Verified Job
Sales
Lead Cost Controller
Sales
#759742
Remote / WFH
Tata Projects
Job Description
Job DetailsAbout CompanyReviewsBenefitsSalaries
Job highlights
Postgraduate or Bachelor's in Engineering/Construction Management with 5+ years in EPC project controls
Prepare and monitor project budgets, conduct variance analysis, forecast costs, manage billing, and coordinate with stakeholders using ERP systems
12 - 15 Years
1 Vacancy
Not disclosed
Ahmedabad
Must have key skills
Cost Controller
Job description
What you’ll do
Urgent Opportunity for the role of Lead Cost Controller Aurangabad site
Position Summary
To monitor, control, and optimize project costs throughout the project lifecycle by ensuring accurate budgeting, forecasting, reporting, and variance analysis while supporting project delivery within approved financial limits.
Key Responsibilities
1. Project Cost Planning & Budgeting
Prepare detailed project budgets and cost baselines in coordination with project teams. Develop Work Breakdown Structure (WBS) and allocate costs accordingly. Assist in cost estimation inputs during tendering and project initiation phases.
2. Monitoring Cost & Control
Track actual project costs vs budget on a monthly/quarterly basis. Identify cost deviations and highlight cost overruns or savings opportunities. Ensure strict adherence to approved budget limits
3. Variance Analysis
Conduct budget vs actual variance analysis. Analyze key cost drivers like: Materials, Labor, Equipment, Subcontracting. Recommend corrective actions for adverse variances.
4. Forecasting & Cash Flow Management
Prepare cost forecasts and update Cost to Completion (CTC). Develop and monitor cash flow projections. Track project financial performance trends.
5. Cost Reporting
Generate periodic cost reports such as: Cost Performance Reports (CPR), MIS reports, Monthly cost dashboards. Present insights to project managers and senior management.
6. Contract & Billing Control
Monitor vendor/subcontractor billing and payments. Verify invoices against work progress and contract terms. Support in client billing/certification processes.
7. Change & Risk Management
Evaluate change orders / variation orders and their financial impact. Track and manage claims, risks, and contingencies. Ensure proper documentation and approvals.
8. Coordination & Stakeholder Management
Work closely with: Project Managers, Planning Engineers, Procurement teams, Finance teams. Provide financial insights for decision-making.
9. Systems & Compliance
Use ERP systems (e.g., SAP and internal Tools/systems) for cost tracking. Ensure compliance with: Company financial policies, Audit requirements, Cost control procedures
Education:
Postgraduate or masters degree in construction / project management OR Bachelor's degree in Engineering, Construction Management.
5+ years of experience in managing EPC projects specifically in the domain of project controls
Industry type
Engineering & Construction
Department
Construction & Site Engineering
Role
Project Engineer
Role category
Construction Engineering
Employment type
Full Time, Permanent
Education
B.Tech / B.E. in Civil, Diploma in Civil Engineering
Job highlights
Postgraduate or Bachelor's in Engineering/Construction Management with 5+ years in EPC project controls
Prepare and monitor project budgets, conduct variance analysis, forecast costs, manage billing, and coordinate with stakeholders using ERP systems
12 - 15 Years
1 Vacancy
Not disclosed
Ahmedabad
Must have key skills
Cost Controller
Job description
What you’ll do
Urgent Opportunity for the role of Lead Cost Controller Aurangabad site
Position Summary
To monitor, control, and optimize project costs throughout the project lifecycle by ensuring accurate budgeting, forecasting, reporting, and variance analysis while supporting project delivery within approved financial limits.
Key Responsibilities
1. Project Cost Planning & Budgeting
Prepare detailed project budgets and cost baselines in coordination with project teams. Develop Work Breakdown Structure (WBS) and allocate costs accordingly. Assist in cost estimation inputs during tendering and project initiation phases.
2. Monitoring Cost & Control
Track actual project costs vs budget on a monthly/quarterly basis. Identify cost deviations and highlight cost overruns or savings opportunities. Ensure strict adherence to approved budget limits
3. Variance Analysis
Conduct budget vs actual variance analysis. Analyze key cost drivers like: Materials, Labor, Equipment, Subcontracting. Recommend corrective actions for adverse variances.
4. Forecasting & Cash Flow Management
Prepare cost forecasts and update Cost to Completion (CTC). Develop and monitor cash flow projections. Track project financial performance trends.
5. Cost Reporting
Generate periodic cost reports such as: Cost Performance Reports (CPR), MIS reports, Monthly cost dashboards. Present insights to project managers and senior management.
6. Contract & Billing Control
Monitor vendor/subcontractor billing and payments. Verify invoices against work progress and contract terms. Support in client billing/certification processes.
7. Change & Risk Management
Evaluate change orders / variation orders and their financial impact. Track and manage claims, risks, and contingencies. Ensure proper documentation and approvals.
8. Coordination & Stakeholder Management
Work closely with: Project Managers, Planning Engineers, Procurement teams, Finance teams. Provide financial insights for decision-making.
9. Systems & Compliance
Use ERP systems (e.g., SAP and internal Tools/systems) for cost tracking. Ensure compliance with: Company financial policies, Audit requirements, Cost control procedures
Education:
Postgraduate or masters degree in construction / project management OR Bachelor's degree in Engineering, Construction Management.
5+ years of experience in managing EPC projects specifically in the domain of project controls
Industry type
Engineering & Construction
Department
Construction & Site Engineering
Role
Project Engineer
Role category
Construction Engineering
Employment type
Full Time, Permanent
Education
B.Tech / B.E. in Civil, Diploma in Civil Engineering
