At Dow, we believe in putting people first and were passionate about delivering integrity, respect and safety to our customers, our employees and the planet.Our people are at the heart of our solutions. They reflect the communities we live in and the world where we do business. Their diversity is our strength. Were a community of relentless problem solvers that offers the daily opportunity to contribute with your perspective, transform industries and shape the future. Our purpose is simple - to deliver a sustainable future for the world through science and collaboration. If youre looking for a challenge and meaningful role, youre in the right place.Dow Chemical International Pvt. Ltd. has an opening for Senior Cost Management Specialist to be located at Chennai, IndiaDow combines the power of science and technology to passionately innovate what is essential to human progress. The Company is driving innovations that extract value from material, polymer, chemical and biological science to help address many of the world's most challenging problems, such as the need for fresh food, safer and more sustainable transportation, clean water, energy efficiency, more durable infrastructure, and increasing agricultural productivity. Dow's integrated, market-driven portfolio delivers a broad range of technology-based products and solutions in high-growth sectors such as packaging, infrastructure, transportation, consumer care and electronics.ResponsibilitiesIntegrates Project Cost & workhour estimate, project schedule into Cost Management baseline.Develop Project cost reports of high accuracy. (create cash flows, cancellation curves, cost narratives, trend analysis, analyzing the contingency, commitment, spent and forecasts)Create the, accurate reflection of committed/spent funds, project deviation notices, field change orders, and project execution changes in all cost documents),Provides estimate of cancellation costs.Leads the project team in deriving an accurate/ realistic forecast of all funds required to complete the project within the defined budget and schedule while incorporating own trending and analyses.Alerts the project team to critical Cost Management issues.Provides supporting data for project metrics, external benchmarking and project closure.Lead the cost changes or deviations. Alert on thresholds and enhance controls. Integrate with various functional disciplines as a team player ensuring the right inputs for the accurate forecasting.Analyze the contingency forecast and the drawdowns and cost accruals periodically to enhance smooth execution of the project.Knowledge in standard procurement work process, construction change order work process and supporting tools set.Familiar in Turnaround projects and conversant with Field practices and construction exposureGlobal CompetenciesInitiative/Interpersonal EffectivenessLearning/TeamworkTechnical CapabilitiesTechnical SkillsetProject Cost Management tools (SAP, EcoSys, etc.) and MethodologyKnowledge of Contracting, Subcontracting of multi discipline projects in Oil& Gas and Chemical Sectors- (Small, Medium and Large Projects)Engineering man-hour utilizations/allocations.International currencies / currency conversion practices.Turnaround Expertise - WIT/TACTQualificationsBachelors degree or equivalent experienceMinimum 8 year and above experience as Cost ControllerEstimating Tools and schedule management tools (general awareness)Must be willing to work on projects at different geographies / locations role.Strong communication Skills in English.As part of our dedication to the diversity of our workforce, Dow is committed to Equal Employment Opportunity without regard for race, color, national origin, ethnicity, gender, disability, sexual orientation, gender identity, or religion. We encourage every employee to bring their whole self to work each day to not only deliver more value, but also have a more fulfilling career.Benefits - What Dow offers youWe invest in you.Dow invests in total rewards programs to help you manage all aspects of you: your pay, your health, your life, your future, and your career. You bring your background, talent, and perspective to work every day. Dow rewards that commitment by investing in your total wellbeing.Here are just a few highlights of what you would be offered as a Dow employee:
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