Cost Planning Engineer

Full Time
Job Description

Role Purpose

Providing project scheduling and cost control support to department operations.
Providing budget and administration support and internal controls within the Department and to interface between Finance and the various Departments for the consolidation of the department budget.

Key Accountabilities & Activities

  • Prepare budget estimates and cost plans for new projects
  • Perform cost analysis and set up cost control budget for projects
  • Monitor project costs and provide cost control forecasts
  • Analyze project variances and manage cost reports
  • Conduct risk assessments and prepare risk mitigation plans
  • Coordinate with project managers and other project leads to gather all types of cost information
  • Ensure cost consciousness within the project team
  • Implement cost control tools and monitor their effectiveness
  • Resolve any discrepancies between estimated and actual costs

BACKGROUND, SKILLS & QUALIFICATIONS

Knowledge, Skills and Experience

  • Proven experience as a cost engineer or similar role
  • Strong knowledge of financial forecasting and risk analysis
  • Proficiency in cost management and cost control principles
  • Familiarity with project management software
  • Exceptional analytical and problem-solving skills
  • Excellent communication and presentation skills

Qualifications

  • BSc degree in Engineering, Accounting or relevant field