Urgently required of Costing & Budgeting Manager at Sion.

About Company : Our clients Real Estate industry.

Position Costing & Budgeting Manager

Experience 10 years

Job location Sion, Mumbai

- Costing, Budgeting & ERP Cost Control

Key Responsibilities

1. Project Budgeting & Cost Planning

Prepare detailed project budgets (preliminary, BOQ-based, and execution stage)

Develop cost benchmarks / per sq.ft analysis

Coordinate with design, contracts, and project teams for budget inputs

Establish cost codes aligned with ERP

Cost Control & Monitoring

Monitor budgeted cost vs actual cost

Identify cost overruns / savings opportunities

Track cash flow projections vs actuals outflow

Conduct monthly cost review meetings

ERP-Based Cost Tracking

Ensure accurate cost capturing in ERP system

Track PR/SR WO/PO Abstract/GRN Billing Payment cycle

Generate real-time MIS reports from ERP

Ensure discipline in cost heads & data entry

Contracts & Billing Coordination

Validate BOQs, work orders, and variation orders

Cross-check contractor RA bills with budget provisions

Monitor variation / deviation statements

Ensure compliance with approved rates & quantities

MIS & Reporting

Prepare Monthly Cost Reports (MCR)

Budget vs Actual dashboards

Project profitability analysis

Present reports to management

Value Engineering

Suggest cost optimization strategies

Work with design & execution team for value engineering

Benchmark with market rates and past projects

Audit & Compliance

Support internal & external audits

Ensure adherence to company cost control policies

Maintain documentation for approvals and revisions





Key Skills Required

Solid knowledge of construction costing & BOQ

Expertise in ERP systems Advanced Excel

Strong coordination skills

Workflow – Costing, Budgeting & ERP Cost Monitoring

1. Project Estimation

Collect drawings, specifications, and project scope from Consultants & Management

Prepare initial cost estimate ( on the basis of quantities received from

Estimation Department)

Define cost heads & ERP WBS project and sub project wise

2. Budget Preparation

BOQ-based detailed costing ( On the basis of labour & material rates from

Contracts and Purchase department)

Finalize project budget

Upload into ERP

3. ERP Budget Loading

Define cost heads and WBS

Map SR, PR, WO, PO, to WBS

4. Budget Monitoring Tracking

SR/ PR generation and budget check

WO/PO issuance and committed cost tracking

5. Cost Tracking & Monitoring

Track material quantity in BOQ and work progress

Compare budget vs actual

6. Variance Analysis

Identify overruns and savings

Analyze reasons and update budget

8. MIS & Reporting

Generate monthly reports and forecasts

9. Continuous Improvement

Implement value engineering

Update cost database

If you are interested for the above referred position, kindly revert back with your Updated Resume along with following details:

1. Current salary

2. Expected salary

3. Notice period

4. Total experience

5. Current location (Stay)

6. Job location

7. Reason for job change

8. Company Name

9. Current designation

10. DOB

11. Qualifications

E-mail Id: [email protected]

Contact Person: Swati

Contact number: (phone hidden)

📌 Urgently required of Costing & Budgeting Manager at Sion (Mumbai)
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📍 Mumbai