Senior Cost Management Specialist

Year    Chennai, Tamil Nadu, India

Job Description


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:

  • Equitable and market-competitive base pay and bonus opportunity across our global markets, along with locally relevant incentives.
  • Benefits and programs to support your physical, mental, financial, and social well-being, to help you get the care you need...when you need it.
  • Competitive retirement program that may include company-provided benefits, savings opportunities, financial planning, and educational resources to help you achieve your long term financial-goals.
  • Employee stock purchase programs (availability varies depending on location).
  • Student Debt Retirement Savings Match Program (U.S. only).
  • Dow will take the value of monthly student debt payments and apply them as if they are contributions to the Employees Savings Plan (401(k)), helping employees reach the Company match.
  • Robust medical and life insurance packages that offer a variety of coverage options to meet your individual needs. Travel insurance is also available in certain countries/locations.
  • Opportunities to learn and grow through training and mentoring, work experiences, community involvement and team building.
  • Workplace culture empowering role-based flexibility to maximize personal productivity and balance personal needs.
  • Competitive yearly vacation allowance.
  • Paid time off for new parents (birthing and non-birthing, including adoptive and foster parents).
  • Paid time off to care for family members who are sick or injured.
  • Paid time off to support volunteering and Employee Resource Groups (ERG) participation.
  • Wellbeing Portal for all Dow employees, our one-stop shop to promote wellbeing, empowering employees to take ownership of their entire wellbeing journey.
  • On-site fitness facilities to help stay healthy and active (availability varies depending on location).
  • Employee discounts for online shopping, cinema tickets, gym memberships and more.
  • Additionally, some of our locations might offer:
  • Transportation allowance (availability varies depending on location)
  • Meal subsidiaries/vouchers (availability varies depending on location)
  • Carbon-neutral transportation incentives e.g. bike to work (availability varies depending on location)
Join our team, we can make a difference together.About Dow Chemical International Pvt LtdDow Chemical International Private Limited (Dow India) aims to be the most innovative, sustainable, inclusive customer-centric materials science company. The company is committed to delivering the right solutions to its customers challenges. With broadest technology sets spanning performance materials, industrial intermediates, and plastics Dow India delivers differentiated science-based products and solutions in high-growth segments, such as packaging, infrastructure, automobile, and consumer care.A Great Place to Work\xc2\xae Certified company with approximately over 1000 employees, its operations comprise of manufacturing sites, innovation center, established centers of excellence, and commercial office. As a responsible corporate, the company supports its Corporate Social Responsibility (program) with technology expertise and employee volunteerism. Dow India works with non-profit partners towards the empowerment of differently abled, women, and children in communities where it operates. The company aims to redefine the societal blueprint, by supporting holistic sustainability and circular economy initiatives.As part of our dedication to the diversity of our workforce, Dow is committed to equal opportunities in employment. 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. Further information regarding Dow's equal opportunities is available on .

Dow Chemical

Beware of fraud agents! do not pay money to get a job

MNCJobsIndia.com will not be responsible for any payment made to a third-party. All Terms of Use are applicable.


Related Jobs

Job Detail

  • Job Id
    JD3486436
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Chennai, Tamil Nadu, India
  • Education
    Not mentioned
  • Experience
    Year