Engineer – Cost Control

Job title: Engineer – Cost Control

Company: Technip Energies


Job description: Job Description:About Technip EnergiesAt Technip Energies, we believe in a better tomorrow and we believe we can make tomorrow better. With approximately 15,000 talented women and men, we are a global and leading engineering and technology company, with a clear vision to accelerate the energy transition. Designing and delivering added value energy solutions is what we do.We are looking for Engineer – Cost Control for implementing Cost Control Tools and handling Project cost control Activities, to join our team based in Ahmedabad, IndiaAbout the JobResponsibilities

• Setting up cost control Procedures.
• Setting up Budgets & implementation of Cost Control Tools.
• Estimation of Total Forecasts and Expected Outcomes.
• Commitment Control: Analysis of differences between budget, forecast and the commitments of each project in terms of cost, while paying particular attention to any drift in the budget. Issuing early warning signals to all Stake holders on budgetary drift.
• Assisting Project Managers in Optimizing and improving budgeted projects.
• Generation of monthly internal / external status reports (PMR)
• Development of Cash flows and providing the Accounting department with necessary information for invoicing and accounting.
• Development of statistical and close-out reports, with a view towards improving feedback data and Estimation tools on the future contracts / proposals.
• Act as a project point of contact for internal and external audits of all cost control functions by providing full assistance to the auditors.
• Establishes and manages the risk organization for the project.
• Defines and manages the preparation and issuance of all required risk procedures and ensures their due application by all parties throughout the duration of the project. This includes coordinating, training the tools and procedures.
• Identifies risk across all areas of the project through organization of regular risk assessment sessions with various areas, functional managers and groups.
• Ensures that appropriate mitigation actions are agreed and are being implemented. This includes ensuring ownership of all significant risks.
• Works with risk owners to put in place documentation for all controls and risk mitigation plans against ‘very high’ risks.
• Implements plans within his / her authority to address project issues and opportunities. When the required action is outside its authority, recommends action to project manager.
• Provides analysis of data related to risks, forecasts and variances to the project plan.
• Ensures risk activities (assessments and mitigation actions) are being carried out to project standards.
• Ensures appropriate reporting within the project as well as to the client using the reporting tool. Participates in all project meetings related to project status, progress, scope, cost and schedule.
• Prepare and maintain Risk Deliverables such as SRA, QRA, CSA etc.

About You:We’d love to hear from you if your profile meets the following essential requirements:BE with 5-10 Years (Relevant Experience)Inclusion StandardsIn our continuous journey to developing and building culture of inclusion, we adhere to four Inclusion Gold Standards. And you?– We challenge our biases and embrace diversity of thought;– No one has all the knowledge and solutions, collectively we do ;– We foster a caring environment where people are respected, comfortable to share and be heard ;– We promote active listening for effective decision and action.What’s Next?Starting Date:Once receiving your system application, Recruiting Team will screen and match your skills, experience, and potential team fit against the role requirements. We ask for your patience as the team completes the volume of applications with reasonable timeframe. Check your application progress periodically via personal account from created candidate profile during your application.We invite you to get to know more about our company by visiting and follow us on , , , , for company updates.#LI-MR1

Expected salary:

Location: India

Job date: Sat, 07 Sep 2024 23:27:28 GMT

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