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    Job · 21144458

    CHENNAI · FULLTIME

    Cost Manager

    Cushman & Wakefield

    Cushman & Wakefield

    Chennai · onsite · Posted 6d ago

    Sourced fromNaukri
    Undisclosed5–8 yrsfulltimeChennai

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    Section · 01

    About this role

    This role oversees all cost and commercial management activities across the project lifecycle. The role includes project budgeting, cost control, value engineering, billing verification, and financial governance. For investor-driven projects, the Cost Lead manages escrow accounts to ensure fund utilization aligns with RERA and investor requirements. Acting as a key liaison between the project, client, and finance teams, the role ensures accurate cash flow forecasting, cost reporting, and financial transparency, supporting informed decision-making and overall project profitability.

    About the Role:

    • Lead post-contract cost and commercial management, including interim applications, variation valuation, change management, and extension of time claims.
    • Ensure strict compliance with contractual procedures, FIDIC/standard form contracts, and investor governance requirements.
    • Act as the primary interface with clients, consultants, contractors, and project stakeholders, ensuring transparency and alignment.
    • Drive the procurement process, including pre-qualification, tendering, bid analysis, contractor selection, and contract finalization.
    • Monitor and control post-contract cost variances, perform cost checking and valuation, and prepare accurate monthly cost, estimate, tender, and procurement reports.
    • Implement value engineering and life cycle costing strategies to optimize project costs and maximize investor value.
    • Negotiate and close final accounts, ensuring financial governance, accountability, and investor confidence.
    • Support pre-contract activities to enhance risk management, budget planning, and project cost forecasting across the project lifecycle.
    • Lead post-contract cost and commercial management, including interim applications, variation valuation, change management, and extension of time claims.
    • Ensure strict compliance with contractual procedures, FIDIC/standard form contracts, and investor governance requirements.
    • Act as the primary interface with clients, consultants, contractors, and project stakeholders, ensuring transparency and alignment.
    • Drive the procurement process, including pre-qualification, tendering, bid analysis, contractor selection, and contract finalization.

    About You:

    • B.E. / B.Tech in Civil / Mechanical / Electrical Engineering
    • Additional Certifications (if any):
    • Certified Cost Engineer (CCE) / RICS / ICMA (if applicable)
    • FIDIC Contract Management / Project Management Certification
    • Advanced Excel, MS Project, or other project cost management tools

    Sourced from naukri

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    Section · 02

    Skills

    CostingAgilevaluationChange ManagementLearning And Developmentelectrical engineeringProject ManagementRisk ManagementProcurementBudgetingcompliancefinancecontract managementForecasting

    Section · Company

    About Cushman & Wakefield

    Cushman & Wakefield

    Cushman & Wakefield

    Real Estate

    3.8k+

    employees

    1917

    109 years old

    Chicago

    United States (USA)

    ₹9.6L PA avg

    Avg at Cushman & Wakefield

    About

    Fuelled by ideas, expertise, and dedication across borders and beyond service lines, Cushman & Wakefield creates real estate solutions to prepare their clients for what next.

    Industries

    Real Estate

    Employee ratings

    10 reviews

    4.1/ 5

    Culture

    4.4

    Career growth

    4.0

    Work-life

    4.6

    Employees rate it well for

    Overall Company41Company Culture40

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