Manager - Budgeting & Costing - Mining/Steel/Infra Industry

Job Title - Budgeting & Costing Manager

Educational Qualification - MBA - Finance/ICWA/ CA/CFA

Location - Pune

Roles and Responsibility :

- Designing effective budget models for departments and the entire company Design and implement effective budgeting policies and procedures.  Analyzing financial information (e.g. revenues, expenditures and cash management) to ensure all operations are within budget.

- Presenting annual budgets to senior managers.

- Provide commentary and analysis of costs against Budget and latest forecast.  Assist the business with the annual Budget process by engaging with Budget holders to deliver Budgets within targets.

- Gathering budget proposals from departments and compilation of Master Budget - Provide details of Risks and Opportunities for costs to ensure that BPP are able to manage the expectations of its shareholders.

- Analyze capex for the business and ensure that capex stays within Budgeted targets. Analyze revenue & expenditure trends & recommend appropriate budget levels & ensure expenditure control.

- Identify variances between actual and budgeted financial results at the end of each reporting period.

- Provide analysis each month showing variances against Budget and latest forecast. Work with the business heads to make sure that the latest forecast is as accurate as possible to ensure that variances are kept to a minimum.

- Meet with each Budget holder on a regular basis to support them in meeting their financial targets.

- Ensure implementation of standard costing and activity base costing systems in line with corporate guidance.

- Ensure reconciliation between the financial accounting and costing system to ensure seamless financial reporting and analysis.

- Perform product costing and raw material costing, to accurately assess product profitability.

- Provide required information for cost benefit analysis, transfer pricing in consultation with the Finance Head.

- Ensure timely coordination and analysis of financial information including monthly financial results, preparation of recurring management reports, budgeting /forecasting support.

Subject Proficiency:

- Budget forecasting

- Budget analyzing

- Costing Management

- Variance analysis

- Corporate Finance

Skillsets:

Required : 

- Relationship Savvy.

- Results Oriented.

- Service-oriented - ready to go the extra mile for their clients.

- Completion of any relevant Professional courses will be a plus point Excellent planning and leadership abilities

- Tech savvy and able to learn new software programs quickly

- Knowledge of the latest Industry trends & Markets

- People Management Skills