Senior Cost Engineer Job Description
As a seasoned cost engineer, you will play a crucial role in translating complex data into actionable insights that drive business decisions. Your expertise will help streamline cost control tools, processes, and procedures to maximize efficiency.
Key Responsibilities:
* Translate complex financial data into clear, actionable insights for stakeholders and project teams.
* Develop and implement cost control strategies to minimize expenses and optimize budget allocation.
* Mentor junior cost control staff to enhance their skills and knowledge.
* Collaborate with project managers and budget holders to ensure effective financial oversight and risk management.
* Prepare timely and accurate periodic cost reports to inform business decisions.
* Coordinate with engineering teams to resolve discrepancies and mitigate risks.
* Monitor expenditures, analyze variances, and present findings to relevant stakeholders.
* Forecast costs for project line items in collaboration with project teams.
* Assess potential variations and claims from subcontractors and vendors.
* Support ad hoc cost analyses and participate in project review meetings as required.
* Act as a liaison between engineering, accounts, and project teams to ensure financial clarity and transparency.
* Recommend process improvements for more effective cost control and optimization.
* Build and maintain historical cost databases for future reference and decision-making.
Requirements:
* Proven experience in cost engineering and financial analysis.
* Strong technical expertise in cost estimation, budgeting, and forecasting.
* Excellent communication and interpersonal skills to collaborate with cross-functional teams.
* Ability to work under pressure and meet tight deadlines.
* Knowledge of industry standards and regulations.
Benefits:
* Opportunity to work on high-profile projects and contribute to business growth.
* Competitive salary and benefits package.
* Professional development opportunities to enhance your skills and knowledge.
* Collaborative and dynamic work environment.
What We Offer:
* A supportive and inclusive team culture.
* Ongoing training and professional development opportunities.
* Competitive compensation and benefits package.
* The chance to work on exciting projects and make a meaningful impact.