Role Summary
Reporting to the Project Controls Manager, the Cost Control Engineer will bridge the coordination gap between Contracts and Project Control teams by supporting the commercial team in the development of cost control duties that are specified in the contract.
The Cost Control Engineer’s duties will include collecting data to ensure conformity with contract directives, cost tracking and financial reporting.
These duties will add quality and value to the schedule cost loadings and verification of Primavera 6 (P6) generated cash flows.
Key Responsibilities
Responsibilities will include but are not limited to the following:
- Assisting in the development of procedures of cost management system and setting up the cost management tool Primavera Contract Manager (PCM)
- Implementing procedures and maintaining the Primavera Contract Manager
- Setting up the Project budget and schedule of lump sum prices in Primavera Contract Manager
- Reviewing the Design-Build Contract’s submitted Bill of Quantities and checking the consistency in terms of Program WBS and the cost management report
- Maintaining the log of approved or disapproved changes to project budgets
- Assisting in preparing the cash flow and encumbrance projections
- Forecasting costs analyses
- Running and analyzing earned value reports
- Monitoring and reporting project-level cost trends
- Reviewing the payment requisitions for reporting consistency and disallowing inappropriate costs on invoices
- Tracking the provisional sums/contingency
- Preparing executive information summary reports for program management staff
Job Details
| Date Posted: | 2014-02-02 |
| Job Location: | Riyadh, Saudi Arabia |
| Job Role: | Engineering |
| Company Industry: | Construction; Construction/Civil Engineering; Engineering |
Preferred Candidate
| Career Level: | Mid Career |
| Nationality: | Saudi Arabia |
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Date Posted: February 02, 2014 at 07:52AM
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Cost Engineer - Saudi National Only - Parsons International Limited
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