Srilakshmi Dhulipudi
Senior Costing Manager
Summary
Cost Management Professional equipped with deep understanding of cost analysis, budgeting, and financial reporting. Skilled in driving efficiency through strategic cost control measures and process improvements. Strong focus on team collaboration and achieving tangible results. Adaptable and dependable, ensuring alignment with changing business needs. Proficient in cost estimation, variance analysis, and financial modeling, with keen eye for detail and results-driven mindset.
Overview
17
17
years of professional experience
3
3
Languages
Work History
Senior Costing Manager
Fortrea
Hyderabad, TELANGANA
05.2026 - Current
- Support the development of proposals and budgets to ensure clear alignment of project costings to customized delivery strategy by performing but not limited to the following tasks:
- Review Request for Proposal (RFP) scope and specs and initiate the costing process by initial update of the pricing tool and ensure that this is updated and accurate on an ongoing basis during the cost finalization process.
- Review, update and adjust the initial system generated default budget independently or after feedback and direction from costing director/s and other stakeholders.
- Deliver individually or under supervision from the Costing Director and manage all delegated aspects of costing compilations for RFP responses and non-compete awarded projects.
- Review proposed Fortrea pass through items and costs for new RFPs and request adjustments if required to ensure accurate pass-through costs.
- Coordinate with key stakeholders like resourcing, senior directors, clinical operations, GCTO to ensure timely assignment of project team.
- Updating Resource Management Tool for proposed project team for new RFPs and provide it to resourcing team within timelines.
- Review and coordinate with pricing to ensure accurate mapping and finalization of client budget grid with Fortrea WBS codes.
- Provide mentoring and onboarding training to Costing Managers and other members of the team.
Costing Manager
Fortrea
11.2021 - 04.2026
- Ensured compliance with regulatory requirements by staying up-to-date on industry standards and adjusting internal processes accordingly.
- Contributed to successful project launches by providing detailed cost estimates during the development phase.
- Collaborated with cross-functional teams to identify opportunities for process improvements, leading to reduced production costs.
- Assisted in pricing strategy development to ensure competitiveness while maintaining profit margins.
- Streamlined the budgeting process for better financial forecasting and decisionmaking.
- Established standard operating procedures for the costing department, ensuring consistent practices across all projects.
- Enhanced collaboration between departments, resulting in a more accurate and timely costing process.
- Improved costing accuracy by implementing more efficient data collection and analysis methods.
- Provided valuable insights on cost drivers by conducting thorough variance analyses.
- Mentored junior team members to enhance their understanding of cost accounting principles and best practices.
- Optimized resource allocation through continuous refinement of labor and overhead rates based on historical performance data.
Proposal Manager II
LabCorp
07.2019 - 10.2021
- Analyzed client RFPs to identify key requirements, enabling tailored responses that addressed specific needs.
- Streamlined proposal development process, reducing turnaround time and improving overall efficiency.
- Monitored compliance with corporate guidelines, ensuring consistency across all submitted proposals.
- Collaborated with subject matter experts to gather relevant information and develop comprehensive technical solutions.
- Conducted post-proposal debriefs to identify areas of improvement, leading to higher success rates in future submissions.
- Trained and mentored junior staff members in proposal writing best practices, enhancing team performance.
- Established rigorous quality assurance procedures leading to fewer errors in final submissions.
- Secured new business opportunities by crafting persuasive executive summaries highlighting unique selling points.
- Proactively identified potential risks associated with each opportunity, enabling risk mitigation measures that increased chances of winning bids.
- Managed cross-functional teams to ensure timely delivery of high-quality proposals for clients.
- Implemented proactive proposal planning, resulting in improved resource allocation and reduced stress on the team during peak periods.
- Managed a team of two proposal associates.
Proposal Manager
Parexel
11.2016 - 06.2019
- Negotiated contracts with external vendors for specialized services required during the proposal development process.
- Collated past performance data from project managers to showcase company expertise within specific domains.
- Organized material to research and complete writing tasks.
- Analyzed client RFPs to identify key requirements, enabling tailored responses that addressed specific needs.
- Streamlined proposal development process, reducing turnaround time and improving overall efficiency.
- Monitored compliance with corporate guidelines, ensuring consistency across all submitted proposals.
- Collaborated with subject matter experts to gather relevant information and develop comprehensive technical solutions.
- Managed a team of two junior associates.
