Budget & Costing

Role & responsibilities

Deputy Manager BOQ & Budgeting

Role Purpose-

To manage project budgeting, cost control, and financial planning by

ensuring timely preparation, monitoring, and analysis of budgets, BOQs, cash flows, and

cost performance, enabling effective financial decision-making and project efficiency.

Key Responsibilities

1. Budget Management

• Prepare and revise project budgets in a timely manner

• Provide detailed justification for any budget revisions

• Monitor and control budget deviations (%)

2. Budget vs Actual Analysis

• Conduct periodic Budget vs Actual reviews

• Identify variances and recommend corrective actions

• Support stakeholders with financial insights

3. BOQ & BOM Management

• Ensure stage-wise preparation of BOQ & BOM within timelines

• Coordinate with project and procurement teams for accuracy

4. Cash Flow Management

• Prepare monthly cash flow projections

• Monitor quarterly cash flow trends and requirements

5. Material Reconciliation

• Verify material consumption based on RA bill submissions

• Ensure accuracy and accountability in material usage

6. Cost Analysis & Benchmarking

• Perform cost and co-efficient comparison across project segments

• Identify cost optimization opportunities

7. DBR Review & Stakeholder Coordination

• Review DBR prepared by the Design team

• Provide inputs aligned with budget and financial considerations

• Collaborate with cross-functional teams for decision-making