Cost Controller

Total Number of Openings

Cost Controller

The Chevron Engineering and Innovation Excellence Center (ENGINE) in Bengaluru India brings together the resources and expertise of the Chevron global network with talent in India to enhance agility and technological innovation to optimize solutions for the world's current and future energy challenges.  As one of the leading energy providers worldwide, Chevron is involved in the production of crude oil and natural gas, manufacturing of transportation fuels, lubricants, petrochemicals, and additives, and the development of enabling technologies.

Chevron's vision is to be the global energy company most admired for its people, partnerships, and performance. With a clear purpose to develop affordable, reliable, ever-cleaner energy that enables human progress, we believe human ingenuity has the power to solve any challenge and overcome any obstacle. Meeting the world's growing energy needs requires the pursuit of innovations and advancements that deliver a better future for all.

About the position

Chevron ENGINE has an exciting opportunity for a Cost Controller to join Wells team and will be based in Chevron's office in Bengaluru.

Chevron ENGINE supports global operations, and work hours are aligned to business needs. Standard working hours are 8:00 AM to 5:00 PM or 1:30 PM to 10:30 PM, Monday to Friday. These may evolve based on operational or business requirements.

Key responsibilities

The Cost Controller will play a key role in establishing and maintaining a robust cost management framework for the organization. This role is responsible for ensuring accurate cost tracking, forecasting, and reporting to drive financial discipline and support informed decision-making across all projects. The position works collaboratively with Project Managers, Finance, Engineering, and Procurement teams to ensure transparency and control over project and operational costs.

Cost Book Development & Maintenance

• Design, implement, and maintain a standardized cost book as the organization's single source of truth for cost data.

• Regularly update and validate cost information to ensure accuracy, completeness, and compliance with company standards.

• Collaborate with cross-functional teams to review and validate cost inputs, assumptions, and methodologies.

Cost Control & Analysis

• Develop and implement cost control processes, reporting frameworks, and performance tracking tools.

• Prepare, monitor, and manage project budgets in alignment with approved estimates and schedules.

• Track and analyse cost performance, identify variances, and recommend corrective actions.

• Ensure proper classification of Capital (CapEx) and Operating (OpEx) expenditures in accordance with corporate guidelines.

Reporting & Insights

• Produce accurate and timely cost reports, forecasts, and variance analyses.

• Present insights and recommendations to Project Managers and leadership to enable proactive decision-making.

• Support management reviews, phase-gate assessments, and governance meetings with relevant cost data and analytics.

Financial Administration

• Review and validate project invoices for accuracy, compliance, and appropriate coding.

• Set up and maintain charge codes and cost structures in SAP or equivalent ERP systems.

• Align cost reporting with enterprise financial and project management systems (e.g., PPM tools).

About you

We know our greatest resource is the ingenuity, creativity and innovation of our people. Applications from motivated, talented individuals with a keen interest in the energy industry are encouraged.

To be considered for this role, applicants should have:

• Bachelor's degree in Finance, Business, or a related field.

• 10 years of experience in cost control, financial analysis, or project controls (oil & gas or capital project experience preferred).

• Proficiency in Microsoft Excel, Power BI, and the Microsoft Office Suite; experience with SAP or similar ERP systems is highly desirable.

• Strong understanding of cost estimation, budgeting, forecasting, and variance analysis.

• Familiarity with project management tools and methodologies (MS Project experience is an advantage).

• Excellent communication, organization, and critical thinking skills.

Expectations & Competencies

• Develop and uphold cost control standards, templates, and best practices.

• Exhibit strong analytical and problem-solving skills to interpret complex cost data and identify financial risks.

• Demonstrate excellent attention to detail and a high level of accuracy in all reporting activities.

• Collaborate effectively across multidisciplinary teams and communicate insights clearly to stakeholders.

What we can offer you

Everything we do at Chevron is guided by our values and our commitment to The Chevron Way. 

Have the opportunity to take part in world-leading energy projects, advance your professional development and expand your career within an inclusive and collaborative workplace.

• Join a workplace where innovation, collaboration and safety are at the core of how we work.

• Work in thoughtfully designed environments that support focus, well-being, and innovation enhanced by digital tools that enable seamless collaboration.

• Grow through structured learning, mentorship, and opportunities to contribute to impactful projects that align with Chevron's values and business priorities.

• Access comprehensive benefits that support your health, well-being, and work-life balance.

• Engage with emerging technologies and digital solutions that are shaping the future of energy and enterprise.

How to apply

To be a part of our success, click APPLY to submit your application.
 

Chevron regrets that it is unable to sponsor employment Visas or consider individuals on time-limited Visa status for this position. 

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Terms of Use

"ENGINE" refers to the Chevron Engineering and Innovation Excellence Center, which operates under Chevron Global Technology and Services Private Limited, an affiliate of Chevron Corporation. References to ENGINE in this document are for convenience only and do not denote a separate legal entity.

This job advertisement is intended to provide a general overview of the role and workplace environment. Role details and outcomes may vary based on business needs and individual performance.

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