General Manager - Costing

Lloyds Infrastructure & Construction Limited; Salem; On-site; INR 6,000,000 - 9,000,000; Full time

Job summary

Lloyds Infrastructure & Construction Limited is seeking a Senior General Manager - Costing in Tamil Nadu to own cost estimation, budgeting, and control for major construction projects. You will lead project costing end-to-end, including BOQs, rate analysis, and cost-to-complete forecasts, while coordinating with procurement and finance teams.

Key responsibilities include governing contractor commercials, negotiating with suppliers, leading cost governance, and reporting variances to the Director

Qualifications

• 20+ years in costing, quantity surveying, or project finance.
• 8–10 years in senior leadership.
• Experience in construction, real estate, or infrastructure.
• Strong contracts, billing, measurement, and tendering knowledge.
• SAP and analytical tools such as Power BI or equivalent.
• Strong commercial judgement and ability to communicate cost insights to non-finance stakeholders.

Responsibilities

• Own project costing from estimate to final account, including BOQs, rate analysis, budgets, and cost-to-complete forecasts.
• Benchmark and negotiate rates with contractors, subcontractors, and suppliers; lead value engineering to optimize cost.
• Verify and certify contractor bills, manage variations, change orders, and claims.
• Control costs for materials, finishes, MEP, and specialized packages; track procurement against budget.
• Drive budget vs. actual variance analysis and report root causes and corrective actions to senior management.
• Build MIS dashboards for project cost tracking and automate reporting integrated with ERP.
• Ensure cost record integrity, audit readiness, and compliance with Cost Accounting Standards.
• Lead costing and quantity surveying team and align with procurement and finance.

Job description

The General Manager - Costing is a senior costing leader who will own cost estimation, budgeting, and cost control across construction and infrastructure projects. The role ensures projects are delivered on budget, on schedule, and to specification. It carries responsibility for project costing, contractor commercials, cost governance, and clear cost reporting to senior leadership.

Responsibilities

Project Costing & Estimation

• Own project costing from estimate to final account, including BOQs, rate analysis, budgets, and cost-to-complete forecasts.
• Prepare payment schedules and cash flow forecasts aligned to project progress.

Contractor & Commercial Management

• Benchmark and negotiate rates with contractors, subcontractors, and suppliers.
• Lead value engineering to optimize cost without compromising quality.
• Verify and certify contractor bills against measured progress, and manage variations, change orders, and claims.

Cost Control & Procurement

• Control costs for materials, finishes, MEP, and specialized packages.
• Track procurement against budget.

Reporting, Analytics & Digital

• Drive budget vs. actual variance analysis, and report root causes and corrective actions to senior management.
• Build MIS dashboards for project cost tracking and automate reporting, integrated with ERP.

Governance & Compliance

• Ensure cost record integrity, audit readiness, and compliance with Cost Accounting Standards.

Team Leadership & Stakeholder Management

• Lead the costing and quantity surveying team.
• Align project, procurement, and finance teams on cost data.
• Present cost insights to the Director of Finance and senior leadership.

Qualifications

• 20+ years in costing, quantity surveying, or project finance, with at least 8 to 10 years in senior leadership.
• A civil engineering background with QS or costing exposure is an advantage. MBA Finance or equivalent.
• Strong background in construction, real estate, or infrastructure, with experience managing large project budgets.
• Sound knowledge of contracts, billing, measurement, and tendering practices.
• Strong command of SAP and analytical tools (Power BI or equivalent).
• Strong commercial judgement and the ability to communicate cost insights to non-finance stakeholders.
• Experience with premium or high-specification building projects (residential, hospitality, or commercial) is preferred.
• Familiarity with project scheduling and management tools (Primavera, MS Project) is preferred.
• Experience leading digital finance or costing transformation is preferred.

Leadership Competencies

• Strong commercial judgement and cost discipline across large project budgets.
• Skilled negotiation and contractor management.
• Attention to detail with strong analytical rigor.
• Ability to build and lead costing and quantity surveying teams.
• Clear communication with senior leadership and non-finance stakeholders.
• Commitment to integrity, transparency, and audit-ready governance.