Cost Control Engineer

The Cost Control Engineer coordinates in all aspects of the cost capturing, monitoring and forecasting effort for their assigned project with proper documentation. Ensures in delivering the complete suite of cost-control services and financial support for projects.

Requirements

• Monitor, control and report on projects in terms of cost history and forecast
• Maintain planned and actual cost and commitment schedules
• Maintain internal labor and project costs to allocated budget
• Create Budget Transfer Requests as directed by the project teams
• Implement approved departmental policies and procedures
• Manage cost control on site and be able to complete and confirm all works within budget
• Process and Approve MR, PO, S/C Agreement, PC, SRV, SIV within 10 Working Hrs. of their creation
• Develops cost structures for all activities, ensuring the agreement with the allocated budgets, plans and accurately assigning costs to designated items
• Uploads the verified BCWP into the ERP System no later than 1 days after the Cut of Date
• Maintains internal labor and project costs to allocated budget and flag deviations to project management
• Perform cost analysis and advises management on cost over-runs
• Produce the Weekly Job Cost Report within 3 Days from the end of the week
• Assist in the Production of the Monthly Job Cost Report and achieve it within 15 days from the end of the Monitor and review accounts to ensure timely invoicing is done in an efficient manner
• Review submitted client invoices and studies the variance from realistic values by producing Over/Under Invoicing calculations within 3 days from the end of the month
• Observe with all relevant safety, quality, health and environmental procedures to ensure a healthy and safe work environment