Executive, Cost Estimation & Controller

Gas Malaysia Bhd; Shah Alam; On-site; MYR 90,000 - 140,000; Full time

Job summary

Gas Malaysia is seeking a seasoned Cost Estimator/Cost Controller to support project development through accurate cost estimation and control. You will prepare budgets, track expenditures, and provide timely cost information to guide commercial decisions.

The role requires a Bachelor’s degree in a related field and at least five years of experience in cost estimation and cost control, with strong Excel skills and a data-driven mindset.

Qualifications

• Bachelor's degree in a relevant discipline is required.
• Five years of cost estimation and cost control experience or more.
• Experience in preparing cost estimates and monitoring expenditures.
• Advanced Excel proficiency with data models and complex formulas.

Responsibilities

• Prepare and update project cost estimates using scope documents, drawings and quotations.
• Develop cost breakdowns for materials, labour, equipment and other costs.
• Maintain cost registers and track budgets, commitments and actual expenditure.
• Prepare periodic cost reports showing budget utilisation and forecast costs.
• Support ITB/tender preparation with cost estimates and cost comparisons.
• Assess cost impact of scope changes and variations; maintain change registers.
• Develop Excel workbooks for estimating, forecasting and reporting.
• Coordinate cost inputs with Engineering, Project Management, Finance and Procurement.

Skills

Cost estimation

Cost control

Budget forecasting

Data analysis

Education

Bachelor's Degree in Quantity Surveying, Finance, Accounting, Engineering, Construction Management or related discipline

Tools

Microsoft Excel

XLOOKUP

VLOOKUP

INDEX and MATCH

SUMIFS

COUNTIFS

IF and IFERROR

PivotTables

Data Validation

Conditional Formatting

Workbook Reconciliation

Job description

Prepare reliable project cost estimates and support effective cost control throughout project development and execution. Monitor budgets, commitments, expenditure and forecasts to provide timely cost information, identify potential overruns and support informed project and commercial decisions in accordance with Company procedures.

Key responsibilities

Prepare and update project cost estimates using scope documents, drawings, quantities, historical data and supplier or contractor quotations. Develop cost breakdowns for materials, equipment, labour, subcontracting and other project costs, recording assumptions, exclusions and contingencies.

Maintain cost registers and track approved budgets, purchase orders, contractual commitments, actual expenditure and accruals. Reconcile cost information with Finance, Procurement and project teams, investigate discrepancies and highlight potential budget overruns promptly.

Prepare periodic cost reports showing budget utilisation, actual and committed costs, forecast cost to complete and estimated final project cost. Analyse variances, explain the main cost drivers and recommend corrective actions.

Support ITB and tender preparation through cost estimates, pricing schedules, bills of quantities where applicable and bidder cost information. Review quotations and commercial submissions, prepare cost comparisons and assist with pricing clarifications and cost evaluation.

Assess the cost impact of scope changes and variation proposals, maintain change registers and support budget updates following approval. Verify contractor progress claims and payment supporting documents against contractual terms and recorded progress.

Develop and maintain Excel workbooks for estimating, cost tracking, forecasting and reporting. Apply appropriate formulas, validation checks and reconciliation controls to maintain accurate, consistent and traceable data.

Coordinate cost inputs with Engineering, Project Management, Finance and Procurement. Maintain supporting records for estimates, approvals, reports and audit reviews, and ensure cost activities comply with Company procedures, contractual requirements and the LOA.

About you

Bachelor's Degree in Quantity Surveying, Finance, Accounting, Engineering, Construction Management or another related discipline.

Minimum five years of relevant working experience or more, with practical exposure to both cost estimation and cost control for projects.

Demonstrated experience in preparing cost estimates and budgets, monitoring commitments and expenditure, forecasting project costs and analysing cost variances.

Extensive hands-on experience using Microsoft Excel to manage substantial cost data, build calculation models and prepare accurate reports.

Advanced Microsoft Excel proficiency, including XLOOKUP or VLOOKUP, INDEX and MATCH, SUMIFS, COUNTIFS, IF and IFERROR, and relevant financial or statistical formulas. Strong working knowledge of PivotTables, data validation, conditional formatting and workbook reconciliation is required.

Ability to structure large datasets, link and check calculations, identify errors and maintain auditable cost models.

Sound understanding of cost estimating methods, budget control, accruals, commitments, forecasting and variance analysis.

Strong numerical and analytical skills, attention to detail and ability to assess the cost implications of project scope and contractual changes.

Clear communication, effective coordination across departments and ability to meet deadlines while handling confidential commercial information.

Experience in the oil and gas industry is an added advantage. Experience with EPCC and EPIC projects is an added advantage. Experience supporting ITB processes is an added advantage.

At Gas Malaysia, we are in the business of powering homes and businesses with innovative energy solutions that are cost-efficient and environmentally friendly.

We aim to make life easier for the people of Malaysia. By offering a variety of energy solutions, from cooking your favourite dishes to supplying your factory with an efficient and clean source of energy.

Presently, Gas Malaysia provides clean, efficient and uninterrupted supply of Natural Gas and Liquefied Petroleum Gas to homes, commercial businesses and industries. Our energy solutions include new power generation techniques such as cogeneration and distributed generation.

As we continue to expand, we are committed to delivering more innovative solutions to improve the lifestyle of Malaysian homes and profitability of businesses.

OUR BUSINESS

As we move into our 29th year of operations, we at Gas Malaysia continuously aim to stay ahead of the energy solutions industry.

While generating revenue is a prime concern for any corporation, we believe that there is more to business than just sales and products. We hope that our provision of total energy solutions will benefit the nation in terms of enhanced living standards and profitability.

Innovative Energy Solutions for The Future

At Gas Malaysia, we are constantly exploring new cost-effective measures to provide the cleanest, safest, cost effective and reliable energy solutions for homes and businesses.

Our plans include the introduction of distributed generation, which will allow customers to produce their own electricity with gas driven co-generation facilities within their premises.

At Gas Malaysia, we are in the business of powering homes and businesses with innovative energy solutions that are cost-efficient and environmentally friendly.

We aim to make life easier for the people of Malaysia. By offering a variety of energy solutions, from cooking your favourite dishes to supplying your factory with an efficient and clean source of energy.

Presently, Gas Malaysia provides clean, efficient and uninterrupted supply of Natural Gas and Liquefied Petroleum Gas to homes, commercial businesses and industries. Our energy solutions include new power generation techniques such as cogeneration and distributed generation.

As we continue to expand, we are committed to delivering more innovative solutions to improve the lifestyle of Malaysian homes and profitability of businesses.

OUR BUSINESS

As we move into our 29th year of operations, we at Gas Malaysia continuously aim to stay ahead of the energy solutions industry.

While generating revenue is a prime concern for any corporation, we believe that there is more to business than just sales and products. We hope that our provision of total energy solutions will benefit the nation in terms of enhanced living standards and profitability.

Innovative Energy Solutions for The Future

At Gas Malaysia, we are constantly exploring new cost-effective measures to provide the cleanest, safest, cost effective and reliable energy solutions for homes and businesses.

Our plans include the introduction of distributed generation, which will allow customers to produce their own electricity with gas driven co-generation facilities within their premises.