Cost Control Engineer

Budgeting and Cost Management: Prepare and manage detailed project budgets, cost estimates, and comprehensive cost plans to ensure financial control throughout the project lifecycle.Project Monitoring: Monitor construction progress to ensure completion within the approved budget and timeline.Payment Certification: Ensure timely submission and completeness of contractors’ monthly payment applications. Review and finalize interim payment certificates, including measurement and verification of: Interim payments Work executed under Provisional Sums Approved variations Subcontractor Management: Prepare and validate subcontractor payments and variations in line with contractual terms.Contract Compliance: Review insurance policies and bank guarantees (bonds) to ensure compliance with contractual requirements.Document Review: Verify all documentation related to advances, payment guarantees, and bonds upon submission for accuracy and compliance.Reporting: Prepare monthly cost reports, cash flow forecasts, and accruals to support financial oversight and project forecasting.Stakeholder Coordination: Attend project meetings and conduct site visits as necessary to support project delivery and cost control.Final Account and Project Closeout: Manage the closeout process, including final account preparation, issuance of the final payment certificate, and release of bank guarantees. #J-18808-Ljbffr