Cost Controller

Asian Terminals Inc. (ATI); Manila; On-site; PHP 400,000 - 650,000; Full time

Job summary

Asian Terminals Inc. (ATI) in Manila seeks a skilled professional to oversee budgeting, cost control, and payments for construction projects.

The role includes validating variations and claims, forecasting finances, and coordinating with multiple departments to ensure alignment with project objectives. The candidate should have a civil engineering or related degree and at least two years of construction experience, with strong communication skills to liaise with treasury, procurement, contracts,

Qualifications

• Bachelor’s degree in Civil Engineering, Construction Management, or Quantity Surveying.
• With 2-year professional experience in construction on projects.
• With good communication skills.

Responsibilities

• Budget Monitoring: Monitor spendings vs AFEs and manage up to 20 AFEs.
• Cost control and Payment Management: Review Interim Payment Applications and coordinate with treasury.
• Variation & Claim Validation: Review change orders and claims to prevent overbilling.
• Financial Forecasting: Reconcile actuals and forecasts through project completion.
• Cross-Department Coordination: Align cost data with Procurement, Contracts, and Project Teams.

Skills

Budget Monitoring

Cost control

Payment Management

Variation & Claim Validation

Financial Forecasting

Cross-Department Coordination

Education

Bachelors in Civil Engineering

Construction Management

Quantity Surveying

Job description

The person is responsible in budget monitoring, cost control and payment management, variation and claim validation, financial forecasting and cross- department coordination.

Key Accountabilities

• Budget Monitoring: Monitor spendings vs Authorization For Expenditures (AFEs). Job will require monitoring of up to 20 AFEs
• Cost control and Payment Management: Review and approve Interim Payment Applications received from Project Team. Management of Interim Payment Application process until a certificate is issued. Coordinate between treasury and project team once certified.
• Variation & Claim Validation: Review contractor change orders and claims against original awarded packages to prevent overbilling.
• Financial Forecasting: Reconcile actuals and forecast spending to completion allowing for retention release at ToC and 12 months after ToC.
• Cross-Department Coordination: Reconcile cost and financial data by aligning with Procurement, Contracts, and Project Teams.

Qualities, Skills and Experience

• Bachelor’s degree in Civil Engineering, Construction Management, or Quantity Surveying
• With 2-year professional experience in construction on projects.
• With good communication skills