Cost Control Engineer
Key Responsibilities
- Monitor and control project costs against approved budgets throughout the project lifecycle to ensure financial compliance.
- Prepare and maintain detailed project budgets, cost reports, forecasts, and cost projections to support decision-making.
- Track actual expenditures, commitments, subcontractor costs, procurement costs, and variations to maintain accurate financial records.
- Analyze cost variances to identify potential cost overruns and risks, enabling proactive mitigation strategies.
- Generate and deliver monthly cost reports providing timely and accurate cost information to Project Management.
- Review subcontractor and supplier payment claims for compliance with contract terms, work progress, and supporting documentation.
Required competencies and certifications
- Degree or Diploma in Civil Engineering, Quantity Surveying, Construction Management, or a related discipline.
- Minimum 3 years of relevant experience in construction cost control.
Preferred competencies and qualifications
- Experience in large-scale building construction projects.
- Knowledge of construction cost management, budgeting, forecasting, and cost reporting.
- Experience monitoring subcontractor costs, procurement costs, variations, and claims.