Overview
Prepare detailed work budget/value engineering/budget scenarios. Accountable for project budget and cost control services for medium size projects. Responsible for timely preparation of detailed accurate Forecast cost on monthly / weekly intervals.
Responsibilities
- Assist Sr. Cost Control Engineer/BCM to deliver thorough, independent and complete Cost Control Reports for ongoing Projects.
- Ensure the accuracy and integrity of data, correctness of cost allocation, analysis of cost/earn value trends.
- Collect all relevant needed information (Tender budget, Progress, Actual data etc.) from the Estimators, Reporting/Planning engineers, Project manager, and from Finance department etc.
- Process and analyze all gathered data into project control software (InEight) and create budget forecast.
- Timely preparation of budget reports, analysis of trends, comparison with Cost, earn value, explanation of variances.
- Regularly visit project site, coordinate and consult with project management team, inform them of critical issues.
- Assign and approve Budget for PR / IR, as per approved Work Budget.
- Ensure gathered data and Budget information is maintained and knowledge is transferred to estimation and commercial department.
- Budget reports preparation, support of Sr. Cost Control Engineer/BCM in ongoing projects and non-routine activities.
- Identify the Risks, opportunities & assumptions made within the Work budget.
- Technical skills with thorough knowledge of Cost Control principals.
- Responsible for all well organized & accurate documentation for internal & external audits.
- This is a generalist view of a Job that you have been assigned for – at times you may be requested to do above/beyond the scope of this role due to Operational requirements
Qualifications
Technical skills with thorough knowledge of Cost Control principals.