Cost Control Engineer

Description

As a Cost Control Engineer you will be responsible for managing and monitoring the financial aspects of a project which includes monitoring of project expenses, budget adherence, preparing cost forecasts and ensuring that the project stays within budget. Works closely with the Department Head in developing cost analysis reports comparing Earned Value vs. Cost, on Cost Code level.

• Assess skills gap (within the regional cost planning team) and develop a plan to rectify the gap.
• Ensure effective project implementation and utilize productive reports from the creation of WBS (Work breakdown structure) with the use of project management system to monitor the status of all purchases, invoicing and delivery up to the closure of the project.
• Prepare detailed project cost plans, presenting recommendations and benchmarking at project reviews to achieve sign off Cost Planning outputs.
• Provide planning and cost controlling support for all projects which includes variation reporting, monitoring of milestone progress to the preparation of customer billing Processes, etc.
• Provide cost control and planning advice to the internal PMT team as and when required.
• Responsible to control and monitor project total expenditure including verifying and checking of invoices and claims from suppliers, vendors and subcontractors to ensure that all project expenditures are captured and properly recorded.
• Support the Development Cost Planning Business Plan, using tools and implementing cost planning processes on all projects.
• Perform technical and commercial review (subcontractor’s quotations) for the preparation of Service agreements.
• Perform and manage project activity scheduling and monitoring milestone progress to the preparation of customer billing processes, etc.
• Coordinate and work with the project management team to resolve project issues to ensure the delivery/completion of the project work.
• Perform project costing related reporting to the team and management’s review on a monthly basis to ensure that expenditures are kept within the project budget.
• Attend project meetings and discussions with the PMT and external clients

Requirements

• Microsoft office, AutoCAD, Primavera
• Must have minimum 5 Years of experience and above
• Knowledge in the use of Xpedion, MS Project and ERP software is highly advantageous
• Degree In Engineering with specialization in Project Management or Cost Control related training.

Benefits

Training + Development

Interview process

Visa Sponsorship

Security clearance