Cost Manager

Turner International India; Mumbai; On-site; INR 2,500,000 - 3,600,000; Full time

Job summary

Turner International India is seeking an experienced Cost & Commercial Manager to drive cost control, budgeting, and commercial governance across large-scale projects from a PMC/client representative perspective.

The role requires 12+ years in cost management, with strong knowledge of contracts, tendering, and value engineering. Delegated authorities include contract reviews, risk mitigation and stakeholder coordination across clients, consultants, contractors and vendors.

Qualifications

• 12+ years in Cost Management, QS, Commercial Management and Contract Administration.
• Degree in Civil Engineering, Quantity Surveying, Construction Management or related field.
• Strong PMC/Cost Consultancy/Client Representative experience desirable.
• Experience in pre-contract and post-contract commercial activities on large-scale projects.
• Experience in semiconductor, advanced manufacturing, data centers, pharma, or heavy industry projects.
• Knowledge of cost planning, BOQ preparation, tendering, contractor bill certification and change management.

Responsibilities

• Lead overall pre-contract and post-contract cost management activities from the PMC/client representative side.
• Establish project cost management procedures, reporting formats, trackers and commercial controls.
• Prepare/review cost estimates, budgets, BOQs and cost plans at various stages of the project.
• Review estimates and advise the project/client team on cost implications and opportunities for optimization.
• Maintain overall project cost reports, including committed cost, incurred cost, forecast cost, outstanding liabilities and Estimate at Completion (EAC).
• Prepare and monitor project cash-flow forecasts against approved budgets and project targets.
• Review contractor/vendor running accounts bills and final bills in accordance with contractual terms.
• Verify supporting documents, measurements and Bar Bending Schedules (BBS) as applicable.
• Conduct/coordinate on-site measurement verification against executed quantities.
• Maintain comprehensive bill certification and payment trackers.
• Ensure timely certification while maintaining appropriate commercial and contractual controls.
• Lead commercial evaluation of tenders and provide recommendations to the client for contractor/vendor selection.
• Participate in commercial negotiations and support contract award recommendations.
• Review contract documents and provide commercial/contractual comments and recommendations to the client.
• Support the project team on contractual matters, notices, correspondence and commercial issues.
• Establish and manage processes for variations, change orders and additional works.
• Review contractor variation claims, validate entitlement and quantities, assess commercial impact and recommend settlement to the client.
• Maintain variation/change registers and monitor their impact on the overall project budget.
• Support assessment and resolution of claims, disputes and contractual/commercial risks.
• Participate in Value Engineering (VE) workshops and track identified savings.

Skills

Cost management

Contract administration

Budgeting

Change management

Stakeholder management

Forecasting

Value engineering

Tendering

Negotiations

Leadership

Education

Civil Engineering / Quantity Surveying / Construction Management

Job description

Key Responsibilities:

Cost & Commercial Management

• Lead overall pre-contract and post-contract cost management activities from the PMC/client representative side.
• Establish project cost management procedures, reporting formats, trackers and commercial controls.
• Prepare/review cost estimates, budgets, BOQs and cost plans at various stages of the project.
• Review estimates and advise the project/client team on cost implications and opportunities for optimization.
• Maintain overall project cost reports, including committed cost, incurred cost, forecast cost, outstanding liabilities and Estimate at Completion (EAC).
• Prepare and monitor project cash-flow forecasts against approved budgets and project targets.

Billing & Measurement

• Review and certify contractor/vendor running account bills and final bills in accordance with contractual terms.
• Verify supporting documents, measurements and Bar Bending Schedules (BBS) as applicable.
• Conduct/coordinate on-site measurement verification against executed quantities.
• Maintain comprehensive bill certification and payment trackers.
• Ensure timely certification while maintaining appropriate commercial and contractual controls.

Tender & Procurement Management

• Prepare/review BOQs, tender documents and commercial packages in coordination with technical teams.
• Coordinate with vendors/contractors for commercial quotations and required clarifications.
• Prepare/review commercial comparative statements and bid evaluation reports.
• Lead commercial evaluation of tenders and provide recommendations to the client for contractor/vendor selection.
• Participate in commercial negotiations and support contract award recommendations.

Contract Administration & Change Management

• Review contract documents and provide commercial/contractual comments and recommendations to the client.
• Support the project team on contractual matters, notices, correspondence and commercial issues.
• Establish and manage processes for variations, change orders and additional works.
• Review contractor variation claims, validate entitlement and quantities, assess commercial impact and recommend settlement to the client.
• Maintain variation/change registers and monitor their impact on the overall project budget.
• Support assessment and resolution of claims, disputes and contractual/commercial risks.

Value Engineering & Cost Optimization

• Participate in and facilitate Value Engineering (VE) workshops with the client, design consultants, contractors and other stakeholders.
• Evaluate proposed alternatives from a cost and commercial perspective.
• Track identified savings and review the final Value Engineering Report before submission to the client.
• Identify opportunities for cost optimization without compromising quality, safety, functionality or project requirements.

Reporting & Stakeholder Management

• Prepare monthly cost reports, outstanding reports, cost incurred reports, cash-flow forecasts and management dashboards.
• Provide clear visibility to the client on budget status, commitments, variations, forecast final cost and key commercial risks.
• Attend project reviews and senior management meetings and provide updates on cost and commercial performance.
• Coordinate closely with client representatives, project managers, design consultants, contractors and vendors.
• Escalate potential budget overruns and commercial risks and recommend appropriate mitigation measures.

Experience & Qualification:

• 12+ years of overall experience in Cost Management, Quantity Surveying, Commercial Management and Contract Administration.
• Degree in Civil Engineering / Quantity Surveying / Construction Management or related discipline.
• Strong PMC / Cost Consultancy / Client Representative experience is highly desirable.
• Demonstrated experience managing both pre-contract and post-contract commercial activities on large-scale projects.
• Experience in semiconductor, advanced manufacturing, data centers, pharmaceutical, heavy industrial or other technically complex projects will be preferred.
• Strong knowledge of cost planning, BOQ preparation, quantity take-off, tendering, contractor bill certification, variation/change management, claims and contract administration.
• Experience in cost forecasting, cash-flow management, cost reporting, commercial negotiations and value engineering.
• Strong stakeholder management skills with the ability to coordinate effectively with clients, consultants, contractors and vendors.
• Ability to independently lead the cost and commercial management function from a PMC/client representative perspective.