Cost Controller and Invoicing Engineer
Mechanical
5 To 10
1
Permanent
Powai base and sites
Prime Responsibilities - Development and implementation of project cost breakdown structure (CBS)in consultation with Project Manager, PCM and Project Planning/SchedulingEngineer. -Responsible to monitor project total expenditure to ensure that all projectexpenditures are captured and properly recorded. - Implement and monitor costs within each stage of project until its close-out. - Perform project costing related reporting on a monthly basis to ensurethat expenditures are kept within the project budget and cost reports areissued highlighting Cost Committed, Balance Commitments & Cost to Complete(CTC) and Cost Variance (CV) - Prepare and submit Project Valuation Reports highlighting Contract Value,Cost to Complete, Variance and key commercial conditions of the Contract. - Coordinate with Finance department by providing updated Cost and Cashflowdata of the project to facilitate Hedging plans with Finance and Treasury - Develop Customer Billing schedule based on Milestone stages provided inContract. Prepare the Payment Milestones and get them approved from Client intimely manner. - Coordinate for timely Invoicing and Payment Collection from Customer - Coordinate with Project leads and Contracts department to identify anychanges need to be budgeted - Coordinate with contracts department for costing of the variations anddisputed claims - Provide cost control and planning advice to the internal PMT team as andwhen required. - Provide Cost Control related data for Project close out report at thecompletion of the project
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Issued in public interest

“It has been brought to our attention that certain parties are sending out false e-mails to individuals, purporting to be issued in the name of Larsen & Toubro (L&T) or L&T Hydrocarbon Engineering Limited, inviting them to come for a face-to-face interview for a job-opening with L&T or its any unit/vertical/location, as well as to deposit a certain amount as a refundable security deposit in a designated bank account.

Public are advised to note with caution that these messages are false and L&T or L&T Hydrocarbon Engineering Limited has not sent out any such e-mails, nor sought such deposits.

The Company sincerely requests the public not to be misled by such false communication. L&T bears no responsibility towards this. Public are hereby warned that these e-mails/ letters are a fraud, which is being perpetrated in the organizations’ name by certain unknown parties. L&T is also taking legal steps in this regard to bring the offenders to books”.


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