Cost Control Engineer

Job SummaryThe Cost Control Engineer coordinates in all aspects of the cost capturing, monitoring and forecasting effort fortheir assigned project with proper documentation. Ensures in delivering the complete suite of cost-controlservices and financial support for projects. This position maintains the project cost information, and with theProject Controls Lead shall oversee variations and revisions to existing budgets.Job Responsibilities 1 Monitor, control and report on projects in terms of cost history and forecastMaintain planned and actual cost and commitment schedules.Maintain internal labor and project costs to allocated budget.Create Budget Transfer Requests as directed by the project teamsImplement approved departmental policies and procedures and ensures adherence with the processes implemented so that work is carried out in a controlled manner.Receive no more than 5 non-compliances per month and ensure there resolution 100% within 10 daysManage cost control on site and be able to complete and confirm all works within budget.Monitor daily operations assigned for the cost control to ensure compliance with the established standardsand procedures.Process and Approve MR, PO, S/C Agreement, PC, SRV, SIV within 10 Working Hrs. of their creation.Develops cost structures for all activities, ensuring the agreement with the allocated budgets, plans andaccurately assigning costs to designated items to provide better means for controlling day-to-day activities.Daily verifications of the cost allocation of transaction to cost codes and reallocating as needed within 10working Hrs. of the entry time.Visits the Sites at least once weekly to verify the progress measurementsUploads the verified BCWP into the ERP System no later than 1 days after the Cut of DateMaintains internal labor and project costs to allocated budget and flag deviations to project management.Be able to reflect the workforce Productivity report and Man-hour trends and include in MJCRPerform cost analysis and advises management on cost over-runs. Work with computerized databases tomanage deviations and minimize costs.Produce the Weekly Job Cost Report within 3 Days from the end of the weekJob Responsibilities 2Assist in the Production of the Monthly Job Cost Report and achieve it within 15 days from the end of theMonitor and review accounts to ensure timely invoicing is done in an efficient manner.Review submitted client invoices and studies the variance from realistic values by producing Over/UnderInvoicing calculations within 3 days from the end of the monthObserve with all relevant safety, quality, health and environmental procedures to ensure a healthy and safework environment.Receive no more than 1 nacres per month across all projects, related to QA or HSE.Create Budget Transfer Requests as directed by the project teams and provide feedback on alternativemethods of constructionProvide accurate calculations of budget transfer and achieve no more than 10% correction at finalapproval stageAdditional Responsibilities 3Job Knowledge & SkillsKnowledge of cost control packages such as CCS (Candy) will be a distinct advantageKnowledge in the use of MS Project, Primavera SchedulingKnowledge in project cost planning, scheduling and reportingKnowledge on Quality Management SystemERP knowledge preferably SAP functional skills are a requirement to be successful in this role.Job ExperienceMinimum 8 year(s) working experience, 5 year(s) relevant working experience, 2 year (s) GCC is a plusCompetenciesCollaborationAccountabilityResilienceQualityLeadershipClaim Studies L3Projects-Commercial L3Cost Control L3Cost Estimating L3Financial Reporting L3EducationProfesional degree in MMUP Engineer Registration (UPDA)Bachelor's Degree in Civil Engineering or Engineering