Job Summary
This hybrid role focuses on managing project cost and budget activities within enterprise business systems to ensure financial control transparency and compliance across initiatives. The professional will optimize cost structures monitor budget performance and collaborate with project stakeholders using EBS project collaboration capabilities. The work involves detailed analysis reporting and process improvement to support sustainable business growth.
Responsibilities
- Manage end to end project cost tracking activities using enterprise business systems to ensure accurate allocation of expenses across initiatives and maintain clear visibility into financial performance for internal stakeholders.
- Oversee budget planning cycles for multiple concurrent projects by consolidating financial inputs validating estimates against historical data and aligning projected spend with approved funding thresholds.
- Provide detailed variance analysis on project cost and budget performance by comparing actuals to forecasts and budgets to identify trends highlight risks and recommend corrective actions to relevant teams.
- Coordinate with project managers and finance partners to refine cost baselines and budget breakdowns ensuring that financial plans are realistic measurable and aligned with overall portfolio priorities.
- Monitor compliance with internal financial governance by reviewing cost entries validating charging structures and ensuring that project expenditures follow established policies and audit expectations.
- Optimize resource and cost utilization through analytical review of spending patterns and by proposing adjustments that improve efficiency while safeguarding delivery quality and timelines.
- Maintain and enhance EBS project collaboration usage by configuring project cost views sharing budget updates and enabling transparent communication of financial status across dispersed teams in the hybrid work environment.
- Prepare periodic financial reports and dashboards that summarize key cost indicators budget consumption and forecast updates to support data driven decisions by senior stakeholders.
- Collaborate with cross functional groups to resolve cost discrepancies and data quality issues in the project financial records by investigating root causes and implementing sustainable remediation measures.
- Support change control processes by assessing the financial impact of scope variations on project budgets and by updating cost forecasts to reflect new assumptions and constraints.
- Document standard operating procedures for project cost and budget management tasks to promote consistent execution across the team and facilitate onboarding of new colleagues.
- Contribute to continuous improvement initiatives by recommending enhancements to EBS cost and collaboration workflows that reduce manual effort and improve accuracy of financial information.
- Engage in proactive risk identification by analyzing financial indicators to detect potential overruns or underutilization early and by advising project stakeholders on mitigation options.
Qualifications
- Apply strong experience in project cost and budget management to interpret complex financial data and to translate insights into practical guidance for project delivery teams.
- Utilize deep familiarity with EBS project collaboration functionality to configure cost related views and share timely financial updates within hybrid and distributed working setups.
- Demonstrate advanced proficiency in spreadsheet analysis and enterprise reporting tools to build structured models for forecasting project costs and tracking budget adherence.
- Employ solid understanding of project management fundamentals to integrate financial planning with scheduling and scope considerations for technology and business initiatives.
- Use effective communication and stakeholder engagement skills to explain financial findings in an accessible manner and to influence adoption of recommended actions.
- Draw on experience within large multinational environments to navigate complex approval processes and align financial practices with global standards and local regulatory expectations.
- Apply strong attention to detail and analytical mindset to validate transaction level data and ensure accuracy of project cost records before reporting to leadership teams.
Acerca de Cognizant
Cognizant (Nasdaq: CTSH) es un creador de soluciones de IA y proveedor de servicios tecnológicos que conecta la inversión en IA con el valor empresarial mediante el desarrollo de soluciones de IA full‑stack para sus clientes. Su profundo conocimiento de la industria, junto con su experiencia en procesos e ingeniería, permite incorporar el contexto único de cada organización en sistemas tecnológicos que amplifican el potencial humano, generan resultados tangibles y mantienen a las empresas a la vanguardia en un entorno en constante cambio. Más información en cognizant.ai o @cognizant.
Información adicional de empleo
La información de compensación es precisa a la fecha de esta publicación. Cognizant se reserva el derecho de modificar esta información en cualquier momento, sujeto a la legislación aplicable.
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Cognizant es un empleador que ofrece igualdad de oportunidades. Tu solicitud y candidatura no serán consideradas en base a raza, color, sexo, religión, credo, orientación sexual, identidad de género, origen nacional, discapacidad, información genética, embarazo, condición de veterano o cualquier otra característica protegida por las leyes federales, estatales o locales.
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