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VISHARAD SHARMA, Projects Cost Control Engineer

VISHARAD SHARMA

Projects Cost Control Engineer·Hot Engineering & Construction Co

Kuwait

Bachelor's degree, Building And Construction

Work experience

Total years of experience: 25 years, 1 months

Projects Cost Control Engineer

March 2017 - Present

Hot Engineering & Construction Co

Al Ahmadi, Kuwait

March 2017 - Present

• Maintain revenue, project gross margin and the project balance sheet.
• Ensure accuracy and timing of revenue recognition, invoicing and preparation and control of estimate-at-completion (EAC) gross and margin reports.
• Build a structured approach for construction jobs Costing, budgeting, and tracking of construction project costs.
• Design and implement project control tools and programs to standardize procedures to improve cost management.
• Identify cost concerns, variances, and potential problems, escalate to support successful resolutions.
• Ensuring Hiring of Manpower in accordance to the Manpower Plan & Budget for assigned Projects/ Departments.
• Effectively co-ordinate with Planners / Schedulers for Progress of Works and verify Reports, Plans and Schedules for Monitoring and controlling the Projects assigned.
• Ensure compliant project control processes are in place and followed to meet financial, operational and contractual objectives throughout the life cycle of assigned projects.
• Review and obtain a full understanding of scope and funding of projects by examining the contract, proposal, business case, supporting pricing data, etc.
• Oversee and manage Contract Management process on the project from Pre-Award, Post-Award through Close-Out in accordance with the Project Execution Plan (PEP) and Project Procedures Manual (PPM), including claims and back charges
• Support preparation of bid evaluation plans for large engineering, procurement, fabrication, and construction (EPFC) Request for Proposal (RFP) packages and participate in both technical and commercial bid evaluation; assist Project and Engineering Managers with preparing scope, schedule, and other technical documents for the RFP process ultimate responsibility for the quality of the Project RFP packages and Contract documents.
• Certifying Payment Certificates in line with the Contracts Compliances. Monitoring and controlling the total scope of work and carefully certifying Invoices of Subcontractors / Suppliers within the total scope of work, avoiding any duplication for the same.
• Mentoring the team of Quantity Surveyors.
• Manage interfaces with Project Management, Construction, Project Controls, Quality, Safety, Finance, Client and Joint Venture Partners
• Protect the Company’s interests by enforcing warranties, mitigating risk, and providing oversight to project contract management teams
• Lead the contract management activities associated with large engineering, procurement, fabrication, and construction / construction management (EPFC/EPFCM) projects with multi-office execution.
• Forecast Construction budgets, vendor cost management, and other financial management requirements
• Assist in the development and revision of necessary processes and procedures required to meet contractual and internal reporting requirements
• Collaborate with Project managers, proposal managers, contracting and external vendors to ensure reports and forecast are current accurate and complete.
• Collaborate with the project team to ensure all project cost and schedule risks are identified and reported as required by Contractual and internal requirements.
• Review contract to identify all external financial reporting requirements and ensure they are addressed.
• Establish and maintain the project work breakdown structure in Cost Point to allow for proper cost accumulation to support revenue recognition and customer billings as required. Ensure that project strings are closed immediately after all balance sheet items are closed
• Coordinate with PM to maintain accurate project billing and revenue forecasts in Customer Manager (CM)
• Interface with customer in matters of financial controls and reporting.


