Y-Axis Jobs Logo
Send us feedback
telephone  +91 7670 800 001
Log in Sign up Try Premium
COST CONTROL ENGINEER at NMDC Careers
, , United Arab Emirates -
Full Time

Start Date

Immediate

Expiry Date

29 Jul, 26

Salary

0.0

Posted On

30 Apr, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Cost Control, Budgeting, Value Engineering, InEight, Data Analysis, Cost Allocation, Earned Value Management, Project Management, Financial Reporting, Risk Identification, Tender Budgeting, Variance Analysis, Cost Forecasting, Commercial Awareness

Industry

Engineering Services

Description
Prepare detailed work budget/value engineering/budget scenarios. Accountable for project budget and cost control services for medium size projects. Responsible for timely preparation of detailed accurate Forecast cost on monthly / weekly intervals. Assist Sr. Cost Control Engineer/BCM to deliver thorough, independent and complete Cost Control Reports for ongoing Projects. Ensure the accuracy and integrity of data, correctness of cost allocation, analysis of cost/earn value trends Collect all relevant needed information (Tender budget, Progress, Actual data etc.) from the Estimators, Reporting/Planning engineers, Project manager, and from Finance department etc. Process and analyse all gathered data into project control software (InEight) and create budget forecast. Timely preparation of budget reports, analysis of trends, comparison with Cost, earn value, explanation of variances. Regularly visit project site, coordinate and consult with project management team, inform them of critical issues. Assign and approve Budget for PR / IR, as per approved Work Budget. Ensure gathered date and Budget information is maintained and knowledge is transferred to estimation and commercial department. Budget reports preparation, support of Sr. Cost Control Engineer/BCM in ongoing projects and non-routine activities. Identify the Risks, opportunities & assumptions made within the Work budget
Responsibilities
The Cost Control Engineer is responsible for preparing detailed work budgets, tracking project costs, and providing accurate monthly or weekly forecasts. They must analyze cost trends, manage budget allocations, and coordinate closely with project management teams to address critical issues.