B&C Team Lead at Tata Realty and Infrastructure Limited

Navi Mumbai, maharashtra, India -

Full Time

Start Date

Immediate

Expiry Date

06 Aug, 26

Salary

0.0

Posted On

08 May, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Budgeting, Financial Planning, Project Costing, Variance Analysis, Cost Optimization, Financial Reporting, Stakeholder Management, ERP Systems, Value Engineering, MIS Dashboards, Financial Governance, Capex and Opex Management

Industry

Real Estate

Description

a { text-decoration: none; color: #464feb; } tr th, tr td { border: 1px solid #e6e6e6; } tr th { background-color: #f5f5f5; } 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

Responsibilities

Lead the annual budgeting and financial planning process for residential and commercial developments. Monitor project costs, conduct variance analysis, and drive cost optimization initiatives to protect project margins.