Department : Construction
Discipline : Project Controls
Reference Code : AJES000058
Job Title : Cost Control Engineer - Civil & Mechanical
Skills : Control project costs against budgets. Recommend timely corrective action in case of deviations.
Description :  

Reports to: Sr. Cost Engineer        

Internal Working Relations: Project Management, Procurement, Contracts, Estimation and Finance Department  

External Working Relations:

 

Duties & Responsibilities:

·         Maintain, monitor and control project budgets, through Project Controls system, and issue variance reports on monthly basis

·         Follow cost control procedures and code of accounts.

·         Perform cost analysis for construction activities.

·         Maintain, monitor and update the Change Control Registers.

·         Issue Monthly Cost Reports and Cash Flow (In/Out)

·         Perform trend analysis and advise project management team of any deviations from budgets and recommend corrective actions. 

·         Perform trend analysis and advise project management team of any deviations from budgets and recommend corrective actions.

·         Reconcile all variances between budget, actual costs and revenue to facilitate accurate project profit forecast and timely identification / preparation of contractual claims.

·         Coordinate with Finance department on posting actual cost and issues related to asset register. Controls of assets/material transfer from/to project site.

Key Results/Outcomes:

·         Monthly Cost Reports and Cash Flow (In/Out).

·         Monthly Accruals.

·         Weekly Productivity Reports.

·         Trend analysis and recommend corrective actions.


Job Requirements:
 

·         Cost monitoring and Control

·         Productivity Norms   

·         Civil Works and Construction Sequence for Oil & Gas, Petrochemical or Power Projects.
 
Minimum Experience: 5 Years in Costing
 
Mnimum Education: Degree in Civil or Mechanical Engineering
 
Posted Date : 10-12-2014
 
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