Job Responsibilities
- Develop, maintain, and monitor project budgets and cost control systems.
- Track actual project costs against approved budgets and identify cost variances.
- Prepare periodic cost reports and present project cost performance updates to management.
- Prepare project cost forecasts, cash flow reports, and projected final cost estimates.
- Coordinate with Project Managers, Site Engineers, Procurement Personnel, and Contractors to obtain cost and progress information.
- Monitor project progress and validate accomplishments against approved schedules.
- Analyze cost trends and recommend corrective actions to prevent cost overruns.
- Review subcontractor billings, supplier quotations, purchase requests, and change orders.
- Evaluate the financial impact of project variations and additional works.
- Maintain accurate records of project commitments, expenditures, and forecast costs.
- Support project bidding and tendering activities through cost analysis and historical cost data.
- Prepare project S-Curves, cost-loading summaries, and management reports.
- Assist in the preparation and review of project budgets during project planning and execution stages.
- Participate in project coordination meetings and provide cost-related recommendations.
- Ensure that all project cost control activities are properly documented and auditable.
Deliverables
The Cost Control Engineer will be expected to prepare and maintain, as applicable:
- Project Cost Reports
- Budget Monitoring Reports
- Cash Flow Forecasts
- Cost Variance Analyses
- Cost Performance Dashboards
- The work environment is primarily office-based, focusing on project controls, budgeting, reporting, and coordination activities.
- Site visits may be required to validate project progress and support cost monitoring activities.
- The role requires regular interaction with project teams, contractors, suppliers, and management.
- Occasional travel to assigned project locations may be required.
- Forecast Final Project Cost Reports
- Change Order Cost Evaluations
- Project Progress and Cost Integration Reports
- Cost Loading and S-Curve Reports
- Final Cost Reconciliation Reports
Qualifications
- Bachelor's degree in Engineering (Electrical, Mechanical, Civil, Industrial, or a related Engineering discipline).
- Professional License (PRC) is an advantage but not required.
- At least 3 years of relevant experience in Cost Control, Cost Engineering, Project Controls, Estimating, Quantity Surveying, or Project Management.
- Experience in EPC projects involving Electrical, Mechanical, and Civil/Structural works is preferred.
- Experience in project budgeting, cost monitoring, forecasting, cash flow preparation, and cost reporting.
- Proficient in Microsoft Excel and Microsoft Project. Experience using other project management, budgeting, and reporting tools is an advantage.
- Familiarity with project scheduling, progress monitoring, and productivity analysis.
- Knowledge of procurement processes, subcontractor management, contract administration, and change order evaluation.
- Strong analytical and problem-solving skills with attention to detail.
- Excellent communication, coordination, and interpersonal skills.
Benefits
Project-based contract/employment; Benefits as agreed in the service contract
The company will discuss full benefits with the selected candidate
Work Schedule
8 working hours per day, or as required by project requirements.
(Overtime work may be required to support project deadlines and reporting requirements)
Interview Process
1st Interview (F2F)
Final Interview (F2F)
