Deputy Cost Controller

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Overview

The incumbent will be responsible for controlling the project costs; This includes planning, developing, controlling, and forecasting the project’s budget. He / She will aim to minimize the deviation from the budget and ensure that the project is completed within the approved budget. Primary location will be in any of the Jacobs offices (Gurgaon, Mumbai, Kolkata, Hyderabad, Bengaluru) in India

Minimum Work Experience Required

Minimum of 2 years post qualification experience (PQE) in relevant sectors

Soft Skills

Good team player with excellent communication and interpersonal skillsAbility to communicate effectively (written and verbal) with project stakeholdersAbility to prioritize and organize assigned tasks in a timely manner.Ability to follow company procedures and work independently without guidanceProactive and analytic, becoming an integrated part of the team, despite remote engagement

Key Relationship and Reporting

The incumbent will have relationships with one or more of the followingProject Managers, Senior Project Managers, Manager of ProjectsProject Controllers, Project Accountants, Commercial Analysts, Procurement

Software Skills

Mastery in MS Excel and strong skillset in other MS Office software (Word, PowerPoint, SharePoint, Outlook)Proficiency in any other cost control toolKnowledge in Planning software like MSP / Primavera, Power BI / Data Visualization software will provide an advantage

Primary Job Functions

Support Senior Cost Controllers to develop Cost WBS structure and control budget for the project based on the approved estimate.Support Senior Cost Controller to the change management as support to the project manager.Support in monitoring of cost developments of engineering/vendors/contractors and develop the cost reports.Analyze the project developments (including technical) and translate these into cost consequences and seek for opportunities to improve these objectives and report to Senior Cost Controllers.Perform price estimation and price budgeting from contract commitment to fit the baseline programProvide planning and cost controlling support for all projects which includes variation reporting, monitoring of milestone progress to the preparation of customer billing processes, etc.Ensure effective project implementation and utilize productive reports from the creation of WBS with the use of project management system to monitor the status of the project.Forecast costs and prepare project cost reports on monthly basis.Perform project costing related reporting to the team and management’s review on a monthly basis to ensure that expenditures are kept within the project budget.Provide cost control and planning advice to the project team as and when required.Keep a complete record of change notices to the project.Manage the financial part of the project, covering cost areas such as Forecasts, Actuals, Bookings and Commitments.Performing and/or managing the analysis of cost and risks for projects with a focus on support of project management.Will be assigned to project teams on request.Accountable for investment project cost, and schedule and reports to the Project Manager of one or more projects during the planning and execution phase.The position controls the entire life cycle of any investment projectHere's what you'll needGraduate / Advanced degree in Engineering or other technical disciplinesExperience in infrastructure sector or in construction industry is highly preferable, with exposure in site engineering, project management, coordination, procurement and construction workflows.Knowledge in cost control tools and technics to drive /contribute project financial health, knowledge in Estimation, Project / Cost Controlling, Project Tracking, Project SchedulingDemonstrate comprehensive understanding of interdependency of underlying cost drivers.Demonstrate excellent understanding of the entire system of the business, relationshipbetween productivity vs profitabilityAt Jacobs we value people. Having the right balance of belonging, career and lifestyle enables us to consistently deliver and exceed clients’ expectations.Working alongside industry leaders, you will have the opportunity to develop your career working on key projects in an environment which encourages collaboration, knowledge sharing and innovation. To support your professional growth, Jacobs flexible working arrangements, extended leave options and a host of social, health and wellbeing events and initiatives will underpin our commitment to you.At Jacobs it’s all about what you do, not where you are, which counts!We value collaboration and believe that in-person interactions are crucial for both our culture and client delivery. We empower employees with our hybrid working policy, allowing them to split their work week between Jacobs offices/projects and remote locations enabling them to deliver their best work.Your application experience is important to us, and we’re keen to adapt to make every interaction even better. If you require further support or reasonable adjustments with regards to the recruitment process (for example, you require the application form in a different format), please contact the team via Careers Support.