Role Purpose
The Costing Executive will be responsible for project costing, cost analysis, budgeting support, variance reporting, and profitability assessment across Solar, Wind, and EPC projects. The role will work closely with Finance, Procurement, Project Execution, and Business teams to ensure accurate cost tracking, financial control, and timely management reporting.
Key Responsibilities
Project Costing \& Financial Analysis* Prepare detailed project cost sheets and cost estimates for Solar, Wind, and EPC projects.
- Monitor actual project costs against approved budgets and identify cost overruns.
- Analyze project profitability at various stages of execution.
- Review project\-wise revenue, cost allocation, and margin performance.
- Support management in evaluating project feasibility and financial viability.
Budgeting \& Cost Control* Assist in annual budgeting and periodic forecasting exercises.
- Track budget utilization across projects and departments.
- Conduct variance analysis between budgeted and actual costs and provide actionable insights.
- Recommend cost optimization opportunities and efficiency improvements.
MIS \& Reporting* Prepare monthly project costing reports, profitability reports, and management dashboards.
- Develop and maintain cost tracking mechanisms for ongoing projects.
- Generate periodic financial analysis reports for leadership review.
- Support preparation of Board, Investor, and Management presentations relating to project performance.
Procurement \& Commercial Support* Analyze procurement costs and monitor major project cost drivers.
- Support commercial evaluation of vendor quotations and contracts from a financial perspective.
- Work closely with Procurement and Project teams to ensure cost discipline and adherence to approved budgets.
Accounting \& Compliance Support* Ensure proper cost allocation and accounting treatment of project expenses.
- Coordinate with Accounts teams for accurate booking of project costs.
- Support statutory audit, internal audit, and financial due diligence activities related to project costing.
- Ensure compliance with internal financial controls and company policies.
Process Improvement* Drive automation and standardization of costing and reporting processes.
- Develop financial models and analytical tools to improve decision\-making.
- Participate in ERP implementation and process enhancement initiatives related to project finance and costing.
Desired Skills \& Competencies* Strong understanding of project costing, budgeting, and profitability analysis.
- Excellent financial modelling and analytical skills.
- Advanced proficiency in Microsoft Excel.
- Working knowledge of ERP systems such as SAP, Oracle, Microsoft Dynamics, or similar platforms.
- Strong stakeholder management and business partnering skills.
- Attention to detail and ability to work with large datasets.
- Good communication and presentation skills.
Preferred Experience* Experience in EPC, Renewable Energy, Infrastructure, Construction, Manufacturing, or Project\-based industries.
- Exposure to project accounting, cost control, and management reporting.
- Experience in handling multiple projects simultaneously and supporting business decision\-making through financial analysis.