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

Resonia, formerly Sterlite Power, is a leading private sector power transmission infrastructure developer and solutions provider with a robust portfolio of 30 completed & flipped and under-construction projects, we’re building approximately 14,602 circuit Kms of transmission lines across India and Brazil. We believe that electricity access transforms societies and delivers long-lasting social impact.Resonia Limited 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:

• Integrity & Ethics
• Respect  
• Innovation
• Speed

We leverage innovative global technologies like helicranes and drones to enhance project completion, minimize environmental impact, and improve accuracy. Our strong local presence, deep understanding of regulations, agile execution, and collaborative partnerships with leading EPCs ensure project success, often ahead of schedule.Resonia’s commitment to strong liquidity discipline and innovative project financing empowers our teams to deliver on our promises to the market, government, and all stakeholders. 

We are dedicated to powering progress, ahead of schedule. For more details, visit: www.resonia.com