Cost Engineer/Estimation EngineerConfidential • Gurugram, Gurgaon / Gurugram, India
Cost Engineer / Estimation Engineer
Confidential • Gurugram, Gurgaon / Gurugram, India
19 days ago
Job descriptionMonitor project costs throughout the lifecycle and identify deviations from the budget. Prepare cost variance reports with recommendations for corrective actions to project teams and senior management. Support decision-making by providing timely and accurate cost insights for project optimization. Collaborate with procurement teams in vendor identification, evaluation, and negotiation to ensure cost-effective sourcing consistent with project requirements. Review supplier quotations, contracts, and proposals to validate accuracy and compliance with agreed budgets and specifications. Manage relationships with suppliers and subcontractors to ensure timely delivery and quality assurance. Maintain active presence at project sites for real-time cost tracking, vendor coordination, and resource management. Facilitate effective communication between site teams and head office functions to ensure seamless project execution and cost control. Anticipate and assess potential cost risks and develop mitigation strategies. Ensure compliance with company policies, budgeting procedures, and regulatory frameworks related to project costing and procurement. Strong knowledge of project cost estimation techniques and cost control practices. Proficiency in MS Office (Excel, PowerPoint) and familiarity with ERP or cost management software. Understanding of procurement processes including vendor evaluation, contract negotiation, and purchase order management.
Looking for 5-6 years of experience in cost control, estimation, cost analysis for engineering projects, the company works in Bioenergy sector.
Role Description
1. Cost Estimation & Budgeting
- Develop detailed and comprehensive cost estimates for engineering and construction projects considering materials, labor, equipment, subcontracting, and overheads.
- Prepare and maintain project budgets, forecasts, and financial reports to track expenditures and variances.
- Analyze project design documents, specifications, and scope changes to update cost estimates accurately.
2. Cost Control & Reporting
3. Procurement Support
4. Site and Office Coordination
5. Risk Management & Compliance
Skills & Competencies :
Technical Skills :
Skills Required
Contract Negotiation, Vendor Evaluation, Powerpoint, Excel, Ms Office
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Engineer • Gurugram, Gurgaon / Gurugram, India
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