Cost Controller

Novonesis; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Novonesis is seeking a Cost Controller to serve as the financial and operational backbone for project teams in Mumbai. You will ensure timely cost information, support delivery, and drive forecasting accuracy through ETC/EAC processes.

Ideal candidates have a finance/engineering background, 3-5 years in project controlling, and strong Excel and ERP experience. You will collaborate across procurement, finance, and operations to safeguard project value and enable informed investment decisions.

Qualifications

• Bachelor's degree in Finance, Business Administration, Engineering, or related field.
• 3-5 years of experience in project controlling, cost engineering, project finance, or related disciplines.
• Experience working with ERP systems.
• Advanced Excel skills and experience with business intelligence or reporting tools.
• Strong financial analysis, forecasting, and reporting capabilities.

Responsibilities

• Develop cost estimates, cost breakdown structures, and budget baselines during project planning phases.
• Manage month-end activities including accruals, internal hour postings, reconciliations, and financial reporting.
• Drive ETC (Estimate to Complete) and EAC (Estimate at Completion) forecasting processes and perform variance analysis together with Project Managers and work package owners.
• Monitor open commitments, contingency utilization, and the financial impact of project risks and changes.
• Support purchase order management, invoice handling, and change register administration on behalf of the Project Manager.
• Prepare monthly cost reports and support project closure activities, including asset creation and project financial closeout.

Skills

Financial analysis

Forecasting

Communication

Stakeholder management

Problem-solving

Collaboration

Excel

BI tools

Education

Bachelor's degree in Finance/Business Administration/Engineering

Tools

ERP systems

Excel

BI tools

Job description

Interested in a career that matters?Interested in a career that matters?Do you thrive on turning complex project data into clear financial insights that drive better decisions? As a Cost Controller, you will be a key partner in ensuring project financial performance, providing transparency, forecasting accuracy, and actionable insights throughout the project lifecycle.Working closely with Project Managers and cross-functional stakeholders, you will help safeguard project outcomes by identifying risks early, challenging assumptions, and ensuring financial discipline from project initiation through closure. Your contribution will enable informed decision-making and support successful investment execution.The Role & Your ImpactAs a Cost Controller, you will act as the financial and operational backbone of project teams, ensuring timely and accurate cost information is available to support project delivery. This role combines financial control, forecasting, stakeholder management, and project support within a dynamic project environment.Key ResponsibilitiesDevelop cost estimates, cost breakdown structures, and budget baselines during project planning phases.Manage month-end activities including accruals, internal hour postings, reconciliations, and financial reporting.Drive ETC (Estimate to Complete) and EAC (Estimate at Completion) forecasting processes and perform variance analysis together with Project Managers and work package owners.Monitor open commitments, contingency utilization, and the financial impact of project risks and changes.Support purchase order management, invoice handling, and change register administration on behalf of the Project Manager.Prepare monthly cost reports and support project closure activities, including asset creation and project financial closeout.What You'll Need to Be SuccessfulRequired QualificationsBachelor's degree in Finance, Business Administration, Engineering, or a related field.3-5 years of experience in project controlling, cost engineering, project finance, or related disciplines.Experience working with ERP systems.Advanced Excel skills and experience with business intelligence or reporting tools.Strong financial analysis, forecasting, and reporting capabilities.Essential CompetenciesHighly structured and deadline-oriented working style.Strong analytical and problem-solving skills.Ability to communicate financial information clearly and effectively.Confidence to challenge assumptions and constructively influence stakeholders.Strong collaboration and stakeholder management capabilities.Additional Skills & Interests We ValueExperience supporting large capital investment projects.Knowledge of project management methodologies and controls.Experience in procurement processes and contract-related financial management.Understanding of asset capitalization processes.Continuous improvement mindset and interest in process optimization.What We OfferThe opportunity to work on strategic investment projects with significant business impact.Exposure to a broad network of stakeholders across project, procurement, finance, and operational teams.A collaborative and supportive environment that values expertise and partnership.Professional development opportunities within a global organization.A culture focused on accountability, continuous learning, and delivering sustainable value.Ways of working:Job Location – Novonesis Plant, Patalganga MIDC (Near Panvel, Navi Mumbai)Transport - Available from Kharghar Station and Panvel Station.Work: - 5 days from officeApplication deadline: - 19th October 2026Our purpose guides the wayIn Novonesis, we know that solutions rooted in biology can help solve humanity’s biggest challenges. Since we began more than a century ago, this has been our guide. It’s how we've gotten so far. And it’s how we'll impact the future. Now, more than ever, the world needs change. And with biosolutions, the possibilities for transformation are endless. If our purpose resonates with you, we encourage you to apply.Opportunities for everyoneWe are committed to an inclusive recruitment process and equal opportunity for all applicants. Therefore we ask you to apply without a cover letter or photo and instead include a few sentences in your CV explaining your motivation for applying.We make all employment decisions based on business needs and welcome candidates with a wide range of backgrounds, including ethnicity, religion, gender, sexual orientation, age, disability, or veteran status.Explore other openingsIf this position isn’t the right fit, you may still find other opportunities with us. You’re welcome to explore open roles or create a job agent to stay connected with future opportunities at novonesis.com/Career