• Location – Mumbai
• Industry – Real Estate
• Qualification – B.Tech Civil + MBA (Preferred)
• Experience – 15-20 Years of experience in Budgeting and Estimation

KEY RESPONSIBILITIES:

• Timely and accurate preparation of activity schedule for the various projects .
• Effective monitoring of the actual progress and revising the schedule based on the same.
• Accurate item-wise estimation of the quantity of material required for the various projects.
• Timely and accurate revision of the estimate based on any changes in the design/ drawings of the project.
• Timely escalation of all important matter requiring top level intervention to the appropriate level

JOB DESCRIPTION:

• Project Cost Analysis & Cost Tracking.
• Technical analysis of bids received from contractors & vendors and also Cross Checking.
• Contractors Before Awarding with Budget.
• Co-ordination with commercial team in procurement process for cost effectiveness.
• Preparing and monitoring Construction Schedule – Residential & PWD Project.
• Track Project Progress for Time and Cost – Residential & PWD Project
• Preparing Cost Plan / Budget for Residential & PWD Project.
• Preparing and monitoring Cash Flow – Residential & PWD Project & reviewing on quarterly basis.
• Provide Material Procurement Plan to Purchase Team and updating it as per Project progress.
• Part of design development team for designing of Residential units, basic amenities, infrastructure & area development / Landscape.
• Coordination with internal Marketing, Sales & customer care team – for designing of pamphlets, presentation layouts & understand special requirements of customers.
• Expertise in Project Planning – Time & Cost for effective Project Management to ensure a successful Project completion within time, cost and quality parameters.
• Expertise and keen interested in Cost Estimation, detailed Budget preparation and Project CoC Reporting.
• Expertise in Auditing & MIS Management of various core Project Management & Business functions.
• Expertise in studying the SOPs for various Project Management functions, suggesting changes if required in joint discussion with Senior Management and auditing the various Business
• Processes in adherence with the concerned SOP.
• Review and finalize Construction budgets – project wise.
• Review and finalize 3 monthly cash outflows based on the approved construction budgets project wise (based on inputs from Planning team).
• Present project wise budgets and cash flows to management and justify reasons, assumptions as may be applicable.
• Send approved budgets and cash flows to Finance for consolidation and monitoring.
• Initiate dialogue with Finance to provide timely inputs regarding major activity changes/ event happenings which are likely to impact the working capital management (from the cost perspective).
• Justify budget variations if any based-on comparison between Actual v/s. Budgeted costs.
• Utilize engineering knowledge to estimate project costs accurately, accounting for project scope, specifications, and local regulations.
• Monitor project expenses throughout the project lifecycle, ensuring adherence to budget constraints.
• Identify cost-saving opportunities and implement strategies to optimize project costs without compromising quality or safety.
• Value Engineering Options Identification for optimisation of costs

REPORTING TO:  Operations – Head

LOCATION: Chembur, Mumbai