Costing & Budgeting

Job Description

Job Title:Costing and Budgeting Locations: Gurgaon Industry: Real Estate Employment Type: Full-time Experience Level:Mid-Level About the Client: Our client is a well-established organization within the real estate sector Pan India, offering long-term growth opportunities and a dynamic work environment. (Client details are confidential.) Job Summary: We are seeking a qualified and experienced professional to join our team in Gurgaon. The ideal candidate will possess a B.Tech (regular) with a solid background in managing procurement strategies and contract administration for highrise residential and group housing projects. This role requires a deep understanding of contract lifecycle management, vendor negotiations, cost control, compliance, and stakeholder coordination from project initiation to execution. Important KeySkills to Highlight: Costing & Budgeting 1. Develop and manage project cost estimates, budgets, and forecasts for real estate projects. 2. Prepareand validate Bill of Quantities (BOQ). 3. Conduct rate estimations and ensure cost optimization. 4. Lead costing, budgeting, and billing activities with a focus on real estate projects. 5. Monitor and control project expenditures to ensure adherence to approved budgets. 6. Perform detailed analysis of project cost components, including materials, labor, and overheads. 7. Prepare comprehensive cost plans aligned with project timelines and milestones. 8. Conduct variance analysis, identify deviations, and recommend corrective actions. 9. Collaborate with cross-functional teams (design, procurement, construction) to maintain cost efficiency without compromising quality. Billing & Payments 1. Oversee the complete billing process for contractors, vendors, and consultants. 2. Validate invoices against approved work orders and ensure timely processing. 3. Prepareand review interim and final bills in compliance with project and contractual terms. 4. Coordinate with project teams to ensure accurate measurements and certifications of work completed. 5. Manage payment schedules and ensure timely disbursement offunds. 6. Resolve billing discrepancies and maintain accurate financial documentation. Reporting & Compliance 1. Generate and analyze periodic reports on cost performance, budget utilization, and billing status. 2. Ensure compliance with all regulatory and organizational financial standards. 3. Assist in internal and external audits, providing all necessary documentation. 4. Stayupdated on industry trends, best practices, and cost management tools. Qualifications & Experience: Experience Total: 1015years ofexperience, with aminimum of56years in real estate (group housing/residential high-rise projects is mandatory). Proven experience in BOQpreparation, rate estimation, and billing processes. Job Assigned To: Recruiter:Kanika Email: kanika.kapoor@dreamjobs.in