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Cost Control Engineer

MAC EGYPT REAL ESTATE CO. - 10th of Ramadan City, CairoPosted 2 months ago
60Applicants for1 open position
  • 18Viewed
  • 0In Consideration
  • 0Not Selected
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Job Details

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Job Description

  • Study the tender documents and budget after Handling Over meeting.
  • Issuing Material Control Plan as per project budget and mention variances if any.
  • Prepare Cost Baseline Preparation.
  • Estimate and record project total expenditure including invoices and claims from suppliers, vendors and subcontractors to ensure that all project expenditures are captured and properly recorded.
  • Coordinate appropriate control budgets consistent with project estimate and Work Breakdown Structure / Cost Breakdown Structure.
  • Prepare Revised Budget when required.
  • Monitor costs, collect and compile progress and cost data, create cost control worksheets and reports.
  • Coordinate project annual spend projections, cost reconciliations and variance analysis.
  • Review and approve purchase orders in liaising with Procurement department.
  • Analyzing project variances and highlighting reason behind cost under run/over run.
  • Review Inventory and accounting reports.
  • Prepare Forecast at completions and budget at completion on a monthly basis.
  • Recommend and implement corrective actions when cost overrun occurs regarding the cost of the material, machines, and manpower after analyzing warehouse, subcontractors, and time sheet reports.
  • Prepare top management cost reports.
  • Developing, Monitoring and Controlling of Cash Plan.

Job Requirements

  • Mechanical/Electrical/Civil Engineering Bachelor’s degree.
  • 7+ years of experience – 3 year in the same position in a relevant field.
  • Contractors/ construction experience is a MUST
  • Excellent working knowledge of MS office.
  • Excellent communication skills – Advanced analytical thinking skills – Strong time management skills.
  • Excellent knowledge of cost elements and monitoring methods of project control expense.
  • Good knowledge in construction elements breakdown and details.

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