Company industry:
Construction & Building
Job role:
Civil Engineering

Projects Cost Control Engineer

March 2017 - Present

Hot Engineering & Construction Co

Al Ahmadi, Kuwait

March 2017 - Present

• Maintain revenue, project gross margin and the project balance sheet.
• Ensure accuracy and timing of revenue recognition, invoicing and preparation and control of estimate-at-completion (EAC) gross and margin reports.
• Build a structured approach for construction jobs Costing, budgeting, and tracking of construction project costs.
• Design and implement project control tools and programs to standardize procedures to improve cost management.
• Identify cost concerns, variances, and potential problems, escalate to support successful resolutions.
• Ensuring Hiring of Manpower in accordance to the Manpower Plan & Budget for assigned Projects/ Departments.
• Effectively co-ordinate with Planners / Schedulers for Progress of Works and verify Reports, Plans and Schedules for Monitoring and controlling the Projects assigned.
• Ensure compliant project control processes are in place and followed to meet financial, operational and contractual objectives throughout the life cycle of assigned projects.
• Review and obtain a full understanding of scope and funding of projects by examining the contract, proposal, business case, supporting pricing data, etc.
• Oversee and manage Contract Management process on the project from Pre-Award, Post-Award through Close-Out in accordance with the Project Execution Plan (PEP) and Project Procedures Manual (PPM), including claims and back charges
• Support preparation of bid evaluation plans for large engineering, procurement, fabrication, and construction (EPFC) Request for Proposal (RFP) packages and participate in both technical and commercial bid evaluation; assist Project and Engineering Managers with preparing scope, schedule, and other technical documents for the RFP process ultimate responsibility for the quality of the Project RFP packages and Contract documents.
• Certifying Payment Certificates in line with the Contracts Compliances. Monitoring and controlling the total scope of work and carefully certifying Invoices of Subcontractors / Suppliers within the total scope of work, avoiding any duplication for the same.
• Mentoring the team of Quantity Surveyors.
• Manage interfaces with Project Management, Construction, Project Controls, Quality, Safety, Finance, Client and Joint Venture Partners
• Protect the Company’s interests by enforcing warranties, mitigating risk, and providing oversight to project contract management teams
• Lead the contract management activities associated with large engineering, procurement, fabrication, and construction / construction management (EPFC/EPFCM) projects with multi-office execution.
• Forecast Construction budgets, vendor cost management, and other financial management requirements
• Assist in the development and revision of necessary processes and procedures required to meet contractual and internal reporting requirements
• Collaborate with Project managers, proposal managers, contracting and external vendors to ensure reports and forecast are current accurate and complete.
• Collaborate with the project team to ensure all project cost and schedule risks are identified and reported as required by Contractual and internal requirements.
• Review contract to identify all external financial reporting requirements and ensure they are addressed.
• Establish and maintain the project work breakdown structure in Cost Point to allow for proper cost accumulation to support revenue recognition and customer billings as required. Ensure that project strings are closed immediately after all balance sheet items are closed
• Coordinate with PM to maintain accurate project billing and revenue forecasts in Customer Manager (CM)
• Interface with customer in matters of financial controls and reporting.


Company industry:
Construction & Building
Job role:
Civil Engineering

Contracts Engineer/Estimator/Quantity Surveyor & Costing Engineer

August 2012 - March 2017

Mushrif Trading & Contracting Co

Al Kuwait, Kuwait

August 2012 - March 2017

QUANTITY SURVEYING & COST FINANCIAL REPORTING (CONTRACTS MANAGEMENT)

• Taking -off quantities, preparing bid schedules and other bid documents.
• Approving all Pre Contractual, Pre Award and Post Award of Subcontractors Quotations and Contracts as per Company Policy and Procedures within the Project Budget.
• Reviewing and approving Subcontracts Tender, Contracts and Agreements.
• Approving, reviewing and controlling the Payment of Subcontractors.
• Invoicing to Client / Ministry, including monthly claims, variation claims and negotiations, re-measurement for final payment.
• Coordinating with Project Managers, regarding the Subcontractors productivity.
• Reviewing with Project Managers, Project Directors and for the Claims and Claim letters for both Clients and Subcontractors.
• Producing budget and cash-flow forecasting for projects.
• Ensuring proper cost reporting and updating resources of cost analysis.
• Receive, evaluate and act on value engineering and other change proposals
Negotiate cost related to change orders and other contract modifications and schedule impact
• Evaluate and make recommendations on contractor requests for waivers and deviations
Monitor contractor’s small and disadvantaged business subcontracting
Ensure timely submission of required reports.

• BUDGETING & RESOURCE PLANNING

• Planning, organizing, and scheduling work using SAP module
• Determining time, costs, resources, or materials needed to perform a work activity.
• Planned and scheduled bids for each trade based on the construction schedule.
• Preparing field activities work plans for submittals.
• Planning project budgets and controlled cost of projects.
• Followed and updated project schedules.







