11 Cost Budgeting Jobs

As a software project manager at Somnetics, you will play a crucial role in overseeing software projects from initiation to completion. Your primary responsibilities will include scoping and requirement analysis, project effort and budgeting, planning and blueprinting, project oversight and tracking, quality assurance, process management, change management, liaison with stakeholders, and delivery management. To excel in this role, you should hold a bachelor's degree in information technology, software engineering, computer science, or a related field. Additionally, a minimum of 4 years of relevant experience in software project management is required. You should possess working knowledge of project estimation, quality assurance, and software engineering process management. Strong leadership, decision-making, and team collaboration skills are essential for success in this position. If you are an organized, result-oriented individual with a passion for managing software projects and maintaining relationships with stakeholders, we encourage you to apply for this exciting opportunity at Somnetics.,

Role & responsibilities : 1) Vendor Master Management Verify all required documents for vendor empanelment, including PAN Card and statutory numbers. Address vendor queries and ensure smooth empanelment processes. Performance Measures : Accuracy, Turnaround Time (TAT). 2) Material Master Creation Create and manage the material master in SAP. Ensure contractors/vendors are provided with all necessary documents for work order execution. 3) Pre-qualification of Contractors & Consultants Assist in vendor shortlisting based on quotation rates, reviews, and recommendations. Conduct reference checks to assess vendor profiles, company reputation, and work quality. 4) SAP Support Functions Act as a part of the SAP core team to assist and train users in SAP (MM module). Address process and system-related queries and create user manuals for SAP. Performance Measures : TAT, Process Compliance. Process Responsibilities 1) Process Adherence Ensure compliance with company-defined guidelines and processes. Adhere strictly to project timelines. Performance Measures : Process Compliance Percentage. 2) Process Improvement Identify opportunities for process improvements within the work area. Recommend and implement initiatives to enhance efficiency, reduce costs, and improve productivity. Performance Measures : Initiatives Taken, Impact of Improvement Ideas. People Responsibilities 1) Learning and Development Identify personal development needs and pursue self-development through training, certifications, and project involvement. Performance Measures : New Skills Acquired. Working Relationships 1) Internal Interfaces: Collaborate with all departments for contract-related issues and vendor interactions.

The role offers you the opportunity to be accountable for Project Procurement planning, Execution, and delivery to project sites within the specified timeline. You will be responsible for managing the Cost budget and enhancing it in alignment with project expectations. Your key responsibilities will encompass various procurement processes such as Product/Service Sourcing, Supplier Selection, Pricing/Terms Negotiation, Order Processing, Contract Administration, Supplier Performance Management, delivery expediting, resolving quality issues, and contract closure. Additionally, you will be involved in setting goals and objectives for team members to achieve operational results, as well as networking with project teams of all disciplines to ensure a coordinated effort in meeting customer expectations regarding project progress. Your impact will be significant through various aspects: Strategy Implementation: Collaborating with SCM Category Manager to develop and execute commodity strategies in line with project and company goals, ensuring compliance with SCM policies, procedures, and sustainability objectives. Procurement & Subcontracting: Overseeing end-to-end procurement processes, including RFQs, bid evaluations, negotiations, contract finalization & Execution, and contract closure. Selecting and onboarding subcontractors based on quality, cost, delivery, and HSE performance. Project Execution Support: Working closely with engineering, construction, and commissioning teams to ensure timely delivery of materials and services, monitoring supplier performance, and resolving quality or delivery issues. Risk Management: Identifying and mitigating risks related to subcontractor deviations and contractual obligations, ensuring the flow-down of contractual terms from main contracts to subcontracts. Documentation & Reporting: Maintaining accurate records of procurement activities and subcontractor evaluations, preparing reports for internal stakeholders on SCM performance and KPIs. Ensuring compliance with applicable external and internal regulations, procedures, and guidelines. To excel in this role, you should possess: A Bachelor's degree in electrical/mechanical engineering 7-15 years of experience in SCM roles in energy or infrastructure projects Strong negotiation, communication, and stakeholder management skills Experience with HVAC/HVDC systems and EPC project environments Proficiency in ERP systems (SAP) and MS Office tools Proficiency in both spoken & written English language Hitachi Energy values safety and integrity, expecting you to take responsibility for your actions while caring for your colleagues and the business. Should you require a reasonable accommodation due to a disability limiting your ability to access the Hitachi Energy career site, you may request accommodations through a general inquiry form on the website, including your contact information and specific details about the required accommodation. Please note that this accommodation process is exclusively for job seekers with disabilities needing accessibility assistance during the job application process. Other inquiries will not receive a response.,

Prepare month-wise cost sheets (PC/SC), Knowledge of SAP CO module and cost run activities, BOM verification and cost analysis, Cost audit & compliance knowledge, Annual budget preparation & capacity utilization analysis.

Role & responsibilities: Lead Costing Team of 8 to 10 person for all plants for providing Costing data, Cost MIS Data, Productivity, preparation of monthly cost sheets for all plants and review with the same finance/plant heads and management on the regular basis. Closely working with Plant heads/COO for improving plant Gross Profit and provide costing details for various cost reduction projects. Coordinate and implement with SAP Team various development in Plant related Production, Costing and Budget related new developments. Prepare and share New Product Costing in consultation with Plant Stakeholders/R&D Head/Design Team. Ensure right implementation of SAP CO module from SAP ECC to SAP Hana. Travel at least 10 days in a month to Morbi for discussing Monthly Costing Actual vs standard and Budget Report, Discussions with Finance head, Plant head and management presentations. Quarterly Plant Review presentation preparation and finalization after consulting with Plant Stakeholders, to be presented to Investors, management. Yearly standard cost update in SAP, Ensure accurate and timely cost release in SAP and suggest process improvements in CO Module. Preparation of Annual/ Monthly Budgeted Gross profit and tracking the same against actual. Discuss the deviation with Finance Head. Prepare and manage Plant Capex Budget & Tracking the same. Closely monitor New project / plant Budget vs. Actuals. Manage Audits and queries relating Costing & Production data. Preferred candidate profile: Should be willing to relocate at Morbi Proficient in SAP Costing Module, excel, costing processes, Budgeting Pro-active in taking initiative and decent in spoken and verbal communication Knowledge / exposure of SAP Hana Costing module or implementation is preferrable

