Head - Cost & Budgeting - Technical Domain - Real Estate

Description:

• Prepare, develop, and maintain comprehensive project cost plans from conceptualization through project completion.
• Monitor and manage project budgets, ensuring accurate tracking of committed costs, actual expenditures, forecasts, and Estimate at Completion (EAC).
• Conduct monthly Earned Value Analysis (EVA) including:
• Cost Performance Index (CPI)
• Schedule Performance Index (SPI)
• To Complete Performance Index (TCPI)
• Cost and schedule variance reporting
• Independently prepare and present cost reports to senior leadership, including trend analysis, cost performance metrics, and project cash flow forecasting.
• Collaborate closely with project teams to periodically assess and validate cost-to-complete projections.
• Benchmark project costs against industry standards, historical project data, and market trends to drive cost optimization.
• Review variation orders/change orders, identify root causes, and implement preventive measures to minimize recurrence across projects.
• Develop, update, and maintain a centralized rate library and cost database covering all construction disciplines.
• Identify project cost risks and recommend corrective actions to ensure budget adherence.
• Support procurement and commercial teams with cost analysis, vendor benchmarking, and financial evaluations.
• Drive continuous improvement initiatives related to project cost management processes and reporting systems.
• Ensure compliance with organizational financial controls, project governance standards, and reporting requirements.

Desired Candidate Profile:

• Bachelor's Degree in Engineering / Construction Management / Quantity Surveying / Finance or related discipline.
• Strong understanding of project controls, cost engineering, budgeting, forecasting, and financial reporting.
• Hands-on experience in large-scale construction, infrastructure, hospitality, real estate, or industrial projects.
• Expertise in Earned Value Management (EVM) methodologies.
• Strong analytical, stakeholder management, and communication skills.
• Proficiency in project management and cost control tools such as ERP systems, MS Excel, Primavera, SAP, Power BI, or equivalent platforms.
• Ability to work independently and manage multiple projects simultaneously.