Deputy Manager - Budgeting & Cost Control

About Company: PS Group is a premier real estate developer in Kolkata, founded in 1985 by Pradip Kumar Chopra and Surendra Kumar Dugar. With over four decades of experience, they have completed 150+ projects and are known for premium residential and commercial developments, focusing on green building, sustainability, and quality, having developed over 200 lakh square feet

Job Title: Deputy Manager - Budgeting & Cost Control

Department: Budgeting & Cost Control

Location: Kolkata

Role Purpose

To manage project budgeting, cost control, and financial planning by ensuring timely preparation, monitoring, and analysis of budgets, BOQs, cash flows, and cost performance, enabling effective financial decision-making and project efficiency.

Key Responsibilities

1. Budget Management

Prepare and revise project budgets in a timely manner Provide detailed justification for any budget revisions Monitor and control budget deviations (%)

2. Budget vs Actual Analysis

Conduct periodic Budget vs Actual reviews Identify variances and recommend corrective actions Support stakeholders with financial insights

3. BOQ & BOM Management

Ensure stage-wise preparation of BOQ & BOM within timelines Coordinate with project and procurement teams for accuracy

4. Cash Flow Management

Prepare monthly cash flow projections Monitor quarterly cash flow trends and requirements

5. Material Reconciliation

Verify material consumption based on RA bill submissions Ensure accuracy and accountability in material usage

6. Cost Analysis & Benchmarking

Perform cost and co-efficient comparison across project segments Identify cost optimization opportunities

7. DBR Review & Stakeholder Coordination

Review DBR prepared by the Design team Provide inputs aligned with budget and financial considerations Collaborate with cross-functional teams for decision-making

Qualifications & Experience

Bachelor’s degree in Commerce / Finance / Engineering (MBA preferred) 8-12 years of experience in budgeting, cost control, or project finance Experience in construction/real estate preferred

Key Skills

Budgeting & Financial Planning Cost Analysis & Control BOQ/BOM Understanding Analytical & Problem-Solving Skills Stakeholder Management Strong attention to detail

Job Type: Full-time

Pay: ₹750,000.00 - ₹1,000,000.00 per year

Application Question(s):

What is your current CTC and Expected CTC ? How many years of experience do you have in budgeting, cost control, or project finance , BOQ/BOM Understanding , Stakeholder Management ? Have you done your Bachelor’s degree in Commerce / Finance / Engineering ?

Location:

Unknown, West Bengal (Required)

Work Location: In person