Senior Cost Control Engineer
Skills
About This Role
Key Responsibilities
- Develop, implement, and maintain robust cost control systems, procedures, and policies.
- Establish material and manpower budgets, cost baselines, and control budgets in collaboration with the top management.
- Prepare accurate cost forecasts, including Estimate at Completion (EAC), and analyze variances against the budget and forecast both for manpower and material.
- Lead the financial forecasting process, providing long-range outlooks and scenario analysis for senior leadership.
- Generate detailed and timely cost reports, dashboards, and presentations for project teams, department heads, and executive management.
- Perform in-depth variance analysis to explain differences between actual costs, committed costs, and the budget.
- Analyze trends, identify potential cost overruns or savings opportunities, and recommend corrective actions.
- Monitor cash flow projections and report on project profitability.
- Proactively identify, assess, and quantify potential cost risks and opportunities.
- Manage the change control process, evaluating the cost impact of change orders and variations.
- Ensure all changes are properly documented, approved, and reflected in the cost reporting.
- Lead, mentor, and develop a team of cost controllers and analysts.
- Serve as the primary cost control expert and advisor to Project Managers, Directors, and management.
- Collaborate closely with Project Management, Engineering, Procurement, and Finance departments to ensure alignment on cost objectives.
- Leverage and optimize cost management software (e.g., Oracle, MS Project and etc.).
- Continuously improve cost control processes, tools, and templates to enhance accuracy and efficiency.
- Ensure compliance with internal controls and audit requirements.
Requirements
- Master’s degree in Engineering or a related field.
- Minimum of 10 years of progressive experience in cost control, cost engineering, or project controls in highrise buildings.
• Preferred Earned Value Professional (EVP)
- In-depth knowledge of Earned Value Management (EVM) methodology
Application Question(s)
- What is your notice period?
- What is your salary expectation?
Experience
- high-rise building: 10 years (Required)
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