Cost Engineer (Project-based)

The Cost Engineer is responsible for cost management, cost control, change management, claims evaluation, forecasting, and commercial analysis of project activities. The role ensures accurate project cost monitoring, assessment of financial impacts arising from claims and variations, and timely reporting to support project performance, management decisions, and contractual compliance.

Key Responsibilities

• Monitor and control project costs by tracking budgets, commitments, expenditures, variations, and forecasts to ensure project financial objectives are achieved.

• Evaluate claims, variations, change orders, and commercial impacts by conducting cost analyses and validating supporting documentation to determine financial entitlement and exposure

• Prepare cost reports, forecasts, cash flow projections, and management dashboards to support project controls and decision-making requirements.

• Coordinate with Engineering, Construction, Procurement, Contracts, and Claims Management teams to assess cost implications of project changes, delays, disruptions, and contractual events.

• Support project budgeting, estimate reviews, and cost benchmarking activities to improve project cost performance and forecasting accuracy.

• Maintain cost databases, records, supporting documentation, and audit requirements to ensure data integrity and compliance with project controls procedures.

Technical Competencies

• Cost Engineering

• Project Controls

• Cost Estimating

• Cost Forecasting

• Budget Management

• Earned Value Analysis

• Claims Cost Evaluation

• Variation and Change Management

• Financial Analysis

• Cost Reporting

• Risk Assessment

• Advanced Microsoft Excel

• SAP, Primavera, ERP, or Cost Control System

Qualifications

Education

Bachelor's Degree in Civil Engineering, Industrial Engineering, Mechanical Engineering, Electrical Engineering, Construction Management, Quantity Surveying, or related discipline.

Experience

• At least five (5) years of relevant experience in project cost control, project controls, quantity surveying, cost engineering, or commercial management.

• Experience supporting claims management, contract administration, or project controls functions is preferred.

• Experience in power generation, renewable energy, infrastructure, EPC, or construction projects is highly preferred.

Other Requirements:

• Strong analytical and numerical skills.

• Proficient in Microsoft Excel and project control systems.

• Experience with Primavera P6, SAP, ERP, or equivalent systems is an advantage.

• Strong stakeholder coordination and reporting skills.