Cost Control Engineer

Responsible for the daily monitoring, analysis, and control of project budgets within the Construction Division. The role focuses on tracking actual expenditures against approved budgets, analyzing cost variances, identifying financial risks, and providing regular reports and recommendations to management to ensure effective budget control and cost efficiency. Key Responsibilities Review and analyze approved project budgets and detailed cost breakdowns. Conduct daily monitoring of project expenditures against allocated budgets. Track and analyze labor, material, equipment, subcontractor, and operational costs. Identify budget deviations, cost overruns, and potential financial risks. Prepare daily, weekly, and monthly cost analysis and budget performance reports. Highlight unfavorable cost trends and recommend corrective actions to management. Coordinate closely with the Finance Department and Central Cost Control & Audit team to ensure accurate cost reporting and budget reconciliation. Verify cost records, commitments, actual expenses, and outstanding financial obligations. Follow up with Project Managers and site teams regarding budget utilization and cost performance. Provide management with accurate cost data and analysis to support financial and operational decisions.

Desired Candidate Profile

Bachelor's degree in Engineering or a related field. 3–5 years of experience in construction cost control or budget monitoring. Strong knowledge of construction budgets, BOQs, labor, material, and operational costs. Advanced Excel skills and strong data analysis capabilities. Excellent reporting, analytical, and communication skills. High attention to detail and ability to identify cost discrepancies. Employment Type Full-time

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