Project Cost Controller

Cultfit Projects is responsible for monitoring, analyzing, and optimizing project costs across all Cultfit gyms and Cult Store build-out projects. The role ensures financial discipline by validating BOQs, tracking budgets, verifying contractor claims, and providing timely cost insights for decision-making. This position works closely with City Leads, Project Managers and Procurement to maintain cost efficiency while adhering to design and quality standards.

Key Responsibilities: Cost Planning & Budget Management Prepare and validate project cost estimates, budgets, and BOQs Analyze design drawings, scope of work, and specifications to ensure accurate costing. Track budget utilization and highlight deviations, risks, and overruns in advance. Review NT requests and ensure cost implications are well-documented and approved. Vendor, Contractor & Procurement Coordination Collaborate with Procurement on rate finalization and vendor contracts Verify vendor quotations and have rate analyses on the proposed cost. Validate contractor bills, final recon bills, and additional item claims. Coordinate with Project Managers for on-ground validation of works executed. Cost Monitoring, Reporting & Controls Maintain project-wise cost trackers, dashboards, and MIS reports. Monitor material consumption, wastage, rate discrepancies, and budget adherence. Identify cost risks early and recommend corrective measures. Conduct cost audits for completed projects and generate variance analysis reports. Provide monthly cost insights to leadership and highlight key cost drivers. Ensure accurate documentation for cost approvals, audits, and final settlements.

Required Skills & Competencies Strong understanding of BOQs, rate analysis, cost estimation, and budgeting. Knowledge of Civil, Interior, Electrical, HVAC, and MEP work items. Excellent analytical, numerical, and Excel/Google Sheets skills. Familiarity with project tracking, billing verification, and commercial documentation. Ability to manage multiple project cost controls across locations.

Experience & Qualifications 4+ years of experience in Cost Control, Estimation, QS, or Commercial roles in Interior Fit-Out, Retail, or Hospitality projects. B.E/B.Tech in Civil Engineering with strong QS/Cost background.