Cost Manager
Actively Reviewing the ApplicationsCushman & Wakefield
India, Tamil Nadu, Chennai
Full-Time
On-site
Posted 2 days ago
•
Apply by May 13, 2026
Job Description
Job Title
Cost Manager
Job Description Summary
This role oversees all cost and commercial management activities across the project lifecycle. The role includes project budgeting, cost control, value engineering, billing verification, and financial governance. For investor-driven projects, the Cost Lead manages escrow accounts to ensure fund utilization aligns with RERA and investor requirements. Acting as a key liaison between the project, client, and finance teams, the role ensures accurate cash flow forecasting, cost reporting, and financial transparency, supporting informed decision-making and overall project profitability.
Job Description
About the Role:
As one of the leading global real estate services firms transforming the way people work, shop and live working at Cushman & Wakefield means you will benefit from;
We achieve this by providing a flexible and agile work environment by focusing on technology and autonomy to help our people achieve their career ambitions. We focus on career progression and foster a promotion from within culture, leveraging global opportunities to ensure we retain our top talent. We encourage continuous learning and development opportunities to develop personal, professional and technical capabilities, and we reward with a comprehensive employee benefits program.
We have a vision of the future, where people simply belong.
That's why we support and celebrate inclusive causes, not just on days of recognition throughout the year, but every day. We embrace diversity across race, colour, religion, sex, national origin, sexual orientation, gender identity or persons with disabilities or protected veteran status.
We ensure DEI is part of our DNA as a global community - it means we go way beyond than just talking about it - we live it. If you want to live it too, join us.
INCO: “Cushman & Wakefield”
Cost Manager
Job Description Summary
This role oversees all cost and commercial management activities across the project lifecycle. The role includes project budgeting, cost control, value engineering, billing verification, and financial governance. For investor-driven projects, the Cost Lead manages escrow accounts to ensure fund utilization aligns with RERA and investor requirements. Acting as a key liaison between the project, client, and finance teams, the role ensures accurate cash flow forecasting, cost reporting, and financial transparency, supporting informed decision-making and overall project profitability.
Job Description
About the Role:
- Lead post-contract cost and commercial management, including interim applications, variation valuation, change management, and extension of time claims.
- Ensure strict compliance with contractual procedures, FIDIC/standard form contracts, and investor governance requirements.
- Act as the primary interface with clients, consultants, contractors, and project stakeholders, ensuring transparency and alignment.
- Drive the procurement process, including pre-qualification, tendering, bid analysis, contractor selection, and contract finalization.
- Monitor and control post-contract cost variances, perform cost checking and valuation, and prepare accurate monthly cost, estimate, tender, and procurement reports.
- Implement value engineering and life cycle costing strategies to optimize project costs and maximize investor value.
- Negotiate and close final accounts, ensuring financial governance, accountability, and investor confidence.
- Support pre-contract activities to enhance risk management, budget planning, and project cost forecasting across the project lifecycle.
- Lead post-contract cost and commercial management, including interim applications, variation valuation, change management, and extension of time claims.
- Ensure strict compliance with contractual procedures, FIDIC/standard form contracts, and investor governance requirements.
- Act as the primary interface with clients, consultants, contractors, and project stakeholders, ensuring transparency and alignment.
- Drive the procurement process, including pre-qualification, tendering, bid analysis, contractor selection, and contract finalization.
- B.E. / B.Tech in Civil / Mechanical / Electrical Engineering
- Additional Certifications (if any):
- Certified Cost Engineer (CCE) / RICS / ICMA (if applicable)
- FIDIC Contract Management / Project Management Certification
- Advanced Excel, MS Project, or other project cost management tools
As one of the leading global real estate services firms transforming the way people work, shop and live working at Cushman & Wakefield means you will benefit from;
- Being part of a growing global company;
- Career development and a promote from within culture;
- An organisation committed to Diversity and Inclusion
We achieve this by providing a flexible and agile work environment by focusing on technology and autonomy to help our people achieve their career ambitions. We focus on career progression and foster a promotion from within culture, leveraging global opportunities to ensure we retain our top talent. We encourage continuous learning and development opportunities to develop personal, professional and technical capabilities, and we reward with a comprehensive employee benefits program.
We have a vision of the future, where people simply belong.
That's why we support and celebrate inclusive causes, not just on days of recognition throughout the year, but every day. We embrace diversity across race, colour, religion, sex, national origin, sexual orientation, gender identity or persons with disabilities or protected veteran status.
We ensure DEI is part of our DNA as a global community - it means we go way beyond than just talking about it - we live it. If you want to live it too, join us.
INCO: “Cushman & Wakefield”
Required Skills
Quick Tip
Customize your resume and cover letter to highlight relevant skills for this position to increase your chances of getting hired.
Related Similar Jobs
View All
Associate Product Manager
TerraTern
India
Full-Time
Engineering
Marketing
AGM Planning
Larsen & Toubro
India
Full-Time
Engineering
Mechanical Engineering
Field Engineer
Jio-bp
India
Full-Time
₹8–13 LPA
Engineering
Electrical Engineering
Mechanical
Senior Production Engineer
Capsbury Limited & AARA DESIGN
India
Full-Time
Engineering
JavaScript
Python
+1
Banker-Customer Experience
IDFC FIRST Bank
India
Full-Time
Share
Quick Apply
Upload your resume to apply for this position