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Budgeting and Forecasting Expert
2 weeks ago
To succeed as a Cost Control Engineer at Palawan Group of Companies, 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
Key Skills and 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
Responsibilities:
- Monitor actual costs against project budget
- Track expenditures on labor, materials, and equipment
- Identify variances between budgeted and actual costs
Variance Analysis: Analyze cost variances to determine root causes and develop corrective action plans to mitigate cost overruns.
Change Order Management:- Review and approve change orders
- Assess the impact of change orders on project costs and schedule
- Negotiate with contractors and suppliers to minimize cost increases
Progress Reporting: Prepare regular progress reports, including cost and schedule updates, and communicate project status to stakeholders.
Forecasting: Forecast future costs based on historical data and current trends, and identify potential cost risks and develop mitigation strategies.
About UsPalawan 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