Your impact
- The incumbent will be responsible for controlling the project costs; This includes planningcontrolling, and forecasting the project’s budget. He / She will aim to minimize the deviationbudget and ensure that the project is completed within the approved budget. Primary locationany of the Jacobs offices (Gurgaon, Mumbai, Kolkata, Hyderabad, Bengaluru) in India
- Support Senior Cost Controllers to develop Cost WBS structure and control budget for the project based on the approved estimate.
- Support Senior Cost Controller to the change management as support to the project manager.
- Support in monitoring of cost developments of engineering/vendors/contractors and developthe cost reports.
- Analyze the project developments (including technical) and translate these into cost consequences and seek for opportunities to improve these objectives and report to Senior Cost Controllers.
- Perform price estimation and price budgeting from contract commitment to fit the baselineprogram
- Provide planning and cost controlling support for all projects which includes variation reporting, monitoring of milestone progress to the preparation of customer billing processes, etc.
- Ensure effective project implementation and utilize productive reports from the creation ofWBS with the use of project management system to monitor the status of the project.
- Forecast costs and prepare project cost reports on monthly basis.
- Perform project costing related reporting to the team and management’s review on a monthlybasis to ensure that expenditures are kept within the project budget.
- Provide cost control and planning advice to the project team as and when required.
- Keep a complete record of change notices to the project.
- Manage the financial part of the project, covering cost areas such as Forecasts, Actuals,Bookings and Commitments.
- Performing and/or managing the analysis of cost and risks for projects with a focus on supportof project management.
- Will be assigned to project teams on request.
- Accountable for investment project cost, and schedule and reports to the Project Manager of one or more projects during the planning and Texecution phase.
- he position controls the entire life cycle of any investment project.
Here's what you'll need
- Qualifications for Cost Control Engineer
- Graduate / Advanced degree in Engineering or other technical disciplines
- Experience in infrastructure sector or in construction industry is highly preferable, with exposure in site engineering, project management, coordination, procurement and construction workflows.
- Knowledge in cost control tools and technics to drive /contribute project financial health,
- knowledge in Estimation, Project / Cost Controlling, Project Tracking, Project Scheduling
- Demonstrate comprehensive understanding of interdependency of underlying cost drivers.
- Demonstrate excellent understanding of the entire system of the business, relationship between productivity vs profitability
- Minimum Work Experience required
- Minimum of 2 years post qualification experience (PQE) in relevant sectors
- Good team player with excellent communication and interpersonal skills
- Ability to communicate effectively (written and verbal) with project stakeholders
- Ability to prioritize and organize assigned tasks in a timely manner.
- Ability to follow company procedures and work independently without guidance
- Proactive and analytic, becoming an integrated part of the team, despite remote engagement.
- Mastery in MS Excel and strong skillset in other MS Office software (Word, PowerPoint, SharePoint, Outlook)
- Proficiency in any other cost control tool
- Knowledge in Planning software like MSP / Primavera, Power BI / Data Visualization software will provide an advantage
