Cost Control

Larsen & Toubro
Department Icon Operations Maintenance & Support
85+ Applicants
Posted: 1 year ago
5-10 years
Barasat-I, West Bengal, India
Work from Office
Posted: 1 year ago
|
Applicants: 85+
Job Description
About Company
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Job Description

Scope Of Work* Primary Shared Across Functionally
  • Provide leadership to the team of Planner and Cost Controller
  • Provide direction to planners and Cost controllers in developing, setting up, monitoring and controlling of project schedules, plan costs
  • Quantities and smooth cash flow management
  • Preparation and update of Project Controls sections of the Project Execution Plan, including WBS, CBS, Progress measurement procedure and Reporting procedure
  • Monitor and analyze progress to give early warning signals for delays. Also suggest remedial actions for the same.
  • To act as interface with Project Engineering Manager, Finance & account, functional managers and other stakeholders including customer while preparing project budget and cost analysis and report on timely and accurate forecast of project cost and schedule on a monthly basis, raising alarms and maintain healthy cash flow
  • Continuous coordination of cross function activities on planning, monitoring and controlling of project activities right from proposal to
  • commissioning phase of project
  • Support Project Engineering Manager in the development and delivery of written/oral presentations to the Management and Customer and preparation of progress report
  • Active participation in rollout of the project control system development, maintenance and updating, including initial configuration and awareness to all the stakeholders
  • To play a role of key support person to the Project Engineering Manager on major and minor issues such as change management, risk identification and mitigation.
  • Providing leadership in the selection, appraisal coaching, mentoring, training and developing project controls personnel
  • To support on Forex / Commodity hedging actions
  • Give input related to Risk for to the Risk Coordinator
    Free Workshop
Relationships Management* Internal External
Employees, Project Control Managers, Engineers, All Discipline Managers, Project Manager, Project Director, Country Head Site coordination, Customer, Sub Contractors, Vendors and Government agencies
Key Result Areas*
  • Planning & Scheduling
  • Cost Monitoring and Control
  • Quantity Control
  • Project Budgeting
  • Working Capital Management
  • Cash Flow Management
  • Risk Identification, assessment and mitigation (with respect to time and cost)
Key Competencies
Behavioral Need to Have Nice to Have
  • Highly motivated with an innovative and analytical mind.
  • Delegating Responsibility
  • Coaching

    Looking to get Placed? Try our Placement Guarantee Plan

  • Facilitating Change
  • Gaining Commitment
  • Applied Learning
  • Demonstrates ability to work and lead a team.
  • Excellent Interpersonal Skills
  • Excellent negotiation skills and persuasiveness
  • Good analytical skill
  • Should be fluent in English
Technical Need to Have Nice to Have
  • Experience of planning in Middle/ Large sized projects from concept to commissioning
  • Hands-on Experience of Primavera, SAP, Pro-eTrack - Document Management System
  • Knowledge of Financial management with good understanding of Taxes and other duties
  • Hands on experience with SAP and/ or any cost booking/ management interface
  • Good understanding of controllable cost drivers in the EPC context

Skills

Cost AnalysisReporting

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About Company

Larsen & Toubro (L&T) is an Indian multinational conglomerate company with interests in engineering, construction, manufacturing, technology, and financial services. It is one of the largest companies in India.

Important dates & deadlines?

Application Deadline

19 Dec 24, 01:04 PM IST

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Cost Control

Larsen & Toubro

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