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Experience
18 - 25 Years
Education
Bachelor of Technology/Engineering(Civil), MBA/PG Diploma in Business Mgmt
Nationality
Indian
Gender
Any
Vacancy
1 Vacancy
Job Description
Roles & Responsibilities
- Lead the annual budgeting process across all projects (plotted land and vertical construction) and corporate functions.
- Prepare detailed project-wise budgets covering land acquisition, construction, approvals, sales & marketing, and overheads.
- Develop long-term financial plans and cost forecasts aligned with the organisation's expansion strategy.
- Monitor budget vs. actuals, highlight variances with root-cause analysis, and recommend corrective actions.
- Prepare comprehensive project cost estimates at both pre-acquisition and execution stages, spanning plotted and vertical developments.
- Assess cost feasibility of new land acquisitions and development projects, including detailed IRR and profitability modelling.
- Benchmark construction costs (per sq. ft.) across project types, typologies, and geographies to maintain competitive cost positioning.
- Collaborate closely with design, procurement, and project execution teams to ensure costing accuracy and completeness.
- Build and maintain a detailed cost database for RCC, finishing, infrastructure, external development charges, and statutory approvals.
- Prepare and own monthly MIS reports for leadership review, covering project-wise financial performance.
- Present variance analysis, financial insights, and cost performance dashboards to the CPO and senior leadership.
- Support the leadership team with data-driven inputs for strategic decision-making, project go/no-go calls, and pricing decisions.
- Establish and enforce cost control mechanisms, governance frameworks, and approval processes across all active projects.
- Track project expenditure against budget, proactively flag overruns, and drive corrective action in coordination with project teams.
- Review contractor billings, BOQs, and rate analyses to ensure alignment with sanctioned budgets and market benchmarks.
- Champion value engineering initiatives across design and construction phases to optimise project costs without compromising quality.
- Ensure financial discipline and adherence to internal controls, approval hierarchies, and audit requirements.
- Identify financial risks across projects including cost escalation, scope changes, and market-rate volatility and propose mitigation strategies.
- Support internal and external audit processes, providing accurate cost data and documentation.
Desired Candidate Profile
- NICMAR or equivalent postgraduate qualification preferred.
- MBA or equivalent business qualification is advantageous.
- 18+ years of progressive experience in costing, budgeting, and financial planning within real estate, PMC, or construction consulting.
- Strong track record in preparing pre-acquisition feasibility studies and execution-stage project budgets for large-scale developments.
- Preferred background: Developer, PMC, or construction consulting organisations.
- Strong financial modelling and analytical skills with proficiency in MS Excel and SAP.
- Deep understanding of real estate costing components — RCC structure, finishing, MEP, infrastructure, statutory approvals.
- Expertise in BOQ preparation, rate analysis, and contract cost management.
- Working knowledge of IRR modelling, project feasibility, and variance analysis frameworks.
- Strategic thinking with strong business acumen and commercial orientation.
- Leadership presence with the ability to influence cross-functional teams.
- High accuracy, attention to detail, and ability to operate under fast-paced, high-pressure conditions.
- Excellent stakeholder management across internal and external interfaces.
Employment Type
- Full Time
Company Industry
- Real Estate
Department / Functional Area
- Engineering
Keywords
- Budgeting
- Financial Planning
- Project Costing
- Preacquisition Feasibility
- Cost Control
- MIS Reporting
- Variance Analysis
- Financial Modelling
- MS Excel
- SAP
- RCC Structure
- MEP
- Infrastructure
- Statutory Approvals
- BOQ Preparation
- Rate Analysis
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Real Estate
Real Estate