Cost Control Specialist

1 day ago


Doha, Baladīyat ad Dawḩah, Qatar Power International Holding Full time
Job Summary

The Cost Control Engineer plays a pivotal role in ensuring the financial health of projects by coordinating cost capturing, monitoring, and forecasting efforts. This position requires strong analytical skills to deliver accurate cost-control services and financial support to projects.

Key Responsibilities
  1. Monitor and control project costs, ensuring timely reporting and forecasting.
  2. Maintain accurate cost and commitment schedules, ensuring alignment with allocated budgets.
  3. Implement approved departmental policies and procedures to maintain a controlled work environment.
  4. Process and approve financial transactions, including MR, PO, S/C Agreement, PC, SRV, SIV, within 10 working hours of creation.
  5. Develop cost structures for activities, ensuring alignment with allocated budgets and plans.
  6. Verify cost allocations and reallocate as needed within 10 working hours of entry time.
  7. Conduct weekly site visits to verify progress measurements and upload verified BCWP into the ERP System within 24 hours.
  8. Maintain internal labor and project costs to allocated budget, flagging deviations to project management.
  9. Produce the Weekly Job Cost Report within 3 days from the end of the week.
Additional Responsibilities
  1. Assist in producing the Monthly Job Cost Report, achieving it within 15 days from the end of the month.
  2. Monitor and review accounts to ensure timely invoicing in an efficient manner.
  3. Review submitted client invoices, producing Over/Under Invoicing calculations within 3 days from the end of the month.
  4. Observe all relevant safety, quality, health, and environmental procedures to ensure a healthy and safe work environment.
  5. Receive no more than 1 non-compliance per month across all projects, related to QA or HSE.
  6. Provide accurate calculations of budget transfer and achieve no more than 10% correction at final approval stage.
Job Knowledge & Skills
  1. Knowledge of cost control packages such as CCS (Candy) is a distinct advantage.
  2. Proficiency in MS Project, Primavera Scheduling, and ERP systems, preferably SAP.
  3. Strong understanding of project cost planning, scheduling, and reporting.
  4. Knowledge of Quality Management Systems.
Job Experience

Minimum 8 years of working experience, with 5 years of relevant experience, and 2 years of GCC experience being a plus.

Competencies
  1. Collaboration
  2. Accountability
  3. Resilience
  4. Quality
  5. Leadership
  6. Claim Studies L3
  7. Projects-Commercial L3
  8. Cost Control L3
  9. Cost Estimating L3
  10. Financial Reporting L3
Education

Professional degree in MMUP Engineer Registration (UPDA) or Bachelor's Degree in Civil Engineering or Engineering.



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