Quantity Surveyor / Cost Engineer

The Cost Engineer is responsible for monitoring, controlling, and reporting project costs to ensure that the mid-rise building project is completed within the approved budget. The role covers cost estimation, budget monitoring, quantity and cost tracking, variation assessment, progress evaluation, forecasting, and preparation of cost reports.

Key Responsibilities1. Cost Monitoring and Control

• Monitor actual project expenditures against the approved project budget.
• Maintain and update the project cost control system.
• Track costs for materials, labor, equipment, subcontractors, and other project resources.
• Identify cost variances and potential cost overruns and recommend corrective actions.
• Monitor committed costs, actual costs, and forecast costs.
• Ensure proper allocation of costs to the appropriate project activities and cost codes.

2. Quantity and Cost Management

• Review quantities based on approved drawings, specifications, BOQ, and site measurements.
• Conduct quantity take-offs and verify quantities submitted by subcontractors and suppliers.
• Monitor material consumption and wastage.
• Check material and equipment costs against approved budgets and purchase orders.
• Assist in maintaining an updated cost database for construction materials and labor.

3. Progress and Billing

• Monitor physical progress against planned project progress.
• Coordinate with the Planning Engineer, Quantity Surveyor, Site Engineers, and Project Engineer to verify completed works.
• Assist in evaluating subcontractor progress billings and payment claims.
• Verify quantities and supporting documents before recommending payment.
• Prepare progress cost reports and earned value information when required.

4. Variation and Change Order Management

• Review and evaluate potential variations, change orders, and additional works.
• Prepare cost estimates for design changes and site instructions.
• Maintain a variation/change order log.
• Monitor approved and pending variations and their impact on the project budget.
• Coordinate with the Project Manager, Quantity Surveyor, consultants, and subcontractors regarding cost implications of changes.

5. Budget and Forecasting

• Establish and maintain project cost baselines.
• Prepare monthly cost forecasts and estimate-at-completion (EAC) reports.
• Analyze cost trends and identify potential budget risks.
• Assist in preparing cash flow projections based on project activities and planned expenditures.
• Provide management with recommendations for cost-saving opportunities.

6. Procurement and Subcontractor Cost Control

• Coordinate with procurement personnel regarding material and equipment costs.
• Review purchase orders and subcontract agreements from a cost-control perspective.
• Monitor committed costs and outstanding commitments.
• Compare supplier/subcontractor quotations and assist in cost evaluation.
• Track subcontractor costs against approved contract values.

7. Reporting and Documentation

• Prepare daily, weekly, and monthly cost reports as required.
• Maintain cost reports, commitment registers, variation logs, and supporting documentation.
• Prepare cost variance analysis and management reports.
• Ensure cost records are accurate, complete, and properly updated.
• Provide timely cost information to the Project Manager and management team.

Qualifications

• Bachelor’s Degree in Civil Engineering, Construction Management, Quantity Surveying, or a related field.
• Minimum 2–5 years of relevant experience in construction cost control, quantity surveying, or project cost management.
• Experience in mid-rise/high-rise building construction is preferred.
• Strong understanding of construction BOQs, contracts, quantities, and project budgets.
• Experience working with contractors, subcontractors, suppliers, and consultants is an advantage.

Technical Skills

• Proficient in Microsoft Excel and other Microsoft Office applications.
• Knowledge of construction cost-control systems and software.
• Ability to perform quantity take-offs and cost analysis.
• Familiarity with construction contracts, BOQs, variations, and payment procedures.
• Ability to read and interpret architectural, structural, and MEP drawings.
• Knowledge of project scheduling and progress measurement is an advantage.
• Familiarity with AutoCAD and/or construction management software is preferred.

Pay: Php30,000.00 - Php40,000.00 per month

Work Location: In person