Karthick Hari

Costing & Budgeting @ Mahindra Lifespace

Role
Deputy Manager - Costing and Budgeting at Mahindra Lifespace Developers Ltd
Location
Chennai, TN, IN
LinkedIn followers
500 followers
Finance & AccountingView LinkedIn profile

About Karthick Hari

Highly professional and talented Billing, Planning & QS & Budgeting with 12.5 years of experience in cost handling and management related to construction and engineering projects. Possess strong problem solving, numerical, communication and negotiation skills as well as solid construction and financial knowledge to properly manage commercial and contractual aspects of the projects and to effectively meet business demands.1.Had Experienced in 20 kind of different project including in-residential apartments, commercial building, billing & planning, external contractors, and sub-contractors and with client and as a client.2.Attended meetings and discuss project details with clients, contractors, asset owners.3.Trained 16 GET new employees in a supervisory capacity to take over similar projects and aid company expansion.4.Perform drafting according to specifications; ensured compliance with all project QA procedures and safety requirements.5.Inspect inventories and prepared orders for civil projects.6.coordinated and conducted section trialsWork closely with process engineers for follow up and evaluation, and presented reports according to designated schedules.

Experience

  1. Deputy Manager - Costing and Budgeting

    Mahindra Lifespace Developers Ltd

    Jan 2026 — Present · Bengaluru, IN

    1.Costing & Cost ControlPrepare and analyze costing.Monitor material, labor, and overhead costs.Perform cost variance analysis and identify reasons for deviations.Develop cost reduction strategies and recommend corrective actions.Maintain Bill of Materials and cost sheets.2. Budgeting & ForecastingPrepare annual budgets and periodic forecasts.Coordinate with various departments for budget inputs.Monitor actual performance vs budget.Conduct variance analysis and prepare management reports.Support rolling forecasts and financial planning models.3.Financial Analysis & ReportingPrepare MIS reports for senior management.Analyze profitability by product, project, or department.Support monthly closing activities related to cost accounting.Assist in preparing financial statements related to costing.4.Inventory & Working Capital ManagementMonitor inventory valuation and reconciliation.Analyze slow-moving and obsolete stock.Ensure proper cost allocation and stock valuation as per standards.5.Compliance & Internal ControlsEnsure compliance with accounting standards and company policies.Support internal and statutory audits.Implement strong cost control systems and procedures.6.Team & Cross-Functional CoordinationCoordinate with production, procurement, and operations teams.Guide junior accountants or costing executives.Support SAP implementation and automation of costing modules.

Education

  • Little Holy Angels Hr. Sec. School

    Bachelor of Engineering - BE, Computer Science

    2002 — 2008

  • St. Peter's Engineering College

    Bachelor of Engineering - BE, Civil Engineering

    2008 — 2012

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Karthick Hari — Deputy Manager - Costing and Budgeting at Mahindra Lifespace Developers Ltd in Chennai, TN, IN | Unifers