01 Aug
|
Tata Projects
|
Maharashtra
01 Aug
Tata Projects
Maharashtra
Role & responsibilities
- Lead project cost control activities to ensure projects are delivered within approved budgets and financial targets.
- Develop project cost baselines, cash flow forecasts, and cost tracking systems throughout the project lifecycle.
- Monitor actual costs against budgets, identify variances, and recommend corrective actions to mitigate financial risks.
- Prepare and maintain project cost reports, forecasts, and management dashboards for timely decision-making.
- Coordinate with project, procurement, contracts, and finance teams to ensure accurate cost allocation and reporting.
- Track commitments, accruals, change orders, and project expenditures to maintain cost visibility and control.
- Support project budgeting, estimate reviews, and bid preparation activities from a cost management perspective.
- Perform earned value analysis (EVA) and cost performance assessments to evaluate project health and forecast outcomes.
- Identify potential cost overruns and develop mitigation plans to improve project profitability and financial performance.
- Support contract administration, claims, variations, and change management activities by assessing cost impacts.
- Ensure compliance with company project controls procedures, financial policies, and reporting standards.
- Drive continuous improvement initiatives to enhance cost control processes, systems, and reporting accuracy.
Preferred candidate profile
- Bachelor's Degree in Engineering (Mechanical, Civil, Electrical, Chemical, or related discipline).
- 10-15 years of experience in Cost Control, Project Controls, Commercial Projects, or Project Finance within Oil & Gas, EPC, Petrochemical, Energy, Infrastructure, or Industrial Projects.
- Proven experience managing cost control functions for medium to large-scale EPC projects.
- Robust exposure to project budgeting, forecasting, earned value management, and project financial reporting.
📌 Cost Control Manager (OGH) (Maharashtra)
🏢 Tata Projects
📍 Maharashtra