Last Updated on June 29, 2022 by Admin
We all dream big! We all have big career aspirations! We all want to achieve big in life and hence we all have a dream of working in the Big Four; EY, PwC, KPMG and Deloitte! But there is a broad misconception that these Big Four companies only hire MBAs, CPAs or CFAs and that too for their limited business divisions like Accounting, Audit, Legal, Risk Advisory etc. But as a matter of fact, these companies hire wide range of professionals from various backgrounds including Civil Engineers, Construction and Infrastructure professionals etc. In this series of articles, we will help you to decipher the code for your successful placement in the Big Four!
To understand their human capital requirements in Construction sectors, let us first try to comprehend how PwC caters various companies working in Construction, Real Estate, Infrastructure, Capital Projects and Oil & Gas sectors and what are the roles and responsibilities of construction professional in PwC.
Stat Source: efinancialcareers
In India, PwC’s Capital Projects team is housed within Government Reforms & Infrastructure Development (GRID) division and Capital Projects services are focused on delivering large projects, programs or portfolios across their life cycle. PwC works across numerous infrastructure as well as industrial sectors and serves to whole gamut of stakeholders including but not limited to developers, contractors, government authorities, investors, fund managers, operators and independent consultants.
PwC needs technical, financial and commercial experts to serve the full asset lifecycle of capital projects and infrastructure. As far as capital projects are concerned PwC hires professionals with experience in planning, analysis, execution and governance and reporting of large capital programs.
PwC’s team of professionals having concrete experience in capital projects work collaboratively with their clients to confront the challenges in planning and executing capital infrastructure projects as well as to address all phases of the infrastructure development life cycle, providing measurable value to the organization and its shareholders.
PwC Professional’s Roles and Responsibilities:
The Project Governance & Controls team looks after capital deployment decisions, portfolio value optimization to maximize return on Investment and optimization of operational efficiency through business process reengineering. There are also other imperative divisions which take care of equipment management, productivity improvement, logistics and inventory planning, efficient handling of working capital.
Stat Source: efinancialcareers
The contract & claims management team manages contracting and procurement strategies specific to a project and market conditions. The team also evaluates claims and response strategy, works on project risk management and monitors emerging threats, risk and root cause analysis for long term solutions. The other responsibilities of the team are capital project reviews including cost and time reduction, avoidance or recovery, regulatory and statutory compliance as well as Forensics and Dispute Advisory.
A construction professional can also be placed across PwC’s diverse Infrastructure consultancy services which include demand assessment, traffic studies, entry strategies, commercial due diligence, bid advisory and project finance across transportation sectors (roads, ports, airports, railways, logistics, metrorail, BRTS), industrial infrastructure (SEZs, large area developments, commercial development).
Stat Source: efinancialcareers
PwC’s also hire Professionals or Subject Matter Experts (SMEs) from Oil and Gas industry having deep knowledge about Oil and Gas market, competition, policy and regulations, trends and issues in the global and Indian oil and gas industry. Pwc has extensive experience in working with ministries, regulatory bodies, industry federations as well as most public and private sector companies in Oil and Gas sector. When it comes to services like policy and regulatory advisory, market assessment, deal initiation, price analysis, contract reviews etc, PwC has advised numerous companies in refining and marketing, petrochemicals, fertilizers, exploration and production, and natural gas and LNG businesses. You can also check here PWC Internships.
Typical Offers for Construction Professionals from PwC:
If we look at some current opportunities at PwC, we can get a clear picture about the exact profiles Pwc is looking for while hiring construction professionals:
Opportunity in Infrastructure Advisory:
Click here to visit this job requirement (Source: Naukri.com)
Opportunity in Capital Projects:
Click here to visit this job requirement (Source: Naukri.com)
Opportunity in Power Sector:
Click here to visit this job requirement (Source: Naukri.com)
Mr. Manish Verma, Assisstant Manager- Talent Aquisition, PwC India regularly posts the job requirements on Naukri.com! You can check all job posts from Mr. Verma’s by clicking here!
To recapitulate, PwC regularly hires construction professionals for their capital projects consultancy services. To secure a seat at PwC, it is important for a job seeker to understand the key skills sets, competencies, the domain knowledge that they must possess and the most important part that a job seeker must recognize is to know which division he or she wants to work for and why? Rest is, a piece of Cake!
References:
- PwC India Corporate Website (Click here to visit)
- Stats from efinancial career, “How to get a job at a Big Four firm now. In numbers” (Click here to visit)
- PwC’s capital project organization framework from “Successful capital project delivery” (Click here to visit)
- PwC’s job requirements from Naukri.com (click here to visit)
