Cost Control Manager (Site)

Tata Projects Limited; Sikka; On-site; INR 1,600,000 - 2,300,000; Full time

Job summary

Tata Projects Limited in India is seeking a seasoned Cost Controller/Project Controls professional to lead cost control activities across medium to large-scale EPC projects. You will develop baselines, forecasts, and dashboards, monitor costs vs budgets, and drive corrective actions.

The role requires 10-15 years in cost control within Oil & Gas, EPC, Petrochemical, Energy, or Infrastructure, and a degree in Engineering.

Qualifications

• Bachelor's Degree in Engineering (Mechanical, Civil, Electrical, Chemical, or related discipline).
• 10-15 years of experience in Cost Control, Project Controls, Commercial Projects, or Project Finance within Oil & Gas, EPC, Petrochemical, Energy, Infrastructure, or Industrial Projects.
• Proven experience managing cost control functions for medium to large-scale EPC projects.
• Strong exposure to project budgeting, forecasting, earned value management, and project financial reporting.

Responsibilities

• Lead project cost control activities to ensure projects are delivered within approved budgets and financial targets.
• Develop project cost baselines, cash flow forecasts, and cost tracking systems throughout the project lifecycle.
• Monitor actual costs against budgets, identify variances, and recommend corrective actions to mitigate financial risks.
• Prepare and maintain project cost reports, forecasts, and management dashboards for timely decision-making.
• Coordinate with project, procurement, contracts, and finance teams to ensure accurate cost allocation and reporting.
• Track commitments, accruals, change orders, and project expenditures to maintain cost visibility and control.
• Support project budgeting, estimate reviews, and bid preparation activities from a cost management perspective.
• Perform earned value analysis (EVA) and cost performance assessments to evaluate project health and forecast outcomes.
• Identify potential cost overruns and develop mitigation plans to improve project profitability and financial performance.
• Support contract administration, claims, variations, and change management activities by assessing cost impacts.
• Ensure compliance with company project controls procedures, financial policies, and reporting standards.
• Drive continuous improvement initiatives to enhance cost control processes, systems, and reporting accuracy.

Skills

Cost control leadership

Budgeting

Forecasting

Earned Value Management

Project reporting

Cross-functional collaboration

Education

Bachelor's Degree in Engineering

Job description

Role & responsibilities

• Lead project cost control activities to ensure projects are delivered within approved budgets and financial targets.
• Develop project cost baselines, cash flow forecasts, and cost tracking systems throughout the project lifecycle.
• Monitor actual costs against budgets, identify variances, and recommend corrective actions to mitigate financial risks.
• Prepare and maintain project cost reports, forecasts, and management dashboards for timely decision-making.
• Coordinate with project, procurement, contracts, and finance teams to ensure accurate cost allocation and reporting.
• Track commitments, accruals, change orders, and project expenditures to maintain cost visibility and control.
• Support project budgeting, estimate reviews, and bid preparation activities from a cost management perspective.
• Perform earned value analysis (EVA) and cost performance assessments to evaluate project health and forecast outcomes.
• Identify potential cost overruns and develop mitigation plans to improve project profitability and financial performance.
• Support contract administration, claims, variations, and change management activities by assessing cost impacts.
• Ensure compliance with company project controls procedures, financial policies, and reporting standards.
• Drive continuous improvement initiatives to enhance cost control processes, systems, and reporting accuracy.

Preferred candidate profile

• Bachelor's Degree in Engineering (Mechanical, Civil, Electrical, Chemical, or related discipline).
• 10-15 years of experience in Cost Control, Project Controls, Commercial Projects, or Project Finance within Oil & Gas, EPC, Petrochemical, Energy, Infrastructure, or Industrial Projects.
• Proven experience managing cost control functions for medium to large-scale EPC projects.
• Strong exposure to project budgeting, forecasting, earned value management, and project financial reporting.