Cost Control Manager
5 months ago
This position is for PaxOcean Group, a company under Kuok Group Singapore.
Roles and Responsibilities
Take over the contract, bid price and tender documents (post-award) from Commercial to set up project Work Breakdown Structure (WBS) and establish the project as-sold budgets as benchmarking.As per contract’s requirement, set up Client’s cost report (revenue to PaxOcean) together with Commercial.Monitor and update the actual cost work performed and cost commitment monthly from SAP and analyse the costs.Verify cost allocation accordingly to WBS and ensure the cost and budget are measurable and assessable at the same WBS level.Identify project cost variances and forecast the estimate at completion and report them accordingly.Identify and maintain the register for change orders, budget transfers and trends and prepare the supporting documents. Set up the change process with project manager and agree with Client.As a facilitator, work with project team to identify the risks and opportunities and provide the mitigation plan.Prepare monthly project status report and cost report with cost phasing.Work with Commercial to prepare billing with supporting documents for invoicing to Client.Conduct monthly cost reviews and analysis to identify cost optimization and improvement areas.Work with Commercial, Project, Finance, Procurement and Subcon for alignment on cost control objective.Promote cost awareness and good practices to project team.Prepare project ad hoc reports.Participate in SAP and other systems’ improvement.Bachelor in Engineering or Science, alternative Diploma in Engineering, or Science or Accounting and Finance with exposure in maritime industry.At least 10 years of relevant working experience.
Good analytical skill with the ability to interpret complex data and make sound recommendation.Attention to detail, accuracy, and a commitment to meeting deadlines and objectives.Adaptability and resilience in a fast-paced and dynamic environment.Proficiency in project cost control management with strong reporting and effective communication skillsMicrosoft Office (Advanced in MS Excel, Intermediate to Advanced Word and PowerPoint) and ERP system (like SAP, Oracle etc.)
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