Cost Controller & Estimator

 

Recruiter:

IOCO

Job Ref:

iOCO00699

Date posted:

Tuesday, March 16, 2021

Location:

Kempton Park, South Africa

Salary:

Negotiable


SUMMARY:
The Role:

Engineering and design activities relating to scoping, pre-feasibility, feasibility studies, EPCM and EPC projects

Main functions include (but not limited to):

  • Responsible for the development and maintaining of project cost information
  • Maintaining planned and actual cost and commitment sch...

    POSITION INFO:
    The Role:

    Engineering and design activities relating to scoping, pre-feasibility, feasibility studies, EPCM and EPC projects

    Main functions include (but not limited to):

    • Responsible for the development and maintaining of project cost information
    • Maintaining planned and actual cost and commitment schedules on a project.
    • Assist with the development of Tender cost procedures and systems
    • Maintaining tender costs to keep pricing competitive and actual
    Skills and Experience:

    Cost Control or relevant Qualification

    A cost controller with accounting background (Payroll; supplier payments etc)

    Key Accountabilities:

    Technical Expertise

    Cost Control Duties

    • EPCM Man-hour Schedule
    • Populating EPCM schedule with the Actual Budget Forecast
    • Capturing Man-hours on Monthly Basis and updating forecast with PM prior to month end
    • Prepare submit EPCM Invoice statement to client and follow up on payments (Invoice Age Analysis

    Cost Control

    • Monthly Forecasting update meeting with Project Manager, Engineers QS
    • Reconciling Procurement with Procurement Operating Plan
    • Monthly reconciling Cost with client organization
    • Capturing orders against correct cost Centre by verifying orders against cost centre before commitment.

    Estimating

    • Good understanding and knowledge of applicable standards and specifications.
    • Maintain technical awareness of new technology and provide assistance and advice to the proposals department and other departments as required.
    • High level of competence in the use of spreadsheets and / or database applications.

    Operational Function  

    Cost Control

    • Creating, maintaining and reporting on the project incurred and forecasted costs.
    • Supporting the setup and issuance of cost reports, including cost control curves.
    • Supporting the development of contingency and change management processes and procedures.
    • Supporting the setup and implementation of project progress measurement practices.
    • Supporting the development of Final Forecast Cost and proactive identification of risks and mitigation.
    • Supporting compliance with standardized processes, systems and tools.
    • Maintaining relationships internally with the Procurement and estimating groups to ensure accuracy in current trends.
    • Initiating budgetary control system and documentation for projects.
    • Preparing forecasts, cost trend reports and monitoring cost and commitment to budget and forecast.
    • Finalize costing of all detailed estimate line items using base lined project control budget) in order to establish package budgets.
    • Assign budget for procurement packages, perform budget reconciliation or scope and pricing and produce reconciliation statement to support recommendations for award.
    • Forecast project contingency requirements, escalation, foreign currencies etc.
    • Establish project baseline cost
    • Participate in the trending and change management process and incorporate approved trends into the project estimate at completion.
    • Capture timesheet cost to EPCM/EPC projects.

    Estimating

    • Managing engineers and suppliers for estimating
    • Prepares an estimate document based on the scope of work and class of estimate required and historical costing information.
    • Knowledge of EPCM, EPC and conceptual types of estimating.
    • Production of quantity take-offs.
    • Assist with preparing bid packages, acquire budget prices from the market place in an ethical and professional manner.
    • Transmits vendor document requirements and other bid information to engineers, contractors and suppliers.

    Quality

    • Ensure estimates and cost control are accurate and complete.
    • Ensure the quality management system and procedures are followed and standards are maintained.
    • Implement and maintain cost database management.

    Communications

    • Soliciting and maintaining communication with contractors and suppliers, Project Manager and all discipline Engineers .
    Personality and Attributes:
    • Takes ownership and accountability for deliverables.
    • Proactive, results driven and committed.
    • Values Innovation and diversity of ideas.
    • Positive can-do attitude.
    • Shows Initiative.
    • Takes ownership for personal development
    • Always looking for opportunities to grow and improve capability.
    • Ability to work on own initiative whilst taking in to account the wider needs of the team.
    • Awareness of own skills and knowledge (knowing when you â??donâ??t knowâ?)
    • Ability to work well under pressure, work on multiple tasks at one-time, prioritizing workloads and meeting deadlines


     

    NB! This job is now closed. You can apply for other jobs by uploading your CV.



     

 

 

Similar jobs you might be interested in:

Inventory Cost Controller
Location: East Rand
Salary: Monthly
Well-established company based on the East Rand seeks an Inventory cost controller to join their team!
27 days ago


Inventory Cost Controller
Location: Johannesburg
Salary: 400000 Annually
INVENTORY cost controllerFinance – Manufacturing / FMCG EnvironmentYour mission: turn stock data into smarter business decisions.A growing manufacturing business is seeking a detail-oriented Inventory cost controller to take ownership of inventory costing, optimize stock levels, and drive cost efficiencies across the supply chain. This is more than a reporting role — it’s a comme...
55 days ago


Senior Project Cost Controller
Location: Johannesburg
Salary:
Senior Project cost controllerOur client is seeking an experienced and detail-oriented Senior Project cost controller to join their project team. The successful candidate will be responsible for overseeing and controlling project expenditure, ensuring financial accuracy, compliance with governance standards, and effective cost management across multidiscipline projects. This role plays a key part ...
49 days ago


Financial Accountant
Location: Centurion
Salary: 400000 Annually
Numbers. Accuracy. Insight. Impact.Step into a role that blends hands-on accounting with strategic financial management. We are seeking a technically strong Financial Accountant to manage full-cycle accounting while overseeing day-to-day bookkeeping for a leading industrial equipment business.
5 days ago


Senior Bookkeeper
Location: Johannesburg
Salary: 350000 Annually
Own the detail. Control the numbers. Keep the engine running.A Senior Bookkeeper role for a meticulous professional who thrives on accuracy and consistency.
5 days ago


Financial Accountant
Location: Johannesburg
Salary: 450000 Annually
Precision meets performance.A technically strong Financial Accountant required to bring structure, accuracy, and control to a premium property portfolio.
5 days ago


Management Accountant
Location: Johannesburg
Salary: 650000 Annually
Numbers tell a story, are you ready to own the narrative?A high-visibility role for a Management Accountant ready to influence operational and financial performance.
5 days ago


Route Controller
Location: Uitenhage
Salary:
Job Title: Temporary Route controllerIndustry: Logistics / Warehousing / Food ServicesEmployment Type: Contract / Temporary
5 days ago


Credit Controller
Location: Cape Town
Salary:
We are seeking a skilled and results-driven Credit controller to join our finance team based in Atlantis, Cape Town. The successful candidate will take full ownership of the credit control function, ensure effective management of debtor accounts and maintain healthy cash flow within the business. This role is best suited to someone who is detail-oriented, assertive, and able to work efficiently in...
5 days ago


Financial Manager
Location: Johannesburg
Salary: 850000 Annually
Take ownership. Drive strategy. Shape portfolios.An exceptional opportunity for a commercially astute Financial Manager to step into a high-impact role within a dynamic property environment.
5 days ago


Create a free job alert for Cost Controller & Estimator in Kempton Park

Enter your email address below and we will email you similar jobs when they become available:

You can cancel at any time. We will not spam you.
By giving us your email address your agree to our Terms and Conditions