Cost Control Engineer

2 days ago


Doha, Baladīyat ad Dawḩah, Qatar Trags Engineering Full time

A Cost Control Engineer is responsible for managing project costs and ensuring that they remain within budget constraints.

Responsibilities
  1. Perform cost engineering functions including budget preparation, cost control, cost forecasting and reporting.
  2. Encourage the project team to be in line with the cost plan at all stages of the project and follow cost control procedures for the projects.
  3. Develop and execute cost control measures across the projects, analyze and identify improvements.
  4. Analyze material purchase orders compared to budget as part of the review process, and allocate proper budget heads based on cost code allocation for cost tracking.
  5. Prepare and maintain cost codes for existing and any new material orders across the disciplines.
  6. Monitor the status and actual cost for laborers, equipment & sub-contractors.
  7. Prepare project cost reporting from the project team data for management's review on a monthly basis to ensure that expenditures are kept within the project budget.
  8. Maintain project personnel relationships with individual discipline group leaders and provide cost control advice to the project management team as and when required.
  9. Ensure project costs are always reported against the approved budget and any variations to the budget are identified and reported.
  10. Ensure project cost risks are properly controlled, and whenever necessary, give proper recommendations and issue corrective/preventive actions.
  11. Assist project controls manager in the development and management of the cost control systems to provide management with accurate cost information.
  12. Undertake any ad-hoc duties as required.
Qualifications

Bachelor Degree in Engineering (Mechanical/Electrical)

Software Knowledge

Autocad, Oracle, MS Office, Power BI, etc.

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