Senior Budget Manager

7 days ago

Pune, Maharashtra, India beBeeBudget Full time ₹ 1,50,00,000 - ₹ 2,00,00,000

Budget Management Leader

As a budget management leader, you will play a critical role in overseeing financial planning and budgeting for construction and development projects. Your primary responsibility will be to work closely with project managers, engineers, and finance teams to ensure that projects are completed on time and within budget.

Key Responsibilities:

  • Develop comprehensive project budgets, including high-level cost estimation, forecasting, and financial planning for ongoing and upcoming projects
  • Review and approve budget proposals from project teams, ensuring alignment with organizational goals and financial strategies
  • Promote accurate establishment and tracking of project baselines
  • Monitor financial progress of projects, including tracking of expenditures, variance analysis, and performance against budgets
  • Implement real-time budget monitoring systems and exception reporting to ensure proactive cost management
  • Analyse and optimize bill of quantities (BOQs) across projects to ensure cost efficiency and consistency
  • Oversee the preparation and submission of detailed management information system (MIS), project resource management (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, procurement, 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 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

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