Manager - Estimation and Budgeting

4 months ago

Pune, India Gera Developments Full time

About us:

Over 52 years, 62 projects & approx. 9 million sq. ft. under development, we have won the trust of 10000+ customers. We not only create premium residential and commercial projects but deliver novel experiences anchored in our values of trust, quality, customer first and innovation. Driven by our philosophy of ‘Let’s Outdo’ we strive for excellence and aim to not just meet the expectations of our customers but to surpass them.


After 5 decades of unwavering commitment towards putting customers first our footprint spans Pune, Goa, and Bengaluru. We have also entered the international market with projects in California, San Francisco, USA, thus creating a global presence.


Gera Developments Pvt Ltd is the only Developer to be in the top 10 Mid-size Organizations 6 times in a row in the Great Places to work Mid-Size Companies. Year 2023-24 has been remarkable for us as we rank at #9 in Best Mid-size workplaces, India and at 60th in Best Mid-size workplaces, Asia, along with being recognized for Building a Culture of Innovation by all, Best Workplaces for Millennials, Best Workplaces for Woman, which is a testimony to our people practices.


How did we get this far?

We cheer for our outdoers. We care about them. And we invest in them. We root for them to succeed. We actively create a culture of innovation, inclusiveness, high growth, and rewards to inspire in our employees the ability to challenge themselves. To become their own competition and meet not just their professional goals but also their goals of self-development.


What does a career with us mean?

  • Freedom to innovate.
  • Take risks, learn from the failures & cultivate new skills.
  • Countless opportunities to show case entrepreneur in everyone.


The kind of people the team needs:

  • Go-getters who aim big and achieve bigger results.
  • Out-of-the-box thinkers who think on their feet, always finding innovative solutions.
  • People of character, whose biggest asset is their integrity.
  • Master jugglers who can multitask like a pro without dropping a single ball.
  • Self-driven action enthusiasts who do not wait for a nudge to deep dive into a plan If that sounds like you and you have a love for 'Outdoing', this is the place to be


We are looking for Civil Engineering candidates for the role of "Manager - Costing & Budgeting" with us.


The position will be responsible for developing and monitoring detailed project budget based on defined guidelines and ensuring strict budgetary control on construction expenses. The position will be responsible for scrutinizing and approving contractor’s bills and vendor’s bills as part of the bill passing process post verification of bills at site. The position will be responsible for making estimations when required, providing financial projections periodically considering actual expenses and contingencies and providing analysis on options to enable cash flow planning. It will also be responsible for supporting the Execution team on all financial analysis required including for capital expenditure, design changes, etc


Roles & Responsibilities:

Construction Budgets

  • Manage the entire budgeting process of the construction budget including all other site related expenses
  • Preparation of block estimates, Concept Level Budget, GFC level budget and annual CTCs.
  • Coordinate with Procurement, Design, Execution and Contract administration for required inputs and assumptions for approvals
  • Prepare package level BOQ’s as per Tender Event Schedule
  • Ensure accurate revisions/update in the budgets based on site progress / change in designs/material specifications/quantities
  • Value Engineering

Monitoring Budgets

  • Monthly budget tracking and monitoring to highlight deviations/discrepancies / budget overshoots of the Project.
  • Monitor project progress in terms of cash flow and proactively identify concerns areas and take corrective actions in consultation with the Project Head and PMG Head
  • Review stage level drawings w.r.t Budget assumptions and highlight deviations.
  • Monthly review of inventory levels at site
  • Support in Variation orders.
  • Drive continuous efforts to reduce/minimize material wastage on sites and identify areas for cost savings

Financial projections & Analysis

  • Provide financial analysis on various proposals – capital expenditure, design /material changes, outsourcing proposals, etc to enable decision making
  • Support Execution teams in decision making through financial analysis or estimates as required
  • Provide data and reports to support Finance department requirements


Bill Passing

  • Review & approve bills approved by Site Billing Engineer
  • Highlight all deviations and escalate for required approvals as per the delegation of authority


Skills Required:

  • Bachelors in Civil Engineering
  • Experience of 8 to 10 years with last 4-5 years in Costing & Budgeting field.
  • Hands-on experience in SAP, Autocad, MS office.
  • Good communication skills


Competencies Required:

  • Result Orientation
  • Analysing & decision making
  • Integrity
  • Business Acumen
  • Customer Focus


If you love 'OUTDOING', this is the place to be

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