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You will be updated with latest job alerts via emailThe Cost Control Engineer coordinates in all aspects of the cost capturing, monitoring and forecasting effort for their assigned project with proper documentation. Ensures in delivering the complete suite of cost-control services and financial support for projects. This position maintains the project cost information, and with the Project Controls Lead shall oversee variations and revisions to existing budgets.
Principal Accountabilities
1. Implements approved departmental policies and procedures and ensures adherence with the processes implemented so that work is carried out in a controlled manner.
2. Monitors daily operations assigned for the cost control to ensure compliance with the established standards and procedures.
3. Develops cost structures for all activities, ensuring the agreement with the allocated budgets, plans and accurately assigning costs to designated items to provide better means for controlling day-to-day activities.
4. Maintains internal labor and project costs to allocated budget and flag deviations to project management.
5. Performs cost analysis and advises management on cost over-runs. Works with computerized databases to manage deviations and minimize costs.
6. Monitors and reviews accounts to ensure timely invoicing is done in an efficient manner.
7. Observes with all relevant safety, quality, health and environmental procedures to ensure a healthy and safe work environment.
8. Creates Budget Transfer Requests as directed by the project teams and provide feedback on alternative methods of construction
Full Time