Project Cost Control Analyst (Bengaluru)

Project Cost Control Analyst (Bengaluru)

09 Apr
|
CDM Smith
|
Bengaluru

09 Apr

CDM Smith

Bengaluru

**44254BR** **Requisition ID:** 44254BR **Business Unit:** COR **Job Description:** CDM Smith is seeking a Project Cost Control Analyst to join our Digital Engineering Solutions team. This individual will be part of the Development group within the Digital Engineering Solutions team, helping design and implement cloud-based solutions that facilitate project cost control and Azure billing analysis, ensuring accurate tracking and reporting of cloud expenditures. An ideal candidate will be a critical thinker, proactive, and highly interested in leveraging new technologies and methods to optimize cost efficiency and billing transparency. This individual must showcase exceptional abilities in implementing solutions for AEC initiatives that involve cutting-edge technologies, particularly those focused on financial management and cloud cost optimization. As a member of the Digital Engineering Solutions team, the Development group will be engaged in research and development and provide guidance and oversight into the AEC practices at CDM Smith, engaging in new product research and the incubation of innovative ideas that arise from around the company, including those targeting improved project cost management and Azure billing processes. The ideal candidate must have extensive experience in their field and demonstrate a commitment to continuous advancement and interest that drives measurable financial results. The following are the key responsibilities for this position: - Take responsibility for the project and work independently in a collaborative environment. - Monitor actuals vs. budgeted costs across labor, vendors, cloud/infrastructure, and operational expenses. - Prepare periodic cost reports, dashboards, and executive summaries for stakeholders. - Validate cost estimates and assumptions during project initiation and planning phases. - Ensure budgets align with approved scope, schedule, and contractual requirements. - Collaborating with the account team to set up project codes to meet the project's requirements. - Monitor, analyze, and report on Azure cloud resource usage and associated costs. Identify areas for potential savings and optimize resource allocation in alignment with project objectives. - Develop and maintain project budgets for cloud-based initiatives, including forecasting future expenses based on usage patterns and business requirements. - Prepare regular financial reports detailing actual vs. budgeted costs for Azure projects. Provide insights and recommendations to management regarding cost trends and variances. - Implement and manage cost allocation models and chargeback mechanisms to accurately assign cloud costs to respective business units or projects. - Coordinate with the account team to review, verify, and document Azure and project expenses, ensuring all costs are properly assigned to the appropriate project codes. - Ensure adherence to financial policies, accounting standards, and cloud governance frameworks. - Support internal and external audits by providing documentation and analysis related to project labor and cloud expenditures. - Work closely with IT, DevOps, and cloud engineering teams to understand resource provisioning and usage,



ensuring financial considerations are integrated into technical decisions. - Process Improvement: Identify opportunities to streamline project costing, billing, and financial reporting processes within Azure environments. - Stakeholder Communication: Present financial data, cost optimization strategies, and project costing updates to stakeholders, including project managers, finance leaders, and executive teams. Skills and Abilities: - Ability to work independently while collaborating effectively with a team - Strong understanding of project cost management principles and financial controls. - Advanced Excel skills (pivot tables, formulas, variance analysis). - Experience with cost forecasting, budgeting, and financial reporting. - Ability to analyze complex datasets and translate findings into clear insights. - Strong communication and stakeholder management skills. - Experience in Azure cloud cost management and project accounting processes. - Proficiency with Microsoft Excel, financial reporting tools, and ideally Azure Cost Management systems. - Strong understanding of accounting principles, cost allocation, and financial controls. - Understanding of change management and release processes. - Ability to validate applications during pre- and post-deployment phases. - Strong customer-service orientation with a focus on user experience and reliability. - Professional and empathetic approach when working with end users during incidents. - Attention to detail and accuracy in reconciling financial data and allocating expenses. - Analytical thinking to identify and resolve cost assignment discrepancies quickly. - Ability to document and refine financial processes for ongoing improvement. - Ability to perform root cause analysis (RCA) and propose long-term corrective actions. - Ability to support enterprise-class applications and a successful track record of managing priorities and resources personally. - Good understanding of applications and system dependencies. - Discipline in keeping documentation current and accurate. - Ability to clearly explain the cost information to the nontechnical stakeholders. - Excellent communication and collaboration skills for working with cross-functional teams. - Strong problem-solving and critical-thinking abilities. - Willingness to participate in on-call or rotational support schedules. - Willingness to learn new technologies and tools. **Job Title:** Project Cost Control Analyst **Group:** COR **Employment Type:** Regular **Minimum Qualifications:** Bachelor's degree in accounting, finance, business, or a related discipline. - 3+ Experience with Azure cloud services and project cost allocation preferred. - Knowledge of project management methodologies (Agile, Waterfall, Hybrid). - Familiarity with ERP systems and accounting software is an asset.



**Preferred Qualifications:** Azure equivalent certification preferred **Why CDM Smith?:** Check out this video and find out why our team loves to work here! Join Us! CDM Smith - where amazing career journeys unfold. Imagine a place committed to offering an unmatched employee experience. Where you work on projects that are meaningful to you. Where you play an active part in shaping your career journey. Where your co-workers are invested in you and your success. Where you are encouraged and supported to do your very best and given the tools and resources to do so. Where it's a priority that the company takes positive care of you and your family. Our employees are the heart of our company. As an employer of choice, our goal is to provide a challenging, progressive and inclusive work environment which fosters personal leadership, career growth and development for every employee. We value passionate individuals who challenge the norm, deliver world-class solutions and bring diverse perspectives. Join our team, and together we will make a difference and change the world. **Job Site Location:** India - Bangalore / Chennai / Pune **Agency Disclaimer:** All vendors must have a signed CDM Smith Placement Agreement from the CDM Smith Recruitment Center Manager to receive payment for your placement. Verbal or written commitments from any other member of the CDM Smith staff will not be considered binding terms. All unsolicited resumes sent to CDM Smith and any resume submitted to any employee outside of CDM Smith Recruiting Center Team (RCT) will be considered property of CDM Smith. CDM Smith will not be held liable to pay a placement fee. **Amount of Travel Required:** 0% **Assignment Category:** Fulltime-Regular **Background Check and Drug Testing Information:** CDM Smith Inc. and its divisions and subsidiaries (hereafter collectively referred to as "CDM Smith") reserves the right to require background checks including criminal, employment, education, licensure, etc. as well as credit and motor vehicle when applicable for certain positions. In addition, CDM Smith may conduct drug testing for designated positions. Background checks are conducted after an offer of employment has been made in the United States. The timing of when background checks will be conducted on candidates for positions outside the United States will vary based on country statutory law but in no case, will the background check precede an interview. CDM Smith will conduct interviews of qualified individuals prior to requesting a criminal background check, and no job application submitted prior to such interview shall inquire into an applicant's criminal history. If this position is subject to a background check for any convictions related to its responsibilities and requirements, employment will be contingent upon successful completion of a background investigation including criminal history. Criminal history will not automatically disqualify a candidate. In addition, during employment individuals may be required by CDM Smith or a CDM Smith client to successfully complete additional background checks, including motor vehicle record as well as drug testing.

📌 Project Cost Control Analyst (Bengaluru)
🏢 CDM Smith
📍 Bengaluru

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