Posted At 2023-10-16 14:23:18

Cost Control

Brief Outline of Job Responsibilities:

v Keeps project management advised of the current cost status of all projects.

v Analyzes and controls costs, maintaining an orderly system of records and reports, measuring the progress of work accomplished, and forecasting the total cost incurred against the initial estimate for each project. 

v Analyzes and checks work and costs of a project on an ongoing basis and periodically prepares revised estimates and job cost reports.

v Measures the progress of projects and forecasts the actual cost of projects in relation to what the client has initially approved as the project cost. 

v Implements cost engineering policies and procedures for use to efficiently produce project-related cost reports. 

v Utilizes cost control and other computer software to prepare revised estimates and project cost reports.

v Classifies accounts and allocates cost coding and distribution, throughout the project, liaising with Finance and Accounting Departments' personnel as directed.

v Prepares regular and ad hoc cost control documents and reports, that are designed to facilitate readily understood and comprehensive project data. 

v Evaluate deviation from original estimates of projects and incorporate them into a revised budget as specified by Senior Management, and keep track of extra items to be billed to the client. 

v Undertakes similar or related tasks as assigned, such as participating in bid preparation and tender analysis, estimating, and planning tasks as directed by Senior Management.


Job Requirements:

v B.S. degree: in Engineering with an accounting minor.

v Minimum Experience: 4 years of experience in engineering with a cost engineering background.  Formalized training in cost engineering would be an advantage.

v Industry Type: Oil & Gas / Petrochemical/contracting company managing shutdown projects.

v Good communication Skills in English & Arabic.

v Certificates: Primavera/MS Projects.

v Proficient in MS Office.


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