance KPIs will be evaluated as part of every employee s performance review process, including the following:

  • Conduct quarterly check-ins with direct reports to provide feedback, identify growth opportunities and career development, as reflected in Peakon survey results.
  • Set clear objectives during performance reviews, actively monitor progress, and apply insights to drive career growth and achieve professional goals.
  • Successful project delivery by meeting agreed timelines, budgets, and quality standards, with outcomes reflected through client care score.
  • Maintain financial reporting through D-365, with 100% compliance to internal controls and client billing requirements.Qualifications
  • Bachelor s degree in Cost Management, Quantity Surveying, Construction, Engineering, or a related field; Master s degree is a plus.
  • Minimum 7 years experience in cost management or construction projects (e.g. cost manager, construction manager, procurement, project manager, vendor, consultant etc.).
  • Strong communication and leadership skills; experience in people management in a plus.
  • Strong business acumen, with the ability to drive outcomes on behalf of clients and coordinate with construction and design teams to meet deadlines and deliverables
  • Experience in client management with solid experience in client facing environment that requires incumbent to utilise critical business development skills and advisory skills to enhance project delivery on value management, value engineering, and life cycle costing.
  • Native-level proficiency in (local language), Business-level proficiency in English.
  • Proficiency in Cost-X or equivalent cost estimation software.

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