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.



     

 

 

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