Manager/Senior Manager Project planning & Cost control

5 - 9 years

0 Lacs

Posted:1 week ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As a Manager/Senior Manager of Project Planning & Cost Control, you will be responsible for overseeing the project planning, monitoring, review, and cost control aspects of large full-scale EPC Power Projects with a focus on the financial and cost side. Your key tasks will include monitoring and updating project costs incurred/committed, estimating future costs, and ensuring that the expected cost of completion aligns with the target cost while protecting margins through periodic reviews. In this role, you will allocate project costs in designated Work Breakdown Structures (WBS) and prepare WBS-wise Cost Reports (Budget vs. Expected) to identify areas of cost overrun and savings, which will be valuable for cost estimations for new projects. Additionally, you will be responsible for preparing the annual project budget and calculating key financial parameters such as Sales, Margin, Invoicing, Collection, Customer Outstanding, and Net Working Capital. Monitoring progress against committed financial parameters and taking proactive actions to ensure quarterly estimates are met will be a crucial part of your responsibilities. You will be required to report month-wise progress of key financial parameters to the Top Management for review and intervention. Coordinating with package area managers, invoicing team, site team, procurement group, and other relevant stakeholders will also be essential to ensure healthy financial progress against commitments to top management. Furthermore, you will be involved in the preparation of Billing Break Up for the Supplies & Services Contracts, seeking approval from the client with necessary amendments. A proactive and problem-solving approach, along with a good knowledge of Oracle EBS, is preferred for this role. This position is based in Gurgaon and offers an opportunity to contribute significantly to the financial success of large-scale power projects.,

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