The main responsibility of the Cost Control Engineer is to provide the Project Services and Controls Manager and the Project Director, with reliable and timely data on the Project execution status financial results, trends and forecasts and to propose proactive solutions to counter any adverse trends which could jeopardize the Project Objectives
Update and Maintain the PMR
Update Cost Reports and Manpower Plans
Undertake other duties as required by the PSCM/Project Director
Project Budget Management
Update the Monthly Project Cost Reports (Cost Book, Manpower Plans)
Populate and issue PMR on a monthly basis
Control of PO Register
Participate to Cost and Schedule Sensitivity Analysis
Project Expenses Cost Control
Proactively flag all cost control issues to the PSCM and the Project Director
Provide support as required regarding Contract Variations
Prepare and review with the Project Contracts Engineers relevant outgoing contractual/cost correspondence
Ensure design changes are controlled commercially
Provide commercial advice to the Project Team as required
Act as Interface point for all project finance and accounting queries
Maintain cash flows, ensuring they are up to date
Review and respond to Contractors weekly and monthly reporting
Attend weekly/monthly meetings as required
Assist Project Team in cost matters during the project duration