Cost Control Engineer

Lotte-Gulermak-EEI Joint Venture; Cebu City; On-site; PHP 500,000 - 800,000; Full time

Job summary

Lotte-Gulermak-EEI Joint Venture in Cebu City seeks a Cost Control Engineer to oversee budgeting and cost reporting for construction projects. You will monitor expenditures, prepare cost-to-complete estimates, and ensure accuracy of cost data.

The role collaborates with planning and quantity engineers, coordinates with PMT, and supports procurement. Strong numerical skills and experience with financial software and MS Office are essential.

Qualifications

• Proven work experience as a Cost Control Engineer or similar role.
• Solid knowledge of financial software and MS Office.
• Understanding of construction projects and engineering procedures.
• Ability to manage and analyze financial data for decision-making.
• Strong attention to detail and excellent numerical skills.

Responsibilities

• Evaluate and reviews all date entry in System/ monitoring.
• Assists in the preparation of Agreed Budget.
• Gathers and verifies actual costs and reconciles with the accounting cost.
• Coordinates with Planning Engineer and Quantity Engineer on progress accomplishments of activities.
• Prepares cost to complete.
• Initiates project cost review with PMT.
• Checks and records all payables.
• Records all variances on agreed budget (savings and overruns).
• Prepared Cost Evaluation Reports.
• Accountable for accurate analysis on variances and cost reports.
• Supporting procurement operations.
• Participating the meetings with subcontractors.
• All other technical office works.
• Establishing and controlling budgets
• Preparing Variation Order Proposal
• Reports directly to Cost Control and IPC Manager.
• Other related tasks that may be assigned.

Skills

Cost control

Financial analysis

MS Excel

Attention to detail

Numerical skills

Education

BSc degree in Engineering or relevant field

Tools

MS Office

Financial software

Job description

Job Responsibilities:

• Evaluate and reviews all date entry in System/ monitoring.

• Assists in the preparation of Agreed Budget.

• Gathers and verifies actual costs and reconciles with the accounting cost.

• Coordinates with Planning Engineer and Quantity Engineer on progress accomplishments of activities.

• Prepares cost to complete.

• Initiates project cost review with PMT.

• Checks and records all payables.

• Records all variances on agreed budget (savings and overruns).

• Prepared Cost Evaluation Reports.

• Accountable for accurate analysis on variances and cost reports.

• Supporting procurement operations.

• Participating the meetings with subcontractors.

• All other technical office works.

• Establishing and controlling budgets

• Preparing Variation Order Proposal

• Reports directly to Cost Control and IPC Manager.

• Other related tasks that may be assigned.

Qualifications:

• Proven work experience as a Cost Control Engineer or similar role.

• Solid knowledge of financial software and MS Office.

• Understanding of construction projects and engineering procedures.

• Ability to manage and analyze financial data for decision-making.

• Strong attention to detail and excellent numerical skills.

• with 10 years' experience as Cost Control

• BSc degree in Engineering or relevant field.