Engineer Cost Control (Planning) (5 Days office role)

alfanar; Gurugram District; On-site; INR 900,000 - 1,500,000; Full time

Job summary

alfanar in Gurugram, Haryana, India, is seeking a cost control professional to manage project cost structures, forecasts, and dashboards. You will coordinate with Finance to verify estimates, prepare detailed project cost to complete, and implement strategies to maximize profitability across multiple projects.

The role emphasizes SAP-based tender budgeting, budget reconciliation, and proactive risk identification to prevent overruns, with regular updates to stakeholders on cost performance.

Qualifications

• Experience in cost control and budgeting for large projects.
• Ability to forecast cash flows and prepare reports.
• Proficiency with SAP for cost structures and budgeting.

Responsibilities

• Ensure Complying policies, guidelines to establish appropriate Cost control practices for the company.
• Create and maintain updated detail Project Cash flows and forecasting reports based on trend analysis through the life cycle of the project.
• Create Project Cost structures/ breakdowns (Tender budget) on SAP for ensuring the implementation of Cost control procedure.
• Reconcile and analyze the project budget revisions with Finance, providing verification of estimates (Actual Cost, Plan POC, Actual POC).
• Analyzing project requirements and preparing the detailed Estimate to Complete.
• Monitoring and tracking project costs to ensure they align with the budget.
• Identifying and reporting potential cost overruns in a timely manner and using forecasting tools to anticipate future expenditures.
• Developing and implementing cost saving strategies to maximize project profitability.
• Analyze project cost reports and establish reporting frequency to stakeholders based on deliverable criticality (daily/weekly/monthly).
• Co-ordination with other department for accuracy/Development of Dashboard reports.
• Analyze project cost and establish reporting frequency on a project based on criticality of the deliverables.

Skills

Cost control

Forecasting

Budgeting

Project finance

Tools

SAP

Job description

Role & responsibilities

.. Ensure Complying policies, guidelines to establish appropriate Cost control practices for the company.

.. Create & maintains updated detail Project Cash flows and forecasting reports based on trend analysis throughout the life cycle of the project.

... Create Project Cost structures/ breakdowns (Tender budget) on SAP for ensuring the implementation of Cost

control procedure.

.. Reconciliate/ Analyze the project budget revisions closely with Finance department, increasingly in a consultancy role for verification of estimates (Actual Cost, Plan POC, Actual POC etc.)

.. Analyzing Project requirements and preparing the detailed Estimate to Complete .

... Monitoring & Tracking project costs to ensure they align with the budget.

... Identifying and reporting potential cost overruns in a timely manner and using forecasting tools to anticipate

future expenditures.

.. Developing and implementing cost saving strategies to maximize project profitability

.. Analyze project cost reports & establish reporting frequency on project-to-project stakeholders based on criticality of deliverables on daily/ weekly/ monthly basis

.. Co-ordination with other department for accuracy/Development of Dashboard reports

.. Analyze Project cost & establish reporting frequency on a project based on criticality of the deliverables.