Senior Cost Management Specialist

At Dow we believe in putting people first and we re passionate about delivering integrity respect and safety to our customers our employees and the planet Our people are at the heart of our solutions They reflect the communities we live in and the world where we do business Their diversity is our strength We re a community of relentless problem solvers that offers the daily opportunity to contribute with your perspective transform industries and shape the future Our purpose is simple - to deliver a sustainable future for the world through science and collaboration If you re looking for a challenge and meaningful role you re in the right place About the role As a Senior Cost Management Specialist to be located at Chennai India you will join DOW where the power of science and technology is combined to passionately innovate what is essential to human progress You will be contributing to driving innovations that extract value from material polymer chemical and biological science to help address many of the world s most challenging problems such as the need for fresh food safer and more sustainable transportation clean water energy efficiency more durable infrastructure and increasing agricultural productivity Your work at Dow will involve delivering a broad range of technology-based products and solutions in high-growth sectors such as packaging infrastructure transportation consumer care and electronics Key Responsibilities Integrates Project Cost workhour estimate project schedule into Cost Management baseline Develop Project cost reports of high accuracy Create cash flows cancellation curves cost narratives trend analysis analyzing the contingency commitment spent and forecasts Create the accurate reflection of committed spent funds project deviation notices field change orders and project execution changes in all cost documents Provides estimate of cancellation costs Leads the project team in driving an accurate realistic forecast of all funds required to complete the project within the defined budget and schedule while incorporating own trending and analyses Provides supporting data for project metrics external benchmarking and project closure Lead the cost changes or deviations Alert on thresholds and enhance controls Integrate with various functional disciplines as a team player ensuring the right inputs for the accurate forecasting Qualifications Experience Bachelor s degree or equivalent experience Minimum 8 year and above experience as Cost Controller Your Skills Project Cost Management tools SAP EcoSys etc and Methodology Estimating Tools and schedule management tools general awareness Knowledge of Contracting Subcontracting of multi discipline projects in Oil Gas and Chemical Sectors- Small Medium and Large Projects Engineering man-hour utilizations allocations International currencies currency conversion practices Strong communication Skills in English Additional Notes Relocation is not supported for this role Must be willing to work on projects at different geographies locations role Benefits - What Dow offers you We invest in you Dow invests in total rewards programs to help you manage all aspects of you your pay your health your life your future and your career You bring your background talent and perspective to work every day Dow rewards that commitment by investing in your total wellbeing Here are just a few highlights of what you would be offered as a Dow employee Equitable and market-competitive base pay and bonus opportunity across our global markets along with locally relevant incentives Benefits and programs to support your physical mental financial and social well-being to help you get the care you need when you need it Competitive retirement program that may include company-provided benefits savings opportunities financial planning and educational resources to help you achieve your long term financial-goals Employee stock purchase programs availability varies depending on location Student Debt Retirement Savings Match Program U S only Dow will take the value of monthly student debt payments and apply them as if they are contributions to the Employees Savings Plan 401 k helping employees reach the Company match Robust medical and life insurance packages that offer a variety of coverage options to meet your individual needs Travel insurance is also available in certain countries locations Opportunities to learn and grow through training and mentoring work experiences community involvement and team building Workplace culture empowering role-based flexibility to maximize personal productivity and balance personal needs Competitive yearly vacation allowance Paid time off for new parents birthing and non-birthing including adoptive and foster parents Paid time off to care for family members who are sick or injured Paid time off to support volunteering and Employee Resource Group s ERG participation Wellbeing Portal for all Dow employees our one-stop shop to promote wellbeing empowering employees to take ownership of their entire wellbeing journey On-site fitness facilities to help stay healthy and active availability varies depending on location Employee discounts for online shopping cinema tickets gym memberships and more Additionally some of our locations might offer Transportation allowance availability varies depending on location Meal subsidiaries vouchers availability varies depending on location Carbon-neutral transportation incentives e g bike to work availability varies depending on location Join our team we can make a difference together About Dow Chemical International Pvt Ltd Dow Chemical International Private Limited Dow India aims to be the most innovative sustainable inclusive customer-centric materials science company The company is committed to delivering the right solutions to its customers challenges With broadest technology sets spanning performance materials industrial intermediates and plastics Dow India delivers differentiated science-based products and solutions in high-growth segments such as packaging infrastructure automobile and consumer care A Great Place to Work Certified company with approximately over 1000 employees its operations comprise of manufacturing sites innovation center established centers of excellence and commercial office As a responsible corporate the company supports its Corporate Social Responsibility program with technology expertise and employee volunteerism Dow India works with non-profit partners towards the empowerment of differently abled women and children in communities where it operates The company aims to redefine the societal blueprint by supporting holistic sustainability and circular economy initiatives As part of our dedication to the diversity of our workforce Dow is committed to equal opportunities in employment We encourage every employee to bring their whole self to work each day to not only deliver more value but also have a more fulfilling career Further information regarding Dow s equal opportunities is available on