Senior Cost Control Engineer
Mid Contracting Company
Job description
About the role
MidContracting is looking for an experienced Senior Cost Control Engineer to monitor, control, forecast and report project costs so that projects are delivered within approved budgets while keeping financial efficiency and profitability. The role keeps accurate cost records, analyzes financial performance, identifies cost variances and prepares forecasts and reports that support management decisions.
Key responsibilities
- Develop, monitor and maintain project budgets and cost control systems.
- Compare actual costs with approved budgets, investigate and analyze variances, and recommend corrective actions.
- Analyze expenditures and prepare monthly cost reports and management dashboards.
- Monitor commitments, purchase orders, subcontractor and labor costs and variations.
- Coordinate with Project Managers, Planning Engineers, Procurement, HR and Finance.
- Prepare quarterly Cost-to-Complete (CTC) forecasts and a three-month look-ahead of expected Budget Change Requests.
- Ensure timely recording of interim payment certificates, subcontractor payments and supplier invoices.
- Assess the impact of project progress on cost performance, identify cost risks and opportunities for savings.
- Maintain up-to-date cost control records and documentation for all active projects.
Required profile
- Bachelor's degree in Civil Engineering, Construction Management or a related field.
- Minimum 8-10 years of experience in cost control within construction projects.
- Strong analytical, problem-solving and reporting skills; ability to work independently and meet reporting deadlines.
Required skills
- Knowledge of project budgeting, cost control, forecasting and financial management.
- Experience with ERP systems and project cost control software.
- Advanced Microsoft Excel, including data analysis and reporting.
- Knowledge of Primavera P6 and Power BI is an advantage.
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Published 1 hour ago
Expires 1 month from now
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Mid Contracting Company
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