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:

Cost Controller(Renewable Energy Projects)
Location: Cape Town
Salary:
9 days ago


Cost Controller
Location: Pretoria
Salary: Monthly
Large Hotel in Pretoria is looking for an experienced cost controller. The cost controller is responsible for managing the financial efficiency of all food, beverage and general operational supplies across the hotel. This includes menu costing, event / banquet costing, item cost analysis, inventory management and stock control. This role ensures that actual consumption aligns with b...
22 days ago


Cost Controller
Location: Centurion
Salary:
22 days ago


Cost Controller
Location: Cape Town
Salary:
Looking for a cost controller to join a 5* hotel in Camps Bay! Camps Bay | Permanent | R22k - R19K
24 days ago


Cost Controller (Projects) – Centurion
Location: Centurion
Salary: 700000 Annually
Develop, implement, and maintain the project cost baseline document.Develop and maintain the project cashflow baseline document.Report on cost performance against contractual commitments and project cost baseline documents.Implement proper project cost control governance framework.Track project expenditures against the approved project baseline and execute the required change management
25 days ago


Cost Accountant / Inventory Controller
Location: Johannesburg
Salary: Salary
cost Accountant / Inventory controller
87 days ago


Lodge Pre-Opening - Serengeti, Tanzania
Location: Serengeti
Salary: Monthly
Fast growing operator of 5* Lodges is looking to recruit a full complement of staff for their new luxury lodge based in the Serengeti, Tanzania.   All positions are live in open to both local and expat staff.
1 day ago


Lodge Pre-Opening - Morogoro, Tanzania
Location: Morogoro
Salary: Monthly
Fast growing operator of 5* Lodges is looking to recruit a full complement of staff for their new luxury lodge based close to Morogoro, Tanzania.   All positions are live in open to both local and expat staff.
1 day ago


Financial Controller
Location: Johannesburg
Salary: 700000 Annually
Drive your finance career forward with a leader in the automotive industry.
1 day ago


Accountant
Location: Johannesburg
Salary: 480000
Are you ready to add value in an ambitious logistics business that’s shaping the future of supply chain solutions? We’re on the lookout for an Accountant who thrives in structured yet fast-paced environments, bringing both accuracy and strategic insight.
1 day 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