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COST ENGINEER
2 months ago
JOB SUMMARY:
The Cost Engineer is responsible for managing and controlling the project cost in reference to the tendered budget. He/She is responsible for the implementation of commercial functions and ensures that the project is delivered based on contract requirements.
DUTIES AND RESPONSIBILITIES:
Monito and ensure that the project expenses are within the approved budget.Assist in preparing in-house estimates/Bill of Materials.Validate cost proposals submitted by the contractor prior to approval.Quarterly update the project cost due to material cost inflation.Evaluate, monitor, and record contractor's billings and change orders based on the contract amount.Evaluate, monitor, and record contractor's accomplishment reports based on submitted cash flow.Create summary reports of the actual expenses of the project versus the approved budget.Prepare the tabulation of bid proposals.Participate in checking the quantity of materials requested by the Materials Controller prior to sending them to Procurement.Monitor and record construction expenses based on requests and orders.Develop cost plan and analysis.Performs other related tasks that may be assigned to him/her from time to time.MINIMUM QUALIFICATIONS:
BS Civil Engineering graduate; preferably licensedWith at least three (3) years work experience as a Cost EngineerWith in-depth knowledge of engineering and construction practicesProficient in using Microsoft OfficeGood analytical and ability to assess numerical dataHighly organized and able to multitask