Responsibilities: * Prepare BOQ, estimate costs & tenders * Conduct quantity surveys from start to finish * Manage client billing & contracts/claims * Analyze rates, prepare rate analyses * Collaborate on cost budgeting & planning Accessible workspace Cafeteria Travel allowance Health insurance Annual bonus Performance bonus Gratuity Provident fund Job/soft skill training

Responsibilities: * Manage cash flow & budgets * Prepare financial reports * Conduct cost analyses & variances * Optimize costs through analysis * Implement cost control measures

Mechanical Project Manager is responsible for planning, executing, and delivering mechanical engineering projects within scope, time, and budget. The role involves coordination with internal teams, contractors, clients, meet quality, safety std

The Compensation and Benefits Analyst is responsible for supporting the design, implementation, and administration of compensation and benefits programs. The role ensures internal equity, external competitiveness, and compliance with Indian labor laws and company policies. The analyst conducts market research, data analysis, and benchmarking to support salary structure reviews, incentive plans, and employee benefit schemes. Role & responsibilities Conduct job evaluations and assist in the development of salary structures. With more focus on Mercer job evaluation process Perform market benchmarking and salary surveys to ensure competitive compensation strategies. Analyze compensation data and provide insights to support salary reviews, promotions, and new hire offers. Administer employee benefit programs such as health insurance, provident fund (PF), gratuity, ESIC, and NPS. Monitor statutory compliance related to compensation and benefits in India (e.g., minimum wage, bonus act, labor codes). Assist in the design and analysis of incentive plans, variable pay, and performance-based rewards. Collaborate with HR and finance teams for budgeting and payroll inputs. Extensive experience in HR budgeting Support the annual compensation review and appraisal cycle. Prepare reports and dashboards on compensation metrics for HR leadership. Participate in audits and ensure timely documentation and compliance. Preferred candidate profile Bachelors degree in MBA/PGDM in HR preferred. 7 to 10 years of experience in compensation & benefits, HR analytics, HR operations or related fields Knowledge of Indian compensation laws and statutory requirements. Experience with salary survey tools (e.g., Mercer, Kornferry) is mandatory Proficiency in Advance excel, HRIS systems, Data analytics and working on reports Immediate joiners or max 15 days notice period candidates preferred Please share your updated profile on ritu.sharma@pluxeegroup.com / sakshi.manjrekar@pluxeegroup.com. Or reach out on 022 - 69364611.

Role & responsibilities Warehouse Operations Coordination between Warehouse and HO KPI Ensuring Inventory management Warehouse coordination Manpower planning Cost Budgeting Project implementation Candidates with excellent English communication skills apply pls.

Objectives of the function To provide accurate, timely, and insightful financial analysis and reporting on key operational KPI material costs, and in-house parts costing. This role supports decision-making by delivering detailed cost evaluations, variance analyses, and trend reporting, ensuring alignment with the financial a operational goals. This role will drive cost transparency, identify cost-saving opportunities, and enhance the accuracy of cost allocations, enabling the organization to optimize its manufacturing operations and improve profitability Responsibilities EI, MOD Business & Large Project Financial Controlling e.g. prepare and analyze all financial statements. Material Cost Budgeting and Variance Analysis. Monthly reporting of BU vs Actual Variance Analysis of: Recovery gap, Activity-rates, Overheads. Prepare monthly 3 months rolling material cost forecast. Inward & outward freight cost monitoring & controlling Evaluate each operational KPIs, and work with all stakeholders to achieve the KPI target. Monitor and implement plant internal controls (as per ON & SOPs) as necessary to ensure reporting integrity and identify risks Support Make or Buy, negotiation and relocation decisions Make Parts DPC Monitoring on monthly Basis Cost Center Creation, Create & Maintain Assessment Cycles (Annual/As required) Maintain Standard Cost and Perform Variance analysis. Planned/Actual Activity Rate Calculation and Overhead absorption variance analysis Maintain accuracy in transactions and records for inventory. Support annual physical inventory audit and monthly perpetual inventory system Lead the Capital Budgeting Process. Maintain a high-quality FAR, effectively manage the capitalization process in accordance with ON and WI. Maintain Cost records and cost audits to meet criteria, as outlined in the Companies (Cost Records and Audit) Rules. Update monthly/Quarterly Info Record in SAP etc. Education ACA/ACMA/MBA-Finance(From Premier Institute) Professional Experience 7-10 Years of relevant experience. (Preferably in Automotive or Engineering Industry). SAP(Mainly FICO) Knowledge is must Professional Skills High Communication Skill and Collaborative Approach Leadership and Team Building Strategic Thinking Entrepreneurship Languages English, Marathi, Hindi IT Experience using Data Intelligence software/Tool/MS Office (MS Excel, Power Point. Proj Planner etc.) 2-3 years of experience of using Should Costing Tool (aPriori) Key Competencies Highly business oriented Analytical and Critical thinking Stratergic Financial Planning Knowledge of Accounting standards and corporate Governance Standard Awareness Occupational Health, Safety, environment & Quality policy awareness ISO 14001, 45001, 9001 standard awareness ISO 500001 EnMS Standard awareness