Cost Engineer

LBPascual Information Technology Solutions Corporation (LITS); Makati; On-site; PHP 550,000 - 850,000; Full time

Job summary

A technology solutions company located in Makati is seeking a skilled professional for a full-time role focused on cost engineering. The ideal candidate will have a bachelor's degree in engineering and 2–5 years of experience in cost control, budgeting, and financial reporting. Responsibilities include budget development, cost tracking using Oracle ERP, and collaboration with project teams. This position promises an opportunity to impact project financial success significantly.

Qualifications

• Bachelor’s degree in Mechanical Engineering, Electrical Engineering or a related field.
• 2–5 years of experience in cost engineering, preferably in construction or engineering industries.
• Strong analytical, budgeting, and forecasting skills.
• Experience in cost control, financial reporting, and risk assessment.

Responsibilities

• Develop and monitor project budgets, ensuring alignment with financial goals.
• Utilize Oracle ERP systems to track costs, forecasts, and financial performance.
• Conduct variance analysis between estimated and actual costs.
• Ensure accurate and real-time project cost tracking and reporting.
• Implement cost control measures to prevent budget overruns.
• Develop dashboards and reports for project cost tracking.

Skills

Analytical skills

Budgeting skills

Forecasting skills

Cost control

Financial reporting

Education

Bachelor's degree in Mechanical Engineering

Bachelor's degree in Electrical Engineering

Tools

Oracle ERP systems

Reporting dashboards

Job description

LBPascual Information Technology Solutions Corporation (LITS)

Negotiable

On-site - Makati 3-5 Yrs Exp Bachelor Full-time

Responsibilities

• Develop and monitor project budgets, ensuring alignment with financial goals.
• Utilize Oracle ERP systems to track costs, forecasts, and financial performance.
• Conduct variance analysis between estimated and actual costs.
• Ensure accurate and real‑time project cost tracking and reporting.
• Implement cost control measures to prevent budget overruns.
• Track expenditures and recommend corrective actions.
• Collaborate with project managers and procurement teams to ensure cost efficiency.
• Develop dashboards and reports for project cost tracking.

Job Requirements

• Bachelor’s degree in Mechanical Engineering, Electrical Engineering or a related field.
• 2–5 years of experience in cost engineering, preferably in construction or engineering industries.
• Strong analytical, budgeting, and forecasting skills.
• Experience in cost control, financial reporting, and risk assessment.