Summary
Overview
Work History
Education
Skills
Accomplishments
Software
Timeline
Soft Skills
Hobbies
Generic
YASHWANT NAIK

YASHWANT NAIK

Costing & Budgeting Professional
Mumbai

Summary

A highly motivated and detail-oriented Costing & Budgeting professional with Bachelors degree in electrical engineering & executive program from IIM calcuttahaving 14 years rich experience in cost management, budgeting, budget risk management of residential , mixed used developments .

Looking to secure a sound position in a dynamic organization that offers challenges and rewards & where by utilizing strong cost management skills, excellent organizational & problem solving abilities significant strategic value to the organization can be added.

Overview

14
14
years of professional experience
8
8
years of post-secondary education
3
3
Languages

Work History

Senior Manager -Costing & Budgeting (MEP)

GODREJ PROPERTIES LTD
11.2019 - Current

ZONE

  • Leading the MEP C&B team for Mumbai Zone, preparing & reviewing TDD, Concept, Schematic, DD Stage Budgets for Mumbai Zonal Projects
  • Leading the Budget Risk Management initiative for Zonal Operations team & its successful implementation across projects.
  • Keeping control over budget and awarded costs along with control over standardization of specifications & costs across different projects.
  • Reviewed project CTC's submitted by the project teams & ensuring timely closure of CTC exercise with overall variations less than 2%.
  • Identified cost improvement changes and cost savings plans to increase company savings.
  • Knowledge sharing within team & ensuring learnings are implemented
  • Mentored junior staff members for skill development and career progression within organization.
  • Established strong relationships with all stakeholders, ensuring long-term relationships.

HO

  • Reviewed TDD, Concept Stage Budgets prepared by regional teams (Mumbai, Pune, NCR, South, Kolkata, and Ahmedabad) before submitting to management for approval
  • Prepared Cost scorecard for project with respect to the TDD stage budget & benchmarked project to give an idea to the management about the project cost before approvals
  • Coordination with various stakeholders for organization level initiatives like standardization, Long term procurements, Process Improvements, Technology implementation
  • Prepared Model cost for Plotted Development projects across Zones
  • Keeping control over budget and awarded costs
  • Reviewed project CTC after regular intervals submitted by the regions & ensure that the reasons for variations are properly documented
  • Proposed value addition options for optimizing costs
  • Knowledge sharing with regions based on good practices followed in a particular region & ensure learnings are implemented

Manager- Cost Management - MEP

LARSEN & TOUBRO REALTY
10.2016 - 11.2019
  • Prepared project budget according to MEP services proposed in DBR's, Project configuration
  • Studying the Tender documents, drawings given by design & releasing tender for procurement
  • Verifying whether the design is as per the requirement, standards & highlighting discrepancies if & getting them rectified
  • Proposed value addition options for optimizing costs
  • Coordination with procurement team for vendor finalization
  • Successfully managed budgets and allocated resources to maximize productivity and profitability.
  • Processed change variations
  • Prepared project CTC after regular intervals
  • Keeping control over standardization of specifications & costs across different projects.
  • Mentored junior team members for career advancement, fostering pipeline of future leaders within organization.

Associate Manager-Project Controls & Audit (MEP)

LODHA GROUP
05.2015 - 10.2016
  • Prepared project budget according to MEP services proposed in DBR's.
  • Studying the Tender documents & drawings given by design
  • Verified whether the design is as per the requirement, standards & highlighting discrepancies if & getting them rectified
  • Proposed value addition options for optimizing costs
  • Budgeting of various packages & taking approvals from management on the estimates
  • Releasing tender for procurement
  • Coordination with procurement for vendor finalization
  • Keeping control over budget and awarded costs
  • Processed change variations
  • Prepared project CTC after regular intervals
  • Keeping control over standardization of specifications & costs across different projects.

Deputy Manager-Design and Estimation ( MEP)

GODREJ & BOYCE MFG.CO.LTD
08.2010 - 05.2015
  • Studying Tender documents & drawings
  • Tendering & Estimation of Electrical , HVAC, Plumbing , Firefighting works
  • Attending pre-Bid meeting & getting Queries cleared
  • Raising request for quotation to vendors
  • Negotiating with vendors
  • Techno Commercial Comparison of Quotes Received
  • Attending techno commercial negotiation meetings with Client
  • Order finalization & handing over to Projects & Procurement team.

Education

Executive Program For Young Managers - Major- Operations Management

Indian Institute of Management
Kolkata, India
01.2014 - 01.2015

Bachelor of Engineering - Electrical Engineering

SSPM's College of Engineering
Mumbai University
06.2006 - 05.2010

HSC -

Bharatiya Vidya Bhavan's Hazarimal Somani College
Mumbai, India
06.2004 - 06.2006

SSC -

GMES High School
Mumbai, India
06.2003 - 06.2004

Skills

Project Cost Control

Accomplishments

  • Godrej & Boyce - Tenders Bagged worth 300 Cr in MEP for Residential, Commercial, Industrial, Healthcare & hospitality Sectors
  • L&T Realty - Budgeting & Award of MEP packages for Prestigious AM Naik Commercial tower within budget.
  • Godrej Properties - CTC of projects with less than 1% variation across pan India Projects, Standardization of MEP BOQ for better control across Zones ,Implementation of Budget Risk Management initiative for Mumbai Zone Operation's team

Software

MS Office

Autocad

SAP

Timeline

Senior Manager -Costing & Budgeting (MEP)

GODREJ PROPERTIES LTD
11.2019 - Current

Manager- Cost Management - MEP

LARSEN & TOUBRO REALTY
10.2016 - 11.2019

Associate Manager-Project Controls & Audit (MEP)

LODHA GROUP
05.2015 - 10.2016

Executive Program For Young Managers - Major- Operations Management

Indian Institute of Management
01.2014 - 01.2015

Deputy Manager-Design and Estimation ( MEP)

GODREJ & BOYCE MFG.CO.LTD
08.2010 - 05.2015

Bachelor of Engineering - Electrical Engineering

SSPM's College of Engineering
06.2006 - 05.2010

HSC -

Bharatiya Vidya Bhavan's Hazarimal Somani College
06.2004 - 06.2006

SSC -

GMES High School
06.2003 - 06.2004

Soft Skills


  • Problem Solving
  • Teamwork
  • Critical Thinking
  • Negotiations
  • Leadership/ Management Skills

Hobbies

Cricket

Badminton

Trekking

YASHWANT NAIKCosting & Budgeting Professional