Cost Engineer

SMEDD Corp.; Pasay; On-site; PHP 600,000 - 900,000; Full time

Job summary

SMEDD Corp. seeks a Civil Engineering professional to lead budgeting, cost control and risk management for development and redevelopment projects. The role involves coordinating with construction and project managers, validating budgets, and ensuring schedules align with approvals.

You will work at MOA, Pasay, bringing 2+ years of relevant experience and a professional license to drive cost performance and proactive financial oversight.

Qualifications

• Bachelor’s degree in Civil Engineering.
• Professional license relevant to the field.
• Preferably with 2 years related experience.
• Willing to be assigned at MOA, Pasay.

Responsibilities

• Monitors preparation and approval of Rate Cards and Provisional Contract; tracks schedule.
• Prepares initial budgets for New Development, Redevelopment and Improvement projects.
• Liaises with Construction Manager & Project Manager for materials per budget.
• Ensures Detailed Budget creation stays within approved parameters; assesses cost variance.

Skills

Budgeting

Cost control

Risk management

Project coordination

Education

Bachelor’s degree in Civil Engineering

Professional license relevant to the field

Tools

SAP

MTWO

SAP HANA

Job description

JOB DESCRIPTION

Project Initiation

• Monitors the preparation and approval of Rate Cards and General Construction Works Provisional Contract and provides tracker to ensure timely schedule or within the specified schedule

Budget Preparation

• Participates in meetings related to pre-construction activities (Coordinating Division, Internal & External Relationships)
• Prepares initial budget for New Development projects including Redevelopment and Improvement projects based on Design’s conceptual/schematic plan for approval
• Liaises with Construction Manager and Project Manager for specific materials/items based on the estimated listed items on the budget
• Ensures creation of Detailed Budget is within approved parameters set in Initial Budget; assess the validity of the cost variance in terms of deviation from the original intent from Initial Budget.
• Reviews and assess the detailed budgets provides Budget tracker to ensure timely schedule or within the specified schedule

Cost Control Management

• Reviews and analysis of “Request for Budget Movement” for correctness prior to Budget Head’s recommending approval
• Prepares actual cost performance of completed projects in comparison with the established KPI (eg. Cost per sq.m, Cost per TR, Cost per KW, Cost per KVA, ratio of concrete to BUA, ratio of rebar [kg] to concrete [cu.m])
• Evaluates actual cost accomplishment versus approved contract/budget
• Updates of Parametric Costs yearly (for New Mall Development, Redevelopment and Improvements)

Risk Management

• Identifies the potential project and contract risks/issues and recommends possible solutions
• Understands the process and utilizes the standard techniques and tools in risk identification and analysis

Technology Proficiency (SAP, MTWO, SAP HANA)

• Validates the SAP Budget Report vs the physical Approved Budget
• Reviews and analyze the Work Breakdown Structure (WBS) form submitted by other groups/teams in conformance to Approved Budget, re-align as necessary

JOB REQUIREMENT

• Bachelor’s degree in Civil Engineering
• Professional license relevant to the field
• Preferably with 2 years related experience
• Knowledgeable in Basic Construction
• Willing to be assigned at MOA, Pasay