Cost Engineer

COENS ENERGY PTE. LTD.; Singapore; Hybrid; SGD 60,000 - 90,000; Full time

Job summary

A leading energy solutions provider in Singapore is seeking a Cost Control Specialist to develop and maintain Project Cost Controls System for projects under Eur150M. The candidate must have at least 8 years of experience in engineering or construction, with a strong competency in MS Excel and familiarity with ERP systems, preferably SAP. This role involves ensuring timely reporting of costs, preparing monthly reports, and liaising with various departments to maintain the accuracy of cost expenditure.

Qualifications

• Minimum 8 years working experience in engineering & construction environment and minimum 5 years of cost control experience.
• High level of Competency in the use of MS Excel (Intermediate to Advance), Power Point and Word.
• Experience in ERP System (SAP preferred) and Cost Control System (EcoSys preferred).
• Experience in ERP System (SAP preferred) and Cost Control System (EcoSys preferred).

Responsibilities

• Ensure completeness and accuracy of revenue and cost reported timely.
• Liaise with Procurement & Subcontracts Leads and Project Managers to set up Work Breakdown Structure (WBS).
• Monitor and update the actual and committed costs periodically.
• Prepare monthly Cost Report and Client’s Reports.
• Liaise with Finance/Procurement/Operations to maintain accurate recording of cost expenditure.
• Prepare monthly Cost Report and Cash Flow.

Job description

Overview

Develop and maintain Project Cost Controls System and Management Reporting for project value less than Eur150M.

Responsibilities

• To ensure the completeness and accuracy of revenue and cost are reported on timely basis.
• Liaise with Procurement & Subcontracts Leads and Project Managers toreview and set up Work Breakdown Structure (WBS) and Work Package / project budgets.
• Preparing reports on revenue (as sold), internal budgets, commitments,budget transfers, change and variation orders; forecasts and cash-flows in-line with internal management reporting requirements;
• Monitors and updates the actual and committed cost periodically and analyses these costs and trends;
• Verify cost allocations according to Work Package;
• Prepare monthly Cost Report (Ms Excel or EcoSys) and GPR, and Client’s Reports as required;
• Prepare monthly Cash Flow and 15 weeks Cash Flow
• Monitor and identify variance from project current budget and previous EAC and report accordingly;
• Maintain Change Order, Budget Transfers, Trends Register and prepare supporting documents;
• Assist PMs and Project Commercial Managers with estimates and supporting documentation for CO to be submitted to Clients;
• Prepare billing memo with supporting documents for Finance to prepare invoices and entries into SAP;
• Internal liaison with Finance/Procurement/Operations to maintainefficient & accurate recording of cost expenditure and manage discrepancies for preparation of accurate and complete cost reports;
• Troubleshoot cost abnormalities in reporting data and liaise withrelevant parties as necessary;
• Provide the support to Finance for External Audit and Tax Audit; Support Project Manager with risk process and maintain an updated risk register;
• Support Project Manager to coordinate with all disciplines and providing input to the Manpower Management System (MMS);
• Prepare Project and Management ad hoc reports;
• Assist Senior Project Controls Manager to coordinate with SEA projects for cost report, GPR and risk register and prepare consolidation reports.
• Flexibility regarding physical location(s) where duties will be carriedout i.e. working in multiple locations throughout Singapore.
• International work assignments – Whilst not compulsory, a willingness to accommodate would be mutually beneficial.
• Due to the complex and fast track nature of many of Projects an extensive period of familiarisation is required. Hence it is envisaged that there will be a gradual transfer into all of the roles and responsibilities stated herein.

Job Requirements

• Diploma in Engineering or Science
• Minimum 8 years working experience in engineering &construction environment and minimum 5 years of cost control experience.
• High level of Competency in the use of MS Excel (Intermediate toAdvance), Power Point and Word.
• Experience in ERP System (SAP preferred) and Cost Control System (EcoSys preferred)