Deputy Cost Controller

Jacobs

Pune/Pimpri-Chinchwad Area4h agovia LinkedIn

About the Role

At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good.

Key Responsibilities

  • Familiarization with the process of project control procedures
  • Understanding Contract vis-à-vis project scope of work
  • Developing Cost WBS structure and control budget for the project based on the approved estimate.
  • Proactively monitor and communicate budget, actual status, and forecast costs/labor hours for projects monthly.
  • Consolidate performance data to support performance measurement, data analysis, and cost forecasting.
  • Assist in the development of project work plans and schedules.
  • Create client and internal status reports that effectively communicate schedule status and identify critical path.
  • Provide technical guidance to other project controls staff in project financial status.
  • Ensuring all financials are in order, preparing spreadsheets and a wide variety of routine cost analyses, cash flow, and other cost related evaluations.
  • Set-up, monitor & report earned value progress measurement systems for projects, including analysis based on input from project leads.
  • Identify business acumen by identifying for us potential project problems early, report issues and problems to operations leadership, and work with project teams to address and implement recovery plans.
  • Review of expenditure details, identifying incorrect charges, and commencement of the charge correction process will ensure our financials are accurate.
  • To review, process, and track sub consultant invoices on various projects.
  • Prepare and update project schedules and cost/resource loading them.
  • Identify and drive optimizations in planning and execution of projects.
  • Advise Project Controls Lead and Project Leadership Team of any potential schedule issues and when necessary, provide guidance on corrective action and measures to mitigate any adverse trends.
  • Develop and review schedule corrective actions and recovery plans and verify needed actions plans are implemented.
  • Review project changes to evaluate detail schedule impact; responsible for quantifying and incorporating the effect and impact of approved changes in the overall schedule stewardship and reporting.
  • Monitor and report on schedule implications of changes.
  • Support project team with ongoing project progress measurement and schedule analysis, reporting, and forecasting activities.
  • Develop change management and maintaining change log.
  • Support in monitoring of cost developments of engineering/vendors/contractors and develop the cost reports.
  • Look for ways to reduce project costs and for ways to improve our work processes.
  • Perform price estimation and price budgeting from contract commitment to fit the baseline program.
  • Provide planning / scheduling, and cost controlling mechanism for all projects which includes variation reporting, monitoring of milestone progress to the preparation of customer billing processes, etc.
  • Ensure effective project implementation and utilize productive reports from the creation of WBS with the use of project management system to monitor the status of the project.
  • Perform project costing related reporting to the team and management’s review monthly to ensure that expenditures are kept within the project budget.
  • Performing and/or managing the analysis of cost and risks for projects with a focus on support of project management.
  • Accountable for investment of project cost, and schedule and reports to the Project Manager of one or more projects during the planning and execution phase.

Requirements & Tech Stack

  • Knowledge in cost control tools and technics to drive /contribute project financial health.
  • Knowledge in Estimation, Project / Cost Controlling, Project Tracking, Project Scheduling.

Qualifications

  • Graduate / Advanced degree in Engineering or other technical disciplines.
  • Experience in the infrastructure sector or in construction industry is highly preferable.
  • Exposure in site engineering, project management, project planning, project costing, project scheduling, coordination, procurement and construction workflows.
  • Demonstrate comprehensive understanding of interdependency of underlying cost and schedule drivers.
  • Demonstrate excellent understanding of the entire system of the business, relationship between productivity vs profitability.

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