Cost Controller

Cost Controller

About Business:

Adani Group: Adani Group is a diversified organisation in India comprising 10 publicly traded companies. It has created a world class logistics and utility infrastructure portfolio that has a pan-India presence. Adani Group is headquartered in Ahmedabad, in the state of Gujarat, India. Over the years, Adani Group has positioned itself to be the market leader in its logistics and energy businesses focusing on large scale infrastructure development in India with O & M practices benchmarked to global standards. With four IG rated businesses, it is the only Infrastructure Investment Grade issuer in India.

Adani Green Energy Limited (AGEL): AGEL is part of the Adani Group’s promise to provide a better, cleaner, and greener future for India. Driven by the Group’s philosophy of Growth with Goodness’, the Company develops, builds, owns, operates, and maintains utility- scale grid-connected solar, wind farm and energy storage (Hydro PSP and Battery) projects. The electricity generated is supplied to central and state government entities and government- backed corporations. On the back of long-term Power Purchase Agreements (PPAs) with central and state government entities, AGEL has leveraged its capabilities and expanded its presence across 12 Indian states. With the integration of pump storage and battery storage projects with large solar & wind portfolio, AGEL shall be best placed amongst peers to supply round-the-clock green power to India’s grid. The Company continuously adopts and deploys the latest technologies in its projects. With the target of 50 GW renewable energy capacity by 2030, AGEL is driving India on its renewable energy journey.

Job Purpose: Associate - Project Coordination is responsible for supporting the successful execution of projects by assisting in team coordination, vendor management, and communication among stakeholders. This role focuses on ensuring smooth operations by managing documentation, tracking compliance, and monitoring risks, all while providing critical administrative and logistical support to the lead coordinator. The Associate helps maintain project timelines, quality standards, and budget controls, enabling the team to achieve objectives efficiently and effectively.

Cost Control Systems Development and Implementation:
Design and establish comprehensive cost control systems to manage expenses across renewable energy projects. 
Create cost control procedures, define cost categories, and set up monitoring tools for precise expenditure tracking. 
Collaborate with project managers to integrate these systems into project workflows and ensure compliance with financial reporting standards.

Budget Preparation and Cost Estimation:
Prepare accurate budgets and cost estimates for renewable energy projects. 
Work with project managers to gather data, assess project requirements, and develop detailed budget plans, ensure budgets are comprehensive, realistic, and aligned with project goals, supporting approvals and effective financial management throughout the project lifecycle. Provide budget allocation and details for PR Creation and Commercial/Project NFAs on time.

Monitoring, Analyzing, and Optimizing Expenditures:
Monitor project expenditures to ensure alignment with budgeted amounts. 
Analyze financial data to identify deviations from the budget, investigate cost variances, and generate regular financial reports. Implement cost-control measures and develop strategies to enhance cost efficiency while maintaining project quality and timelines. Compare actual costs against forecasts and identify opportunities for cost control or reduction.

Cost Reporting, Documentation, and Assurance:
Prepare and maintain detailed cost reports and documentation for renewable energy projects. 
Accurately record financial transactions according to company policies and regulatory requirements. Provide insights into project financial status, support transparency, and ensure documentation is complete and up-to-date. Review and provide feedback on Project/Commercial NFAs to Head - PMAG in a timely manner.

Business Growth and Project Support:
Support bid readiness in a timely manner, including coordination of BoQ from Engineering, estimation from the Technical team, and meeting bid deadlines. 
Assist in the Projects Master Plan and deliverables. Provide support for the finalization of Capex for international opportunities, such as the Sri Lanka Wind Project. Conduct detailed due diligence of M&A opportunities from a cost perspective if applicable.

Training, Organization Building, and Reporting:
Attend 5 man-days of training during the financial year, including both behavioral and technical training. As part of the Internal Auditor for IMS Group-1, conduct audits and provide reports according to the IMS implementation and sustenance schedule. 
Prepare and report on EAC of projects with variance analysis. Monitor module performance, including CPAG presentations and cashflow variance analysis for Chairman MIS. Review Pre-Ops reports and provide inputs for Chairman Review Meetings.

 

Key Stakeholders - Internal:

Project Teams

TC Teams

HR & Admin Teams

PMAG Teams

Quality Teams

IT Teams

Finance Team

Operations Team

Educational Qualification:

Bachelor’s degree in Engineering (Civil, Mechanical, Electrical, or Renewable Energy) or a related technical field

Work Experience:

8-12 years of experience in cost control, budget control, estimating, project execution.

Knowledge of SAP required. Strong Excel skills. Analytical skills.

Experience working in renewable energy, construction, or industrial projects is preferred

Strong communication skills and experience working directly with clients, vendors, and internal teams

Experience Level

Senior Level