Deputy Manager - Risk & Cost Control at T.EN Career Site

Noida, Uttar Pradesh, India -

Full Time

Start Date

Immediate

Expiry Date

20 Aug, 26

Salary

0.0

Posted On

22 May, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Cost Control, Risk Management, Budget Forecasting, Financial Reporting, EPC Contracts, Cash Flow Development, Risk Assessment, Mitigation Planning, Project Management, Internal Auditing, SRA, QRA, CSA, Commitment Control, HSE Compliance, Resource Estimation

Industry

Engineering Services

Description

Be part of the solution at Technip Energies and embark on a one-of-a-kind journey. You will be helping to develop cutting-edge solutions to solve real-world energy problems. We are currently seeking Deputy Manager – Risk & Cost Control, for implementing Cost Control Tools and handling Project cost control Activities, to join our team based in Noida, India. About us: Technip Energies is a global technology and engineering powerhouse. With leadership positions in LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management, we are contributing to the development of critical markets such as energy, energy derivatives, decarbonization, and circularity. Our complementary business segments, Technology, Products and Services (TPS) and Project Delivery, turn innovation into scalable and industrial reality. Through collaboration and excellence in execution, our 17,000+ employees across 34 countries are fully committed to bridging prosperity with sustainability for a world designed to last. About the opportunity we offer: * Issues special man-hours registration and / or invoicing procedure * Provides the Accounting department with necessary information for invoicing and accounting * Executes activities in compliance with both company and client HSE Management System objectives and procedures, as well as Quality * standards and policies, and other applicable company procedures ‘ * Assists and supports the cost control engineer on Engineering, Procurement, Construction (EPC) contract * Follows up the activities on small to medium engineering services, secondment activities, and lumpsum engineering services contracts or reimbursable * Monitors budget forecast for small projects under the cost engineer supervision * Setting up cost control Procedures. * Setting up Budgets & implementation of Cost Control Tools. * Estimation of Total Forecasts and Expected Outcomes. * Commitment Control: Analysis of differences between budget, forecast and the commitments of each project in terms of cost, while paying particular attention to any drift in the budget. Issuing early warning signals to all Stake holders on budgetary drift. * Assisting Project Managers in Optimizing and improving budgeted projects. * Generation of monthly internal / external status reports (PMR) * Development of Cash flows and providing the Accounting department with necessary information for invoicing and accounting. * Development of statistical and close-out reports, with a view towards improving feedback data and Estimation tools on the future contracts / proposals. * Act as a project point of contact for internal and external audits of all cost control functions by providing full assistance to the auditors. * Establishes and manages the risk organization for the project. * Defines and manages the preparation and issuance of all required risk procedures and ensures their due application by all parties throughout the duration of the project. This includes coordinating, training the tools and procedures. * Identifies risk across all areas of the project through organization of regular risk assessment sessions with various areas, functional managers and groups. * Ensures that appropriate mitigation actions are agreed and are being implemented. This includes ensuring ownership of all significant risks. * Works with risk owners to put in place documentation for all controls and risk mitigation plans against ‘very high’ risks. * Implements plans within his / her authority to address project issues and opportunities. When the required action is outside its authority, recommends action to project manager. * Provides analysis of data related to risks, forecasts and variances to the project plan. * Ensures risk activities (assessments and mitigation actions) are being carried out to project standards. * Ensures appropriate reporting within the project as well as to the client using the reporting tool. Participates in all project meetings related to project status, progress, scope, cost and schedule. * Prepare and maintain Risk Deliverables such as SRA, QRA, CSA etc. Starting Date: May 2026 About you: We love to hear from you and how you match with this position. To be successful in this mission you should consider the following requirements: BE with 10-15 Years (Relevant Experience) Your career with us: Working at Technip Energies is an inspiring journey, filled with groundbreaking projects and dynamic collaborations. Surrounded by diverse and talented individuals, you will feel welcomed, respected, and engaged. Enjoy a safe, caring environment where you can spark new ideas, reimagine the future, and lead change. As your career grows, you will benefit from learning opportunities at T.EN University, such as The Future Ready Program, and from the support of your manager through check-in moments like the Mid-Year Development Review, fostering continuous growth and development What’s next? Once receiving your application, our Talent Acquisition professionals will screen and match your profile against the role requirements. We ask for your patience as the team completes the volume of applications with reasonable timeframe. Check your application progress periodically via personal account from created candidate profile during your application. We invite you to get to know more about our company by visiting and follow us on LinkedIn, Instagram, Facebook, X and YouTube for company updates. #LI-MR1

Responsibilities

The role involves implementing cost control tools and managing project cost activities, including budget forecasting and commitment analysis. Additionally, the position is responsible for establishing the project risk organization, conducting risk assessments, and implementing mitigation plans.