Sr. Specialist - Cost Control

KBR; Chennai; On-site; INR 1,500,000 - 2,500,000; Full time

Job summary

KBR's Sustainable Technology Solutions (STS) group seeks a Sr. Specialist in Cost Control to support offshore and major oil & gas projects from Chennai. You will monitor cost trends, develop control tools, forecast cash flows, and ensure alignment with contracts across multi-project portfolios.

The role requires 10–15 years of cost control experience, proficiency in SAP PS and Excel, and strong analytical and communication skills to guide teams in a complex, fast-paced environment.

Qualifications

• Bachelor’s degree in Business, Accounting or Finance required.
• 10 to 15 years of project cost controls experience required.
• Experience in utilizing cost systems to manage cost performance across portfolios.

Responsibilities

• Analyze project cost spending trends vs budget and forecast.
• Develop, implement and maintain project cost control tools.
• Prepare project cash flow forecasts with accounting counterparts.
• Manage and validate cost components based on contract terms across projects.
• Implement change management processes and systems with project teams.
• Facilitate cost and performance reviews with teams and clients.

Skills

Cost control

SAP PS

Excel

Budgeting

Education

Bachelor’s Degree in Business/Accounting/Finance

Tools

SAP PS cost

Excel

Job description

Title

Sr. Specialist - Cost Control KBR’s Sustainable Technology Solutions (STS) group is looking for Lead Offshore Structural Designer / Checker to support a Major Offshore Oil & Gas Development Project involving FPSO facilities, jacket platforms, topside modules, living quarters, and fixed offshore installations. The project includes execution of Detailed Engineering phases under complex marine environmental conditions, requiring advanced 3D modelling integration, multidisciplinary coordination, strict offshore compliance standards, and delivery within fast-track schedules across global execution centres. Forecasts, controls, and reports project costs needed within an organization. Develops and provides project variances, trending and analysis of expenditures, and completion reports. Reviews project costs incurred by category, calculates future costs based on labor productivity, material price increases, subcontract, wage rates and risk analysis. Under general supervision, solves complex problems requiring detailed knowledge of field and industry best practices in project controls. Uses experience and problem solving skills to develop and improve processes. Will provide oversight and guidance to less experienced team members.

Responsibilities

• Responsible for the analysis of project cost spending trends vs budget vs forecast.
• Develop, implement and maintain project cost control tools used to track cost, commitments, revenues, forecast, budgets, change management, progress measurement, etc.
• Prepare project cash flow forecasts in coordination with the accounting counterparts.
• Able to manage and validate project cost components based on contract terms that vary between projects.
• Implement effective change management processes, procedures and systems in collaboration with project teams.
• Knowledge of earned value (EV) management principles and methods.
• Implement and maintain an EV process on projects.
• Facilitate project cost and performance reviews with project teams and clients.

Qualifications

• Bachelor’s Degree in related Business, Accounting or Finance degree preferred.
• 10 to 15 years of project cost controls experience required.
• Must be experienced in utilizing cost systems to manage cost performance on a portfolio of several projects concurrently.
• Strong business and analytical acumen.
• Advanced interpersonal and communication skills to achieve results in an interdisciplinary work environment.
• Proficiency in SAP PS cost system preferred.
• Proficient in Excel and other Microsoft office products.
• Knowledge of SAP WBS structures preferred.
• Self starter who can take a leadership role in ensuring that an effective cost controls process is implemented and maintained across a portfolio of projects.
• Knowledge of cost controls related with home office engineering work.
• Knowledge of cost controls related with field maintenance and construction work performed in process plants.

Company Overview

Decarbonization – Energy Transition – Sustainability KBR — Delivering Solutions, Changing the World. KBR brings together the best and brightest to deliver science, technology and engineering solutions that help governments and companies around the world accomplish their most critical missions and objectives. In everything we do, we are guided by our ONE KBR Values: We Value Our People – We create diverse, inclusive environments in which each person can feel safe, respected and valued, and where everyone has opportunities to grow and reach their full potential. We Deliver – We are uncompromising in our commitment to deliver innovative, high-quality, technology-led solutions for our customers and exceptional, sustainable value for all our stakeholders. We Are People of Integrity – We value honesty, trust, courage, fairness, prudence and tenacity. We believe doing what’s right for the planet, the communities where we work, and our people is good for business. We Empower – We empower our people with a shared purpose, the right tools and the supportive culture they need to be proactive decision-makers, to be adaptive to change, and to succeed. We Are a Team of Teams – We have a will to succeed, but we value the achievements of our team of teams over individual accomplishments. Our collective focus makes us a better, stronger, more effective company. We have also embedded environmental, social and governance (ESG) principles in every business operation and corporate function. Not only are we committed to operating safely, sustainably and equitably, but we are also committed to using our capabilities and expertise to help our customers accomplish their sustainability goals. Worldwide, KBR employs a diverse workforce approximately 29,000 people strong, with customers in more than 80 countries and operations in 40 countries. At KBR, We Deliver.