budget head engineer/ estimation head

3 weeks ago

Pune, Maharashtra, India Angel and Genie Full time

Key Responsibilities:

  • Lead the development of comprehensive project budgets, including high-level cost estimation, forecasting, and financial planning for all ongoing and upcoming projects
  • Review and approve budget proposals from project teams, ensuring alignment with organizational goals and financial strategies
  • Prepare and oversee the master schedule, and ensure accurate establishment and tracking of project baselines
  • Monitor financial progress of projects, including tracking of expenditures, variance analysis, and performance against budgets
  • Implement systems for real-time budget monitoring, controls, and exception reporting to ensure proactive cost management
  • Analyse and optimize BOQs across projects to ensure cost efficiency and consistency
  • Oversee the preparation and submission of detailed MIS, PRM, and other financial performance reports for senior management
  • Identify potential risks, conduct thorough financial risk assessments, and implement controls to mitigate budgetary risks
  • Ensure full compliance with financial regulations, audit standards, and internal policies across all budgeting activities
  • Collaborate closely with project managers, engineering heads, purchase, and site teams for seamless financial coordination
  • Approve major purchase orders, invoices, contracts, and other financial documents in line with budgetary approvals
  • Guide and mentor the budget and planning team, including junior staff, by setting performance benchmarks and conducting regular trainings
  • Develop and drive budgeting frameworks, tools, and best practices to improve accuracy, accountability, and cost control
  • Act as a strategic partner in cross-functional project planning, offering insights and financial leadership during project reviews
  • Contribute to organizational strategy by providing data-backed recommendations on cost reduction and resource optimization

Desired Candidate Profile:

  • Minimum 12-15 years of experience in budget management, cost control, or financial planning within real estate, construction, or infrastructure sectors
  • Strong experience in project budgeting, BOQ analysis, cost forecasting, and variance reporting
  • Proficient in budgeting tools, ERP (Highrise Kanixx) system, and project management software
  • Exceptional analytical, leadership, and communication skills
  • Proven ability to lead cross-functional teams and manage complex project budgets across multiple sites
  • Bachelor's in Engineering / Finance / Quantity Surveying; MBA or professional certifications
  • Willingness to travel to project sites for budget reviews and audits

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