Cost Control Specialist

3 weeks ago


Noida, Uttar Pradesh, India Global Talent Full time
Job Title: Cost Control Engineer

Job Summary
We are seeking a skilled Cost Control Engineer to join our team at Global Talent. As a Cost Control Engineer, you will be responsible for developing and implementing cost recording, reporting, and analysing data, as well as providing variance reports.

Key Responsibilities
- Developing and implementing requirements for cost recording, reporting, and analysing data and providing variance reports.
- Preparing cost data for projects, proposals, and contract negotiations. Scope change management.
- Determines scope definition requirements for a discipline or other specialty and works with Engineering and other sources to coordinate the production of required data to conform to the overall estimate preparation plan.
- Develops quantity take-offs for a discipline or specialty using defined documents or undefined scope assumptions. Verifies quantities provided by others.
- Develops and applies unit rates (cost and job hours) to quantity take-offs and to otherwise developed quantities within a discipline or other specialty.
- Prepares specific budgets in accordance with prescribed standards and procedures. Independently provides financial reporting and trending, with oversight, for the Project Cost Engineer.
- Prepare and manage the staffing plans (cost and job hours)
- Prepare and coordinate cost reports.

Key Performance Indicators (KPIs)
- Preparation of Budget
- Preparation of Cash In
- Preparation of Cash out
- Preparation of Cash flow
- Preparation of Cost report
- Productivity chart
- Cost overrun report
- Client billing
- Quarterly, monthly billing projection report
- Value of work done report
- FTC Estimation (Forecast to complete)
- CPI, SPI Calculation
- MIS reports
- Variation Order

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