Engineer (Cost Controller)
4 weeks ago
- Oversee and monitor the budget of on-going projects, compare the actual cost with the budget and analyze any major deviations from budget.
- Familiar with all individual cost elements of the budget to ensure accurate monitoring of costs.
- Analyse material cost, Manpower cost, plant cost etc on a day to day basis and correctly allocate to prime activities it belongs to.
- Raise red flags and major risks discovered (based on costs incurred and other financial criteria).
- Analyze costs of sub-contracts involved in the project and compare actual subcontractor costs with budgeted costs.
- Prepare the cash flow forecast under consideration of the expected flow of funds.
- Verify invoices and claims from suppliers and subcontracts to properly capture and record all project expenditures.
- Coordinate with procurement to check purchases against budget.
- Prepare CTC for the project and update the same quarterly.
- Provide cost control and planning advise to the project team as required.
- Develop monthly financial project report comparing actual incurred costs against plans.
Requirements
- Sound knowledge of Finance and Accounting practices.
- Experience in Infrastructure projects (Roads/ airports/marine etc).
- Basic knowledge of ERP Systems.
- Excellent ability to work in a multicultural environment.
- Excellent Communication Skills
- Knowledge in modelling and planning software used in construction (e.g., Primavera) advantageous.
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