Cost Control Senior Engineer

· Prepare the project cash flow during the bidding stage.
· Upon initiating the project, Assist in Making Scope and Cost validation of RBI.
· After RBI validation, assist in creating Project Cost Budget along with the cost baseline.
· Upon initiating the project, prepare project invoicing plan and update it on a bi-weekly basis based on actual progress and report the deviation of actual invoicing versus plan/update
· Upon initiating the project, prepare the Base cash flow and update it on monthly basis.
· On a daily basis, review all cost data source documents, assign the proper Task/Expenditure and maintain project records of these cost data.
· On a daily basis, make budget/payment terms verification for each (PO, SC, Fixed Asset, Manpower, etc.) and report the deviation and impact if any.
· On a daily basis, keep the budget always updated with both client variations and internal changes.
· On a weekly basis, Monitor the work productivity of both Manpower and Equipment, verify its actual cost per work Item versus its Equiv. budget/established norms and report the deviation.
· On-Monthly basis, Prepare the earned value analysis report and report the cost variance to-date
· To assemble data and assist in the preparation of project cost forecast report.
· To be able to study project scope of works contract requirements related to planning, technical layouts/ drawings, and Bill of quantities.
· To participate in workshops with different disciplines to assure the technical understanding of project scope in a detailed manner.
· To participate in the preparation of project baseline detailed schedule in coordination with different project teams using planning software.
· To divide project schedule based on disciplines specialization and to detail the schedule up to project required levels.
· To participate with other project teams to allocate quantities, cost, manpower, and other project factors over schedule activities.
· To monitor and update planned versus actual status based on daily project’s actual records.
· To prepare different project reports such as (Daily, Weekly, Bi-weekly, and Monthly Reports).
· To follow day to day project critical items, any potential delays, risks, and near critical activities.
· To participate in the preparation of project recovery/acceleration schedules.