Lead Cost Control Engineer – Egypt

600 600 Profile Middle East
  • 12 Months
  • Egypt

Job Purpose

The Cost Engineer will play a key role in delivering a complete suite of cost-control services and financial support for projects

Job Responsibilities

  • Develop the project cost control strategy, plans, and procedures
  • 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;
  • 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 annual-spend projections, cost reconciliations, and variance analyses;
  • Assist and prepare cost performance management data
  • Develop project close-out plan;
  • Work with business unit or project controller and accounting function to ensure adequate financial controls

QUALIFICATIONS:

  • Bachelors Degree in Engineering and/or equivalent
  • Minimum 5 years experience
  • Extensive project control or project management experience;
  • Experience with cost management tools

 

Other details

Duration: One year

Location: Egypt

Rotation: 40 days on/ 15 days off

 

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