Project Cost Control Manager

Job Profile:

To lead and manage the cost control, budgeting, and commercial functions of the project, ensuring effective financial planning, cost monitoring, contract management, and adherence to company policies. The role is responsible for maintaining project profitability, ensuring cost discipline, and supporting management in decision-making through accurate cost analysis and forecasting.

Key Responsibilities: - Prepare and finalize detailed

Project Cost to Complete (CTC)

based on design, specifications, and construction methodology, coordinating the finalization process along with the DCO team. - Establish

cost monitoring systems

and track project expenditure against approved budgets. - Monitor

CM discretionary spend

to ensure it remains within organizational norms. - Support management in

cash flow planning, cost forecasting, and AOP finalization

. - Ensure

timely certification and closure of vendor bills

, minimizing hold-ups and disputes. - Implement

cost control mechanisms

to track site-level expenses, consumables, and petty cash usage. - Work closely with the

Procurement team

for preparation and finalization of work orders, service orders, and amendments. - Ensure

timely issuance of contract amendments

for approved extra items, deviations, and variations. - Scrutinize and validate

extra item proposals, rate analyses, and change orders

. - Maintain a

comprehensive contract register

and track deliverables, milestones, and financial commitments. - Ensure proper

documentation, approvals, and budget adjustments

for variations and scope changes. - Maintain updated records of all

commercial deviations

for audit and management reporting. - Drive adherence to the

company’s commercial policies and approval protocols

. - Highlight potential

risks or savings opportunities

through analytical cost insights. - Support

internal and external audit requirements

by maintaining transparent documentation. - Foster close coordination with

Project Execution, Planning, Finance, and Design teams

for seamless process flow and timely vendor payments. -

Mentor team members

and build capability in cost planning and contract management.