Cost Controller

5 - 9 years

0 Lacs

Posted:3 days ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As a Cost Controller, your role will involve driving project teams to ensure effective control over project costs. Utilizing your analytical skills, you will be responsible for using data to forecast project outcomes. Being a clear and influential communicator is crucial for this position, as you will need to work closely with various stakeholders. Key responsibilities include managing project costs using global standard tools and processes, aligning budgeted values with historical performance, and reviewing project schedules and progress to identify cost risks and opportunities. You will also be tasked with analyzing project scope evolution and functional execution to spot potential cost risks and opportunities. In addition, you will provide cost analytics by leveraging project information and analyzing cost and productivity trends. Owning and driving the Budget Deviation Process with relevant tools, you will establish a regular cost operating rhythm to discuss risks and opportunities. Developing cost forecasts based on functional input and analytics will be a significant aspect of your role, along with ensuring accuracy by comparing cost movements with current scope, progress, and previous forecasts. Collaboration with functional cost owners to communicate cost status, forecasts, and risks, as well as supporting risk mitigation efforts, will be essential. You will present financial data transparently during project and management reviews to provide updates on cost status and necessary actions. Furthermore, aligning with the Finance Controller to reconcile approved project financial data with books will be part of your responsibilities. Your work experience in cost controlling will be valuable in this role, as you will be tasked with ensuring adherence to global standard tools and processes, identifying cost risks and opportunities, and providing time-based cost forecasts to support revenue recognition. Your ability to drive cost efficiency and accuracy will contribute to the successful management of project costs.,

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