Cost Controller

11 hours ago

Nolambur Chennai Tamil Nadu, India Technical Development Engineering and Consulting Pvt. Ltd. Full time

**Job Title: Senior Cost Control Engineer**

**Job Description**:
**Key Responsibilities**:
**1. Budget Management**:

- Develop and maintain project budgets, including initial cost estimates, detailed cost breakdowns, and budget forecasts.
- Ensure that all project costs are tracked accurately and align with the budget.

**2. Cost Monitoring and Reporting**:

- Monitor project costs continuously, identifying variances between the actual and budgeted costs.
- Prepare regular financial reports, including cost performance reports, cash flow forecasts, and cost variance analyses.
- Provide management with timely and accurate reports on cost performance and projections.

**3. Cost Estimation**:

- Collaborate with project managers, engineers, and procurement teams to prepare detailed cost estimates for all phases of the project.
- Ensure that cost estimates are realistic and account for all project components, including materials, labor, equipment, and overheads.

**4. Change Management**:

- Manage and evaluate the financial impact of project changes, including scope modifications and unforeseen conditions.
- Update cost estimates and budgets based on approved change orders.

**5. Cost Control Systems**:

- Implement and maintain cost control systems and software to track project costs and financial data efficiently.
- Ensure that all financial data is accurately recorded and maintained in accordance with company policies and procedures.

**6. Collaboration and Communication**:

- Work closely with HQ team, Project teams, and other stakeholders to ensure that cost control measures are understood and followed.

**Qualifications and Skills**:

- Bachelor’s degree in engineering, Construction Management, or a related field.
- Minimum 8+ years of experience in Construction Projects
- Proven experience in cost control, financial management, or project management within the construction industry.
- Strong analytical skills and attention to detail.
- Proficiency in cost control software and tools, such as Primavera, Unifier, or similar.
- Excellent communication and teamwork skills.
- Ability to work under pressure and meet tight deadlines.
- Strong understanding of construction contracts, procurement processes, and project management principles.
- Certification in cost management or project management (e.g., CCP, PMP) is an advantage.

**Reporting Line**:

- Reports to the Cost Control Manager

**Job Types**: Full-time, Permanent

Pay: ₹20,000.00 - ₹80,000.00 per month

**Benefits**:

- Leave encashment

Schedule:

- Day shift

**Experience**:

- total work: 5 years (preferred)

Work Location: In person

Expected Start Date: 30/11/2024

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