Cost Control Engineer - Civil

Job Purpose

1. Cost Planning and Budgeting

• Develop and maintain detailed project cost estimates, budgets, and cash flow forecasts for civil works.
• Prepare project cost breakdown structures (CBS) aligned with WBS (Work Breakdown Structure).
• Review tender documents and assist in establishing project cost baselines.
• Coordinate with the Quantity Surveying and Planning departments to align budgeted costs with project schedules.

2. Cost Monitoring and Control

• Track and monitor actual costs against approved budgets and forecasts on a regular basis.
• Identify variances and deviations from the budget and prepare cost variance analysis reports.
• Monitor project commitments, expenditures, and forecasts to ensure accurate reporting of financial status.
• Validate and verify subcontractor and supplier invoices to ensure compliance with contract terms and cost allocations.
• Review and approve cost coding in coordination with the accounting department.

3. Reporting and Analysis

• Prepare monthly cost reports, including Earned Value Management (EVM) analysis, cost-to-complete forecasts, and financial summaries.
• Support management with cost-related data for project progress reviews and executive meetings.
• Maintain detailed records of all cost-related information for auditing and financial reviews.
• Highlight areas of potential cost overrun and recommend corrective actions.

4. Change Management and Claims

• Track and evaluate change orders, variations, and potential claims affecting project cost and time.
• Collaborate with Project Engineers, Quantity Surveyors, and Planning Engineers to assess the cost impact of scope changes.
• Ensure all variations are captured and reported to the Project Manager for timely client approval.

5. Coordination and Communication

• Liaise with the Project, Planning, Procurement, and Finance teams to ensure accurate cost allocation and reporting.
• Participate in project progress and coordination meetings to provide financial insights.
• Ensure all cost data aligns with project schedules, procurement logs, and progress reports.

6. Forecasting and Risk Management

• Prepare project cost forecasts, incorporating progress trends and productivity performance.
• Identify potential financial risks, opportunities, and recommend mitigation measures.
• Support in developing project cash flow and revenue recognition forecasts.

Qualifications and Experience

• **Education:**
• Bachelor’s Degree in Civil Engineering or Construction Management.
• **Experience:**
• Minimum 5 years of experience in cost control within a
• civil construction or contracting environment
• (high-rise / mixed-use projects preferred).
• **Software Skills:**
• ERP or project control systems (SAP, Oracle, or Primavera Cost Manager).
• MS Excel (advanced), Power BI (preferred).
• Primavera P6 for cost–schedule integration.
• **Certifications (preferred):**
• CCP (Certified Cost Professional) – AACE
• PMP – PMI or equivalent