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

Exp - 5 to 8 years experience in real estate.