Cost Manager, India

Reporting to the Head of Finance, the candidate will play a key role in project cost management for data centre development of the Digital Edge DC (India) Pvt Ltd (‘DEI’). This role will be based at Digital Edge DC (India) – Site office located at Survey No. 238/2, Bhola Nagar, Kalwa, Navi Mumbai, Thane, Maharashtra, 400708.

Key responsibilities:

• Develop and manage project budgets, ensuring alignment with organizational financial goals and objectives.
• Prepare detailed cost estimates and forecasts for data center projects, including construction, equipment, and operational expenses.
• Monitor and control project costs for each data center projects vis a vis budgets, including identifying variances and implementing corrective actions as needed.
• Review and approve project invoices, change orders, and payment applications.
• Maintain comprehensive cost records and documentation for each data center projects.
• Provide regular financial reports and updates to stakeholders, highlighting key cost metrics and trends.
• Prepare/collate relevant project information for submission to lenders on a timely basis.
• Assist and interact with lender’s agencies on periodic project reviews etc.
• Interface, interact and work collaboratively with DEI Internal Stakeholders and other Project Team members.
• Provide commercial input to a Risk Register, including formulating and reviewing strategies for minimizing the same.
• Produce information as required for the assessment of change requests and variations, complying with the agreed change management process at all-times.
• Assist in the settlement of contractual disputes and proactively track claims from the contractor or any party.
• Evaluate claims, make recommendations and assist with negotiations. Keep all relevant parties informed of claims.
• Ensure compliance with company policies, industry standards, and regulatory requirements related to cost management.
• Participate in contract negotiations and vendor management to achieve cost-effective solutions.
• Support the development and implementation of cost management best practices and tools within the organization
• Highlighting Critical Issues to Head Construction and CFO
• Actively champion and comply with policies and procedures related to workplace health & safety, information security, environmental, quality, and energy management systems, incident management, and applicable legal and regulatory requirements.

The successful candidate:

• Skill set: Knowledge of accounting package such as Odoo or Oracle, project management tools such as MS Projects/ Gantt Charts, etc.
• Experience: Site cost/commercial management for minimum 8 years
• Specific people skills: Team player
• Education level: B.Com / M.com / Finance degree
• Certifications/Licenses: None