Project Cost Engineer

Job description / Role

Find your next job opportunity with Adecco. We are recruiting for a prestigious client.

Role: Project Cost Engineer
Training period: 1 year
Training Location: South Korea
Job location after Training period: Saudi Arabia / Qatar

Job Summary
- Key role of cost control in Engineering & Construction project
- Understand variety of the field's concepts, practices, and procedures.
Roles & Responsibilities
- Perform or supervise project/construction cost control activities, develops cost control programs and coordinate integrated cost control activities under standard procedure and system.
- Produce routine project/construction cost and financial reports for submission to field control manager and construction manager.
- Support customer payment application and invoicing process by preparing payment applications accurately and on time
- Verify bottle neck of collecting money and set up resolution.
- Calculate and record cost impact caused by change order.
- Estimate and record the cost of back charge to subcontractors.
- Review whether vendor’s estimation is reasonable and meet SECL’s requirements.
- Interface with accounting, procurement, engineering and other groups where necessary for the implementation of common cost coding and work breakdown structure across the project.
- Perform basic project/construction cost control activities in accordance with approved procedure.
- Receive and check subcontractor’s invoices.
- Research material price and cost of subcontractor tendency.
- Assist to produce cost report.
- Organize change order history to analyze cost impact.
- Receive vendor’s estimation.
- Collect manpower, work volume and schedule to estimate cost effectively.
- SAP operation (V/O,P/R, P/O Creation, Invoice Posting, Bond Registration).
- Receive and Check Materials, Services, Rental Manpower & Equipment invoices.
- Prepare Construction 3vmonths Cash flow forecast.
- Cube MDG Operation (Vendor Registration).
- Review and check Monthly Progress Payment Certificate of the Subcontractors in accordance with Subcontract BOQ (Bill of Quantity and Rates).
- To develop the contractual requirements relating to cost control & estimation, invoicing of payment & variations to be stipulated in the agreements.
- Monitor, for subcontracts and other significant items, progress and the value of work done.
- Liaise with EPC and Installation functions, to maintain awareness of project/construction activities and their impact on the project/construction budget, schedule and cost forecast
- Preparation of client invoice.
- Analyze committed costs and activities to-date (actual vs budget performance and productivity).
- Review monthly the forecasts to complete, any deviation from baselines and the effect of the corrective actions taken by PM/CM.
- Preferred "Joint Venture Projects Cost Control Experience for the megasize Oil and Gas Hydrocarbon Projects"
Experience
- In cost control
- Project based cost control experience gained within the Oil and Gas industry or Petrochemical industry

Requirements

Ideal candidate will have :
- Bachelor’s degree in related engineering major is preferred.
- SAP skills
- Intermediate-to-advanced Microsoft Office skills (esp. Microsoft Excel)
- Comprehensive knowledge on overall cost control
- Knowledge in Contract and Subcontracting
- Knowledge in Correspondence such as Letters

Job Specific Specialty
- Analytical thinker with demonstrated talent for planning, initializing, and implementing operational procedures and streamlining complex work procedures.
- Technically strong in project cost planning, scheduling. calculation and reporting.
- Review Subcontract Agreement, Purchase Order, Change & Work Orders specially the price and unit rate.
- Operating SAP System and data structure. Team lead and collaborator in any task to be assign
- Negotiation with subcontractor's & Vendor's
- Construction, Engineering, Procurement & Contracts

Technical Skills / Competencies
- Planning / Scheduling
- Cost Management
- Resource Management
- Quality / Safety Management
- Progress Management
- System knowledge
- Client Management
- Inter-department Coordination
- Document Control
- Risk Management

About the Company

The Adecco Group is the world’s leading talent advisory and solutions company. We proudly make a difference in the working lives of 3.5 million people every year. Our culture is entrepreneurial and inclusive, and we are united by our passion for making a difference in the world of work. We work with over 100,000 organizations in 60 countries, enabling their success. We have 35,000 people working with us across more than 60 countries and territories.

Adecco has been rapidly growing in the Middle East since 2008, developing a substantial footprint throughout the region. We work across 250 different clients, Adecco has more than 62 full time employees, working in 4 offices, servicing all countries across the GCC region. We offer Temporary Staffing, Permanent Placement, Executive Search, Assessments, Visa And Payroll, Outsourcing, PRO Solutions customised as per client requirements. Adecco Middle East Head Office is based in Dubai with a branch at Abu Dhabi.