- Location
- Mumbai or India
- Job type
- Full-time
About the role
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Key Responsibilities 1. Budgeting & Financial Planning
- Lead the annual budgeting process across projects and corporate functions, ensuring alignment with business strategy and financial targets
- Develop detailed project-wise budgets (capex, opex, cash flows) for residential, commercial, and mixed-use developments
- Drive periodic forecasting and re-forecasting cycles based on project progress, market conditions, and cost variations
- Ensure consolidation and presentation of budgets to senior leadership with clear variance insights and recommendations
2. Project Costing & Control
- Establish robust project costing frameworks covering land, construction, approvals, and lifecycle costs
- Monitor actual costs vs. budget across project phases and highlight deviations with corrective action plans
- Work closely with Projects, Procurement, and Design teams to optimize cost structures without compromising quality
- Validate BOQs, cost estimates, and vendor proposals to ensure commercial prudence
3. Variance Analysis & Reporting
- Conduct detailed variance analysis (budget vs. actual vs. forecast) and present actionable insights to leadership
- Track project profitability, IRRs, and margins, ensuring adherence to approved financial benchmarks
- Develop and standardize MIS dashboards for real-time tracking of cost, budget utilization, and financial health of projects
4. Commercial & Cost Optimization
- Identify cost optimization opportunities across procurement, contracting, and execution stages
- Drive value engineering initiatives in partnership with cross-functional teams
- Support commercial negotiations by providing cost benchmarks and financial analysis
5. Governance & Compliance
- Ensure adherence to internal financial controls, approval matrices, and company policies
- Maintain audit-ready documentation for budgeting and costing processes
- Support internal and external audits with relevant financial data and explanations
6. Stakeholder Management
- Partner with Business Heads, Project Teams, Finance, Procurement, and Leadership for effective cost planning and monitoring
- Act as a key finance business partner in decision-making related to project feasibility, cost approvals, and investments
- Engage with senior leadership through periodic reviews and strategic financial discussions
7. Systems & Process Improvement
- Drive automation and process improvements in budgeting, costing, and MIS through ERP systems (Oracle/other platforms)
- Standardize templates, processes, and reporting frameworks across projects
- Build data-driven insights to enhance decision-making and forecasting accuracy
Key Impact Areas
- Improved cost predictability and budget adherence across projects
- Enhanced project profitability and margin protection
- Strong financial control and governance framework
- Timely and insightful reporting for leadership decision-making
About Tata Realty And Infrastructure Ltd
Develops and manages premium residential, commercial, and urban infrastructure projects.
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