Senior Manager – Project Budgeting & Cost Control Location: Department: Finance / Project Controls

Reporting To: Group CFO / Project Director

Employment Type: Full-time

We are looking for an experienced Senior Manager – Project Budgeting & Cost Control with robust exposure to construction / EPC project finance and project-level cost management .

The role will be responsible for establishing project budgets and cost baselines, monitoring actual expenditure against approved budgets, analysing cost variances, forecasting project costs and providing timely financial insights to management.

The ideal candidate must have hands-on experience in construction-related cost control and should understand how project costs are planned, coded, tracked, committed, forecast and reported throughout the project lifecycle.

Project Budgeting & Cost Planning

Develop and maintain project budgets and approved cost baselines .

Prepare detailed budgets covering civil works, materials, labour, equipment, subcontractors, procurement, overheads and other project costs .

Work with Project, Engineering,



Procurement and Construction teams to develop realistic project cost estimates.

Review budget assumptions and ensure alignment with project scope, contracts and execution plans.

Project Cost Control & Tracking

Monitor actual, committed and forecast costs against approved project budgets.

Track project expenditure by cost code, WBS, work package, contractor and project activity .

Identify cost overruns, under-runs and emerging cost risks.

Monitor commitments, purchase orders, subcontractor costs and accruals.

Ensure project costs are correctly allocated and recorded.

Variance Analysis & Reporting

Provide management with early warnings on potential cost overruns and budget risks .

Prepare monthly project cost reports and management dashboards.

Present project financial performance to senior management and project stakeholders.

Forecast final project costs based on actual perfor

📌 Sr. Manager, Project Management (Delhi)
🏢 Right Advisors Private
📍 Delhi