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Roles & Responsibilities

  • Gather information to support timely cost data consolidation, analysis and reporting.
  • Understand the requirements of the approved cost control procedures and ensure proper implementation in the course of work.
  • Develop and maintain detailed cost control plans utilizing the organisation’s tools and best industry practices.
  • Set up the Cost Breakdown Structure, allocation of budget, resources and any other data required into the system.
  • Derive and consolidate the commitments and actual costs for one or more portions of the scope of work.
  • Review, analyze and update accurate forecasts.
  • Track budget variances and challenge budget owners on any deviation from the approved cost baseline.
  • Generate and distribute internal cost report for part or the entire scope of work on a regular basis and as per Company standards.
  • Reconcile project cost reporting with accounting and financial records.
  • Review subcontractors’ invoices for accuracy and completeness and ensure that costs are allocated with the correct coding.
  • Review Change Order requests and/or potential variations that impact project budget and forecasts and maintain an appropriate register.
  • Establish appropriate coordination with other project functions to ensure compatibility with the Cost Control requirements and the timely flow of information.
  • Contribute and participate in the Project Risk Management process by providing cost input and identifying potential budget and forecast impacts for risk’ occurrences.
  • Perform cost risk analysis to define an accurate contingency reserve by using company tools and best industry practices.
  • Provide guidance and support to less-experienced cost control staff as required.

Requirements

  • Degree in Engineering, Business Management or equivalent.
  • Minimum 8 years of relevant work experience.
  • Proficient in using SAP.
  • AACE certification is preferred.
Roles & Responsibilities
  • Gather information to support timely cost data consolidation, analysis and reporting.
  • Understand the requirements of the approved cost control procedures and ensure proper implementation in the course of work.
  • Develop and maintain detailed cost control plans utilizing the organisation’s tools and best industry practices.
  • Set up the Cost Breakdown Structure, allocation of budget, resources and any other data required into the system.
  • Derive and consolidate the commitments and actual costs for one or more portions of the scope of work.
  • Review, analyze and update accurate forecasts.
  • Track budget variances and challenge budget owners on any deviation from the approved cost baseline.
  • Generate and distribute internal cost report for part or the entire scope of work on a regular basis and as per Company standards.
  • Reconcile project cost reporting with accounting and financial records.
  • Review subcontractors’ invoices for accuracy and completeness and ensure that costs are allocated with the correct coding.
  • Review Change Order requests and/or potential variations that impact project budget and forecasts and maintain an appropriate register.
  • Establish appropriate coordination with other project functions to ensure compatibility with the Cost Control requirements and the timely flow of information.
  • Contribute and participate in the Project Risk Management process by providing cost input and identifying potential budget and forecast impacts for risk’ occurrences.
  • Perform cost risk analysis to define an accurate contingency reserve by using company tools and best industry practices.
  • Provide guidance and support to less-experienced cost control staff as required.
  • Degree in Engineering, Business Management or equivalent.
  • Minimum 8 years of relevant work experience.
  • Proficient in using SAP.
  • AACE certification is preferred.

Interested?

Interested candidates are welcome to send their motivation letter and resume in MS Word (.doc or .docx) format before 06 May 2025 to:

Apply Here

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