Cost Controller

13 hours ago

Noida Uttar Pradesh, India Quest Global Full time

**Job Requirements**
- Able to drive project teams to control the project
- Analytical skills to use data to forecast outcomes
- Clear communicator with strong communication and influencing skills
- Primavera skills
- Cost management skills
- Ensure the project cost are managed with global standard tools and processes
- Ensure budgeted values are aligned with historical performance
- Reviews project schedule and progress to identify cost risks and opportunities
- Reviews project scope evolution to identify cost risk and opportunities
- Reviews functional execution and events to identify cost risks and opportunities
- Provide cost analytics using project information and analysing cost and productivity trends
- Own and drive the Budget Deviation Process with tools
- Drives a regular cost operating rhythm to discussion risk and opportunities
- Develops cost forecasts based on functional input and analytics, challenges functional estimates where needed
- Checks and controls cost movements, compares with current scope and progress as well as with previous forecast. Also Compares with productivity factors and validates accuracy of estimates
- Communicates cost status/forecasts/risk to functional cost owners and drives/supports risk mitigation
- Presents all financial data in a transparent way, attends project and management review to present cost status and actions
- Aligns with Finance Controller to ensure reconciliation takes place between approved project financial data and books.
- Provide time based cost forecasts to support revenue recognition

**Work Experience**:

- **Cost Controlling**:

- Ensure the project cost are managed with global standard tools and processes
- Ensure budgeted values are aligned with historical performance
- Reviews project schedule and progress to identify cost risks and opportunities
- Reviews project scope evolution to identify cost risk and opportunities
- Reviews functional execution and events to identify cost risks and opportunities
- Provide cost analytics using project information and analysing cost and productivity trends
- Own and drive the Budget Deviation Process with tools
- Drives a regular cost operating rhythm to discussion risk and opportunities
- Develops cost forecasts based on functional input and analytics, challenges functional estimates where needed
- Checks and controls cost movements, compares with current scope and progress as well as with previous forecast. Also Compares with productivity factors and validates accuracy of estimates
- Communicates cost status/forecasts/risk to functional cost owners and drives/supports risk mitigation
- Presents all financial data in a transparent way, attends project and management review to present cost status and actions
- Aligns with Finance Controller to ensure reconciliation takes place between approved project financial data and books.
- Provide time based cost forecasts to support revenue recognition

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