Cost Controller

3 days ago

Patna Bihar, India Larsen & Toubro Full time

Cost Controller

LNT/CC/985623

Heavy Civil InfrastructurePatna
- Posted On
23 May 2024- Required Experience
4 - 6 Years**Skills**:
Knowledge & Posting Location

COST CONTROL

COST MANAGEMENT

PLANNING (COSTING)

FINANCIAL ANALYSIS

FINANCIAL REPORTING

PROJECT MANAGEMENT

MIS & ANALYTICS

Minimum Qualification

B.TECH/B.E

**Job Description**:

- Preparation and Tracking of Annual Budget
- Variation Analysis of Planned vs Achieved Quantities & Cost
- Preparation of Job cost Report and Management Reports viz. Job Cost Report, Material Reconciliation, Schedule over Invoice Mitigation, Staff Cashflow Reports
- Reviewing and Finalizing Cost Statement
- Responsible to minimize the deviation from the budget and ensure that the project is completed within the approved budget.
- Escalates the cost corners/ issues ahead of time to the management for mitigation action.
- Tracks the cost mitigation action
- Knowledge in Total Cost Management Concepts & taxonomy and Earned Value Management (EVM)
- Allocation of budget and establish a Cost Baseline
- Ability to analyze the cost report, detect issues, and effectively communicate the project’s cost performance, issues/ concerns, & recovery plans to the project team
- Proficient in MS Office.
- Proficiency in standard Cost Control Tool/ Application is preferred.

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