Budget Cost & Control

Role Purpose

The Sr. Executive - Budget & Cost Control (O&M) supports budgeting, cost control, provisioning, and financial reporting activities for O&M operations across operational entities and SPVs. The role focuses on accurate execution, timely reporting, coordination with site teams, and supporting process improvements under managerial guidance.

Key Responsibilities & Accountabilities

1. Budget Preparation Support

• Assist in preparation of annual and periodic budgets for all operational entities, including SPVs.
• Collect and consolidate budget inputs from site and internal teams.
• Support variance analysis and revisions as required.

2. SR/MR Processing & Site Coordination

• Convert SR/MR requests received from site teams into the system and process them accurately.
• Maintain and circulate PR tracker reports to site teams and internal stakeholders.
• Prepare and share ageing reports with the Procurement team for followup and closure.

3. Sales Order Processing

• Prepare sales orders against scrap sales, crosscharges, and operational revenue.
• Ensure accuracy of entries and supporting documentation in line with company procedures.

4. Monthly Provisions

• Prepare monthly provisions for SDILLP and all SPVs.
• Compile details of invoices booked till date and coordinate with site teams for provision based on actual work done.
• Document remarks and justifications for provisions and submit to Manager O&M Budget & Cost Control within timelines.

5. Cost Control & Reporting

• Assist in preparation of Budget vs Actual reports for operational entities and SPVs.
• Incorporate monthly provisions in reports accurately.
• Support analysis of cost variances and share explanations with the reporting manager.

6. Digitalization & Process Support

• Driving digitalization for O&M Process, to handle work efficiently

7. Team Support

• Provide backup support to team in absence of invoice team members.
• Coordinate with internal teams to ensure continuity of finance operations.

Key Skills & Competencies

• Knowledge of budgeting, provisions, and cost control principles
• Good working knowledge of ERP systems (SAP B1/HANA) and MS Excel
• Strong coordination and followup skills
• Attention to detail and adherence to timelines
• Willingness to support process improvements and automation initiatives