FP&A Senior Cost Management Specialist

Greetings from Peoplefy !!! We are hiring for one of our reputed MNC Client based out of pune location JD for the role : Monthly Value of Work Done (VOWD) Preparation: Support Budget Responsible Officers (BROs) in preparing monthly VOWD for project and cost centre scopes, continuously improving the process and supporting its application within the Cost Management Tool (CMT). • AFE Management: Lead the creation, documentation, validation, and approval of AFEs as required by asset-specific joint operating agreements and communicate cost objects to the organization following AFE approval. • Purchase Order Monitoring: Monitor POs associated with project scopes and provide support to BROs. • Invoice Resolution: Support BROs with invoice resolution through collaboration with SAP specialists. • SES Management: Provide guidance on SES release, assist with vendor payment requests, and manage SES reversals. • Super-User Support: Provide Super-User support for CMT, maintaining master data and cost data mapping. • Performance management and reporting • Planning and Forecasting: Collaborate with BROs to develop plans, budgets, and forecasts, ensuring the inclusion of third-party costs, labor, overhead, and allocation data into relevant planning and cost management systems to eliminate data gaps and ensure data quality. • Cost Performance Analysis: Utilize technology to develop monthly cost performance analyses (e.g., monthly & quarterly run-rates, cost-reducing initiative delivery, actuals/accrual variance to plan, year-on-year costs) and generate action plans to improve performance. • Variance Commentary: Prepare monthly variance commentary of actuals against QPF, ensuring accurate financial reporting. If interested , kindly share your CV on deeksha.ka@peoplefy.com