Budgeting manager

Appsierra Group; Mumbai; On-site; INR 800,000 - 1,200,000; Full time

Job summary

Appsierra Group is seeking a Budgeting Manager to oversee budgeting processes across various projects in Mumbai. You will ensure effective allocation of financial resources and support strategic decision-making through comprehensive financial analysis and forecasting.

The ideal candidate will have a Bachelor’s in Finance or Accounting, with at least 5 years of relevant experience, preferably in the construction sector. Strong analytical and communication skills are essential for collaborating with project teams.

Qualifications

• Minimum of 5 years of professional experience in budgeting or financial management, preferably in the construction or civil sector.
• Professional certification (e.g., CPA, CMA) is a plus.

Responsibilities

• Develop, implement, and maintain budgeting processes for various projects.
• Prepare detailed budgets and financial forecasts.
• Analyze budget variances and provide accurate reporting on fiscal performance.
• Collaborate with project managers to estimate costs.
• Conduct financial modeling to support decision-making.
• Monitor expenditures to maintain compliance with budgetary constraints.
• Prepare financial reports and presentations for stakeholders.

Skills

Budgeting and financial forecasting software

Financial analysis

Cost accounting

Financial modeling techniques

Project management software

Education

Bachelor’s degree in Finance, Accounting, Business Administration, or related field

Job description

The Budgeting Manager is responsible for overseeing the budgeting processes across projects, ensuring financial resources are allocated effectively and efficiently. The role aims to provide comprehensive financial analysis and forecasting to guide strategic decision-making. The successful candidate will collaborate closely with project teams and upper management to align budgets with organizational goals and support the successful execution of projects within financial parameters.

Key Responsibilities

• Develop, implement, and maintain budgeting processes for various projects within the organization.
• Prepare detailed budgets and financial forecasts, ensuring alignment with project scope and objectives.
• Analyze budget variances and provide accurate reporting to senior management on fiscal performance and budget adherence.
• Collaborate with project managers and stakeholders to assess and estimate costs for upcoming projects and adjustments to existing budgets.
• Conduct financial modeling to support decision-making and identify cost‑saving opportunities.
• Monitor expenditures, maintaining strict compliance with budgetary constraints and corporate policies.
• Prepare comprehensive financial reports and presentations for stakeholders, summarizing budget performance and projections.
• Lead budgeting meetings and workshops to communicate financial strategies and gather input from project teams.
• Ensure continuous improvement in budgeting practices and systems, implementing best practices in financial management.

Technical Skills

• Proficiency in budgeting and financial forecasting software (e.g., Microsoft Excel, ERP systems).
• Strong knowledge of financial analysis, cost accounting, and financial modeling techniques.
• Familiarity with project management software and tools to track project budgets and expenditures.

Required Qualifications

• Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
• Minimum of 5 years of professional experience in budgeting, financial management, or a related field, preferably in the construction or civil sector.
• Professional certification (e.g., CPA, CMA, or similar) is a plus.

Skills & Experience

• Proven experience in budgeting and estimating within construction or civil projects.
• Strong analytical skills with the ability to interpret financial data and draw actionable insights.
• Excellent communication and interpersonal skills for effective collaboration with project teams and stakeholders.
• Detail-oriented with strong organizational skills and the capacity to manage multiple projects and deadlines effectively.
• Experience in managing financial resources in line with project deadlines, cost management, and compliance requirements.