About the job
Join Envision Employment Solutions as a Cost Control Engineer and play a pivotal role in one of our esteemed partners, a global leader in the Real Estate sector.
Job Overview:
The Cost Control Engineer will be instrumental in monitoring, controlling, and optimizing project costs while enhancing cost estimation processes. This role is crucial for ensuring that projects remain within approved budgets through diligent reporting, variance analysis, and insightful data interpretation. Moreover, the engineer will aid in refining decision-making by creating and maintaining sophisticated dashboards using Excel and Power BI, which will provide transparent visibility into project financials and associated risks.
Key Responsibilities:
- Oversee and regulate project costs to align with allocated budgets.
- Generate regular cost reports, forecasts, and variance analyses.
- Engage in the preparation and assessment of tenders, focusing on cost estimation and pricing.
- Design and sustain interactive dashboards utilizing Excel and Power BI.
- Monitor project developments and expenditures against established schedules and budgets.
- Provide project teams with cost-related insights and strategies.
- Scrutinize invoices, variations, and claims to guarantee accuracy and compliance.
- Collaborate with cross-functional teams, including planning, procurement, and finance.
- Administer Project Cash Flow forecasting to guarantee timely funding by the Finance department.
- Establish and maintain a historical cost database to enhance future project feasibility assessments.
Qualifications:
- Bachelor’s degree in Engineering, Construction Management, or a related discipline.
- 2-4 years of relevant experience in cost control and tendering (cost estimation).
- Advanced proficiency in Microsoft Excel (including complex formulas, PivotTables, and dashboards).
- Experience with Power BI for data visualization and reporting.
- Solid understanding of project control principles and cost management techniques.
- Familiarity with ERP systems is advantageous (e.g., Oracle, SAP).
- Exceptional analytical, problem-solving, and communication skills.
Core Competencies:
- Integrity: Fosters a culture of fairness and transparency, challenging unethical behaviors and leading by example.
- Agility: Promotes adaptability within the team, supports change initiatives, and drives innovation in a flexible work environment.
- Teamwork: Cultivates high-performing teams, resolves conflicts constructively, and encourages cross-functional collaboration.
- Ownership: Empowers team members to take responsibility and ownership of their tasks.
