07 Aug
|
Jindal Realty
|
Sonipat
07 Aug
Jindal Realty
Sonipat
About our organisation
Naveen Jindal Group is a $25 billion global industrial powerhouse shaping the future of responsible, sustainable and inclusive growth. Originating in steelmaking, the Group today spans energy, mining, ports, cement, renewables and infrastructure, guided by visionary leadership and a deep commitment to progress with purpose.
Built on conviction and continuity, the Group continues to advance industry through innovation, ethical governance and long-term value creation. Its global presence and diversified operations reflect a balance of ambition and accountability, driving growth that advantages business, society and the environment.
The Naveen Jindal Group stands for progress that endures, strengthening communities, enabling economies and powering a more sustainable future for generations to come.
Jindal Realty
Jindal Realty is shaping modern urban living through thoughtful design, quality construction, and sustainable development. Established in 2005, the company has delivered a range of residential, commercial, and mixed-use projects that reflect its commitment to innovation, transparency, and long-term value creation.
Every development by Jindal Realty is guided by a focus on aesthetics, functionality, and environmental responsibility. By creating spaces that elevate lifestyles and strengthen communities, the company continues to redefine real estate with a vision of progress that endures.
JOB DESCRIPTION
Position Title GM/DGM- Budgeting & BillingPosition Reporting toPresident & CEO DesignationGM/DGMBusiness Unit JRLDepartmentBudgeting & Billing Working LocationSonipatGrade (Position)CG3Date of Preparation
Job Role To lead and oversee the budgeting, billing, cost control, and financial monitoring functions across multiple real estate projects, ensuring timely client/vendor billing, accurate project cost management, financial compliance, and optimization of project profitability.Desired Qualification & Experience
- B.E./B.Tech (Civil Engineering) preferred.
- MBA (Finance) / PGDM / M.Com or equivalent qualification is desirable.
- 1520 years of experience in budgeting, billing, and commercial functions within the real estate, construction, or infrastructure industry.
- Experience handling multiple large-scale residential, commercial, or mixed-use projects.
Industry Type ExposureReal Estate Roles and Responsibility/ Duties to be performed.Budgeting & Cost Management
- Develop project budgets based on BOQs, estimates, and execution plans.
- Monitor project budgets against actual expenditures and identify cost variances.
- Prepare monthly cost reports, budget revisions, and financial forecasts.
- Ensure optimum utilization of project resources while maintaining cost efficiency.
- Recommend cost optimization initiatives without compromising quality.
Billing Management
- Oversee preparation and certification of contractor, subcontractor, and vendor bills.
- Ensure timely processing of RA Bills, Final Bills, Extra Item Bills, and Escalation Claims.
- Coordinate with consultants and site teams for bill verification and approvals.
- Monitor billing milestones and ensure timely invoicing as per contractual terms.
- Resolve billing disputes and contractual payment issues.
Financial Planning & MIS
- Prepare monthly MIS reports covering project cost, billing status, cash flow, and budget utilization.
- Present financial performance reports to senior management.
- Monitor cash flow requirements and payment schedules.
- Support management in financial decision-making through analytical reports.
Contracts & Commercial Coordination
- Coordinate with Contracts & Procurement teams for BOQ validation and cost analysis.
- Review work orders, contract values, payment terms, and variation orders.
- Ensure compliance with contractual obligations during billing and payment processing.
Project Cost Control
- Monitor project-wise profitability and cost performance.
- Track material consumption, labour costs, and overhead expenses.
- Conduct periodic cost audits and recommend corrective actions.
- Implement cost control systems across all ongoing projects.
Team Leadership
- Lead the Budgeting & Billing team across multiple projects.
- Define KPIs and monitor team performance.
- Mentor and develop team members to improve commercial capabilities.
- Ensure adherence to company policies and standard operating procedures.
Compliance & Audit
- Ensure compliance with accounting standards, taxation,
and statutory requirements.
- Support internal and external audits by providing necessary documentation.
- Maintain complete billing records and financial documentation.
Functional Competencies:
- Project Budgeting & Cost Planning
- RA Billing & Final Billing Management
- Quantity Surveying & BOQ Analysis
- Cost Control & Variance Analysis
- Cash Flow Planning
- Commercial & Contract Management
- Financial MIS & Dashboard Reporting
- Vendor & Contractor Billing
- ERP (Farvision)
- Advanced Microsoft Excel & Financial Modelling
Behavioral & Management Competencies:
- Strategic Thinking
- Commercial Acumen
- Leadership & Team Management
- Analytical & Problem-Solving Skills
- Decision Making
- Negotiation & Stakeholder Management
- Attention to Detail
- Communication & Presentation Skills
- Result Orientation
- Integrity & Accountability
Our Leaders and What is Expected of Them
The Group wants Leaders who are hungry and humble, and work with an extreme sense of ownership. Humility is a very important attribute for us because we want leaders who are learners. It is also very important that you have the ability to prioritize and demonstrate complete passion for what you do. We want our Leaders to hold complete accountability, deliver results, and communicate effectively.
Above all, we want all our Leaders to be strongly driven and passionate about achieving new benchmarks, align with the Groups goal, and embark on our expansion plans. Together, we will aspire to strengthen our capabilities and reinforce our market leadership.
Our Key Behaviours
Hunger
- Exhibit strong drive and ambition
- Take on additional responsibilities
- Consistently go above and beyond
Humility
- Embrace a learners mindset
- Dont hesitate to seek guidance
- Regularly assess strength and growth areas
Speed
- Be thorough, qualitative, and swift
- Remain decisive, balanced, and prompt
- Optimize and avoid unnecessary delays
Our Core Values
- Extreme Ownership Demonstrate complete ownership of the companys results, whether it is part of our job description or not.
- Better Than Before Never satisfied with the status quo, and always pushing for greater results.
- Respect for People People are our most valuable asset, and we treat them accordingly.
- Sustainability Act in the long-term interest of our company and the workplace.
📌 GM/DGM- Budgeting & Billing (Sonipat)
🏢 Jindal Realty
📍 Sonipat