(1082) Cost Control Engineer - Site based projects
Scope: Operate as a part of a team of Cost Engineers in the preparation of project budget & cost control reports, understand project estimates, and provide necessary cost and budget information to the Project Management and Corporate Management Key Responsibilities: • Understand all project cost estimates including material, personnel and equipment costs and coordinate with the proposals and the project engineers to clarify on any discrepancies. • Create a process of information flow with respect to each expense head, such as Equipment procurement, Logistics costs, Mobilization and demobilization of personnel, Material procurement and any other relevant costs. • Monitor costs and generate variance reports as and when required and forward to the Project Director for his perusal. Carry out assessment of potential variations/claims from sub-contractors as well as other vendors. • Submit reports on a periodic basis to the project management on the status of the costs incurred and the variations of the budgeted v/s actual. • Assist in preparation of monthly internal and client cost reports. • Participate in project review meetings and provide any cost related data as and when required by the members. • Interface and provide clarification and guidance to the project engineers and Accounts and provide assistance wherever required. • Perform related duties as and when directed by Direct Supervisor. • Assist in preparation of Monthly invoices to client. • Ensure that all reports are generated in compliance with HSE standards. Qualification: Engineering Degree with Cost Control knowledge. Minimum of 10+ years’ experience in the cost control function of large EPC/onshore oil & gas projects.