Cost Control Engineer

Job Description

• Provide the cost report reflecting budget, commitments, actual cost, and forecasts on a monthly basis and updated cash flow also to ensure smooth financial planning and alert for a potential deficit.
• Provide cost analysis and commercial recommendations in claims.
• Assist in negotiation of Tenders, and Claims to justify benchmark rates
• Coordinate with relevant departments to ensure adequate levels of support are provided at all stages of projects.
• Support project feasibility assessment through the provision of cost estimates.
• Implement commercial review, analysis and cost benchmarking of tenders and provide detailed feedback on findings of the commercial analysis and highlighting any potential areas for negotiation such as abnormal rates, variances, etc.
• Coordinate with Operations, Contracts & Procurement Departments to monitor and review variation orders and update database of projects accordingly, identify cost, budget, cash flow and schedule impact of proposed changes.
• Ensure that the payments are done and paid in a timely manner.
• Perform risk analysis and assessment

Job Requirements

• Degree in Engineering with specialization in Project Management or Cost Control-related training.
• Min 3 years relevant and similar capacity in project estimating and cost controlling preferably in the Offshore Construction industry
• Technically strong in project cost planning, scheduling and reporting.
• Knowledge in the use of MS Project, Primavera Scheduling and SAP software is highly advantageous
• Demonstrate strong interpersonal, communication and presentation skills
• Strong analytical and problem-solving skills and meticulous
• Possess good project background and technical writing ability and skills.
• Mature, proactive, resourceful and hands-on with good initiative.
• Independent worker who is able to work well with minimal supervision.
• Fast worker with the ability to work well under stress.