Senior Cost Manager

13 - 16 years

8 - 18 Lacs

Mumbai

Posted:2 days ago| Platform: Naukri logo

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Skills Required

cost management cost management strategies forecast processes cost coding structures Cost Accounting Software

Work Mode

Hybrid

Job Type

Full Time

Job Description

Your day at NTT DATA The Senior Construction Cost Manager is responsible for creating controls necessary to lead and administer the complete construction cost control systems. This will include how the company tracks budgets, commitments, expenditures, and forecasts that will ultimately be used to demonstrate competitive project delivery and establish strong benchmarks. This position will support all the data center projects across NTT GCD India. What you'll be doing Key Responsibilities Develop control systems that will drive consistent, reliable, and accurate assessment of the financial position for all construction projects. This may include, but not limited to, early phase project budgeting, development of project cost program, cost report functionality, detailed forecasting methods, evaluation of cost changes, procedures for reviewing application for payments, and overall compliance to company financial requirements. Analyzing and formulating meaningful information from large data sets using excel and other Microsoft products Produce Executive level/ Management level reports necessary to share accurate financial position. Manage the cost coding system within the construction team and integrate within financial systems. Develop and implement key performance indicators to demonstrate current state project performance and detect potential issues. Partner closely with NTT GDC design, engineering, and project management to plan the project and maintain control through the project life cycle. Work closely with NTT GDC suppliers to meet financial reporting requirements (commits, spends, and forecasts). Develop program of internal and external benchmarks to enable project decision making. Proactively manage budgets and potential impact to budgets. Includes development of budgets pre-design and maintaining those budgets through the project life cycle. Identify project risks and opportunities and the potential financial impact that should be forecasted. Manage project cost reports according to company requirements and provide regular updates on financial positions. Manage detailed forecasting process and analyze data to support cash flow forecasting. Evaluate supplier invoices and ensure proper payment methods are carried out on the project. Expert managing complex and detailed spreadsheets to analyze data, identify trades, and enable decision making. Ensure disciplined change management is implemented across the project. Will require cost analysis and potential auditing when variances arise. KNOWLEDGE, SKILLS & ABILITIES Must possess a clear understanding of the full construction life cycle with substantial project experience in India. Proven capability to manage cost control systems on complex projects from pre-design through closeout. Strong analytical, problem-solving skills beyond estimating practice. Capability to multi-task in a fast paced environment. Ability to clearly set and lead meetings to develop strong project control systems. Ability to be highly confidential. Proficient with computers to include the utilization of Microsoft Office programs with very strong capabilities in Excel. Ability to work in a team environment. Manages stress and/or fast pace effectively. Excellent analytical, creative thinking, written and verbal communication skills. EDUCATION & EXPERIENCE Bachelors Degree in Finance, Accounting, Construction Management, or related field or equivalent education and/or relevant experience. 13+ years experience with construction cost management responsibilities that may include preconstruction planning, cost management strategies, cost coding structures, commits/spends/forecast processes, reviewing contractors cost proposals for major engineering and construction projects. Experience with Construction Cost Accounting Software. PHYSICAL REQUIREMENTS Primarily sitting with some walking, standing, and bending. Able to hear and speak into a telephone. Close visual work on a computer terminal. Dexterity of hands and fingers to operate any required computer keyboard, mouse, and other technical instruments. WORK CONDITIONS Extensive daily usage of workstation or computer, thus must have high speed internet. This role is expected to be based out of India and work from an NTT GDC Office with hybrid remote working arrangement. Ability to travel up to 25%. Workplace type : Hybrid Working

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NTT DATA, Inc.
NTT DATA, Inc.

IT Services and IT Consulting

Tokyo Plano

10001 Employees

1441 Jobs

    Key People

  • Denise S. Kinsley

    CEO
  • Ryuhei Sakamoto

    President and CEO of NTT DATA Corporation

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