Cost Control Specialist

Job Responsibilities:

• Liaise with Procurement & Subcontracts Leads and Project Managers to review and set up Work Breakdown Structure (WBS) and Work Package / project budgets.
• Preparing reports on revenue (as sold), internal budgets, commitments, budget transfers, change and variation orders; forecasts and cash-flows in-line with internal management reporting requirements;
• Monitors and updates the actual and committed cost periodically and analyses these costs and trends;
• Verify cost allocations according to Work Package;
• Prepare monthly Cost Report (Ms Excel or EcoSys) and Client’s Reports as required;
• Prepare monthly Cash Flow
• Monitor and identify variance from project current budget and previous EAC and report accordingly;
• Assist PMs and Project Commercial Managers with estimates and supporting documentation for CO to be submitted to Clients;
• Maintain Change Order and Budget Transfers logs and prepare supporting documents;
• Prepare billing memo with supporting documents for Finance to prepare invoices and entries into SAP;
• Internal liaison with Finance/Procurement/Operations to maintain efficient & accurate recording of cost expenditure and manage discrepancies for preparation of accurate and complete cost reports;
• Troubleshoot cost abnormalities in reporting data and liaise with relevant parties as necessary;
• Provide the support to Finance for External Audit and Tax Audit;
• Support Projec Manager with risk process and maintain an updated risk register;
• Support Project Manager to coordinate with all disciplines and providing input to the Manpower Management System (MMS);
• Prepare Project and Management ad hoc reports;
• Assist Senior Manager, Project Controls to maintain SEA project SharePoints, monitor SEA project report submission status;
• Maintain and manage projects’ EcoSys, which includes set-up project structure, update and input EcoSys with project financial data on monthly basis and produce EcoSys reports;
• Support Senior Manager, Project Controls on new system implementation.
  
  Job Requirements

• Bachelor’s Degree in Engineering or Science
• Minimum years of experience, 5  years of project cost control working experience in engineering & construction environment.