Cost Control Engineer - MEP

Role Purpose

To monitor and control project costs for Innovo MEP, tracking actual expenditure against approved budgets and providing timely cost reports to support project management decision-making.

Key Accountabilities

Cost Monitoring

• Track and analyse project costs against approved budgets on a weekly and monthly basis.
• Identify cost variances and escalate significant deviations to the Cost Control Team Leader.

Cost Reporting

• Prepare monthly cost reports, cost-at-completion forecasts, and variance analyses.
• Maintain cost databases and ensure all project transactions are correctly coded.

Cash Flow Reporting

• Prepare project cash flow forecasts and track actual spend versus forecast.
• Highlight cash flow risks and funding gaps to the Cost Control Team Leader.

Budget Management Support

• Assist in project budget setup and cost baseline establishment.
• Liaise with QS, procurement, and finance to ensure cost data accuracy.

Change Control

• Track approved variations and update project cost baselines accordingly.
• Verify that cost impacts of change orders are correctly captured in cost reports.

Innovation & Value Creation

• Introduce modern tools, technologies and processes that improve efficiency and transparency.
• Encourage innovative thinking to enhance outcomes and reduce costs without compromising quality.

Qualifications, Experience, Knowledge & Skills

• Bachelor's degree in Engineering, Finance, or Quantity Surveying

• Minimum 4–6 years of cost control experience in MEP or construction

• Advanced Excel skills; ERP proficiency preferred

• Strong analytical and reporting skills