Project Financial Manager

2 days ago

Pune, Maharashtra, India beBeeFinancial Full time ₹ 25,00,000 - ₹ 30,10,000
Key Responsibilities: 
  • Develop and manage comprehensive project budgets, incorporating 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 strategic objectives.
  • 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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