CHENNAI · FULLTIME
Cost Manager

Cushman & Wakefield
Chennai · onsite · Posted 6d ago
Sourced from
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
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Section · 02
Skills
CostingAgilevaluationChange ManagementLearning And Developmentelectrical engineeringProject ManagementRisk ManagementProcurementBudgetingcompliancefinancecontract managementForecasting
Section · Company
About 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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