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Engineering Cost Manager

1 week ago

Makati City, National Capital Region, Philippines Palawan Group of Companies Full time
Job Description

We are seeking a highly skilled Cost Control Engineer to join our team at Palawan Group of Companies.

Key Responsibilities:
  • Monitor actual costs against project budget
  • Track expenditures on labor, materials, and equipment
  • Identify variances between budgeted and actual costs

Cost Tracking: Monitor actual costs against the project budget and track expenditures on labor, materials, and equipment.

Variance Analysis:
  • Analyze cost variances to determine root causes
  • Develop corrective action plans to mitigate cost overruns
  • Identify opportunities for cost savings

Change Order Management: Review and approve change orders, assess the impact of change orders on project costs and schedule, and negotiate with contractors and suppliers to minimize cost increases.

Progress Reporting:
  • Prepare regular progress reports, including cost and schedule updates
  • Communicate project status to stakeholders
Forecasting:
  • Forecast future costs based on historical data and current trends
  • Identify potential cost risks and develop mitigation strategies
Requirements

To be successful in this role, you will need:

  • Bachelor's degree in Engineering, Construction Management, or related field
  • Proven experience in cost estimation, budgeting, and financial analysis within an engineering or project-based environment

Knowledge:

  • Strong analytical skills with ability to interpret complex financial data
  • Knowledge of engineering principles, terminology, and project management concepts
  • Familiarity with ERP systems and project management software
  • Proficiency in cost control software and tools
  • Knowledge of project management methodologies and principles

Skills:

  • Excellent communication and interpersonal skills to effectively collaborate with cross-functional teams
  • Proficiency in financial modeling and analysis tools
About Us

Palawan Group of Companies is a dynamic organization seeking a skilled Cost Control Engineer to join our team.

Seniority Level:

Mid-Senior level

Employment Type:

Full-time

Job Function:

Cost Control Engineer