cost engineer

4 days ago

Biñan, Calabarzon, Philippines P.A. Alvarez Properties And Development Corporation Full time $40,000 - $60,000 per year

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:

  • Monitor 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 licensed
  • With at least two (2) years work experience as a Cost Engineer
  • With in-depth knowledge of engineering and construction practices
  • Proficient in using Microsoft Office
  • Good analytical and ability to assess numerical data
  • Highly organized and able to multitask

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