Singapore

COST CONTROL ENGINEER, Singapore

COST CONTROL ENGINEER, Singapore
Description
Key Responsibilities: 1. Budget Support & Data Maintenance (Budget Compiling) Cost Data Preparation: Assist in the preparation of project target costs by compiling data from drawings, historical benchmarks, and vendor quotations. System Setup: Input and maintain the Cost Breakdown Structure (CBS) within the project management, ensuring all labor, material, and subcontracting codes are accurately allocated. Resource Tracking: Help establish baseline quantities for key materials and man-hours to facilitate future variance analysis. 2. Procurement Support & Price Comparison Quotation Analysis: Perform detailed commercial comparisons of vendor quotes to ensure alignment with the target budget and technical specifications. Contract Documentation: Assist in the preparation of contract documents, ensuring all agreed-upon pricing schedules and payment terms are accurately reflected. Quantity Verification: Cross-check procurement requests against the master quantity take-off to prevent over-ordering. 3. Cost Monitoring & Reporting (During Construction) Monthly Cost Reporting: Generate regular reports comparing 'Actual Cost to Date' against 'Budgeted Cost' and 'Forecast at Completion,' highlighting specific areas of overspend. On-site Progress Verification: Conduct regular site visits to verify physical progress for the validation of subcontractor progress claims and progress billings. Commitment Tracking: Maintain a commitment ledger to track all issued Purchase Orders (POs) and Subcontracts to ensure the project remains within the authorized spending limit. 4. Variation Tracking & Records Management VO Documentation: Maintain a comprehensive register of all Variation Orders (VOs) and Site Instructions, tracking their status from notification to final agreement. Cost Impact Support: Prepare preliminary cost estimates for design changes or site disruptions to help the project team assess financial feasibility. Evidence Collection: Systematically organize site records (photos, day-work sheets, and correspondence) to support the preparation of formal claims or to defend against counter-claims. 5. Settlement & Data Reconciliation (Post-Construction) Account Reconciliation: Assist in the reconciliation of final accounts with subcontractors and suppliers, ensuring all back-charges and retention sums are correctly applied. Final Statement Preparation: Compile the necessary financial data for the final project account submission to the client. Data Archiving: Organize project cost data and 'as-built' quantities into the company database to improve the accuracy of future project estimates Requirements: Minimum qualification in Bachelor's Degree in Construction Management, Quantity Surveying, Mathematical Sciences, or any related field. Open to fresh graduates. Candidates with a strong analytical mindset are encouraged to apply. Professional fluency in written and spoken Mandarin is required, as the role involves preparing cost reports in Chinese and liaising directly with our Headquarters in China. Working location: West Region
Highlights
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