Cost Controller

3 weeks ago

Bengaluru Karnataka, India QuEST Global Full time

**Job Requirements
**Quest Global is an organization at the forefront of innovation and one of the world's fastest growing engineering services firms with deep domain knowledge and recognized expertise in the top OEMs across seven industries. We are a twenty-five-year-old company on a journey to becoming a centenary one, driven by aspiration, hunger and humility.

We are looking for humble geniuses, who believe that engineering has the potential to make the impossible, possible; innovators, who are not only inspired by technology and innovation, but also perpetually driven to design, develop, and test as a trusted partner for Fortune 500 customers.

As a team of remarkably diverse engineers, we recognize that what we are really engineering is a brighter future for us all. If you want to contribute to meaningful work and be part of an organization that truly believes when you win, we all win, and when you fail, we all learn, then we're eager to hear from you.

The achievers and courageous challenge-crushers we seek, have the following characteristics and skills:
**Cost Controller**:
Key accountabilities:

- Preparation, maintenance, and ownership of project cost control, including but not limited to tracking of budgets, commitments, VOWD, spend phasing and future forecasting, aligned to agreed project WBS.
- Ensure cost report is maintained with all relevant cost data to provide standard outputs to Project Management and other stakeholders.
- Rigorously maintain Change Control visibility, ensuring that both approved and pending changes, as well as Risks / Opportunities are included and documented in the cost report.
- Ensure that all budget changes and trends are documented and approved to ensure an ongoing accurate cost estimate and history of the project cost performance.
- Ensure cost forecasts align with actual delivery progress as reflected in the project schedule. Analyse cost data to understand variances from plan and provide insights to project management team on the impact of project delivery performance on forecasted total costs.
- Support project leadership in the overall delivery of cost engineering services and key business processes such as annual work plan & budget, MCE and QPF.
- Support all cost related digital initiatives to provide standard, efficient, and timely performance reporting.
- Support the cost estimator in preparation of project cost estimates where needed.
- Ensure all invoice-supporting documentation is readily available for auditing by partners to facilitate cost recovery.
- Ensure contractor compliance with contractual cost control requirements and those detailed within the Project Coordination Procedures (PCP).
- Support verification of contractor and supplier invoices for payment.

Experience and Qualifications:

- Industry Project Experience; minimum 7 years in a cost engineer/control role.
- Experience in Offshore/Onshore Wind is desirable, but not mandatory.
- Solid track record of delivery and cost engineering processes
- Engineering / Science/ Finance degree or equivalent experience
- Experience in the preparation, analysis and presentation of cost reports to  the project team, management and stakeholders.
- Experience of working alongside procurement teams on PO management and tracking
- Good communication (oral and written) skills
- Self-motivation and a high level of individual initiative and self-reliance are required.
- Ability to interface, influence, and work effectively with members of Project Leadership.
- Bias for simplification and efficiency with focus on fit-for-purpose deliverables that meet the needs of the business.

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