KEY ACCOUNTABILITIES
To provide a cost engineering service (in accordance with contract execution procedures) to both project and corporate management for home office and external (i.e. field) activities.
Job Description
Job Title: Senior Cost Engineer
- Demonstrates on-going commitment to all relevant QA requirements as published to the organizations Integrated Quality Management System.
- Participates in internal and external audits, and responds with relevant corrective action.
JOB OBJECTIVES
- Work within standard project cost engineering procedures. Ensure that these procedures comply with contractual reporting requirements and, if not, modify accordingly.
- Prepare activity plans to accomplish all the work required by the procedures.
- Liaise with client project control personnel as necessary.
- Prepare manhour, material quantity and cost budgets from the cost estimate and update them on approval of contract changes and budget transfers.
- Obtain from operating groups, the latest information pertinent to cost analysis and ensure its accuracy and completeness. Attend meetings concerning cost matters.
- Maintain a comprehensive material and construction quantity control and reporting system to include the current status of the budget, material take-off, and forecast quantities.
- Prepare monthly cost reports with supporting narratives.
- Prepare monthly Project Cost Report and associated back-up for review with Project Manager, HOD Cost Engineer and Project Controls Manager as necessary.
- Audit of invoices and payment certificates prior to payment by either the client or company accounts.
- Ensure reconciliation between project cost report and accounts cost and billing information.