Senior Cost & Project Control Engineer

Key Responsibilities

Budgeting & Cost Estimation

• Develop detailed project budgets in Excel, breaking down costs by labor, materials, equipment, and subcontractors.
  
• Create and manage cost-loaded project schedules aligned with baseline planning.
  
• Prepare comparison tables for subcontractor/vendor quotations to ensure competitive procurement decisions.
  
• Collaborate with the planning and procurement teams to ensure cost alignment with construction sequences and procurement timelines.
  

Cost Control & Financial Reporting

• Track actual vs. budgeted costs and analyze variances with actionable insights.
  
• Implement Earned Value Management (EVM) using Excel to generate CPI, SPI, EAC, and ETC metrics.
  
• Prepare and deliver weekly and monthly financial reports including:
  
• - Cash flow projections.
  
• - Contingency drawdowns.
  
• - Budget risk forecasts and sensitivity analysis.
  
• Create dynamic dashboards and visual reports to support executive decision-making.
  

Subcontractor & Vendor Management

• Evaluate commercial aspects of subcontractor and vendor offers.
  
• Maintain cost benchmark databases for recurring material, labor, and equipment rates.
  
• Conduct cost-based scope alignment to prevent over-budget procurements.
  
• Coordinate with procurement and contracts to validate market competitiveness.
  

Claims & Contract Management

• Identify, prepare, and submit claims for variations and disruptions with complete documentation.
  
• Manage interim payment applications, ensuring timely certification and recovery.
  
• Issue cost/time impact notices in accordance with contract conditions and deadlines.
  
• Analyze cost deviations tied to direct and indirect costs, scope changes, and site conditions.
  

Financial Risk & Compliance

• Maintain audit-ready documentation, including timesheets, invoices, material receipts, and procurement logs.
  
• Ensure adherence to contract terms regarding financial obligations, milestone payments, and retention.
  
• Support compliance audits and cost verifications conducted by clients or external parties.
  
• Monitor exposure to financial risks and recommend mitigation strategies.
  

Reporting to Management

• Report regularly to the Cost Control Manager and Project Controls Lead.
  
• Present financial dashboards, cost trends, and budget status during management reviews.
  
• Support strategic cost forecasting and financial health analysis of ongoing projects.
  

Requirements

Required Qualifications & Skills

• Bachelor’s degree in Civil Engineering, Construction Management, or a related field.
  
• 8+ years of relevant experience in construction cost control and project financial management.
  
• Advanced Microsoft Excel expertise, including:
  
• - Pivot tables, dynamic dashboards, and cost-tracking models.
  
• - Automation using formulas and macros (VBA knowledge is a plus).
  
• Solid command of Earned Value Management (EVM) principles (CPI, SPI, variance analysis).
  
• Proven capability in claims preparation, cost negotiation, and variation substantiation.
  
• Strong analytical skills and ability to interpret cost trends and performance indicators.
  
• Excellent verbal and written communication skills; fluent in English.
  
• Ability to work independently and handle multiple priorities under pressure.
  

Preferred Qualifications

• Professional certifications such as RICS, AACE CCE, or PMI-SP is an advantage.
  
• Experience in factory, warehouse, or industrial project environments.
  
• Familiarity with ERP systems or cost control software is an advantage.
  
• Knowledge of Power BI, Tableau, or other BI tools for cost visualization is a plus.