Cost Engineer

Job Duties and Responsibilities :

• Checks cost to complete (Detailed and revised computed cost to complete required as early as possible, to be updated monthly thereafter.
• License Engineer is Preferred
• Checks all variances on Direct Cost (savings and overruns).
• Evaluates and reviews all data entry in ORACLE.
• Checks and records all project payables.
• Gathers and verifies actual costs and reconciles with the accounting costs.
• Initiates project cost review with PMT.
• Prepares / Checks Cost Evaluation Reports.
• Accountable for accurate analysis on variance and costs reports.
• Reviews and sets priorities in allocation of project funds for PM’s guidance.
• Evaluates, checks and verifies billings and payables prior to release of payment.
• Coordinates with Planning Engineer and Quantity Engineer on progress accomplishment of activities.
• Monitors weekly and monthly progress accomplishments and manpower productivity reports to be included in the Project Review of Operations / 4WLA.
• Checking of equipment utilization.
• Monitors subcontractor’s accomplishments and billings.
• Responsible for the follow-up of billing and collection of payment.
• All other works as deemed necessary to ensure compliance to the policies, procedures and instructions set out by the department.
• Checking of Rental Billings and Ensure all attached documents were complete, creation of Purchase Requisition / Order thru BPA for preparation of Work Confimation Certificate
• For Subcon / Services Billings , Preparation of Work Confirmation Certificate for the Approved qty,
• Creates Receiving Report (RR) with ASN on Oracle My Receipts.
• Coordination with traffic group for ESD Billing concern.
• Consolidation of set up reference ; cost transfer, subcon, services, first bay ,emme , materials and other cost not included on actual cost.
• Preparation / Submission and Uploading of Cost Set-up Template to Oracle Fusion via Desktop Integration as per PCG-HB concern.
• Preparation of Cost Transfer / Reclass memo for esd billing and other mischarging cost.