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Cost Engineer

2 weeks ago

Singapore PEAK OCEAN PTE. LTD. Full time

**Summary**:
The Cost Controller is required to ensure all cost control function within the project are in compliance according to company / project corporate standards.

This position will also provide advice and guidance to Project Controls Manager and Project Manager relating to Cost Control and Reporting matters.

The Cost Controller should be a self-starter with a hands on approach in his / her work that includes being a team player.

**Responsibilities**:
**Cost Control**:

- Ensure all cost control standards, procedures and processes adhere to corporate guidelines from tendering, pre-award to project execution and completion phases.
- Develop project specific cost control procedures based on project requirements.
- Set up and maintain the CBS (cost breakdown structure) based on project execution strategy and project requirements.
- Liaise with site quantity surveyors on re-measurable cost updates.
- Ensure all vendor commitments and actual costs are up to date and aligned with the project cost breakdown structure coding.
- Ensure all intercompany invoices are captured in IFS system

**Cost Reporting**:

- Prepare and update the project cost report ensuring all cost changes and movements are tracked and supported with documentation as per reporting calendar.
- Maintain and update the man power plan including manhour reporting.
- Maintain and update the inter company invoices log for cost control team.
- Assist for senior cost controller for monthly cost report preparation.

**Variations Orders**:

- Ensure all variation orders are captured into the cost report and forecasts
- Maintain and update the variation order registers for Client and Contractor.
- Anticipate potential VORs to input to forecast.

**IFS ERP Cost System**:

- Assist to set up, maintain and control the Project Cost Data inside IFS ERP system.
- Create purchase requests and performing good received for internal company billing.
- Ensure all purchase orders and payments flow from Procurement and Finance Module into the Project Cost Module.
- Provide guidance to project team on purchase request creation and receiving goods.
- Liaise with IFS team for system errors and issues.

**Tender Support**:

- Assist senior cost controller to Provide tender support to develop CAPEX estimates for business development prospects.
- Assist to develop and maintain historical data for EPCIC norms for use in bid proposals and future bench marking initiatives

**Qualifications**:

- An engineering degree from a good university is mandatory, A construction or quantity surveying degree would be desirable.
- Minimum of at least 5 years’ experience in project controls, cost control, cost engineering or commercial role in the construction industry, preferably in the O&G sector.
- Experienced working in FPSO projects in the areas of cost control, cost engineering, estimation or quantity survey.