Cost Control Engineer

Job Description

• Responsible to 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
• Provide planning and cost controlling support for all projects which includes variation reporting, monitoring of milestone progress to the preparation of customer billing processes
• 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
• Monitor projects during execution by analyzing the achieved results and comparing them with budget which could lead to pinpointing major variance as applicable
• Perform cost analysis simulation data that aims at improving production and reducing risk contributing to the overall project success
• Ensure that all cost related works is in compliance with the procurement contracts
• Monitor the detailed construction progress of the project to ensure full adherence to work plans within agreed budget and resources
• Analyze cost and reporting problems or potential problems to the Cost Control Section Head for action