Planning and Cost Engineer

Job type: Permanent
Contact name: Shadhanand Prem Kumar

Contact email: shadhanand@aurora-talent.com
Job ref: 33941
Published: about 1 month ago

The Planning and Cost Engineer Reporting directly to the Head of Projects, The ideal candidate will bring a strong analytical mindset, attention to detail, and the ability to collaborate seamlessly with project teams.

 

Key Responsibilities: Projects Support:

 

• Will oversee the following activities to support the Projects and Development Team:

 

o Project Scope - WBS

o Project Schedule – Critical Path, Milestones etc.

o Cash Flow, S-Curve, etc., Drawdown Schedule and Forecasting

o Construction Methods & Logistic Plan

oBOQ & UPA

o CAPEX estimate

o OPEX estimate

o Project Health Indices

 

Cost Estimation:

• Collaborate with project managers, engineers, and other stakeholders to develop comprehensive and accurate cost estimates for projects.

• Conduct thorough cost analysis to identify potential cost-saving opportunities and optimize project budgets.

 

Budgeting and Forecasting:

• Work closely with the Project Manager to establish and monitor project budgets, aligning them with organizational goals and financial objectives

• Assist in the preparation of regular budget forecasts, providing timely updates and recommendations.

 

Cost Control:

• Implement robust cost control measures to proactively manage project expenses and prevent budget overruns.

• Conduct regular reviews of project expenditures, identifying variances and implementing corrective actions as needed.

 

Financial Reporting:

• Prepare detailed financial reports and present cost-related information to the Head of Projects and other stakeholders.

• Conduct regular variance analysis to identify deviations between planned and actual costs.

• Provide insights and analysis on cost performance, highlighting areas for improvement and efficiency.

 

Collaboration:

• Collaborate with project teams to investigate and explain variances, facilitating informed decision making.

• Work closely with procurement and finance teams to optimize cost-effectiveness in the acquisition of materials and services.

 

Skills and Qualifications:

• Strong project management and business process skills.

• Proven experience as a Cost Engineer or in a similar role within project management.

• Strong understanding of cost estimation, budgeting, and financial analysis.

• Proficiency in relevant software and tools, such as Microsoft Excel and project management software.

• Excellent communication skills and the ability to present complex financial information in a clear and concise manner.