Chief Manager - Cost Excellence

Position Title

Chief Manager- Cost Excellence

Purpose of Role

Develop adequate procedures and processes for Cost Controls function to maintain efficient operational excellence

Key Accountabilities / Responsibilities

• Review project drawings, specifications, BOQ’s and other contract documents in order to prepare an accurate & comprehensive workable budget & cost control plan.
• Review project schedules in order to prepare an accurate cash flow and cash flow control plan.
• Ensure communicating with projects, procurement, engineering and finance functions during the preparation of detailed budget.
• Monitors regularly, the detailed budget and cash flow with reference to construction progress and forecast schedule.
• Preparing cost trending & forecasting analysis for project cost, cash flow intensity, 3 months rolling cash flow plans and communicating these to all related parties, highlighting concerns and heeds, recommending necessary measures, actions and methods.
• Preparing regularly, monthly reports and reviews of project cost performance, providing all concerned parties with regular feedback and advice.
• Participating in meetings for reviewing project progress and current cost position.
• Support commercial person in preparation & settlement of Extra claims from contractors (Developer works) and to clients (EPC works).
• Work with IT analysts / Systems Manager to drive automation and design new reports / processes that lead to simplification and enhanced business planning.
• Leverages industry best practices and continuous improvements to continually enhance cost management / controls processes.

Critical Success Factors - Essential

Must have a good experience in Cost Control and project control along with Financial Modeliing.

Critical Success Factors - Desirable

B.Tech or MBA Finance.

Competencies

About Us

Sterlite Power is India’s leading integrated power transmission developer and solutions provider, focused on addressing complex challenges in the sector by tackling the key constraints of time, space and capital.

We believe that electricity access transforms societies and delivers long-lasting social impact. Sterlite Power is uniquely positioned to solve the toughest challenges of energy delivery.

We are guided by our core purpose of empowering humanity by addressing the toughest challenges of energy delivery. Our four core values form the pillars of our organization:

• Respect: Every one counts
• Social Impact: We work to improve lives
• Fun: “Thank God it’s Monday!”
• Innovation: A new way today

Sterlite Power is a leading global developer of power transmission infrastructure with projects of over 10,000 circuit km and 15,000 MVA in India and Brazil. With an industry-leading portfolio of power conductors, EHV cables and OPGW, Sterlite Power also offers solutions for upgrading, uprating and strengthening existing networks. The Company has set new benchmarks in the industry by use of cutting-edge technologies and innovative financing.

For more details, visit: www.sterlitepower.com