Project Cost Engineer Full Time

General Characteristics (Job Summary)

– Key role of cost control in Engineering & Construction project
– Understand variety of the field’s concepts, practices, and procedures.
– Compliance with the law

Roles & Responsibilities

– Perform or supervise project/construction cost control activities, develops cost control programs and coordinate integrated cost control activities under standard procedure and system.
– Produce routine project/construction cost and financial reports for submission to field control manager and construction manager.
– Support customer payment application and invoicing process by preparing payment applications accurately and on time
– Verify bottle neck of collecting money and set up resolution.
– Calculate and record cost impact caused by change order.
– Estimate and record the cost of back charge to subcontractors.
– Review whether vendor’s estimation is reasonable and meet SECL’s requirements.
– Interface with accounting, procurement, engineering and other groups where necessary for the implementation of common cost coding and work breakdown structure across the project.
– Perform basic project/construction cost control activities in accordance with approved procedure.
– Receive and check subcontractor’s invoices.
– Research material price and cost of subcontractor tendency.
– Assist to produce cost report.
– Organize change order history to analyze cost impact.
– Receive vendor’s estimation.
– Collect manpower, work volume and schedule to estimate cost effectively.
– SAP operation (V/O,P/R, P/O Creation, Invoice Posting, Bond  Registration).
– Receive and Check Materials, Services, Rental Manpower & Equipment invoices.
– Prepare Construction 3vmonths Cash flow forecast.
– Cube MDG Operation (Vendor Registration).
– Review and check Monthly Progress Payment Certificate of the Subcontractors in accordance with Subcontract BOQ (Bill of Quantity and Rates).
– To develop  the  contractual  requirements  relating  to  cost  control  &  estimation,  invoicing  of  payment  &  variations  to  be stipulated in the agreements.
– Monitor, for subcontracts and other significant items, progress and the value of work done.
– Liaise with EPC and Installation functions, to maintain awareness of project/construction activities and their impact on the project/construction budget, schedule and cost forecast
– Preparation of client invoice.
– Analyze committed costs and activities to-date (actual vs budget performance and productivity).
– Review monthly the forecasts to complete, any deviation from baselines and the effect of the corrective actions taken by PM/CM.
– Preferred “Joint Venture Projects Cost Control Experience for the megasize Oil and Gas Hydrocarbon Projects”

Experience

– In cost control
– Project based cost control experience gained within the Oil and Gas industry or Petrochemical industry

Knowledge

– SAP skills
– Intermediate-to-advanced Microsoft Office skills (esp. Microsoft Excel)
– Comprehensive knowledge on overall cost control
– Knowledge in  Contract and Subcontracting
– Knowledge in Correspondence such as Letters

Job Specific Specialty

– Analytical thinker with demonstrated talent for planning, initializing and implementing operational procedures and streamlining complex work procedures.
– Technically strong in project cost planning, scheduling. calculation and reporting.
– Review Subcontract Agreement, Purchase Order, Change & Work Orders specially the price and unit rate.
– Operating  SAP System and data structure. Team lead and collaborator in any task to be assign
– Negotiation with subcontractor’s & Vendor’s
– Construction, Engineering, Procurement & Contracts

Minimum Education Level:

– Bachelor’s degree in related engineering major is preferred

Technical Skills / Competencies

– Planning / Scheduling
– Cost Management
– Resource Management
– Quality / Safety Management
– Progress Management
– System knowledge
– Client Management
– Inter-department Coordination
– Document Control
– Risk Management

• Excel
• Microsoft
• SAP.