The Role
Tracks project costs and budgets, posts cost adjustments in SAP or ERP systems, performs variance analysis, validates material, labor, subcontractor, and overhead costs, prepares management reports, verifies commitments and accruals, supports audits, identifies savings opportunities, and collaborates on project profitability and MIS reporting.
Summary Generated by Built In
Job Summary:
To ensure accurate tracking, analysis, and reporting of project-wise costs and budgets. The role requires detailed cost monitoring, variance analysis, and effective coordination with project and finance teams to ensure cost efficiency and financial control across projects.
Key Responsibilities:
Maintain project-wise cost records and ensure timely posting of cost adjustments entries in SAP/ERP system.
Monitor project budgets in coordination with the planning and project teams.
Track actual costs against budgets and provide variance analysis with actionable insights.
Review and validate cost components like material, labour, subcontractor charges, overheads, etc.
Assist in periodical cost reports for management review.
Work closely with procurement and project execution teams to verify cost commitments and accruals.
Identify cost-saving opportunities and highlight any deviations from budget.
Ensure compliance with internal controls and standard costing practices.
Support project audits and assist in preparing cost-related documentation.
Collaborate with finance team for project profitability analysis and MIS reporting.
Key Requirements:
Education: B. Com / M. Com with ICWA (CMA) Inter / Qualified
Experience: 0–2 years of relevant experience in project costing, preferably in EPC, manufacturing, or infrastructure sector
ERP Knowledge: Hands-on experience in SAP or any major ERP system is essential
Skills:
Strong analytical and numerical skills
Proficiency in MS Excel and costing tools
Good communication and inter-departmental coordination
Ability to work under deadlines and manage multiple projects
Preferred Attributes:
Experience in handling large-scale project budgets
Working knowledge of other cost-related compliances
Exposure to standard costing, variance analysis, and cost control measures
Skills Required
- B.Com or M.Com degree
- ICWA/CMA Intermediate or Qualified
- 0–2 years of relevant experience in project costing
- Hands-on experience with SAP or another major ERP system
- Strong analytical and numerical skills
- Proficiency in Microsoft Excel and costing tools
- Good communication and interdepartmental coordination skills
- Ability to work under deadlines and manage multiple projects
- Experience handling large-scale project budgets
- Working knowledge of cost-related compliance
- Exposure to standard costing, variance analysis, and cost control measures
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The Company
What We Do
KP Group was founded by Dr. Farukbhai Gulambhai Patel in 1994 which is now well recognized group of Gujarat. What started as a logistics service provider in 1994 is now a Rs.100+ Billion business empire. The Group has completed more than 29 years of its successful operations and today consists of several group of companies, all contributing to the fast and robust growth of the group. During the last decade the group has achieved phenomenal growth as a result of diversification into fabrication and galvanizing, renewable energy sector (Solar & Wind), Telecom infrastructure and lately in Green Hydrogen and Ammonia.
