Cost Control Engineer

JOB PURPOSE

To prepare budgets, track the actual costs to identify project expenses over and under runs, trends, areas of inefficiency and opportunities for project cost improvement. Ensure the timely issuance of Cost Control Reports.

Roles & Responsibilities

• Interact with the team to ensure the input needed to perform the job and provide support and assistance in performing their tasks.
• Study project file and prepare the required analysis and breakdowns.
• Generate projects’ monthly cost control reports according to company’s standard Form and associated back-up.
• Provide ad-hoc cost reports when required.
• Analyze project expenses by trade and compare it to budget.
• Analyze material purchase orders compared to budget as part of the review process for the monthly reports.
• Monitor the status and actual cost for labors, equipment, and sub-contractors.
• Disseminate budget information to all operating groups, providing clarification and additional information where required.
• Provide on-going technical support to Construction Team.
• Review project invoice status on a monthly basis.
• Prepare and support the provision and analysis of any costs related to variations and claims.
• Attend periodic meetings with the Project Management Team to discuss the issues related to cost report (minimum on a monthly basis).
• Fulfill all the requirements of Cost Control International Dep. regarding the department database.
• Prepare the following:

-Project Cost Plan and review it on monthly basis.

-Project Cash flow review it on monthly basis.

-Project close-out report.

• Follow up on the Productivity Team and issue the monthly reports.
• Provide mentorship and guidance to Junior and Cost Controllers within the team.
• Handle related special assignments if required.
• Ensure that employee is working according to the company’s HSE policies and regulations, and fully aware of his job risk assessment and environmental aspects.

MINIMUM QUALIFICATION & REQUIREMENTS:

Education/ Qualifications

BSC Engineering

Professional Certification

PMP, PRMG or CCE certificate is preferred

Work Experience

5 - 7 years’ experience in a related field

Language

Good command of English language

Computer Skills

Microsoft Office, AutoCAD, Oracle Knowledge