Cost Controller

Key Responsibilities:

1. Project Budgeting & Cost Planning:

- Preparation of detailed project cost sheets

- Assist in feasibility study & cost estimation

- Prepare BOQ-based budget tracking

- Develop project cash flow forecasts

- Monitor budget utilization project-wise

2. Cost Monitoring & Variance Analysis:

- Track actual vs budget on a monthly basis

- Identify cost overruns and recommend corrective action

- Analyze RCC, MEP, finishing, liaisoning, and marketing costs

- Department-wise overhead allocation

3. Contract & Vendor Cost Control:

- Review work orders and contracts

- Validate RA bills & contractor claims

- Certification coordination with Project Team

- Monitor change orders and additional work cost impact

- Control usage of miscellaneous expense heads

4. WIP & Inventory Control:

- Monitor Work-in-Progress (WIP)

- Ensure proper capitalization of project costs

- Cost allocation between inventory & expense

- Revenue recognition coordination with accounts

5. Cash Flow & Fund Control:

- Track project inflows vs outflows

- Align cost planning with funding availability

- Monitor finance cost capitalization

- Support loan drawdown planning

6. ERP & Cost Systems:

- Ensure correct cost booking in ERP

- Validate cost center & project coding

- Assist in setting up budget controls in ERP

- Maintain cost control MIS

7. MIS & Reporting:

- Monthly Project Cost Report

- Budget variance report

- Department-wise overhead analysis

- Project margin tracking

- Management presentation support

Desired Skills:

- Strong understanding of construction costing and BOQ analysis

- Real estate accounting knowledge

- Advanced Excel skills (Pivot, MIS, Costing)

- ERP knowledge (Construction ERP preferred)

- Analytical and commercial mindset

Qualification:

- CMA / MBA Finance / Civil Engineer with Costing Experience

- 5–8 years experience in Real Estate / Construction