Manager / Deputy Manager-Budgeting / Head Office
Manager / Deputy Manager-Budgeting
- 10-12 years Yrs Ahmedabad-Head Office Published on : June 7, 2025
Experience Required: 10 - 12 Years
Industry: EPC (Engineering, Procurement & Construction) – Infrastructure, Green Energy, Metro Rails, Irrigation & Water Sectors
Reporting To: Chief Operating Officer/Chairman & Managing Director
Location: LCC Corporate House, Ahmedabad
Role Overview:
We are seeking a proactive and technically sound professional for the role of Deputy Manager/Manager – Budgeting. This position plays a pivotal role in ensuring budgetary compliance, technical validation of financial planning, and alignment of project execution with financial controls. The candidate will bridge the gap between engineering/project execution and financial planning to ensure budgets are both technically feasible and strategically aligned with business goals.
Key Responsibilities:
- Cross-verify accounting data of project billing in coordination with the Finance & Accounts team to ensure accuracy and compliance with approved budgets.
- Technically review total budgets for all EPC projects and ensure all components —civil, mechanical, electrical, etc. — are accurately represented.
- Monitor budget utilization throughout the project lifecycle and ensure alignment with the approved financial plan.
- Plan and suggest technical work breakups in accordance with budget allocations to optimize resource usage and cost efficiency.
- Evaluate budget planning from a technical perspective, ensuring work scopes, specifications, and quantities are correctly estimated and aligned with BOQ and tender requirements.
- Support preparation of annual and project-specific budgets, forecasts, and cash flow statements.
- Prepare variance analysis reports and flag cost overruns or underutilizations to management with corrective recommendations.
- Assist in pricing and costing during project bidding, ensuring accurate and competitive financial proposals.
- Provide regular reporting to the CMD and COO on project budget performance, financial risks, and technical-budget alignment.
- Liaise between technical, procurement, execution, and finance teams to ensure budgetary discipline and project cost control.
- Participate in internal and external audits by furnishing complete budget data, justifications, and reconciliations.
Key Skills and Competencies:
- Sound technical understanding of civil engineering project components and cost structures.
- Strong command over budget planning, financial forecasting, and variance analysis.
- Proficient in MS Excel, PowerPoint and ERP systems (SAP/Oracle or similar).
- Excellent communication skills for cross-department collaboration.
- Proven ability to handle multiple complex budgets in parallel across EPC sectors.
- Critical thinking, attention to detail, and problem-solving mindset.
Educational Qualifications:
- B.E./B. Tech in Civil Engineering (Mandatory)
- MBA in Financial Management / Financial Engineering / Cost Control & Budgeting/ Construction Management / Infrastructure Management / Project Management (Mandatory)