Senior Manager

17 hours ago

Mumbai, India People Equation Full time

Position Title: Sr. Manager - Costing & Budgeting (Residential Construction only)

Job Location: Mumbai

Our client in Real estate development domain is looking at hiring a Sr. Manager Costing and Budgeting.

. Role and Responsibility:

  • Cost Estimation: Develop comprehensive cost estimates for real estate development projects, including construction, materials, labor, permits, and other associated expenses.
  • Budget Preparation: Prepare detailed project budgets based on cost estimates, financial Projections, and market analysis. Ensure alignment with project objectives and investor expectations.
  • Financial Analysis: Conduct thorough financial analysis to assess project feasibility, identify potential risks, and recommend mitigation strategies. Monitor project financial performance throughout the development lifecycle.
  • Vendor Management: Collaborate with vendors, contractors, and suppliers to negotiate pricing, terms, and contracts. Evaluate vendor proposals and select partners that offer the best value and quality.
  • Cost Control: Implement robust cost control measures to monitor project expenses and prevent budget overruns. Identify opportunities for cost savings and efficiency improvements without compromising project integrity.
  • Reporting: Prepare regular reports on project financials, including budget variance analysis, cash flow projections, and financial forecasts. Communicate key findings and recommendations to senior management and stakeholders.
  • Risk Management: Identify, assess, and mitigate financial risks associated with real estate development projects. Develop contingency plans to address unforeseen challenges and ensure project success.
  • Compliance: Ensure compliance with relevant regulations, codes, and industry standards related to costing, budgeting, and financial reporting. Stay updated on changes in financial regulations and best practices.
  • Team Leadership: Provide guidance and mentorship to junior team members involved in costing, budgeting, and financial analysis activities. Foster a collaborative and high-performance work culture within the team.

Requirements:

  • Excellent oral and written communication skills.
  • Organizational skills and the ability to multitask.
  • The ability to be proactive and take initiative.
  • Flexibility and adaptability.

Education: Bachelor’s degree in civil engineering

Work Experience: 10 years above in Real Estate

Technical skills:

  • Good Communication Skills.
  • Knowledge of AutoCAD latest version, excel.
  • Leadership, assumes overall accountability and responsibility.
  • Team player, adaptive to cultural differences, ability to motivate a cross-functional team to strive for a common target (and to implement it).

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