Cost Manager

Isprava is India’s leading non-urban, luxury home developer. Over the past nine years, Isprava has grown exponentially by creating some of India’s most sought-after luxury homes in non-urban locations. The company has over 220 properties worth over USD 360 million spread across Goa, Alibaug, Kasauli and the Nilgiris. Isprava specialises in designing and building luxury homes and providing end-to-end services that include identifying the best locations, crafting bespoke spaces and ensuring seamless delivery of fully furnished homes to homeowners. Focused on providing only the finest to their customers, Isprava’s defining principles - exclusivity, comfort, and integrity -- have propelled them to become an acknowledged connoisseur of crafting one-of-a-kind lifestyle experiences through distinctly unique residences.

Website link - https://www.isprava.com/

Press page - https://www.isprava.com/in-the-media/

Locations and homes - https://www.isprava.com/home/

Our story - https://www.isprava.com/our-story/

For more information visit www.lohono.com

Designation: Business Finance Manager/ Civil Finance Manager/ Cost Manager

BU: Isprava Vesta Pvt. Ltd

Dept: CAF

Location: Mumbai (Dadar East)

Role Overview:

We are looking for a highly driven professional with a civil engineering background and a postgraduate degree (MBA Construction Management or equivalent). The ideal candidate will work closely with the senior leadership to support project feasibility, pricing strategies, cost estimation, budgeting, and financial planning for luxury villa developments in various locations in India.

This role involves coordinating with project teams, finance, design, procurement, and other stakeholders to ensure accurate data, timely reporting, and well-structured analyses for decision-making.

Key Responsibilities:

Project Feasibility & Pricing -

• Assist in preparing project feasibility studies for new land acquisitions and developments.
• Support pricing strategies based on costs, market insights, competitor bench marking, and unit economics.

Cost Estimation & Budgeting -

• Prepare detailed cost estimates for civil, architectural, MEP, interior, and landscape packages with the help and support of relevant stakeholders.
• Work with QS teams and Operations team to update cost databases and maintain benchmark rates.
• Conduct and participate in budget reviews and variance analysis during project execution.

Coordination & Data Management

• Liaise with design, projects, procurement, and sales teams to gather updated data.
• Ensure documents, drawings, and project details are organised and accessible for leadership.
• Support the Founder’s Office with structured reports and strategic insights.

Process Improvement

• Identify gaps in cost tracking, estimation, and workflow efficiency.
• Propose solutions to streamline internalprocesses and improve accuracy.
• Develop templates, formats, and SOPs for smoothercross-team collaboration.

Key Requirement:

• Bachelors degree in Civil Engineering
• MBA in Construction Project Management or a Masters in Construction Management
• 5 - 10 years of experience in Real estate, Contracting, Cost management, or Construction consulting.

Reporting to: Chief Financial Officer