Budget Head Estimation Head

Budget Head / Estimation Head -1015 years of experience in budget management, cost control, or financial planning within real estate, construction, or infrastructure sectors Location : Pune

Job Category : Construction Real Estate

Job Type : Full Time

Job Location : Pune

Salary : Best in the industry

Years of Experience : 10-15 years

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Budget head engineer will be responsible for managing the budget and financial planning of all construction and development projects. This role involves working closely with project managers, engineers, and finance teams to ensure projects are completed with budget and financial objectives are met.

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

Minimum 1015 years of experience in budget management, cost control, or financial planning within real estate, construction, or infrastructure sectors

Strong experience in project budgeting, BOQ analysis, cost forecasting, and variance reporting

Proficient in budgeting tools, ERP (Highrise Kanixx) system, and project management software

Exceptional analytical, leadership, and communication skills

Proven ability to lead cross-functional teams and manage complex project budgets across multiple sites

Bachelors in Engineering / Finance / Quantity Surveying; MBA or professional certifications

Willingness to travel to project sites for budget reviews and audits

This job is provided by Shine.com

Skills Required

Erp, Cost Control, Financial Planning, project management software , Budget Management