Talent.com
Senior Manager – Budgeting & Costing

Senior Manager – Budgeting & Costing

DLF HospitalityThiruvananthapuram, Republic Of India, IN
3 hours ago
Job description

PURPOSE

To develop, manage, and control detailed project budgets and cost estimates for all MEP (Mechanical, Electrical, and Plumbing) works including HVAC, Electrical, Plumbing, and Fire-fighting systems across hospitality projects. The role ensures cost accuracy, value optimization, and financial control through detailed estimation, benchmarking, and coordination with design, project execution, and procurement teams, ensuring adherence to design intent, quality standards, and overall project viability.

KEY ORGANIZATIONAL RELATIONSHIPS

Reports to : VP – Design

Interacts with :

External - Consultants, Contractors, OEMs, Project Management Consultants, Vendors, Quantity Surveyors

Internal - Design, Projects, Procurement, Finance, Engineering, Operations

KEY RESPONSIBILITIES

Drive Operational Excellence

  • Prepare detailed cost estimates and project budgets for HVAC, Electrical, Plumbing, and Fire-fighting systems based on design drawings, specifications, and BOQs.
  • Evaluate design and tender documents for completeness, accuracy, and scope coverage prior to finalization.
  • Implement efficient cost management processes and tools to ensure budget adherence throughout the project lifecycle.
  • Coordinate closely with design and site teams to validate quantities, specifications, and cost implications during design development and execution stages.
  • Ensure compliance with Delegation of Authority (DOA), audit requirements, and organizational standards for all budgeting activities.

Strategic Sourcing & Cost Optimization

  • Conduct detailed rate analysis and benchmarking to determine realistic, market-aligned costs for MEP works.
  • Support procurement in technical and commercial bid evaluations through cost validation and vendor comparison.
  • Identify opportunities for value engineering and recommend cost-effective alternatives in design and material selection.
  • Continuously monitor project cost performance and highlight deviations with actionable recommendations.
  • Maintain a repository of cost data, vendor rates, and historical project budgets for future reference and benchmarking.
  • People Management

  • Provide direction and guidance to estimation and costing team members for effective budget preparation and validation.
  • Collaborate with design, project, and procurement teams to foster a cohesive and accountable working environment.
  • Promote skill enhancement and knowledge sharing on budgeting tools, estimation techniques, and market rate analysis.
  • Support succession planning by identifying and developing potential team talent for future leadership roles.
  • Business and Financial Acumen

  • Develop consolidated MEP cost summaries aligned with project feasibility and business objectives.
  • Conduct detailed variance analysis between estimated and actual costs, identifying key drivers and trends.
  • Prepare periodic cost performance reports and forecasts for review with VP – Design and Finance teams.
  • Ensure transparent communication of cost-related insights for effective financial decision-making.
  • Leadership

  • Act as the subject matter expert for all MEP budgeting and costing matters across hospitality projects.
  • Partner with design and leadership teams to ensure alignment between aesthetic, functional, and financial goals.
  • Drive adoption of standardized costing templates, processes, and reporting mechanisms across all projects.
  • Champion the integration of technology, data analytics, and automation tools for improved estimation accuracy and efficiency.
  • Compliance & Risk Management

  • Ensure compliance with corporate governance, contractual, and statutory financial requirements.
  • Identify potential cost and scope risks during design and estimation stages and recommend mitigation strategies.
  • Support management reviews and audits through timely documentation, cost validations, and justifications.
  • Uphold transparency and ethical conduct in all cost estimation and financial dealings.
  • Occupational Health & Safety Responsibilities

  • Ensure OH&S standards are factored into budgeting and costing of MEP systems and works.
  • Review vendor and contractor proposals for compliance with health, safety, and environmental norms.
  • Support OH&S performance tracking and documentation during budget evaluation and project audits.
  • QUALIFICATIONS

  • Bachelor’s / Master’s Degree in Mechanical, Electrical, or Civil Engineering.
  • Additional qualification in Cost Management, Quantity Surveying, or Project Budgeting preferred.
  • WORK EXPERIENCE

  • 10–15 years of experience in MEP budgeting, estimation, and cost control in hospitality, infrastructure, or real estate sectors.
  • Experience in managing budgets for complex, design-driven projects with cross-functional coordination.
  • Create a job alert for this search

    Senior Manager • Thiruvananthapuram, Republic Of India, IN

    Related jobs
    • Promoted
    • New!
    Senior Manager

    Senior Manager

    AhedgeKollam, Republic Of India, IN
    Position : Pre-Acquisition Risk Strategy & Monitoring.Support in creation of approval / decline strategy basis credit risk scorecard. Categorization of the portfolio into high / medium / low risk & define ...Show moreLast updated: 3 hours ago
    • Promoted
    • New!
    Senior Manager- Restructuring And M&A

    Senior Manager- Restructuring And M&A

    ETGThiruvananthapuram, Republic Of India, IN
    Job Title : Senior Manager- Restructuring and M&A.Senior Manager – Restructuring & M&A.While operating without a permanent direct team, the role will. The ideal candidate will bring.IFRS, Balance She...Show moreLast updated: 3 hours ago
    • Promoted
    Senior Manager- Business Process Optimization

    Senior Manager- Business Process Optimization

    University of the PeopleTrivandrum, Kerala, India
    INTRODUCTION : University of the People (UoPeople) is the first non-profit, tuition-free, American, accredited, 100% online university. Today, UoPeople has over 170,000 students enrolled from more th...Show moreLast updated: 6 days ago
    • Promoted
    • New!
    Senior Manager – Budgeting & Costing

