Cost Engineer

Cost Engineer
Company:

Findojobs South Africa



Job Function:

Engineering

Details of the offer

Job Title: Cost Engineer Job Type: Contract, expected to work Full-Time hours Job Description This position involves managing and controlling costs related to mining projects to ensure financial efficiency and project success. Required Qualifications: Cost Engineering qualification, preferably AACE® International Cost Control Professional (CCP) Bachelors degree in engineering, Quantity Surveying, Construction Management, or a related field. Professional certifications such as CCP (Certified Cost Professional) or AACE (Association for the Advancement of Cost Engineering) accreditation. Certification or training in project management (e.g., PMP certification) is preferred. Postgraduate qualification in a cost engineering or project management-related field (preferred) Minimum requirements: Minimum of 5-7 years of experience in cost engineering or cost control in industries such as construction, engineering, oil & gas, or infrastructure. Proven experience in managing project cost estimation, cost control, and forecasting processes on large, complex projects. At least 3 years of experience with cost management tools such as Primavera, SAP, or Oracle Primavera Unifier. Strong familiarity with Earned Value Management (EVM) principles and their application to cost control and reporting. Experience in working with cross-functional teams, including project management, procurement, and finance. Software requirements: Microsoft Suite (Word, Excell, PowerPoint) SAP, Oracle, or Primavera P6 Advanced knowledge of cost estimation software Skill: Proficiency in cost management and financial analysis software such as SAP, Oracle, or Primavera P6. Advanced knowledge of cost estimation methodologies, including top-down, bottom-up, and parametric estimating. Strong analytical and numerical skills, with the ability to interpret data to create accurate cost forecasts. Excellent communication and report writing skills to present cost information to non-technical stakeholders. Solid understanding of financial principles, such as budgeting, accounting, and financial reporting. Advanced skills in Excel, including pivot tables, macros, and advanced financial modelling. Ability to assess risks and variances and implement corrective measures to maintain cost control. Advanced problem-solving skills Responsibilities: Review of the cost estimate (incl. comprehensive understanding of the basis of estimate), cash flow forecast and alignment with scope, WBS and schedule The development of an integrated cost control plan incorporating all stakeholders and technical functions, with specific emphasis on integration with the Schedule Management Plan Set-up of the required cost controls elements (Data flow and integration from Engineering through to commissioning) Monitoring all cash-flow, providing accurate reports of progress, variance to plan, root cases and remedial actions Monitoring the greater environment to identify the potential risks to the cost and financial model Behavioural: Attention to Detail: Must demonstrate a high level of precision in cost reporting and forecasting to avoid inaccuracies that may impact the project's financial health. Proactivity: Should actively monitor cost trends and implement corrective actions as soon as cost deviations or risks are identified. Critical Thinking: Ability to analyse data, foresee potential cost challenges, and propose solutions or alternatives that minimize financial risk. Effective Communicator: Able to present complex financial data in a clear and concise manner to both technical and non-technical audiences. Integrity: Upholds high ethical standards in managing project costs, ensuring transparency and accountability in all financial activities. Team Collaboration: Must be able to work effectively with project managers, engineers, finance teams, and procurement to ensure alignment on cost control measures. Adaptability: Able to handle changing project scopes, requirements, or external economic factors with a flexible and solution-oriented approach. Resilience: Capable of managing pressure and competing priorities while maintaining focus on achieving cost control objectives.


Source: Adzuna_Ppc

Job Function:

Requirements

Cost Engineer
Company:

Findojobs South Africa



Job Function:

Engineering

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