BUDGET HEAD ENGINEER / ESTIMATION HEAD

Key Responsibilities :

• Lead the development of comprehensive project budgets, including high-level cost estimation, forecasting, and financial planning for all ongoing and upcoming projects
• Review and approve budget proposals from project teams, ensuring alignment with organizational goals and financial strategies
• Prepare and oversee the master schedule, and ensure accurate establishment and tracking of project baselines
• Monitor financial progress of projects, including tracking of expenditures, variance analysis, and performance against budgets
• Implement systems for real-time budget monitoring, controls, and exception reporting to ensure proactive cost management
• Analyse and optimize BOQs across projects to ensure cost efficiency and consistency
• Oversee the preparation and submission of detailed MIS, PRM, and other financial performance reports for senior management
• Identify potential risks, conduct thorough financial risk assessments, and implement controls to mitigate budgetary risks
• Ensure full compliance with financial regulations, audit standards, and internal policies across all budgeting activities
• Collaborate closely with project managers, engineering heads, purchase, and site teams for seamless financial coordination
• Approve major purchase orders, invoices, contracts, and other financial documents in line with budgetary approvals
• Guide and mentor the budget and planning team, including junior staff, by setting performance benchmarks and conducting regular trainings
• Develop and drive budgeting frameworks, tools, and best practices to improve accuracy, accountability, and cost control
• Act as a strategic partner in cross-functional project planning, offering insights and financial leadership during project reviews
• Contribute to organizational strategy by providing data-backed recommendations on cost reduction and resource optimization

Desired Candidate Profile :