Proposal Specialist
Parexel
06.2013 - 10.2016
- Optimized resource allocation during peak periods by assessing project priorities and delegating tasks accordingly among team members.
- Enhanced proposal quality by developing and implementing standardized templates and guidelines for consistent presentation.
- Coordinated responses from subject matter experts, ensuring accurate representation of capabilities in proposals submitted to clients.
- Ensured compliance with all client requirements by meticulously reviewing RFPs and adhering to established guidelines throughout the proposal process.
- Effectively prioritized tasks under tight deadlines, demonstrating exceptional project management skills throughout each stage of the proposal lifecycle.
Senior Imaging Research Associate
Parexel
05.2012 - 06.2013
- Streamlined imaging workflow for increased efficiency and improved data analysis capabilities.
- Established strong relationships with vendors, securing timely delivery of essential site supplies as needed.
- Enhanced imaging quality by optimizing research protocols and implementing advanced techniques.
- Provided expert guidance on best practices for imaging procedures, elevating team performance and data accuracy.
- Implemented rigorous quality control measures for consistent imaging results across all research projects.
- Developed innovative solutions to complex imaging challenges, resulting in higher quality data output.
- Performed a routine qualitative review of medical imaging, such as X-rays, MRI scans, and CT scans.
- Led troubleshooting efforts to resolve technical issues quickly, minimizing delays in project timelines.
- Mentored junior researchers on their career development paths while providing support on their individual projects.
Imaging Research Associate
Parexel
12.2009 - 04.2012
- Managed equipment maintenance schedules, minimizing downtime and ensuring optimal performance.
- Conducted regular audits of existing processes to identify areas for improvement, driving continuous process optimization initiatives within the team.
- Conducted thorough image analysis, ensuring accurate results and contributing to key research findings.
- Trained new hires on proper usage of imaging equipment and software, fostering a culture of excellence within the team.
- Streamlined imaging workflow for increased efficiency and improved data analysis capabilities.
Dental Surgeon
Private Practice
01.2009 - 11.2009
- Removed impacted and non-restorable teeth, both during surgeries, and day-to-day procedures.
- Performed root canal procedures to treat nerve and dental pulp issues and prevent further damage to teeth and gums.
- Created individualized treatment plans to maintain or restore oral health of patients.
- Prescribed medication to improve recovery and control pain after procedures.
- Performed regular preventive dentistry services including scaling, polishing, fluoride application to maintain excellent oral health status amongst clientele base.
- Used rotary and dental appliances and surgical implements to clean, fill, extract and replace teeth.
Education
Bachelor of Dental Surgery - Dental Science
GITAM Dental College
Visakhapatnam, India 04.2001 -
MBA - Operations Management
Symbiosis
Pune, India 04.2001 -
PG Diploma - Clinical Research
ICRI
Hyderabad, India 04.2001 -
Skills
Cost variance analysis
Operational efficiency
Pricing strategy development
Forecasting
Scope development
Proposal development
Cost reduction strategies
Resource management
Cross-functional team leadership
Change order management
Problem-solving abilities
Time management
Accomplishments
- 80+ recognition awards for Process, People, and Client Excellence at Fortrea.
- Winner of the 2020 Shark Tank Initiative – Financial & Commercial category at Labcorp.
- Led the successful implementation of the “Scenario Switch” tab at Fortrea.
- Conducted Budget Process Training for Business Development Directors and hosted global knowledge-sharing sessions.
- Received 10/10 client satisfaction scores from two major clients at Parexel.
- Recognized for reducing audit issues and improving data reconciliation processes.
Presentations
Speakerat ISCR Conference 2024 on “Financial Stewardship”
Affiliations
Indian Society for Clinical Research
Timeline
Senior Costing Manager
Fortrea
05.2026 - Current
Costing Manager
Fortrea
11.2021 - 04.2026
Proposal Manager II
LabCorp
07.2019 - 10.2021
Proposal Manager
Parexel
11.2016 - 06.2019
Proposal Specialist
Parexel
06.2013 - 10.2016
Senior Imaging Research Associate
Parexel
05.2012 - 06.2013
Imaging Research Associate
Parexel
12.2009 - 04.2012
Dental Surgeon
Private Practice
01.2009 - 11.2009
Bachelor of Dental Surgery - Dental Science
GITAM Dental College
04.2001 -
MBA - Operations Management
Symbiosis
04.2001 -
PG Diploma - Clinical Research
ICRI
04.2001 -