Cost Control Engineer

Full time at a Laimoon Verified Company in Qatar

Posted on December 9, 2024

Job details

Job SummaryThe Cost Control Engineer coordinates in all aspects of the cost capturing, monitoring and forecasting effort for their assigned project with proper documentation. Ensures in delivering the complete suite of cost-control services and financial support for projects. This position maintains the project cost information, and with the Project Controls Lead shall oversee variations and revisions to existing budgets.Job ResponsibilitiesMonitor, control and report on projects in terms of cost history and forecast.Maintain planned and actual cost and commitment schedules.Maintain internal labor and project costs to allocated budget.Create Budget Transfer Requests as directed by the project teams.Implement approved departmental policies and procedures and ensure adherence with the processes implemented so that work is carried out in a controlled manner.Receive no more than 5 non-compliances per month and ensure their resolution 100% within 10 days.Manage cost control on site and be able to complete and confirm all works within budget.Monitor daily operations assigned for the cost control to ensure compliance with the established standards and procedures.Process and approve MR, PO, S/C Agreement, PC, SRV, SIV within 10 working hours of their creation.Develop cost structures for all activities, ensuring the agreement with the allocated budgets and plans, and accurately assigning costs to designated items to provide better means for controlling day-to-day activities.Daily verifications of the cost allocation of transactions to cost codes and reallocating as needed within 10 working hours of the entry time.Visit the sites at least once weekly to verify the progress measurements.Upload the verified BCWP into the ERP System no later than 1 day after the cut-off date.Maintain internal labor and project costs to allocated budget and flag deviations to project management.Reflect the workforce productivity report and man-hour trends and include in MJCR.Perform cost analysis and advise management on cost over-runs. Work with computerized databases to manage deviations and minimize costs.Produce the Weekly Job Cost Report within 3 days from the end of the week.Additional ResponsibilitiesAssist in the production of the Monthly Job Cost Report and achieve it within 15 days from the end of the month.Monitor and review accounts to ensure timely invoicing is done in an efficient manner.Review submitted client invoices and study the variance from realistic values by producing Over/Under Invoicing calculations within 3 days from the end of the month.Observe all relevant safety, quality, health and environmental procedures to ensure a healthy and safe work environment.Receive no more than 1 non-conformance per month across all projects, related to QA or HSE.Create Budget Transfer Requests as directed by the project teams and provide feedback on alternative methods of construction.Provide accurate calculations of budget transfer and achieve no more than 10% correction at the final approval stage.SkillsKnowledge of cost control packages such as CCS (Candy) will be a distinct advantage.Knowledge in the use of MS Project and Primavera Scheduling.Knowledge in project cost planning, scheduling and reporting.Knowledge of Quality Management System.ERP knowledge, preferably SAP functional skills, are a requirement to be successful in this role.Job ExperienceMinimum 8 years working experience, with 5 years relevant working experience, and 2 years in GCC as a plus.CompetenciesCollaborationAccountabilityResilienceQualityLeadershipClaim Studies L3Projects-Commercial L3Cost Control L3Cost Estimating L3Financial Reporting L3EducationProfessional degree in MMUP Engineer Registration (UPDA).Bachelor's Degree in Civil Engineering or Engineering.

#J-18808-Ljbffr Quality Engineering

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Cost Control Engineer

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Hiring company

Confidential

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