Budgeting and Costing Manager

8 - 13 years

8 - 15 Lacs

Posted:1 day ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Key Responsibilities:*

Budget Preparation & Planning*

* Prepare detailed project budgets based on drawings, BOQs, and technical specifications.

* Collaborate with project managers, engineers, and procurement teams to estimate cost requirements.

* Develop annual and quarterly budgets for ongoing and new projects.

* Prepare cash flow projections and budget forecasts for management review.

Cost Estimation & Analysis

* Review and verify cost estimates from the estimation department and vendors.

* Evaluate actual project costs against budgeted figures to identify variances.

* Analyze material, labor, subcontracting, and overhead costs for cost optimization.

* Maintain cost databases and update rate analysis periodically.

Cost Control & Monitoring*

* Monitor project expenditure throughout the project lifecycle.

* Track committed vs. actual costs and report deviations.

* Recommend corrective measures for cost overruns and financial inefficiencies.

* Implement cost-control procedures and ensure adherence to approved budgets.

Reporting & Documentation*

* Prepare monthly and quarterly cost reports and dashboards for management.

* Provide detailed MIS reports on budget utilization, variance, and profitability.

* Ensure timely submission of cost summaries for management and audit purposes.

Coordination & Stakeholder Management*

* Liaise with project, procurement, finance, and contracts teams to align cost data.

* Support tendering and bidding teams with accurate cost information.

* Work closely with auditors and management during cost audits and financial reviews.

System & Process Improvement*

* Develop and improve cost control systems, tools, and templates.

* Assist in the implementation of ERP or project costing software.

* Identify process gaps and implement efficiency improvements.

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Ahluwalia Contracts logo
Ahluwalia Contracts

Construction

New Delhi

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