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Open nowFirst seen 5 days ago

Cost Monitoring Engineer

Filinvest Group466 open roles

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Your applicationOpen nowCost Monitoring EngineerFilinvest Group

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The clock on this job

Early applications get read.

12.3% of postings close within 7 days. Measured by our own scanner across the market. Filinvest Group postings stay open a median of 2 days.

Share of postings closed within
  1. 2.1%1 day
  2. 4.5%3 days
  3. 12.3%7 days
  4. 19.3%14 days
  5. 35.6%30 days
  6. 58.1%60 days
This job: first seen 5 days ago

Filinvest Group median: 2 days open

The posting

Job Summary

Responsible for the preparation, monitoring, and reporting of project cost data to support accurate cost tracking and forecasting. Ensures that project expenditures, commitments, and forecasts are properly recorded and aligned with approved budgets. Provides detailed cost analysis and assists in maintaining cost control systems for the project..

Duties and Responsibilities

BUDGET REPORT

· Prepare monthly budget reports, including new budget report templates and Cost-to-Complete analyses;

· Update budget reports for all awarded contract packages, change orders, and purchase orders;

· Maintain updated budget reports for contract listings and variation order listings;

· Reallocate budget for OSM to serve as a reference for E-procurement and external construction management.

BUDGET REALLOCATION AND RECONCILLATION

· Collaborate with departments such as Business Development, Accounting, Planning, Construction Management, and Contract Administration to facilitate budget reallocation as needed.;

· Reconcile Budget Report Monitoring with records from Accounting, Contract Administration, and Planning.

BUDGET ISSUES

· Coordinate with various departments (Business Development, Accounting, Planning, Construction Management, Contract Administration) to address budget-related issues and concerns.

UNIT COST AND PR MONITORING AND APPROVAL

· Providing estimated unit cost for the OSM, and coordinate with relevant departments regarding possible budget reallocations for the OSM;

· Monitor, review, and approve purchase requests (PR) in E-procurement.

OTHERS

· Providing detailed budget data (cost per sqm, unit cost data) that can be easily extracted and identify that will serve as a basis and guide for awarding new contract/assessment of possible change order/extra work, etc.;

· Collaborate with the PMO to develop and digitize the budget report template and other management-required reports.

Technical Competencies and Skills

• Knowledgeable in construction materials and work packages • Knowledgeable in Project management / Construction processes • Demonstrates strong written and verbal communication skills. • Able to meet deadlines and deliver work promptly. • Able to analyze data and produce Budget Reports and Cost-to-Complete Reports. • Possesses advanced expertise in Microsoft Excel.

Education, Trainings and Licenses Required

• Licensed Engineer (preferably Civil) • With at least 3 years working experience in construction

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