Cost Control Engineer
Skills
About This Role
Responsibilities
- Prepare detailed work budget/value engineering/budget scenarios
- Accountable for project budget and cost control services for medium size projects
- Assist Cost Control Manager/Senior Cost Control Engineer to deliver thorough, independent and complete Cost Control Reports for Projects
- Ensure the accuracy and integrity of data, correctness of cost allocation, analysis of cost trends
- Collect all relevant needed information (work Cost, Actual data etc.) from the Estimators, Reporting / planning engineers, Project manager, and/or from finance department
- Process and analyse all gathered data into estimate software (InEight) and create Cost forecast
- Timely preparation of departmental reports, analysis of trends, comparison with Cost, explanation of variances
- Driving the process of consolidation and reporting automation
- Regularly visit project site, coordinate and consult with project management team, inform them of critical issues
- Assign and approve Cost for PR / IR as per approved Work Budget
- Ensure gathered date and Cost information is maintained and knowledge is transferred to estimation and commercial department
- Budget reports preparation, support of Sr. Cost Control Engineer/BCM in ongoing projects and non-routine activities
- Assist in preparing estimates as per the ad hoc requirement from Project Manager / team
- Ad-hoc reports preparation, support of PCM / BCM in ongoing projects and non-routine activities
- Identify the Risks, opportunities & assumptions made within the Work budget
- Technical skills with thorough knowledge of estimating principals
- Responsible for all well organized & accurate documentation for internal & external audits
Qualifications
- Bachelor’s Degree in Engineering in a related discipline, or equivalent
- Minimum 05 years of experience in Estimation, Budget and Cost Control in related industries
- Preferably with experience in dredging and civil marine or infrastructure projects
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