Cost Control Engineer

Job Description

We are seeking an experienced Cost Control Engineer to support cost management and financial monitoring fora large-scale hospital development project in Singapore.

Key Responsibilities:

• Monitor and control project costs against the approved budget throughout the project lifecycle.
• Prepare and maintain project budgets, cost reports, forecasts and cost projections.
• Monitor actual expenditure, commitments, subcontract costs, procurement costs and variations.
• Analyse cost variances and identify potential cost overruns and cost risks.
• Prepare monthly cost reports and provide timely cost information to Project Management.
• Review subcontractor and supplier payment claims against contract terms, work progress and supporting documents.
• Monitor project variations, claims and their cost implications.
• Coordinate with Quantity Surveying, Commercial, Procurement, Planning and Project teams on cost-related matters.
• Assist in preparing cost forecasts and cash-flow projections.
• Maintain accurate records of project costs, commitments and commercial documentation.
• Provide cost analysis and reports to support project management and cost-control decisions.
• Perform other cost-control and commercial duties as assigned.

Job Requirements

• Degree or Diploma in Civil Engineering, Quantity Surveying, Construction Management, or a related discipline.
• Minimum 5 years of relevant experience in construction cost control.
• Relevant experience in hospital or healthcare construction projects is required.
• Experience in large-scale building construction projects will be an advantage.
• Good knowledge of construction cost management, budgeting, forecasting and cost reporting.
• Experience in monitoring subcontractor costs, procurement costs, variations and claims.
• Familiarity with construction contracts and commercial management practices.
• Proficient in Microsoft Excel and other cost-control/project management software.
• Experience with ERP systems is an advantage.
• Knowledge of Primavera P6 and integration of project schedule and cost information will be an advantage.
• Strong analytical, numerical and problem-solving skills.
• Good communication and coordination skills.
• Able to workindependently and meet project deadlines.