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Open nowPosted 3 days ago

Cost Engineer

MyCareersFuture94,028 open roles

Pay
SGD 7,500 – SGD 12,000 a month
Where
Singapore
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Your applicationOpen nowCost EngineerMyCareersFuture · Singapore

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Share of postings closed within
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  2. 3.4%3 days
  3. 7.9%7 days
  4. 14.2%14 days
  5. 34.1%30 days
This job: posted 3 days ago

The posting

Job Description

We are seeking an experienced Cost Control Engineer to support cost management and financial monitoring fora large-scale hospital development project in Singapore.

Key Responsibilities:

  • Monitor and control project costs against the approved budget throughout the project lifecycle.
  • Prepare and maintain project budgets, cost reports, forecasts and cost projections.
  • Monitor actual expenditure, commitments, subcontract costs, procurement costs and variations.
  • Analyse cost variances and identify potential cost overruns and cost risks.
  • Prepare monthly cost reports and provide timely cost information to Project Management.
  • Review subcontractor and supplier payment claims against contract terms, work progress and supporting documents.
  • Monitor project variations, claims and their cost implications.
  • Coordinate with Quantity Surveying, Commercial, Procurement, Planning and Project teams on cost-related matters.
  • Assist in preparing cost forecasts and cash-flow projections.
  • Maintain accurate records of project costs, commitments and commercial documentation.
  • Provide cost analysis and reports to support project management and cost-control decisions.
  • Perform other cost-control and commercial duties as assigned.

Job Requirements

  • Degree or Diploma in Civil Engineering, Quantity Surveying, Construction Management, or a related discipline.
  • Minimum 5 years of relevant experience in construction cost control.
  • Relevant experience in hospital or healthcare construction projects is required.
  • Experience in large-scale building construction projects will be an advantage.
  • Good knowledge of construction cost management, budgeting, forecasting and cost reporting.
  • Experience in monitoring subcontractor costs, procurement costs, variations and claims.
  • Familiarity with construction contracts and commercial management practices.
  • Proficient in Microsoft Excel and other cost-control/project management software.
  • Experience with ERP systems is an advantage.
  • Knowledge of Primavera P6 and integration of project schedule and cost information will be an advantage.
  • Strong analytical, numerical and problem-solving skills.
  • Good communication and coordination skills.
  • Able to workindependently and meet project deadlines.
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