Project Cost Engineer (Fixed Term)
- Contract
- Fixed-term contract
- Minimum qualification
- Bachelor's degree
- Closing date
First listed . Last checked at source .
In brief
Overview Sappi is hiring an experienced Project Cost Engineer for a fixed-term position. The role involves participating in daily activities related to cost and accounting functions to ensure positive financial outcomes for projects. This position is primarily responsible for providing project cost control services on medium to to large capital projects. What you will do * Maintain a healthy project within the project budget and ensure compliance with project governance * Maintain financial control for a project and develop and execute the cost management plan to provide the Project Manager with accurate, up-to-date cost information to facilitate sound project decision-making. * Generate detailed costing for bill of materials utilising sourced market-related pricing. * Finalise coding of all detailed estimate line items using baselined project control budget to establish package/control budgets. * Monitor planning and progress of project achievements by using the project schedule to generate data and curves for each cost profile. Highlights any areas of concern with the cost owner for correction or comments thereof * Participates in the financial aspects within the tender process * Assign budget for procurement packages, perform budget reconciliation as per the scope and pricing, and produce reconciliation statement to support recommendations for award. * Reviews payment applications in compliance with contract agreements and approves payment certificates. Highlights and resolves any payment applications not in line with contract agreements * Record and maintain commitments based on procurement contracts, contract amendments, contract change notices, purchase order PO revisions * Forecast project contingency requirements, escalation, forex, currencies, etc * Import detailed actual cost and commitment data into the cost system and run a complete detailed baseline cost report by package * Participate in the trending and change management process and incorporate approved trends into the project estimate at completion. * Update and maintain budget with approved project change notices PCN * Generate cost reports and report on variances. * Generate data and curves for each cost profile baselines and periodic updates Requirements (from the original advert) * Relevant 3-year degree Engineering or BCom and appropriate experience NQF 7 qualification * Site construction experience would be advantageous * A proven track record in FEED Front-end engineering design and EPC phases of pulp & paper, refinery, oil & gas, petrochemical, or similar facilities, including revamp projects * Be fully versed with cost control principles, policies, procedures and financial systems * PM2 is advantageous Who should apply An experienced Project Cost Engineer with a relevant 3-year degree (Engineering or BCom NQF 7 qualification) and a proven track record in front-end engineering design (FEED) and EPC phases of projects in industries such as pulp & paper, refinery, oil & gas, or petrochemicals. The ideal candidate should be fully versed in cost control principles and financial systems. Site construction experience and PM2 certification are advantageous. Deadline Not specified Reference Original posting: https://www.myjobmag.co.za/job/project-cost-engineer-fixed-term-sappi Source: myjobmag
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Job description
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