COST ENGINEER

Woodward

5 - 7 years

7 - 9 Lacs

pune

Posted:5 hours ago| Platform:

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Skills Required

data analysis costing excel financial analysis project management analytical project planning market data variance analysis cost

Work Mode

Work from Office

Job Type

Full Time

Job Description

Key Responsibilities:

Cost Estimation: Develop and maintain accurate cost estimates for projects by analyzing technical specifications and market data.
Budget Management: Monitor project budgets, track expenditures, and report variances to ensure financial objectives are met.
Data Analysis: Analyze cost related data to identify trends, perform variance analysis, and support decision-making processes.
Cross Functional Collaboration: Work with engineering, procurement, and project management teams to integrate cost considerations into project planning and execution.
Best Practices Implementation: Apply industry best practices in cost engineering to optimize project costs and enhance efficiency.

Key Skills:

Cost Estimation: Expertise in developing and refining accurate cost estimates for projects using industry standard methodologies.
Budget Management: Proficient in creating and overseeing project budgets to ensure financial objectives are achieved.
Financial Analysis: Skilled in analyzing financial data to support decision-making and implement cost control measures.
Project Coordination: Ability to organize and manage project activities from initiation through completion, ensuring timely delivery.
Data Analysis: Competent in interpreting complex data sets to identify trends, cost saving opportunities, and optimize expenditures.
Technical Knowledge: In-depth understanding of engineering principles and cost engineering methodologies relevant to project requirements.
Problem Solving: Strong capability to address and resolve complex cost related issues through analytical and innovative approaches.
Effective Communication: Excellent verbal and written skills for conveying cost information clearly and building consensus among stakeholders.
Attention to Detail: High level of accuracy in preparing and reviewing cost reports, financial documents, and project estimates.
Software Proficiency: Experienced in using cost engineering software and tools such as Microsoft Excel, Primavera, and other relevant applications.

Other Qualifications:

Familiar with Apriori should costing and manufacturing background

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