Cost Engineer

Job Description

Key Responsibilities: Prepare detailed cost estimates for projects, including materials, labor, equipment, and overheads. Develop and maintain project budgets and cost control reports. Monitor project expenses and compare actual costs against budgets to identify variances. Assist in the preparation of project proposals, bids, and contract pricing. Analyze cost data and provide recommendations for cost-saving and efficiency improvements. Collaborate with procurement, engineering, and project teams to ensure cost-effective decisions. Track change orders and variations, ensuring proper documentation and cost adjustments. Prepare forecasts and cash flow reports for ongoing projects. Support project managers in financial reporting and audits. Maintain cost databases and historical cost records for future reference. Qualifications & Skills: Bachelor's degree in Engineering, Construction Management, Finance, or related field. 25 years of experience in cost estimation, project cost control, or quantity surveying. Strong knowledge of cost estimation tools and software (e.g., MS Excel, Primavera, CostX). Understanding of construction methods, materials, and project management principles. Excellent analytical, numerical, and problem-solving skills. Strong attention to detail and organizational skills. Good communication and interpersonal skills.