Tic Estimation Cum Cost Controller Job in Jacobs

TIC Cost Estimation & Cost Controller

Location: Navi Mumbai

About Jacobs

At Jacobs, we challenge today to reinvent tomorrow. We solve the world s most critical challenges across industrial, commercial, and government sectors, delivering solutions in engineering, architecture, construction, operations, and project management. Our mission is to turn abstract ideas into realities that shape a smarter, more connected, and more sustainable world.

Your Impact

As a TIC Cost Estimation & Cost Controller, you will be responsible for preparing and reviewing Total Investment Cost (TIC) estimates across various project stages. You will develop multi-disciplinary cost estimates, track project expenditures, and analyze cost trends to ensure effective project financial management. This role involves working closely with project teams, subject matter experts, and stakeholders to maintain cost efficiency and optimize value engineering.

Key Responsibilities

Cost Estimation & Analysis

• Develop and implement TIC cost estimate plans in alignment with contract requirements.
• Prepare and review multi-disciplinary cost estimates at different project stages.
• Conduct cost analysis and validations using internal and external benchmarking data.
• Maintain a cost database from previously completed projects for reference.
• Perform rate analysis for construction items and unit cost estimation.
• Provide cost information for value engineering analysis to optimize project spending.

Cost Control & Budgeting

• Track, analyze, and control project costs, ensuring compliance with budget allocations.
• Establish budget baselines, monitor project cash flow, and prepare periodic forecasts.
• Analyze cost impacts due to RFIs (Requests for Information) and Change Orders, maintaining an updated change order log.
• Monitor budgetary spending, billings, and assist in developing capital project budgets.
• Conduct periodic reviews of project cost and schedule based on estimated budgets.

Stakeholder Collaboration & Reporting

• Coordinate with project teams, vendors, and internal stakeholders for cost data collection and verification.
• Mentor and support cost engineers, ensuring accuracy and compliance with project scope.
• Present cost recommendations clearly to internal management, project teams, and clients.
• Ensure all cost assumptions and clarifications are well-documented.

Qualifications & Experience

• B.Tech in Mechanical, Chemical, or Civil Engineering.
• 12-18 years of experience in TIC estimation and cost control for industrial projects, data centers, EV projects, etc.
• At least 5 years of experience as a Cost Controller Lead on medium-sized EPCm/PMC industrial projects.
• Strong expertise in multi-disciplinary project estimation (EPCm or combined models).
• Proficiency in Microsoft Excel (Intermediate to Advanced level); Power BI is an added advantage.
• Excellent interpersonal and communication skills, with the ability to present cost analysis clearly.
• Willingness to travel locally and occasionally globally as required.

Why Jacobs?

At Jacobs, we provide a dynamic, inclusive, and growth-oriented work environment. We offer:

• International Work Exposure Engage in global projects with industry leaders.
• Career Development Opportunities Access continuous learning and skill enhancement programs.
• Collaborative Work Culture Work alongside highly skilled professionals in a supportive environment.
• Comprehensive Benefits Package Competitive compensation, flexible work arrangements, and more.

At Jacobs, we help prepare you for new challenges and exciting opportunities. Join us and be part of a company where you can learn, grow, and thrive.