Cost Controls Professional Intermediate

3 weeks ago

Gurgaon, India Jacobs Full time

Our People & Places Solutions business - reinforces our drive to improve the lives of people everywhere and epitomizes the "why" of what we do - the tremendous positive impact and value our solutions bring to our communities and society as a whole. From facilities delivering life-saving therapies and ensuring clean water to enabling the connection of people through all modes of transportation and providing access to technology - we're integrating a multitude of these solution elements to build the smart environments of tomorrow._
- Start your Jacobs career with a company that inspires and empowers you to deliver your best work so you can evolve, grow and succeed - today and into tomorrow._

**Your Impact**:
The incumbent will be responsible for controlling the project costs; This includes planning, developing,

controlling, and forecasting the project’s budget. He / She will aim to minimize the deviation from the

budget and ensure that the project is completed within the approved budget.

1. 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.

2. Soft skills
- 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.

3. Key Relationship and Reporting

The incumbent will have relationships with one or more of the following:

- Project Managers, Senior Project Managers, Manager of Projects
- Project Controllers, Project Accountants, Commercial Analysts, Procurement

4. Software skills
- 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.

5. Primary Job Functions
- 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 develop the 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 baseline program.
- 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 of
- WBS 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 monthly 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 support of 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 execution phase.
- The position controls the entire life cycle of any investment project.

**Here’s What You’ll Need**:

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