Costing Manager

RUNH POWER PTE. LTD.; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

RUNH POWER PTE. LTD. in Singapore seeks an experienced Cost Engineer to lead cost control system construction, budgeting, and cost management for large thermal power projects.

You will oversee investment and design estimates, budgets, cost variance analysis, and settlements with clients and subcontractors. A minimum of 5 years in overseas power projects and a degree in related fields are required.

Qualifications

• Bachelor's degree or above in Power Engineering, Cost Engineering, Engineering Management, or related majors.
• Certified Cost Engineer qualification is preferred.
• 5+ years of cost management / quantity surveying experience in overseas power projects with full lifecycle cost control.

Responsibilities

• Cost Control System Construction: Establish project cost management standards, pricing bases, and process guidelines.
• Full-Process Cost Control: Lead preparation and auditing of investment estimates, design estimates, and budgets.
• Variation & Quantity Management: Verify takeoffs, perform variation pricing, and audit ledgers.
• Settlement & Subcontractor Cost Control: Lead final accounts and negotiate with clients; audit subcontractor settlements.
• Other Duties: Complete other cost management tasks assigned by the Deputy General Manager of Engineering.

Skills

Cost management

Quantity surveying

Budgeting

Cost variance analysis

Risk prediction

Power engineering knowledge

Communication

Education

Bachelor's degree or above in Power Engineering or related majors

Job description

Key Responsibilities

• Cost Control System Construction: Establish project cost management standards, pricing bases, and process guidelines covering design estimates, working drawing budgets, variation pricing, and final accounts according to international engineering cost practices.
• Full-Process Cost Control: Lead the preparation and auditing of investment estimates, design estimates, and construction budgets. Dynamically monitor cost execution, perform cost variance analysis, and propose optimization measures.
• Variation & Quantity Management: Responsible for quantity takeoff verifications, variation pricing calculations, and audit ledgers. Support the commercial team with cost measurements and evidence compilation for claims and counter-claims.
• Settlement & Subcontractor Cost Control: Lead final accounts preparation and negotiations with clients. Audit subcontractor final settlements and manage subcontractor cost risks. Output cost analysis reports regularly.
• Other Duties: Complete other cost management tasks assigned by the Deputy General Manager of Engineering.

Job Requirements

• Bachelor's degree or above in Power Engineering, Cost Engineering, Engineering Management, or related majors. Certified Cost Engineer qualification is preferred.
• 5+ years of cost management / quantity surveying experience in overseas power projects, with full-lifecycle cost control experience on large thermal power projects.
• Familiar with international engineering costing rules, pricing models, and norm systems.
• Solid power engineering knowledge with strong skills in cost calculation, variance analysis, and risk prediction.
• Good communication and coordination skills.