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06 May 2024


Deputy General Manager-Cost Management, 2 to 5 years

Company Logo Mahindra Life Space


4-5 Years

financial due diligence, Cash Flow Analysis, Budget Forecasting, SAP Finance, Finance, accounting

Job Description

Position: Deputy General Manager-Cost Management
Qualification: CA
Experience: 12 to 15 years
Location: Mumbai

Job description
Role & responsibilities

1.Cost Management Role
  • Ownership of structured, in-depth review and approval of quarterly cost to completion exercise of all ongoing projects and new project stage budget - CD, SD, DD, GFC etc.
  • Sound knowledge of Project Lifecycle Costing and tracking quarter on quarter cost estimates against original business plan.
  • Driving SAP related automations and Standardisation of overall project cost Structure (WBS), savings, escalation, contingency budgets etc.
  • Tracking project progress, preparing project related MIS & monitoring of Project cashflows against planned progress.
  • Ownership of Cost and Budget data to FP&A team for annual project budget and cash-flow forecast.
  • Ownership related to pre-approval of all contracts on financial terms, cost and tax optimisations and budgetary control.
  • Ensure adequate insurance for all projects, diligence/financial pre-qualification of vendors, tracking and timely renewal of Bank Guarantees.

2.Business Development Finance Support Role
  • Ownership for driving Business Development activities from the perspective of closure of financial and tax due diligence within stipulated timelines
  • Reviewing term sheet, agreements, conveyance, and all other documents and share summary of key terms with relevant stakeholders. Red flag any term which may have financial obligation or risk.
  • Tax optimisation, clearance from tax team on new deals supported by tax opinion, if any
  • Oversee fund arrangement, initial budget and approval process of deal diligences and land acquisition.
  • Understanding and providing inputs related to new project model and analysing the cash flow, costs, revenue etc.
  • Handholding the Go- To - Market process finance related aspect from Land to Launch

06 May 2024


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