Cost Control Engineer
Solera -
Heliopolis, CairoPosted 2 years ago150Applicants for2 open positions
- 33Viewed
- 0In Consideration
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Job Details
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Job Description
- Study Project Documents (Contract – BOQ – Specs) to determine the requirements and to define the scope of work and determine risks allocated within the project.
- Validate the received data from tender department to ensure full understanding of the costing principles used in the tender phase and upload forms required by Oracle ERP system.
- Budgeting, prepare expected cash flow allover projects period & executing all the cost control functions.
- Use potential variation orders and the historical data of the material or labor consumption for the same material used in the project to issue an operational budget.
- Prepare the control sheets to control the costs & quantities during the project.
- Collect and validate the data from planning section, procurement department and Finance department concerning the cash movement of the projects.
- Revise and approve of purchase order that ensure:
the unit rates, the purchase order amount, discounts from suppliers and actual cash flow impact. - Initiate NCR and follow up for any issues relating to cost, quantities or specs for any item.
- Review the project invoice received from QS section.
- Evaluate the Bid submitted by subcontractors to ensure scope validation cost matching.
- Issue and manage variation orders.
- Follow up on LGs status to ensure that its amount are diminished regularly and contractually.
- Prepare and initiate closeout report for each project to highlight the lessons learned and to collect historical data for upcoming projects.
- Review the rate of progress and identify any issue or obstacle hindering the progress of work and propose.
- Recommend and implement necessary measure or recovery plans to ensure timely completion of site activities.
- Track actual costs versus budgeted costs, recommend cost reduction and control measures.
- Perform project costing related reporting to the team and management’s review on a monthly basis to ensure that expenditures are kept within the project budget.
Job Requirements
- Bachelor Degree in Engineering with specialization in Project Management or Cost Control related training.
- Experience from 1 to 4 years in same field.
- Advanced computer skills on MS Office, accounting software and databases
- Technically strong in project cost planning, scheduling and reporting.
- Demonstrate strong interpersonal, communication and presentation skills
- Ability to handle data from multiple sources.
- Excellent verbal and written communication abilities across all level of an organization.
- High Organization and details-oriented Skills.
- Logical thinking and good assumptions mastery.