EXECUTION
• Supervised construction activities in the field, inspected materials delivered to the site with respect to the specifications.
• Coordinated with sub-contractors/ vendors for there scope of works & execution of the same maintaining the productivity as per required schedule
• Monitoring QA/QC activities in co-ordination with the Engineers and make available the materials for approval to the client for smooth execution with cross functional co ordination.
• Coordinating for shop drawings and approvals of the same with the help of the technical team.
• Checking on site activities for time to time updating the management for completion of works.

Company industry:
Construction & Building
Job role:
Construction and Building

Civil Engineer

March 2008 - August 2012

March 2008 - August 2012

my job responsibilities were as follows
* Undertaking technical and feasibility studies and site investigations;
* Developing detailed designs;
* Assessing the potential risks of specific projects, as well as undertaking risk management in
specialist roles;
* Supervising tendering procedures and putting together proposals.
* Managing, supervising and visiting contractors on site and advising on civil engineering issues;
* Overseeing the work of junior staff or mentoring civil engineers throughout the charter ship
process;
* Communicating and liaising effectively with colleagues and architects, subcontractors,
contracting civil engineers, consultants, co-workers and clients;
* Thinking both creatively and logically to resolve design and development problems;
* Managing budgets and other project resources in SAP software for business planning.
* Managing change, as the client may change their mind about the design, and identifying,
formalizing and notifying relevant parties of changes in the project;
* Leading teams of other engineers, perhaps from other organizations or firms;
* Compiling, checking and approving reports;
* Reviewing and approving project drawings;
* Reviewing requests from all projects for Construction materials and making arrangements for
their deliveries to all running projects on time and updating the same in SAP for proper &
efficient Cost control.
* Attending public meetings and displays to discuss projects, especially in a senior role;
* Adopting all relevant requirements around issues such as building permits, environmental
regulations, sanitary design, good manufacturing practices and safety on all work assignments;
* Ensuring that a project runs smoothly and that the structure is completed on time and within
budgets.
* Correcting any project deficiencies that affect production, quality and safety requirements prior to
final evaluation and project reviews.
* Preparing Work Break Down structure for all Projects in terms of Material, Labour, Sub
Contractor, and Equipment & Overheads.
* Preparing contracts for subcontractors in co- ordination with the sub contractors and the General
manager.
* Preparing Payment Certificates for Sub Contractors & also coordinating with inter departmental
functions for payments for Sub Contractors

Job role:
Civil Engineering

Senior Executive

July 2001 - December 2007

Clariant (India) Ltd

July 2001 - December 2007

Supply Chain Management & Marketing of Construction
Chemicals
Roles and Responsibilities:
* To provide effective professional functions in challenging situations with an exposure to the
following domain areas like Supply Chain/ Process Manufacturing / Sales & Distribution /
Warehouse Management.
* Controlling THREE MANUFACTURING UNITS & THEIR FIVE SUBSIDIARY DEPOTS
SPREAD ALL OVER INDIA.
* Driving and motivating the team to achieve monthly targets of all Business Units.
* Compilation of Business orders covering the entire Distributor/ Customer network using ERP
module.
* To formulate Inter-depots stock transfers of material based on requirement of customers under
VAT SYSTEM.
* Effective development of Inventory systems and maintaining inventory accuracy.
* To analyze reports to reduce stock outs on daily basis.
* Handling shipment procedures, tracking / follow-ups to ensure timely delivery of material.
* To handle Global Customer queries and to provide adequate solutions within 24 hours on receipt
of the same.
* Thoroughly conversant with SALE TAX FORMS required all over India.
* To manage Third party logistics, co-ordination with suppliers, execution of CE1/E2 orders within
stipulated time on all India basis.
* To monitor smooth functioning of Invoicing at manufacturing units and depot locations to
maintain zero pipeline before closing of the Monthly Sale.
* Implementing Credit Control systems on Distributors / Customers streamlining payments.
* Preparation of MIS, Dispatch reports on monthly basis or as and when management demands.
* To ensure proper documentation prior to dispatch of invoiced documents to Distributors /
Customers.
Achievements:
* Developments in supply chain software to ensure timely updating at the distributors end.
* Reduction of Lead time of THIRD PARTY ORDERS from 10 days to 3 working days.
Maintained ‘zero’ products in pipeline on successful completion of budgeted targets.
* Effectively handling and motivating a team of professionals, contributing to the set goals of the
organization.
* Defining functional roles with Logistic understanding of Warehouse Management Systems
R L Dalal & Company
Department - Engineering

