Process Planning and Cost Control Engineer at M-P Infrastructure Limited

Job Purpose

• The Process and Cost Control Engineer (PCCE) is primarily responsible for developing project plans, scheduling, and budgeting to monitor and control costs effectively by forecasting project expenses, assessing financial risks, and implementing cost-saving measures. In addition, ensures project performance is analyzed against budgeted figures, identifies variances, and recommends solutions to mitigate financial discrepancies.

Responsibilities

• Prepare detailed reports for stakeholders, providing insights into the project’s financial health and progress.
• Ensure resources are allocated efficiently and projects are aligned with strategic objectives. By optimizing project execution through meticulous planning and cost management, they contribute significantly to the success and profitability of engineering projects.
• Development of Cash flows and providing the Accounting department with the necessary information for invoicing and accounting and all the month-end processes
• Administers budget variance tracking for the project
• Review new project budget and cost codes against estimates
• Manage all Project Status Reports with the line Managers prior to issuing to the Corporate Office
• Analyze department team forecasts
• Review status of the project Change Order
• Manage the Contract Modification process within the review final entry before posting
• Review project Cash flow reports with each project team
• Undertake cost control activities for the project to ensure costs are within the project budget.
• Coordinate all cost control functions for team and ensure that specifications, standards, budget and time lines are met while monitoring and reporting all processes relating to all activities on project sites for management decision-making.
• Develop and roll out the change management system
• Facilitate cost trending and project performance review meetings
• Provide input to client billing (preparation of a schedule of values), analyze revenue and cost reports, included margin analysis
• Provide budgetary input to the bidding process and participate in supplier appraisal process as required
• Ensuring accurate records are maintained in the Cost Control Program (SEO)

Education / Qualifications

• Degree in Engineering, Quantity Surveying with specialization in Project Management or Cost Control related certification.

Experience:

• Minimum of 8 years cumulative experience, and the below in Road construction;
• Minimum 4 years of experience with Project Controls concepts (project initiation, planning, execution, monitoring & controlling, closeout) field or home office
• Minimum 4 years of experience with Cost Engineering concepts (project estimating, forecasting, cost controls and variance reporting)
• Minimum 4 years of experience with ERP systems for identifying and reporting actual costs posted to projects
• Minimum 4 years of experience with Project Management Document management software tool applications experience (ECM, File Net, Sharepoint).