JD _Cost Controller

Exp: 6+ years

Location: Pan India (Noida)

NP: Join within a month

Mention main point:

Cost control, preferable from EPC domain, energy sector good to have primavera skills good knowledge of excel, advance excel

Why we come to work:

In Project Controls, our goal is to ensure the right rigor around schedule and cost management processes to deliver projects on-time and within budget. With focus and rigor around tools, processes, operating rhythm, and people, here you shall have the opportunity to learn, contribute and excel in one of the best Project controls functions in the industry. Surrounded by committed, loyal colleagues, if you can dare to bring your ingenuity and desire to make an impact, youll be exposed to game-changing, diverse projects that truly allow you to play your part in the energy transition.

Mission

Responsibilities and Accountabilities

Overall

- Support PM to align project budgets to as sold in appropriate systems
- Supports estimating, estimates and/or verifies the accuracy of the actual to date cost (material, labor, manufactured costs, suppliers invoices, timesheets, travel expenses.)
- Aligns with planning to ensure forecasted cost risks are accurately captured
- Maintain a register of potential cost risks
- Maintain a register of actual and committed costs
- Checks and controls cost movements, compares with current scope and progress as well as with previous forecast. Also Compares with productivity factors and validates accuracy of estimates
- Communicates cost status/forecasts/risk to functional cost owners and drives/supports risk mitigation
- Presents all financial data in a transparent way, attends project and management review to present cost status
- Provides change order calculations to ensure cost estimates are accurate




- Updates changes in appropriate systems to ensure costs are aligned to the current situation
- Aligns with Finance Controller to ensure reconciliation takes place between approved project financial data and books.
- Aligns with planner to ensure costs and schedule are tied to enable accurate cost/schedule management
- Support project close out and claims
- Provide support to tenders
- Ensure quality of the project controlling reporting.
- Ensure accuracy of cost budgets, actuals, and forecasting
- Ensure collaboration with functional cost owners to find strategies to reduce cost
- Ensure alignment to established standards (WBS, process, procedures, tools usage)
- Ensure efficiency and effectives of the project cost control team where applicable
- Contribute to month/quarter-end closing calendar
- Ensure claims management and successful project closeout

Quality & Lean

- Comply with Quality Procedures, work instructions and Processes at GSI level and Project Controls Function
- Report or resolve any non-conformances and process in a timely manner
- Identify areas of prospect for standardization / optimization and where possible participate in a Kaizen or similar lean event to implement any identified improvements

EHS

- Demonstrate commitment to safety through participation in formal and informal discussions
- Adhere to all safe working procedures in accordance with instructions
- Ensure safety work instructions are complied
- Participate in the resolution of safety issues.
- Initiate actions to improve health and safety where needed

Performance Measurement

- Schedule quality
- Cost forecasting quality
- Schedule forecast quality
- Cost and schedule performance of project
- Timeliness of reporting

Qualifications & Experience

Educational Requirements

Degree qualified either in finance or may have engineering degree (with financial training)

Regards,

Priya Aggarwal

📌 Business Consultant (Bengaluru)
🏢 Tech Mahindra
📍 Bengaluru