Cost Engineer / Singapore

Cost Engineer

• Responsible for quantity take-offs and Cost Control functions for project(s).
• Responsible for monitoring, analysing, controlling and reporting the re- measure of quantities as required by the Commercial Manager and Project Manager.
• Compiles daily, weekly and monthly DA-inches for all main areas on information received from managers, engineers, superintendents and supervisors.
• Prepares cost reports on progress, manpower and equipment costs and co-ordinates with the work scheduling and procurement systems.
• Prepares Earned Value Management performance reports, trending and advice on actions to be taken to prevent or improve undesirable trends in progress.
• Analyses variance in cost and schedule and recommend corrective actions, solutions and recovery plans to address schedule and cost impacts.
• Monitors and co-ordinates the change controls and cost deviations of construction schedules, methods, manning charts and equipment requirements.
• Provides cash flows and accurate cost forecasting and advises on actions to be taken to prevent or improve undesirable trends in progress.
• Responsible for progress claims, cost allocation and forecast cost to complete to ensure efficient cost control of the project and liaise with finance on monthly accruals, forecasts and reconciliations.
• Establish, maintain and coordinate the Procurement activities database including the Procurement Plan and project material management system with the cost control and scheduling systems of the project.
• Prepare contract briefs and revisions summarising contractual requirements and budgets.
• Track change instructions, revision to drawings, free issue material deliveries and correspondence.
• Maintain detailed and organised files.
• Prepare contract change notices, monitor contractor performance, including the reporting and status of contractor and owner deliverables.
• Maintain an audit file for each contract which will include original contract, all correspondence, changes/deviations, amendments, clarifications, payment schedules.
• Prepare and disseminate information to appropriate employees regarding contract status, facilitate contractor meetings.
• Ensure that contractor is in compliance with legal requirements, owner specifications and government regulations.
• Perform closing activities as needed.
• Track payments and deadlines.
• Analyse and mitigate risk.
• Provide contract summaries and ensure contract execution in accordance with company policy.
• Provide assistance to Engineers on cost engineering requirements.
• Identify possible time and cost impact issues i.e. set up and manage Variation Order Detection System.
• Any other duties as may be required by the Company.

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