Cost Engineer II
2 weeks ago
Job Description:
1. Engage in the preparation of budget in coordination with Engineering, SCM & Marketing.
2. Prepares cost to complete (Detailed and revised computed cost to complete required as early as possible; to be updated monthly thereafter).
3. Records all variances on Direct Cost (savings and overruns).
4. Evaluates and reviews all data entry in ORACLE.
5. Checks and records all project payables.
6. Gathers and verifies actual costs and reconciles with the accounting costs.
7. Initiates project cost review with PMT.
8. Prepares Cost Evaluation Reports.
9. Accountable for accurate analysis on variance and costs reports.
10. Reviews and sets priorities in allocation of project funds for PM’s guidance.
11. Receives, checks and verifies billings and payables prior to release of payment.
12. Coordinates with Planning Engineer and Quantity Engineer on progress accomplishment of activities.
13. Monitors weekly and monthly progress accomplishments and manpower productivity reports to be included in the Project Review of Operations/4WLA.
14. Checking of equipment utilization.
15. Monitors subcontractor’s accomplishments and billings.
16. Responsible for the follow-up of billing and collection of payment.
17. Takes the lead in the preparation, monitoring and reconciliation of change orders and additional works.
18. Assists Contract Administrator in preparation and computation/negotiation of claims.
19. All other works as deemed necessary to ensure compliance to the policies, procedures and instructions set out by the department.
Key Requirements:
• Bachelor's degree in civil engineering
• At least 2-3 years’ experience in Cost Engineering or in the same field.
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