Cost Control Engineer

Job description ·Implement cost control plans on time and coordinate with the project managers, technical offices and tender department for collecting all data and required documents and making sure it is correct.

·Study and analyze items of technical works, the stages and period of project implementation, project needs, lists of quantities and other cost elements, prepare tables of cost estimate and balance of project implementation and submit it to the line manager for revising.

·Study the items of direct and indirect costs for identifying cost centers according to that and upload the expense items on its cost center and review it with the line manager.

·Prepare the reports of project cost control, including statements of project estimated costs compared to the actual costs, submit the reports to the line manager, analyze deviations, explain the reasons for the expected risks and suggest the corrective and preventive actions to be taken.

·Follow-up with project managers the position of projects towards the timelines, requirements and new work items, study the effect of that on direct and indirect expenses and update project balances according to the line manager directions.

·Prepare reports that include the comparisons between the actual prices for project needs and the specified price at studies explaining deviations and its effects and coordinate with a procurement department to study the ability of cost control.

·Prepare an integrated and updated database includes the costs of every project element to be a reference for the estimation of the future project costs.

·Help the line manager to prepare the reports and final statistics that reflect the final costs of technical work items of the project.