Cost Control Engineer

Support the cost control team in various activities and responsible for partially budgets preparation, tracking the actual costs to identify project expenses over/under runs, trends. Issuance of cost control reports.

Roles & Responsibilities

• Support the cost control team in various activities linked to the cost control functions for the assigned project.

• Study project file to prepare the required analyses and breakdowns.

• Generate projects monthly cost control reports according to OC Standard Form and associated back-up.

• Provide ad-hoc cost reports when required in coordination with related parties.

• Review all cluster direct costs posted on a weekly basis.

• Analyze project expenses by trade to evaluate its comply with budget.

• Analyze material purchase orders compared to budget as part of the review process for the monthly reports.

• Track the status and actual cost for labors, equipment, and subcontractors.

• Disseminate budget information to all operating groups, providing clarification and additional information where required.

• Review invoice status on monthly basis and highlight any major figures.

• Handle the preparation of the provision and analysis of any costs related to claims.

• Perform the cost control tasks related to P2P system

• Jointly Prepare project Cost Plan and submit its monthly status report.

• Prepare project Cash flow.

• Follow up the productivity team and issue the monthly reports.

• Perform other assignments as necessary to support the function/department

• Ensure working according to the company HSE policies and regulations, job risk assessment and environmental aspects.