Lead Cost Control Engineer

AL7932 GE Vernova T&D India Limited; Dadri; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

GE Vernova T&D India Limited is seeking a Lead Project Cost Controller to manage cost-to-complete budgets and ensure profitability on major infrastructure projects in India.

You will validate estimates, monitor cost movements, and drive risk mitigation while coordinating with project teams and Finance to keep forecasts aligned with the schedule. Strong Excel/P6 skills and SAP experience are preferred.

Qualifications

• Degree in engineering with financial awareness or finance background with HV substation scope.
• Minimum 5+ years in cost controls, project controls, or project management on large turnkey infra projects.
• Experience with risk management processes and tools.
• ERP knowledge is an asset, SAP preferred.
• Experience leading small teams within large projects is a plus.
• Project planning experience or P6 planning software understanding is an asset.

Responsibilities

• Maintain project cost-to-complete budgets aligned with as-sold position and progress.
• Support forecast estimation and verify actuals (material, labor, vendors).
• Provide time-phased cost forecasts and present cost status to stakeholders.
• Develop mitigations and catch-up plans with functional leaders and PM.
• Coordinate with finance and planners to ensure reconciliations and schedules align.

Skills

Cost control

Project management

Budget forecasting

Risk analysis

Education

Engineering degree or Finance degree

Tools

SAP

Job description

Job Description Summary

As related customer equipment, faciliaties or infrastructure projects: responsible for project delivery, profit & loss accountability, and customer satisfaction through management of project related activities and resources. Responsible for departmental operations planning/execution or is focused on execution of professional activities within a technical discipline. Functions with some autonomy but guided by established policies or review of end results. The job allows modification of procedures and practices covering work as long as the end results meet standards of acceptability (quality, volume, timeliness etc.).

Lead Project Cost Controller Responsibilities and Accountabilities

Maintains project cost to complete budgets in alignment with as sold position and in coordination with budget holders, consistently with actual progress and trend Supports forecast estimation and verifies the accuracy of the actual to date cost (material, labor, manufactured costs, suppliers’ invoices, timesheets, travel expenses.). Drive and challenge budget at completion, with analysis through various means (earned value, productivity, cost ratio, market trends…). Validates accuracy of estimates Develop mitigations / catch up plans in alignment with functional leaders and Project Manager Aligns with project team and time schedule to ensure forecasted cost risks are accurately captured and costs time phased. Checks and controls cost movements, compares with current scope and progress as well as with previous forecast. Communicates cost status / forecasts /risk to budget holders and drives / supports risk mitigation and cost out. Presents all financial data in a transparent way, attends project and management review to present cost status, budget deviations and root causes. Aligns with Finance Controller to ensure reconciliation takes place between approved project financial data and books. Aligns with planner to ensure costs and schedule are aligned, providing time phased cost forecasts for sales pacing. Reports on cost movement root causes impacting sales targets. Support disputes and analysis of claims.

Qualifications & Experience

Educational/Experience Requirements Degree qualified either in engineering (with financial awareness), or in finance (with good understanding of scope content on HV substations). Minimum 5+ years experience of cost controls / project controls / project management on large & complex or turnkey infrastructure projects. Experience in risk management processes and tools. Knowledge of ERP systems is an asset (SAP preferred). Experience managing small teams within a large project is an asset. Project planning experience / good P6 planning software understanding is an asset.

Additional Information

Relocation Assistance Provided: Yes Addressing the climate crisis is an urgent global priority and we take our responsibility seriously. That is our singular mission at GE Vernova: continuing to electrify the world while simultaneously working to help decarbonize it. If we want our energy future to be different…we must be different. Our mission is embedded in our name. We retain our treasured legacy, “GE,” in our name as an enduring and hard‑earned badge of quality and ingenuity. “Ver” / “verde” signal Earth’s verdant and lush ecosystems. “Nova,” from the Latin “novus,” nods to a new, innovative era of lower carbon energy that GE Vernova will help deliver. Together, we have The Energy to Change the World. www.gevernova.com