Tuesday, May 28, 2013

Bayt.com Jobs: Cost Control Engineer

Bayt.com Jobs
Bayt.com is the #1 job site in the Middle East, offering a complete range of end-to-end employment solutions and career planning tools.
Cost Control Engineer
May 28th 2013, 11:06

Job Responsibilities:

• To keep a track of project efficiency and trends of costs incurred during entire project period, spanning from pre-mobilization stage to final-closeout stage, through detailed analysis.
• To analyze financial data and reports for monitoring financial health of the projects and informing management in case unfavorable variances are observed.
• Support project team for smooth launching of the project with respect to financial systems and procedures, as laid down in the planning and execution manual.
• Analyze financial data to ensure that appropriate financial procedures are being followed.
• Analyze Balance Cost to Complete (BCTC) prepared by project team for its completeness and correctness.
• Monitor usage of materials and consumables to compare it against standards and budget provisions.
• Conduct audits of procedures and systems, responsible for cost calculation and control at site as per agreed schedule.
• Ensure budgeted documents are up to date, and record their proper backup.
• Analyze weekly work performed vs. cost incurred and present report to the management.
• Authenticate budgetary provisions for any indents generated at site
• Review and reconcile all material received, issued and used for operations and calculate critical material wastages.
• Prepare monthly cost to complete and cost at completion of project.
• Prepare quarterly revenue vs. forecast report for management review.
• Prepare cost impact report if there is any variation in the scope of project.
• Prepare, analyze and present project analysis sheet on weekly and monthly basis to compare progress against baseline.

Job Details

Date Posted: 2013-05-28
Job Location: Mecca, Saudi Arabia
Job Role: Support Services
Company Industry: Construction/Civil Engineering; Construction
Monthly Salary: US $3,000

Preferred Candidate

Career Level: Mid Career
Gender: Male
Nationality: Indonesia; India; Jordan; Pakistan; Syria
Degree: Bachelor's degree / higher diploma

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