Cost Engineer

Chun Construction & Trading, Inc.; Misamis Oriental; On-site; PHP 450,000 - 900,000; Full time

Job summary

Chun Construction & Trading, Inc. in Misamis Oriental seeks a Cost Estimator to manage estimates, BOQ/BOM, budgets, and cost control for construction projects.

You will analyze drawings, track expenditures, perform value engineering, prepare progress billings and forecasts, and review bids and change orders. Collaborate with project managers, engineers, and procurement to ensure accuracy, timely reporting, and adherence to the budget.

Qualifications

• Experience in cost estimation and budgeting for construction projects.
• Ability to analyze drawings and specifications for cost requirements.
• Proficiency in cost tracking, forecasting, and reporting.
• Familiarity with BOQ/BOM preparation and change order reviews.

Responsibilities

• Prepare detailed cost estimates, budgets, and BOQ/BOM.
• Analyze project drawings and specifications to determine cost requirements.
• Monitor project expenditures and track budget performance.
• Conduct cost analysis and value engineering to optimize project costs.
• Prepare progress billings, cost reports, and financial forecasts.
• Evaluate contractor bids, quotations, and change orders.
• Coordinate with project managers, engineers, and procurement teams.
• Ensure compliance with company policies and financial procedures.
• Identify cost risks and recommend mitigation strategies.
• Review, check, and verify purchase requests against approved BOQ/BOM and project budget.
• Ensure quantities, specifications, and cost allocations in purchase requests are accurate and within project scope.

Skills

Cost estimation

Budget management

Risk analysis

Project scheduling

Value engineering

Cost control

Financial reporting

Contract management

Analytical skills

Communication skills

Job description

· Prepare detailed cost estimates, budgets, and bill of quantities (BOQ/BOM)

· Analyze project drawings and specifications to determine cost requirements

· Monitor project expenditures and track budget performance

· Conduct cost analysis and value engineering to optimize project costs

· Prepare progress billings, cost reports, and financial forecasts

· Evaluate contractor bids, quotations, and change orders

· Coordinate with project managers, engineers, and procurement teams

· Ensure compliance with company policies and financial procedures

· Identify cost risks and recommend mitigation strategies

· Review, check, and verify purchase requests from site engineers against approved BOQ/BOM and project budget.

· Ensure quantities, specifications, and cost allocations in purchase requests are accurate and within project scope

Requirements

Cost Estimation Budget Management Risk Analysis Project Scheduling Value Engineering Cost Control Financial Reporting Contract Management Analytical Skills Communication Skills