Commercial Executive (Budget & Cost Control)

Department

Commercial Department

Job Summary

To ensure accurate budget preparation, cost control, statutory compliance, profitability analysis, commercial verification, and approval of operational requirements while maintaining financial discipline and supporting business profitability across all client sites.

Key Responsibilities

Key Responsibilities
- Verify tentative budgets and cost break-ups.
- Review Work Orders (WO), PAG, manpower categories, and rate structures.
- Verify minimum wages, ESI, PF, PT, LWF, and Bonus compliance.
- Check working days, wage periods, escalation clauses, and GST applicability.
- Verify billing basis (Manpower, Fixed, or Variable).
- Review payment terms, agreements, and tender conditions.
- Analyze profitability against budget and costing.
- Prepare, update, and maintain monthly budgets.
- Implement revised minimum wages as per Government notifications.
- Monitor direct, indirect, and site-wise expenses.
- Identify loss-making and low-profit sites.




- Process budget amendments as per revised Work Orders.
- Prepare and verify Imprest reports.
- Verify payroll, allowances, deductions, and statutory compliance.
- Compare actual man-days with billable man-days.
- Verify employee attendance and bank details.
- Review SLA deductions and wage variances.
- Process approvals for uniforms, shoes, room rent, vehicle/machine hire, and subcontractor bills.
- Verify MRFs, reimbursements, gratuity, mobilization, and HK material requirements.
- Confirm monthly Petro Card requirements with the Fuel Desk.
- Prepare Budget vs Actual, Man-Day, Excess Wage, Reimbursement, and Allowance reports.
- Maintain Recent Site Tracking and Minimum Wage Escalation reports.
- Track site closures, recoveries, asset transfers, and pending activities.
- Coordinate with Operations, Accounts, HR, and Management for commercial approvals.
- Submit accurate MIS reports within timelines.

📌 Executive- Commercial (Pune)
🏢 BVG India
📍 Pune