Published on www.monsterindia.com 14 Apr 2025
Job Summary:
Monitoring and analyzing cost expenditures to ensure the organization is operating efficiently and within budget.
Job Duties and Responsibilities:
- Checks cost to complete (Detailed and revised computed cost to complete required as early as possible, to be updated monthly thereafter.
- Checks all variances on Direct Cost (savings and overruns).
- Evaluates and reviews all data entry in ORACLE.
- Checks and records all project payables.
- Gathers and verifies actual costs and reconciles with the accounting costs.
- Initiates project cost review with PMT.
- Prepares / Checks Cost Evaluation Reports.
- Accountable for accurate analysis on variance and costs reports.
- Reviews and sets priorities in allocation of project funds for PM's guidance.
- Evaluates, checks and verifies billings and payables prior to release of payment.
- Coordinates with Planning Engineer and Quantity Engineer on progress accomplishment of activities.
- Monitors weekly and monthly progress accomplishments and manpower productivity reports to be included in the Project Review of Operations/4WLA.
- Checking of equipment utilization.
- Monitors subcontractor's accomplishments and billings.
- Responsible for the follow-up of billing and collection of payment.
- All other works as deemed necessary to ensure compliance to the policies, procedures and instructions set out by the department.
- Checking of Rental Billings and Ensure all attached documents were complete, creation of Purchase Requisition / Order thru BPA for preparation of Work Confimation Certificate
- For Subcon / Services Billings , Preparation of Work Confirmation Certificate for the Approved qty,
- Creates Receiving Report (RR) with ASN on Oracle My Receipts.
- Coordination with traffic group for ESD Billing concern.
- Consolidation of set up reference ; cost transfer, subcon, services, first bay ,emme , materials and other cost not included on actual cost.
- Preparation / Submission and Uploading of Cost Set-up Template to Oracle Fusion via Desktop Integration as per PCG-HB concern.
- Preparation of Cost Transfer/ Reclass memo for esd billing and other mischarging cost.
Job Qualifications:
- Bachelor of Science in Engineering (Civil, Mechanical, Electrical)
- Should be an Engineering Board Passer.
- 3-5 years' experience in Cost Engineer works.