Cost Controller

Naiknavare Developers Pvt. Ltd.; Pune District; On-site; INR 1,200,000 - 2,400,000; Full time

Job summary

Naiknavare Developers Pvt. Ltd. in Pune District, Maharashtra, is seeking a Finance cost-control professional to manage project costing, budgeting, and ERP-based cost systems. You will prepare cost sheets, track variance, and supervise WIP and contracts.

The role requires CMA/MBA Finance or Civil Engineering with costing, 5–8 years in Real Estate/Construction, and strong Excel/ERP skills for effective MIS reporting.

Qualifications

• Costing and BOQ analysis in real estate/construction projects.
• Knowledge of real estate accounting and ERP systems.
• Advanced Excel skills including Pivot, MIS, costing.
• Familiarity with Construction ERP.
• Analytical and commercial mindset.

Responsibilities

• Prepare detailed project cost sheets and budget tracking.
• Assist in feasibility studies and cost estimation.
• Monitor budget utilization and variance analysis.
• Review work orders, contracts, and RA bills.
• Track WIP and proper capitalization of costs.
• Coordinate cash flow and funding with accounts.
• Generate monthly project cost reports and MIS.

Skills

Construction costing

BOQ analysis

Real estate accounting

Advanced Excel

ERP knowledge

Education

CMA / MBA Finance

Civil Engineer with Costing Experience

Tools

Construction ERP

Job description

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 / MBA Finance / Civil Engineer with Costing Experience
• - 5–8 years experience in Real Estate / Construction