Cost Control Engineer

Abu Dhabi, United Arab Emirates

Job Description

Adhere to the segment financial, business and project processes Address issues pertaining to project cost control procedures; Coordinate development and implementation of project work breakdown structure (WBS)/cost breakdown structure (CBS) in concert with Project Lead and Project Planning/Scheduling Engineer; Participate in the development of project execution plans; Participate in the development of estimates and studies within a project stage and for sanction; Coordinate and develop appropriate control budgets consistent with project estimate and WBS / CBS. Implement and monitor costs within each project stage and for entire project until completion or close-out. Collect and compile progress and cost data, and develop cost-control worksheets and reports for review by delivery teams; Provide cost input to commitment close-out process; Review and audit contractor cost control procedures and practices; Perform quality assurance on contractor cost-management performance; Coordinate or develop appropriate internal and external benchmarking and technical limits; Coordinate preparation of cost risk analysis; Review financial data related to accruals, invoice payments, purchase orders and material deliveries and other financial data; Provide cost input to and implement the cost element of change management procedure; Provide cost input to and implement the cost element of risk management plan Coordinate and develop project work-in-place (WIP), commitment and estimate at complete (EAC) forecasts. Coordinate and develop project annual-spend projections, cost reconciliations and variance analyses. Assist and prepare cost performance management data Provide interface to other functions and teams to improve processes, resolve conflicting priorities and ensure adherence to best project practices. Prepare and implement project-wide cost measurement and reporting system, including roll-up levels and reporting cycle calendar develop and issue various reports to appropriate stakeholders Develop project close-out plan. Work with business unit or project controller and accounting function to ensure adequate financial controls Ensure compliance with Secure\xe2\x80\x99s Quality and Environment, Health & Safety policy and procedures. Perform all other ad hoc activities as and when required. Job Types: Full-time, Permanent

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Job Detail

  • Job Id
    JD1519379
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Abu Dhabi, United Arab Emirates
  • Education
    Not mentioned