This position is listed on behalf of a partner company, which manages all applications and next steps. Our partner is looking for a Specialist – Cost Control based in Chennai, India.

As a Specialist in Cost Control, you will play a key role in managing project budgets, financial forecasts, and cost performance across complex engineering projects. You will monitor project expenditures, analyze financial variances, and provide actionable insights to support informed business decisions. Working closely with project management, engineering, and procurement teams, you will help ensure that costs remain aligned with project schedules, budgets, and delivery objectives. You will take ownership of cost forecasting, estimate-to-complete (ETC) and estimate-at-completion (EAC) calculations, and management reporting. The role also involves identifying financial risks, improving cost control processes, and supporting accurate month-end reporting. This is an opportunity to contribute your analytical expertise in a collaborative, fast-paced, and internationally connected engineering setting.

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Accountabilities:

• Project Cost Control and Monitoring: Manage project cost control activities, track expenditures, monitor financial performance, and implement appropriate control measures to ensure projects remain within approved budgets.

• Budgeting and Forecasting: Establish and maintain project control budgets, prepare cost forecasts, and take ownership of ETC and EAC estimates, including accurate forecast phasing throughout the project lifecycle.

• Variance Analysis: Analyze differences between planned and actual costs, identify root causes, assess financial impacts, and recommend corrective actions to improve project performance.

• Engineering Hours and Productivity Monitoring: Track engineering hours, measure work progress and productivity, and evaluate performance against project baselines and planned deliverables.

• Schedule and Cost Alignment: Coordinate cost forecast

📌 Specialist - Cost Control (India)
🏢 Jobgether
📍 India