Strategic Cost Engineer for Capital Projects & Budget Control

Sappi; Umkomaas; On-site; ZAR 700,000 - 1,100,000; Full time

Job summary

Sappi, a leading global producer of paper and pulp, is seeking an experienced Project Cost Engineer in KwaZulu-Natal to manage cost control on medium to large capital projects. You will lead budgeting, cost forecasting, reporting and cost risk analysis, ensuring alignment with governance and tender processes, and provide accurate cost information to the Project Manager for sound decision making.

The role requires a relevant 3-year degree (Engineering or BCom) and experience in FEED/EPC

Qualifications

• Relevant 3-year degree (Engineering or BCom) and appropriate experience (NQF 7 qualification).
• Site construction experience would be advantageous.
• Proven track record in FEED (Front-end engineering design) and EPC phases of pulp & paper, refinery, oil & gas, petrochemical, or similar facilities, including revamp projects.
• Be fully versed with cost control principles, policies, procedures and financial systems.

Responsibilities

• Maintain a healthy project within the project budget and ensure compliance with project governance.
• Maintain financial control for a project and develop and execute the cost management plan to provide the Project Manager with accurate, up-to-date cost information to facilitate sound project decision-making.
• Generate detailed costing for bill of materials utilizing sourced market-related pricing.
• Finalise coding of all detailed estimate line items using baselined project control budget to establish package/control budgets.
• Monitor planning and progress of project achievements by using the project schedule to generate data and curves for each cost profile. Highlights any areas of concern with the cost owner for correction or comments thereof
• Participates in the financial aspects within the tender process
• Assign budget for procurement packages, perform budget reconciliation as per the scope and pricing, and produce reconciliation statement to support recommendations for award.
• Reviews payment applications in compliance with contract agreements and approves payment certificates. Highlights and resolves any payment applications not in line with contract agreements
• Record and maintain commitments based on procurement contracts, contract amendments, contract change notices, purchase order (PO) revisions
• Import detailed actual cost and commitment data into the cost system and run a complete detailed baseline cost report by package
• Participate in the trending and change management process and incorporate approved trends into the project estimate at completion.
• Update and maintain budget with approved project change notices (PCN)
• Generate cost reports and report on variances.
• Generate data and curves for each cost profile (baselines and periodic updates)

Skills

Cost control

Budgeting

Forecasting

Cost reporting

Cost risk analysis

Education

3-year degree in Engineering or BCom

NQF 7 qualification

Tools

PM2

Job description

Sappi, a leading global producer of paper and pulp, is seeking an experienced Project Cost Engineer in KwaZulu-Natal to manage cost control on medium to large capital projects. You will lead budgeting, cost forecasting, reporting and cost risk analysis, ensuring alignment with governance and tender processes, and provide accurate cost information to the Project Manager for sound decision making.

The role requires a relevant 3-year degree (Engineering or BCom) and experience in FEED/EPC