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