Cost Controller (Noida)

Cost Controller (Noida)

07 Nov
|
Rareminds
|
Noida

07 Nov

Rareminds

Noida

JD 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 chance 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, you’ll be exposed to game-changing, diverse projects that truly allow you to play your part in the energy transition.

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

Performance Measurement · Schedule quality

· Cost forecasting quality

· Schedule forecast quality

· Cost and schedule performance of project

· Timeliness of reporting

Educational Requirements

Degree qualified engineering degree (with financial training)

Desired Knowledge & Experience

8+ years planning large turnkey projects

2+ projects providing cost controlling on large turnkey projects

Lead planner on 2+ turnkey projects

Knowledge of cost control function on large complex turnkey projects

Knowledge of forensic analysis on large complex turnkey projects

Interested Candidates Please share your updated cv - (phone hidden) / [email protected]

Pay: ₹1,300,000.00 - ₹1,800,000.00 per year

Work Location: In person

📌 Cost Controller (Noida)
🏢 Rareminds
📍 Noida

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