Cost Controller

16 hours ago

Noida, Uttar Pradesh, India Isgec Heavy Engineering Full time ₹ 6,00,000 - ₹ 18,00,000 per year

Preferred candidate profile :

Position Name - Cost Controller

Education B.Tech / B.E. Mechanical

Experience - 5-8 Years

  • Responsible for setting up financial control tools
  • Responsible in co-operation with Project Control Manager and Cost Controllers in other locations coordinating cost control systems and CBS (Cost Brake down Structure) to overall project.
  • Establishes a project baseline budget (Sales price, Cost, Contingencies, Man-hours, Cash flow) in co-operation with Global PC to coordinate the overall project.
  • Sets up cost control system, CBS and other cost controlling tools on a project.
  • Provides reports on sales price, cost, contingencies, cash flows, OEP and FEP in projects (including intercompany reporting) supported by Global PC and project team members.
  • Processes and tracks reviews, approvals and execution of budget changes to baseline and client change requests
  • Communicates with other location CCs to coordinate the overall project
  • Controls that change management process is implemented in the project and analyzes together with project team members overall change impacts to projects financial forecast.
  • Tracks project actuals committed and prepares forecasts and analysis for costs, man-hours and cash flows. Responsible for maintaining data in the systems.
  • Supports PCM to produce timely project monthly/bimonthly/quarterly report(s) regarding financial metrics and comparing it to the project baselines, recognizing deviations, requesting clarifications and fixes with explanations and root causes as necessary for the area of responsibility.
  • Prepares other needed internal finance/cost reports and analysis regarding the project (e.g. Cash flow). Coordinates and communicates those with PCM.
  • Prepares revenue/profit/costs scenario analysis (incl. potential cost savings/overruns scenarios).

Other Requirements

  • Strong communication skills in an international working environment
  • Fluency in English is mandatory
  • Systematic and proactive approach and attention to details
  • Ability to work independently

What We Offer:

  • A supportive and collaborative international team environment.
  • Opportunities to develop your operational skills in a growing company.

The chance to contribute directly to the efficient execution of global key projects

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