Senior Cost Engineer
Req Id:
20328
Job Family:
Cost Engineering
Location:
Kuala Lumpur, MY, 50470
Additional Location:
Description:
Purpose
- The purpose of a Senior Cost Engineer is to review and validate project cost estimation, budgeting, and financial planning processes. This role involves collaborating and challenging project teams to provide costeffective estimates in accordance with schedule and execution plan.
Responsibilities
- The Senior Cost Engineer is responsible for the verification, consolidation of accurate estimates, effective management, and reliable control of project costs throughout the project lifecycle. This role involves developing and controlling cost estimates, analyzing cost variances, and ensuring that projects are completed within approved budgets. The Cost Engineer collaborates with project managers, engineers, finance teams, and other stakeholders to provide financial insights and support effective decisionmaking.
Education
- Bachelor’s degree in Engineering, Construction Management, Finance, or a related field. A professional certification (e.g., AACE, PMP, CCE) is a plus.
Experience
- Minimum of 5-10 years of experience in cost engineering, project cost control, or a similar role. Experience in construction, engineering, oil & gas preferred.
Functional Competencies
Invoice management
Analytics and reporting
Cost Control and performance management execution
Cash Management
SBM Product Knowledge
Risk and Internal control
Budgeting and forecasting
Project budget set-up
Project Cost Management
Contractual and commercial