๐ง๐ต๐ถ๐ ๐ฟ๐ผ๐น๐ฒ ๐ถ๐ ๐ณ๐ผ๐ฟ ๐ผ๐ป๐ฒ ๐ผ๐ณ ๐๐ต๐ฒ ๐ช๐ฒ๐ฒ๐ธ๐ฑ๐ฎ๐'๐ ๐ฐ๐น๐ถ๐ฒ๐ป๐๐
๐ฆ๐ฎ๐น๐ฎ๐ฟ๐ ๐ฟ๐ฎ๐ป๐ด๐ฒ: ๐ฅ๐ ๐ญ๐ฑ๐ฌ๐ฌ๐ฌ๐ฌ๐ฌ - ๐ฅ๐ ๐ญ๐ด๐ฌ๐ฌ๐ฌ๐ฌ๐ฌ (๐ถ๐ฒ ๐๐ก๐ฅ ๐ญ๐ฑ-๐ญ๐ด ๐๐ฃ๐)
Experience: 10+ yrs
Location: Hyderabad, Telangana, India
Job Type: Full-time
We are seeking an experiencedย Cost Control Engineerย to oversee project cost management and financial performance across large-scale HVAC and MEP construction projects. This role is ideal for professionals with strong expertise in budgeting, cost analysis, forecasting, and financial reporting, ensuring projects are delivered within approved budgets while maintaining operational efficiency.
As a Cost Control Engineer, you will work closely with project management, procurement, estimation, and finance teams to monitor project expenditures, identify cost-saving opportunities, and provide accurate financial insights. You will play a critical role in supporting project planning, improving cost control processes, and enabling data-driven decision-making throughout the project lifecycle.
Requirements
Key Responsibilities
- Monitor project budgets, actual expenditures, and cost performance across HVAC and MEP projects.
- Track and control procurement costs, purchase orders, subcontractor expenses, and non-fixed cost items.
- Analyze cost variances, identify financial risks, and recommend corrective actions to maintain budget compliance.
- Prepare weekly, monthly, and project-specific cost reports, dashboards, and financial summaries for stakeholders.
- Collaborate with project managers, procurement, estimation, and finance teams to improve cost efficiency and project profitability.
- Validate invoices, subcontractor billing, purchase orders, and payment requests against approved budgets and contractual requirements.
- Support project forecasting, budgeting, and cash flow planning activities.
- Maintain accurate cost control records, documentation, and financial tracking systems.
- Implement and continuously improve cost control procedures, reporting standards, and best practices.
- Support benchmarking exercises and provide cost insights to improve future project planning and execution.
What Makes You a Great Fit
- 10+ years of experience inย Cost Control, Project Cost Management, or Commercial Project Management within HVAC, MEP, or construction environments.
- Bachelor's degree inย Mechanical Engineeringย or a related engineering discipline.
- Strong understanding of HVAC systems, construction project execution, and project financial management.
- Proven expertise in budget monitoring, cost analysis, forecasting, and financial reporting.
- Strong proficiency in Microsoft Excel and cost management or reporting tools.
- Ability to interpret project drawings, BOQs, specifications, and commercial documentation.
- Excellent analytical, problem-solving, and financial planning skills with strong attention to detail.
- Effective communication and stakeholder management abilities, with experience collaborating across multidisciplinary project teams.
- Ability to manage multiple projects while maintaining financial accuracy and meeting reporting deadlines.
- Passion for driving operational excellence, cost optimization, and continuous process improvement in construction projects.