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Cost Control Engineer - MEP

ProService
Nasr City, Cairo
Posted 2 years ago
35Applicants for1 open position
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Job Details

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Job Description

Create a cost budget plan for the running projects and monitor the progress, investigate variances. This includes but not limited to the following:

  • Responsible for preparing project cost budget as per the budget structure after receiving the initial cost sheet from Tender department.
  • Responsible for distributing the cost budget to all related departments.
  • Control and monitor project total expenditure including verifying and checking of invoices and claims from suppliers, vendors, and subcontractors to ensure that all project expenditures are captured and properly recorded.
  • Perform overrun reporting (if any) to procurement and tender departments to make the correction action or justify. 
  • 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. 
  • Provide cost controlling support for all projects which includes variation reporting, monitoring of milestone progress to the preparation of client invoice processes, etc.
  • Monitor engineering progress against budget and forecasted schedule.
  • Participate in and lead risk assessments and actively manage the risks of the projects and the business.
  • Responsible for managing the day to day planning and engineering initiatives for the company’s projects.
  • Develop feasible solutions that solve the problem or allow for utilizing opportunities. 
  • Identify problems or opportunities that support the company’s projects and operations.
  • Able to design and develop new control systems, while having the ability to maintain the existing systems. 
  • Coordinate and work with the project management team to resolve any occurred issues to ensure the cost of the delivery/completion of the project work.
  • Attend project meetings and discussions with the project management team and external clients.
  • Responsible for preparing project cash flow in coordination with all related departments.
  • Review supplier invoices related to the project.
  • Review overhead charges to be applied to the project.
  • Review account totals related to project assets and expenses.
  • Report on project profitability to management.

Job Requirements

  • B. Sc. degree in engineering from a reputable discipline.
  • Must have previous experience in MEP Projects.
  • Professional Ms. Excel user is a must.

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