Senior Cost Engineer

3 hours ago

Manila, National Capital Region, Philippines First Balfour, Inc. Full time ₱1,200,000 - ₱2,400,000 per year

QUALIFICATIONS:

  • Bachelor's Degree in Civil, Electrical or Mechanical Engineering.
  • At least 8 years of construction experience specializing in quantity surveying, cost analysis, and contract evaluation.
  • Highly capable of analyzing project and business operations performance metrics.
  • With advanced knowledge in SAP, AutoCAD and MS Excel.
  • Preferably with experience in geothermal, hydropower and binary power plant works.
  • With good English communication skills, oral and verbal.

JOB DESCRIPTION:

The Cost Engineer is responsible for managing and controlling the Project cost in reference to the tender budget. He / She is responsible for the implementation of commercial functions and ensures that the Project is delivered based on Contract requirements.

BUDGET PREPARATION

  • Cost Split and Project Budget Allocation
  • Set-up SAP System Structure
  • Budget Rehash / Re-allocation

COMMERCIAL MONITORING AND CONTROL

  • Measurement of Work
  • Monitor and submit reports related to revenue, cash, cost, risks and opportunities, and commercial issues for proper action of Management
  • Practice cost control measures and ensure that resources requested and allocated for the Project are within the budget
  • Coordinate with the PMT including the Punchlist Crew all the closing - out requirements of the client.

CONTRACT MANAGEMENT

  • Variations and Claims on Contract
  • Interim Payment Application
  • Initiate contract closeout procedures in an appropriate amount of advance time prior to expected completion and final payment of the Project.
  • Ensure compliance to the terms and requirements of any Joint Venture or Consortium Agreement in place between the Company and others on the Project.
  • Bonds and Insurances

SUBCONTRACT MANAGEMENT

  • Closely coordinate with HO Procurement, Project Manager and Project Procurement Specialist in preparing and providing detailed and timely subcontract or major supply enquiries to meet Project requirements.
  • Participate in the Pre-order meetings with Vendors/Subcontractors to ensure that Project Commercial risks and opportunities are covered.
  • Manage subcontracts and major Vendor/Subcontract accounts including resolving variations and claims.
  • Payment of Subcontract Accounts
  • Monitor subcontractors and major vendor's performance against contractual documents in coordination with Operations staff
  • Assist and provide inputs to the Project Management Team in assessing the Vendor or Subcontractor's Performance for the project

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