Cost Control Engineer
Sapura Engineering and Construction India Pvt Ltd
Total years of experience :7 years, 10 Months
to establish the project budgetary/forecast by capturing all element of the project cost within the approved format.
•Identify the costing structure involving cost incurred on each vessel and project or any other costing exercise, as instructed. This involve liaising with all departments for the purposed of obtaining the accurate information and ensuring that all cost is captured on each project.
•Identify current & potential revenue opportunities/cost overruns & advise Project Manager/Senior Management on preventive and corrective actions to be initiated.
•Responsible for updates of changes to forecast based on inputs derived from PMT.
•Establish a system to monitor reimbursable cost items and liaise with billing and project team.
•To provide good
Key responsibilities:
•Preparation of CBS, uploading in SAP and preparation of Project Budget and uploading in Budget Express.
•Liaise with planning as required to ensure accuracy in project cost phasing and forecasting.
•Monitor and control cost commitments and expenditures through all phases of project lifecycle.
•Preparation of Estimate at Completion.
•Assist in ERP implementation. Monitoring quantity variance in eALPS+, easyTRACK and Pipeline module
•MIS Reporting for Top Management and Progress Reporting for Project (FMPR)
•Invoicing to client and checking sub-contractor invoices.
•Preparation of Standard Operating Procedure for Project Controls. Attend cost & estimate risk analysis sessions.
•Preparation of Project Cost Presentation for Top Management.
Dodsal E & C UAE as Engineer Costing (Finance - Budget and Cost Control Department)
Key responsibilities:
•Execute all Project Cost Control functions to ensure all projects are within budgeted cost parameters.
•Develop an effective project plan template that can be utilized to schedule development, control and critical path analysis In order to ensure project milestones are achieved.
•Provide risk analysis on all Project contracts, as required by the Department Manager in order to highlight the items with the most significant impact on the project costs
•Provide inputs to the Manager for the development of Budgets, Work plans and specific tools for the Project in order to follow the project costs so as to estimate total forecasts, quantity costs and expected outcomes.
•Preparation of Bid Analysis and maintain MR status.Monitoring costs and generates variance reports.
•Preparation of Cash flow and analysis on monthly basis.Preparation of SMR (Synthesis Monthly Report).
•Preparation of various Budgets (Project, Quarterly & Corporate, Pre-actual).
•Interfaces between the project financial accountant and the project team/contractors.
•Summarizing budgets and submitting recommendations for the approval or disapproval of funds requests.
•Invoicing to client and ensure invoices are paid regularly. Develop, implement and execute change management.
Key responsibilities:
•Project management, planning, budgeting and controlling.
•Preparation of MIS report, Progress Reports (Daily/ Weekly/ Monthly)
•Approval of various milestones and Contractors billing.
•Provide advice and technical assistance with cost analysis, fiscal allocation, and budget preparation.
•Establish and maintain work breakdown structure, project master schedule and
advice and assistance with cost analysis, fiscal allocation, and budget preparation.
•Interfaces between the project financial accountant and the project team/contractors.
•Cost estimation for project (Equipment’s, process units, facilities and licensor selection).
•Summarizing budgets and submitting recommendations for the approval or disapproval of funds requests.
•Purchasing, Negotiation Skills, Preparation of Bill of Material / Quantity, Schedule of Prices and Placement of LOA / PO.
•Preparing Technical/ Commercial Proposals, Prequalification of Bidders, EOI's & RFQ's for various EPC related work.
•Contracts study/ drafting, analysis and scope of work adherence as per Contract Documents.Co-ordination with various engineering disciplines and site office.Develop inter personal relationship with existing and potential Clients/ Suppliers.
Career achievements
•Successfully prepared overall project budget for the management review and approval.
•Developed the Management Information System for the Weekly progress reporting of Project.
•Successfully conducted 30% & 60% 3D Model Review for OMPL Project with resolution of comments of Clients.
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