Company industry:
Oil & Gas
Job role:
Accounting and Auditing

Civil Engineer

March 2001 - July 2001

March 2001 - July 2001

Receive final drawings from office engineer
* Coordinate with mall tenant coordinator and get approvals for site works
* Assist in construction permits
* Full awareness of construction contract with contractor
* Full awareness of schedule and programs
* Launching construction works on site
* Coordinate between different contractors
* Quality assurance (site setting out ' documentation)
* Correspondence and record keeping
* Safety and security of site
* Receive quotes for minor works and take action
* Tracking work progress
* Quality control assurance and checking
* Coordination with mall tenant coordinating team and problem solving
* Coordinate furniture installation at site
* Receipt of material at site
* Coordinate with different department within the company
* Approval of work
* Quantity take off from site
* Payment approvals and quantities verification
* Storing and warehousing
* Snagging and handing over
* Payment settlement (final payment and defect liability period)
* Report to project manager
* Guide and monitor the Foreman in his day to day works
Capabilities
Site Development • Plant Buildings • Utility Buildings • Structural Steel Works • Sand/Shot Blasting •
Equipment Foundation • Effluent Treatment Plants • Sub-station and Transformer Yards • Commercial
Complexes • Residential and Public Buildings • Hospitals • Public Health Engineering • Water Supply
and Drainage Systems • Special Coatings and Painting • Power and Instrumentation Control Cabling •
Panels and Distribution Systems • Telecommunication Systems • Sound and Music Systems • Fire Alarm
Systems • Sprinkler Systems • Air-Conditioning Systems • Piping and Ducting Systems • Erection,
Testing and Commissioning of all equipment
Familiar with Equipment & Materials Used at Site:
• Surveying Instruments • Excavators • Compactors • Batching Plant/Concrete Mixers • Concrete Pump •
De-watering pumps • Steel Shuttering and Scaffolding • Centering Material • Hoists and Cranes • Cutting
and Drilling Machines • Welding Machines • Diesel Generator Sets • Crimping and Testing Equipment •
Tools of all types.

Job role:
Civil Engineering

Education

Shah & Anchor College

March 2001

March 2001

Bachelor's degree, Building And Construction

India

.

R.D. National College

June 1995

June 1995

High school or equivalent,

India

.

Ashok Academy

June 1993

June 1993

High school or equivalent,

India

.

Skills

Cost Planning
Expert
Cost Planning
Expert
AutoCAD
Expert
AutoCAD
Expert
SAP R3
Expert
SAP R3
Expert
AS400
Expert
AS400
Expert
MS Office tools
Expert
MS Office tools
Expert
FUNCTIONAL
Expert
FUNCTIONAL
Expert
INVOICING
Expert
INVOICING
Expert
MATERIALS MANAGEMENT
Expert
MATERIALS MANAGEMENT
Expert
MICROSOFT WORKS
Expert
MICROSOFT WORKS
Expert
QUALITY CONTROL
Expert
QUALITY CONTROL
Expert
SAFETY
Expert
SAFETY
Expert
BUDGETING
Expert
BUDGETING
Expert
CLOSING
Expert
CLOSING
Expert
CONTRACT MANAGEMENT
Expert
CONTRACT MANAGEMENT
Expert
CREDIT
Expert
CREDIT
Expert
Cost Planning
Expert
Cost Planning
Expert
AutoCAD
Expert
AutoCAD
Expert
SAP R3
Expert
SAP R3
Expert
AS400
Expert
AS400
Expert
MS Office tools
Expert
MS Office tools
Expert

Languages

Arabic
Expert
English
Expert
Hindi
Expert
Punjabi
Expert
Urdu
Expert