Cost Engineer

Erm Builder; Quezon City; On-site; PHP 334,800 - 502,200; Full time

Job summary

A construction firm is seeking a Cost Estimator in Quezon City, Philippines. The role involves preparing detailed cost estimates, managing project budgets, and negotiating contracts with suppliers. The ideal candidate is a graduate in Civil Engineering or Construction Management with 1-3 years of supervisory experience, fluent in both English and Tagalog. This position requires on-site work at SAMPALOC Tanay, Rizal.

Qualifications

• Minimum 1-3 years of experience at Officer/Supervisory level.
• Experience in projects with high voltage transmission lines.
• Preferably licensed as a Civil or Construction Engineer.

Responsibilities

• Develop accurate and detailed cost estimates for construction projects.
• Establish and maintain project budgets for resource allocation.
• Negotiate cost-effective contracts with vendors and subcontractors.
• Communicate project costs effectively to stakeholders.

Skills

Fluent in English

Fluent in Tagalog

Cost estimation

Budget management

Risk management

Contract negotiation

Education

Graduate of Civil Engineering

Graduate of Construction Management

Job description

Cost Estimation

• Prepare Cost Estimates: Develop accurate and detailed cost estimates for construction projects, including labor, materials, equipment, and overhead costs.
• Assess Project Scope: Analyze project blueprints, specifications, and other documents to prepare realistic cost estimates for project budgets.
• Review Tender Proposals: Review and evaluate tender submissions and bid proposals from contractors and suppliers to ensure cost-effectiveness and compliance with project specifications.

Budget Development and Management

• Create and Manage Budgets: Establish and maintain project budgets, ensuring accurate allocation of resources to avoid cost overruns.
• Cost Monitoring: Track project expenditures and compare them against the approved budget, identifying and addressing any discrepancies.
• Value Engineering: Suggest cost‑saving measures or value engineering options without compromising quality, safety, or project timelines.

Cost Control and Reporting

• Track Cost Variances: Identify and analyze any cost variances between budgeted and actual expenditures. Provide regular reports on cost status to senior management.
• Forecasting: Provide accurate forecasts for future project costs and expenditures, anticipating potential financial challenges.
• Change Order Management: Review and process change orders from contractors, assessing their financial impact on the project and ensuring they are incorporated into the project’s budget and schedule.

Contract and Vendor Management

• Contract Analysis: Review contracts with suppliers, contractors, and subcontractors to ensure that they are in line with project budgets and timelines.
• Negotiations: Negotiate cost‑effective contracts with vendors and suppliers, ensuring the best value for money for materials, labor, and equipment.
• Procurement Support: Support procurement teams in sourcing materials and services while ensuring cost control measures are in place.

Project Documentation and Record Keeping

• Maintain Cost Records: Ensure that all cost‑related documents, contracts, invoices and receipts are accurately recorded and easily accessible.
• Prepare Reports: Generate periodic financial reports and cost analysis documents for project stakeholders, providing insights into project cost status, risks and performance.

Risk Management

• Identify Financial Risks: Anticipate potential risks that could affect the financial aspects of a project, such as cost overruns, delays, or unforeseen expenses.
• Implement Mitigation Strategies: Propose strategies to minimize financial risks and ensure that projects stay on budget.

Collaboration and Communication

• Coordinate with Project Teams: Work closely with project managers, architects, engineers and other stakeholders to align on project goals and cost management strategies.
• Stakeholder Communication: Communicate effectively with internal and external stakeholders, ensuring that project budgets and cost information are clearly understood and adhered to.
• Client Reporting: Provide clients with regular updates on project costs, ensuring transparency and building trust.

Qualifications

• Must be Graduate of Civil Engineer or Construction Management
• Experience in project with high voltage transmission line
• Preferably Licensed if Civil / Construction Engineer
• Can communicate in Both English and Tagalog fluently
• Must have at least 1‑3 years working experience Officer/ Supervisory level
• Can work on Site (SAMPALOC Tanay, Rizal)
• Working days: Monday to Friday
• Working hours: 8:00 am - 5:00 pm
• Work condition: On site