    Senior Manager – Budgeting & Costing

    DLF HospitalityKollam, Republic Of India, IN
    To develop, manage, and control detailed project budgets and cost estimates for all MEP (Mechanical, Electrical, and Plumbing) works including HVAC, Electrical, Plumbing, and Fire-fighting systems ...Show moreLast updated: 3 hours ago
    • Promoted
    Implementation Manager

    Implementation Manager

    CareStack - Dental Practice ManagementTrivandrum, Kerala, India
    Lead a 20+ member team managing implementations across the US, UK, and AUS.Oversee the full lifecycle of Aeka implementation projects, including planning, resource. Manage and monitor end-to-end ima...Show moreLast updated: 30+ days ago
    • Promoted
    Housekeeping Manager

    Housekeeping Manager

    The Grand HotelsKanyakumari district, India, India
    Housekeeping Manager — The Grand Hotels, Kanyakumari.We redefine luxury hospitality with world-class stays, fine dining, and elegant venues. From grand banquet halls to open-air spaces, we create un...Show moreLast updated: 4 days ago
    • Promoted
    • New!
    Senior Manager – Budgeting & Costing (Civil)

    Senior Manager – Budgeting & Costing (Civil)

    DLF HospitalityKollam, Republic Of India, IN
    To develop, monitor, and control project budgets for all civil works, ensuring financial accuracy, cost efficiency, and timely project delivery. The role focuses on cost estimation, budgeting, rate ...Show moreLast updated: 12 hours ago
    • Promoted
    • New!
    Senior Manager

    Senior Manager

    Lactalis IndiaThiruvananthapuram, IN
    Description : Manager – Accounts Payable & Accounts Receivable (Shared Services).Department : Finance Shared Services.Reports To : Head – Finance & Accounts. Location : Lactalis India, Chennai.To lead a...Show moreLast updated: 18 hours ago
    • Promoted
    Senior Finance Executive

    Senior Finance Executive

    IBS SoftwareTrivandrum, Kerala, India
    To manage day-to-day accounting activities and support essential financial operations of IBS Group, contributing to the seamless execution of financial processes for the organization.As a Finance E...Show moreLast updated: 7 days ago
    • Promoted
    Senior Manager - Strategic Partnership

    Senior Manager - Strategic Partnership

    GEDU ServicesThiruvananthapuram, IN
    Partnership Development & Management.Identify, initiate, and formalize partnerships with Indian colleges and universities. Negotiate MoUs and articulation agreements for student progression, twinnin...Show moreLast updated: 30+ days ago
    • Promoted
    Senior Analyst

    Senior Analyst

    Branch InternationalKollam, IN
    Branch is a leading AI-based lending fintech with 50M+ downloads across India and Africa.We use alternative data to reach millions of people that are largely excluded from the financial sector.Head...Show moreLast updated: 7 days ago
    • Promoted
    Fund Accounting Manager

    Fund Accounting Manager

    Selections HR Services Private LimitedKollam, IN
    Oversee daily and periodic NAV calculations for assigned funds.Review and ensure timely preparation of financial statements in accordance with IFRS, US GAAP, or other applicable standards.Manage ac...Show moreLast updated: 30+ days ago
    • Promoted
    Food and Beverage Manager

    Food and Beverage Manager

    The Grand HotelsKanyakumari district, India, India
    Food & Beverage (F&B) Manager — The Grand Hotels, Kanyakumari.We redefine luxury hospitality with world-class stays, fine dining, and elegant venues. From grand banquet halls to open-air spaces, we ...Show moreLast updated: 4 days ago
    • Promoted
    • New!
    Field Sales Executive

    Field Sales Executive

    Virutcham Real EstateNagercoil, Tamil Nadu, India
    Virutcham Real Estate is a growing real estate company headquartered at Aadhi Maha Devi Complex, Krishnapuram, Tamil Nadu, India. The company is committed to offering exceptional real estate service...Show moreLast updated: 9 hours ago
    • Promoted
    Bid Manager

    Bid Manager

    CapgeminiKollam, IN
    BID Management of enterprise scale solutions.Proven experience in defining offer scope; goals and deliverables that support business goals in collaboration with senior management and stakeholders.A...Show moreLast updated: 26 days ago
    • Promoted
    Senior Manager Pricing

    Senior Manager Pricing

    FirstsourceThiruvananthapuram, IN
    Pricing analysts must help businesses determine competitive pricing strategies to gain market share and achieve revenue goals. Analyse data from multiple sources, develop complex pricing models, and...Show moreLast updated: 7 days ago
    • Promoted
    Assistant Manager / Manager - Accounts and Finance

    Assistant Manager / Manager - Accounts and Finance

    EmeritusKollam, IN
    Support month closing of books by reconciling revenue & cost related items.Collaborate with various internal team members to reconcile revenue transactions. Ensure prompt reconciliation and payment ...Show moreLast updated: 30+ days ago
    • Promoted
    Director (Management)

    Director (Management)

    Accurate Group of InstitutionsThiruvananthapuram, IN
    Accurate Group of Institutions is a renowned educational institution offering a diverse range of courses across various fields of study. Founded in 2006, Accurate has rapidly expanded to become a co...Show moreLast updated: 3 days ago