Sr. Manager /Manager -Budgeting & Cost Control (Gurugram)

Job Summary:

Responsible for preparing and managing budgets, cost control, and financial analysis for infrastructure projects. The role requires expertise in subcontractor management, reviewing work orders, purchase orders, and ensuring financial efficiency in procurement and contracting processes.

Key Responsibilities:

Budgeting & Cost Management:

• Develop and manage

  project budgets

  , ensuring alignment with overall financial plans.
• Monitor

  cost variances

  and recommend corrective actions to control project expenses.
• Provide

  cost projections

  and financial forecasts to support strategic decision-making.
• Work closely with project teams to ensure adherence to budgetary constraints.

Subcontractor Management:

• Evaluate and negotiate

  subcontractor agreements

  to optimize cost and efficiency.
• Ensure compliance with contractual terms, including

  scope, timelines, and payment milestones

  .
• Analyze subcontractor performance and recommend improvements or cost-saving measures.
• Resolve disputes and claims with subcontractors while ensuring project continuity.

Work Order & Purchase Order Review:

• Review and approve

  work orders (WO)

  and

  purchase orders (PO)

  to ensure cost-effectiveness.
• Verify

  quantities, specifications, and rates

  before issuing POs.
• Coordinate with procurement, finance, and project teams for smooth processing of orders.
• Monitor

  vendor payments

  and ensure compliance with contractual terms.

Vendor Costing:

• Evaluate supplier pricing and

  contracts

  to achieve cost savings.
• Monitor

  material procurement costs

  , ensuring competitive pricing and quality standards.
• Implement strategies to optimize procurement costs while maintaining project quality.

Financial Reporting & Analysis:

• Prepare

  cost analysis reports, project profitability reports

  , and variance reports.
• Maintain accurate records of project costs, payments, and commitments.
• Conduct

  risk analysis

  to identify potential cost overruns and recommend mitigation measures.
• Present cost insights and recommendations to senior management.

Required Qualifications & Experience:

• Education:

  B.Tech/ M. Tech- Civil

• Experience:

  12 to 20 years of experience in budgeting, costing, and contract management in the

  infrastructure, construction, or EPC

  industry.
• Strong knowledge of

  SAP / ERP systems

  related to cost control and procurement.
• Expertise in

  contract negotiation, cost analysis, and project financial management

  .
• Experience in

  vendor and subcontractor management

  .

Interested candidates my share there CVs on gajan.singh@draipl.com