Cost Control Engineer jobs in Mumbai - The Best Services

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  • Urgent Requirement in Cost Control Engineer (oil & Gas)

    The Best Services

    1. 6 - 12 yrs
    2. Mumbai NA NA NA
    Rs 10,00,000 to 25,00,000 p.a.

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  • Job View 135 Views
  • Applicants Less than 5 Applicants
  • 2019-09-20

Job Description

To monitor, analyse, control, report Project Expenditures for all ongoing Projects against approved Costs, Budgets and Estimates.

1.Project Cost Control:- Monitor and Control all Project expenditure from Concept to Commissioning Stage Analyse variance in cost and schedule and recommend corrective actions Establish expenditure trends, identify deviations, prepare remedial action reports for all levels of Project Activities Prepare periodic Cost Reports including Actual Costs and Forecast Costs of the Project Verify invoices from Consultants, Contractors, Suppliers and Vendors. Report scope change / change orders.

2.Develop In-house database:- Establish accurate, reliable cost database at activity level, WBS level, cost head level Track consumption of resources / man-hours, to establish cost to productivity.

3.Cost Control Tools:- Operate Cost Control Tools, establish the measuring and reporting metrics Ensure high level of accuracy and reliability in reported data are accurate Be proactive in employing tools to catch trends and deviations.

4. KEY CHALLENGES:-1. Develop cost control tools and techniques 2.Track, Analyse Cost variance against Schedule. 3.Coordinate with internal and external stakeholders for latest status Cost of the Project. 5.INTERACTIONS:A. Internal Interactions: 1.Project Management and Project Controls Team 2.Procurement & Contracts team, Finance Team 3.Construction Team at Site B.External Interactions: 1.Process Licensor(s) / Basic & Extended Basic Engineering Contractors 2.PMC/EPC contractors 3.Engineering Consultants 4.Vendors / Suppliers 6 .DIMENSIONS A. Financial Dimensions: 1. Preparation of costing report

2. Preparing justifications in case of variations 3. Preparation of Costing Trends.

Key Skills

  • Cost Control Engineering


Oil / Gas / Petroleum

Functional Area

Engineering/ Engineering Design / R&D / Quality

Number of Vacancy



B.Tech/B.E, M.Tech

About The Best Services

The placement industry is producing jobs on daily basis. Different organizations and MNCs are uploading the vacancies on several job portals for hiring the righteous talent. On the other hand, there are many job seekers, who are ready to serve and contribute to the betterment of the company. To reduce the gap between them, The Best Services is here. The Best Services is one of the noteworthy names in the placement sector of Gujarat. This placement company is the brainchild of Shri GK Patel. He laid the foundation brick of the company in the year 2014 in Rajkot city. Since inception, Shri GK Patel has been guiding us through the path of success. Presently, we are growing speedily.

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