Project Costing Specialist

Grunes Energie Systems Corporation; Taguig; On-site; PHP 500,000 - 800,000; Full time

Job summary

An energy solutions company based in Taguig is looking for a Project Cost Estimator. The successful candidate will be responsible for developing cost estimates and budgets, monitoring project costs, and preparing financial reports. The role requires a Bachelor's degree in a related field and at least 3 years of experience in project costing or estimating. Ideal applicants will possess strong analytical skills, attention to detail, and proficiency in MS Excel.

Qualifications

• 3+ years of experience in project costing, estimating, or project controls.
• Strong knowledge of cost estimation, budgeting, and cost control methodologies.
• Experience in preparing project cost breakdowns, budgets, and variance analyses.

Responsibilities

• Develop accurate cost estimates and establish project budgets.
• Monitor actual project costs against budgeted figures regularly.
• Prepare regular financial reports and analyze variances.

Skills

Cost estimation

Budgeting

Financial reporting

Variance analysis

Analytical skills

Attention to detail

Collaboration with teams

Education

Bachelor’s degree in Engineering, Accounting, Finance, Quantity Surveying, or related course

Tools

MS Excel

Job description

Responsibilities

• Cost Estimation & Budgeting: Develop accurate cost estimates for new projects based on project scope, resource requirements, and historical data; work closely with project managers and stakeholders to establish project budgets; identify and quantify potential cost risks.
• Project Cost Tracking & Monitoring: Monitor actual project costs against budgeted figures on a regular basis; track labor, material, equipment, subcontractor, and overhead costs; ensure all project‑related expenditures are recorded properly and timely.
• Financial Reporting: Prepare regular financial reports, including cost performance reports, forecasts, and variance analyses; report budget overruns or cost savings to management and suggest corrective actions; present cost data in meetings with project teams and finance.
• Variance Analysis: Analyze variances between actual and budgeted/projected costs; investigate reasons for deviations and work with relevant departments to correct them; provide recommendations for cost improvements or efficiency gains.
• Project Accounting: Ensure accurate and complete accounting entries related to project costs; reconcile project accounts and ensure they are aligned with the company’s general ledger; assist with month‑end and year‑end closings related to project costs.
• Resource Planning Support: Collaborate with procurement and human resources to forecast and plan project resource requirements; ensure that costs of labor, materials, and equipment are properly allocated to the correct projects.
• Compliance & Controls: Ensure all project costing processes comply with company policies and regulatory requirements; assist in internal and external audits by providing necessary cost documentation and explanations.

Job Requirements

• Bachelor’s degree in Engineering, Accounting, Finance, Quantity Surveying, or any related course

• At least three (3) years of experience in project costing, estimating, or project controls

• Strong knowledge of cost estimation, budgeting, and cost control methodologies

• Experience in preparing project cost breakdowns, budgets, and variance analyses

• Ability to analyze project plans, drawings, and technical specifications

• Proficient in MS Excel and other cost analysis or estimating tools

• Strong numerical, analytical, and problem‑solving skills

• High attention to detail and accuracy

• Ability to work collaboratively with project managers, engineers, and finance teams

• Ability to handle confidential project and financial information professionally