Job Description

Dear Candidate,Greetings of the day!!We are looking for Budget & Estimation Manager (Head) with leading Real Estate for Worli locationReporting to DirectorWork Experience- 15+ years, Leadership experience of min 5 + years.No frequent Job hoppers pls.Good Knowledge of Cash Flow, before the start of project, Site Budget rate expenses knowledge.Estimation Knowledge as per the cost & scale of the project.SAP- MustQualifications:
Minimum - Graduate Degree in Civil with exposure to commercial requirement of Construction business.Additional Preferred - Post-Graduation or Masters in Construction management / PMP - SAPSkills/Knowledge: - Proven experience of Budgeting and Estimation - In-depth understanding of construction procedures and material and project management principles - Good communication and negotiation skills - A team player with leadership abilitiesExperience: - Should have worked extensively 10 to 15 years in Construction company as Estimation & Costing (Commercial & Contracts) - Strong Technical Base in either Buildings, or Infrastructural ProjectsPurpose: Prepare budget estimate and forecast the capital needed for the project activities. Summary of the Job Role: To prepare an estimation of future revenues and expenses, which helps to plan for future expenses or allocation of resources for a certain period.Key Outputs: -Preparing Cost of the Project by Creating Work Breakdown Structure (WBS), Develop Schedule, Plan HR, Identifying risks, etc.
- Prepare Project management plan, Project charter, Enterprise environmental factors, Organizational process assets to get Cost Management Plan
- Consider Labor cost, Equipment cost, Cost of supplies, Travel cost, Training cost and Overhead cost, etc.
- Project Budget Planning: Activity cost estimates, Basis for estimates
- Scope baseline, Project Schedule, Resource calendars, Contracts, Organizational process assets to get estimations of Cost performance baseline, Project funding requirements and Project document updates
- Identify, shortlist & empanel contractors, Pre-qualify contractors for respective tenders, Preparation of Tender Documents, Float tenders to shortlisted tenderers and receive priced tenders, Earnest Money
- Deposits (EMDs) and other submittals as stipulated in the Tender documents and shortlist valid tenderers, Preparation of pre-bid queries, Prepare and review pre-tender estimates with rate analysis for each item according to specifications, Preparation of rate analysis of all items required in the project - Evaluate shortlisted tenders, negotiation with the tenderers and finalization of contractors in consultation with Sr. Mgt.
- Upon shortlisting of Bidder, initiate NFR in discussion with Project Head and Corporate Contracts
- Drafting of LOA / LOI for Project Head and Corporate Contracts - Issue LOI and follow up with the contractor for mobilization and submission of securities - Prepare & issue Work Orders as per final mutually agreed terms with the contractor
- Contractual correspondence with the contractors pertaining to Bank Guarantees, deviations, hindrances, recoveries, penalties, insurance policies, other statutory requirements, etc.
- Prepare and issue the change orders / amendments and update the same in MIS
- Track MIS for all documents (Tenders, Work Orders, Change Orders / Amendments, Cancellations, Insurance policies, Bank Guarantees, etc.)
- Cost monitoring budget v/s. spends - Receive Claims of Contractor, review with Project Head and Corporate Team and coordinate for timely closure
- Closure of contract after the end of Defects Liability Period - Contractual correspondence with the contractors pertaining to Bank Guarantees, deviations, hindrances, recoveries, penalties, insurance policies, other statutory requirements, Cancellations, Insurance policies, Bank Guarantees, etc.)
- Relationships: Internal - Project Manager / General Manager / Finance manager / Procurement Team External
- Vendors & Sub Contractors - Vendors / Contractors - Govt. bodies (if required)Interested candidates kindly share your resume to veena@zodiachrc.com or 9137136860

Zodiac HR