Job Description

To evaluate new and ongoing projects from financial and flow perspectives -- simulating scenarios such as in-house vs. outsourcing, assessing profit per constraint unit, and identifying margin risks -- so that project decisions protect system-wide Throughput and financial performance.

Key Responsibilities

1. Build

detailed cost estimates

for each incoming enquiry, covering material, processing (plant/outsourcing), consumables, and overhead impact.
2. Simulate

multiple execution strategies

(in-plant vs outsource vs hybrid) -- factoring load impact on plant resources, elapsed time, and risk.
3. Flag projects that, while profitable on paper, would

overload constraints or reduce overall Throughput

.
4. Maintain a

database of past projects

with estimated vs actual cost variance -- use this to refine logic continuously.
5. Collaborate with Plant and PPC teams to

simulate constraint exposure

-- especially for heavy jobs, long welding, or layout-sensitive work.
6. Identify

cost risks from design complexity, MOQ, rework likelihood, or client hold points

that could block flow.
7. Provide clear, data-driven input to the Business Head on

go/no-go decisions

, pricing floors, and negotiation strategy.
8. Work with the Cost Accountant to collect and analyze

actual cost patterns

from previous jobs - material yield, outsourcing overruns, rework costs.
9. Engage with the Project and Outsourcing Heads to align costing assumptions with actual execution capability and vendor rates.

Responsibilities Outside the Scope of This Role

Does not fabricate, release jobs, or manage execution -- provides financial evaluation before work begins. Does not approve vendor payments or run audits -- that's under Finance Controller. Does not own PPC or daily load planning -- aligns simulation with inputs from execution teams. Does not interact directly with clients, but supports Contracts & Commercial for pricing logic and risk profiling. Does not do the actual cost accounting, i.e., booking of expenses into ledgers.

Qualifications & Experience

B.Tech. + MBA (Finance/Operations) or CMA / CA with strategic / project costing experience 8-12 years in costing, pricing, or decision-support in structural steel fabrication/ EPC/ equipment manufacturing/ project industries Strong grasp of

project margin logic and flow-based decision-making,

Skilled with Excel models, what-if simulations, BOQ-based costing, and plant loading analysis Able to communicate strategic recommendations clearly to senior leadership

Preferred:

Experience in structural steel fabrication, or projects involving varying loads and complexity.

Job Snapshot

Updated Date
12-11-2025
Job ID
Job_2411
Department
Costing & MIS
Location
Gurugram, Haryana, India
Experience
5 - 20 Years