Lead – Budget & Cost Monitoring

Purpose/Objective

End to end responsible for: • budget governance and cost predictability by driving planning, reforecasting and variance controls across SBUs/projects.
• cost-to-complete and contingency discipline with early-warning insights to protect margins and cashflows.
• financial impact assessment of changes, claims and VE decisions to enable faster approvals and risk control.
• standardized MIS and corrective action tracking for leadership reviews.

Key Responsibilities of Role

1.
Lead annual budgets, periodic forecasts and reforecast cycles; maintain assumptions and version control.
2.
Track project budgets vs actuals; analyze variances and drive corrective actions with SBU/PMO owners.
3.
Run cost-to-complete governance, contingency drawdown tracking and early-warning indicators.
4.
Evaluate financial impact of change orders/claims; support approval packs with quantified impacts.
5.
Monitor opex and corporate spend; run cost optimization initiatives with measurable outcomes.
6.
Govern budget release and spend controls as per DOA; flag exceptions and ensure closure.
7.
Publish monthly dashboards (cost, forecast accuracy, risks, actions) for governance forums.
8.
Maintain audit-ready records for budgets, approvals, and variance action closures.

Technical Competencies

Budgeting & forecasting,Cash flow / treasury control,Financial analysis & MIS,SAP / ERP controls,Audit & compliance

Qualifications and Experience

Essential-CA / CMA / MBA (Finance) / B.
Com from a recognized Indian institution; qualification to match role seniority.
Desirable/Preferable-CA / CFA / MBA (Finance) with exposure to real estate, project finance or treasury systems.