Job Overview

The Cost Controls Specialist applies their conceptual knowledge of cost management and with limited supervision and guidance, is responsible for cost analysis, development of possible solutions using standard procedures, and critical thinking. The Cost Controls Specialist understands company processes and key business drivers to problem solve using technical experience, judgment, and industry best practices.

Our ingenuity fuels daily life. Together, we’ve forged some of the most trusted partnerships across the energy value chain to make what was once just an idea a reality: laying subsea infrastructure thousands of feet below sea level, installing platforms hundreds of miles from shore, using our expertise to design and build offshore wind infrastructure, and reshaping the onshore landscape to deliver the energy products the world needs safely and sustainably.

For more than 100 years, we've been making the impossible possible. Today, we're driving the energy transition with more than 30,000 of the brightest minds across 54 countries.

Key Tasks and Responsibilities




- Assist in the development and implementation of the project controls execution plan
- Assist in project controls system setup and project initiation requirements
- Participate in the implementation of the project OBS, WBS, and CBS in required financial and progress systems
- Understand and follow McDermott's Cost and Progress procedures
- Demonstrate understanding of Earned Value Management principles
- Basic knowledge of EPC contracting types (LS, Cost Plus, Reimbursable, Unit Rate, etc.)
- Awareness of contract and construction terminology
- Assist in Estimate Conforming
- Understand the project chart of accounts and its relationship to the estimate and contract scope
- Assist in the development and preparation of the forecast system and cost reports
- Assist with invoicing and support project accounting with cost to billings reconciliations as required
- Understand project trends and

📌 Cost Controls Specialist (Gurugram)
🏢 McDermott
📍 Gurugram