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naukri

Cost Controller / Estimator (Instrumentation)

Asmacs Contracting Est.
Al Khobar, KSA
Senior
1 weeks ago
Financial ReportingBudgetingForecastingCost AccountingInternal ControlsFinancial Analysis
Free

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Financial ReportingBudgetingForecasting
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Estimation

  • Review ITB documents, technical specifications, drawings, P&IDs, instrument indexes, and project scope.
  • Prepare detailed cost estimates for instrumentation and control system projects.
  • Perform quantity take-offs and prepare Bills of Quantities (BOQ).
  • Estimate costs for:
  • o Field Instruments
  • o Control Valves
  • o Instrument Cabling
  • o Junction Boxes

o DCS, PLC, ESD, SCADA Systems

o Analyzer Packages

o Instrument Installation, Calibration, Testing & Commissioning

  • Obtain and evaluate quotations from vendors and subcontractors.
  • Prepare manpower loading and productivity calculations.
  • Support tender submissions, bid evaluations, and commercial proposals.
  • Identify project risks, assumptions, and cost-saving opportunities.

Cost Control

  • Develop project budgets and cost control procedures.
  • Monitor project costs against approved budgets.
  • Track labor, material, equipment, and subcontractor expenditures.
  • Prepare cost forecasts, cash flow projections, and earned value reports.
  • Analyze cost variances and recommend corrective actions.
  • Prepare weekly and monthly cost reports for management review.
  • Evaluate variation orders, claims, and additional scope costs.
  • Coordinate with Engineering, Procurement, Planning, Finance, and Project Teams.

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