About the role

Job Title: Deputy Manager – Corporate Budgeting & Costing, Divisional Finance Lead (Precast)

Location: PSP Projects Ltd., Ahmedabad

Department: Finance

Reporting To: CFO/Finance Controller

Role Summary:

We are seeking a Chartered Accountant (CA), preferably ICWA/CMA with 10-15 years of experience to manage and enforce budgetary controls through SAP across the organization. This role will ensure that all budgetary controls, validations, and compliance mechanisms are effectively implemented and monitored in SAP. Additionally, the candidate will serve as the Finance Lead for the Precast Manufacturing Division, overseeing its financial discipline, cost tracking, and reporting.

Key Responsibilities:

A. Company-Level Budgeting Controls (SAP-Focused)

SAP-Based Financial Controls

Manage budgeting and cost control processes using SAP (SAP S/4HANA).
Ensure accurate configuration and maintenance of budget control settings in SAP (e.g., cost centers, internal orders, WBS elements).
Monitor budget availability control and ensure system-based checks are functioning as intended.

Budget Validation & Compliance

Validate that all expenditures and commitments are within approved budgets.
Flag and escalate deviations or override requests with appropriate justifications.

Cost Monitoring & Analysis

Track actual costs vs. budget across materials, labor, overheads, and subcontracting.
Generate SAP-based reports to track budget utilization across departments and projects.
Provide real-time insights to management on budget adherence and control gaps.

Reporting & Process Governance

Support management reviews with data-driven insights and recommendations.
Collaborate with the teams to ensure alignment between budget uploads and SAP configurations.
Support internal audits and compliance reviews related to budgetary controls.

Compliance & Audit Support

Ensure compliance with internal financial controls, company policies, and statutory requirements.
Support internal and external audits by providing relevant documentation and analysis.
Maintain audit trails and documentation for all budgeting and control activities.

Process Improvement & Automation

Drive continuous improvement in budgeting and control processes.
Leverage SAP tools and BI platforms to automate reporting and enhance data accuracy.
Train team members on SAP functionalities and financial best practices.

B. Divisional Finance Head – Precast Division

Divisional Budgeting & Cost Control

Prepare and monitor the Precast Division’s budget, including production, procurement, and overheads.
Track actual vs. budgeted costs and identify cost-saving opportunities.
Implement financial controls specific to precast manufacturing operations.

Operational Finance Oversight

Monitor production costs, inventory valuation, and wastage control.
Support pricing decisions and margin analysis for precast products and services.
Collaborate with plant managers and operations teams for financial planning.

Divisional MIS & Performance Tracking

Prepare monthly divisional MIS reports with KPIs, cost trends, and profitability analysis.
Present financial performance to divisional leadership and corporate finance.

Strategic Support & Business Partnering

Support feasibility studies, capex planning, and investment decisions for the division.
Act as a financial advisor to the divisional head for strategic initiatives.
Ensure alignment of divisional financial goals with overall company objectives.

Qualifications & Skills:

Education: Chartered Accountant (CA), preferably ICWA/CMA
Experience: 10-15 years in financial controls, SAP budgeting, and cost monitoring
Industry Preference: Construction, Infrastructure, or Manufacturing (Precast exposure preferred)
Technical Skills:
- Proficiency in SAP (especially budgeting, cost control, and reporting modules)
- Strong Excel and analytical skills
- Strong understanding of project accounting
Behavioral Competencies:
- Detail-oriented with a strong compliance mindset
- Effective communicator and cross-functional collaborator
- Ability to manage dual responsibilities and prioritize effectively

Dy. Manager - Corporate Budgeting & Costing, Divisional Finance Lead (Precast)