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