
Senior Cost Engineer
- Mowbray, Cape Town
- Permanent
- Full-time
- Participate with project team members in project set-up to establish:
- Work breakdown structure
- Procurement and subcontracts operations plans
- Project code of accounts and the cost breakdown structure (capital cost reporting)
- Mapping of WBS - CBS - packages (EWP, PWP, CMP) - Activity coding - deliverable lists
- Project cash flow and forecasting
- Labour/resource planning
- Earned Value Management analysis using various EVM techniques
- Lead the cost engineering team (project specific) in establishing project cost control base and reporting/control routines and workflows.
- Supervise, audit with overall responsibility for the activities of the cost engineering staff on a project (if applicable). If not applicable, then to carry out the activities of these functions.
- Establish and maintain clear lines of communication within the project for efficient cost control.
- To ensure the smooth and efficient operation of cost systems active on the project.
- Monitor and control site cost engineering or support to the Site Cost Engineer / Cost Accountant
- Report to the Project Controls Manager and Project Manager (project specific) all problem areas on the project to enable timeous action to be taken.
- Participate in functional audits of cost engineering functions.
- Support Commercial in the preparation/review of proposals/bids/tenders.
- Prepare and ensure accuracy of the project statistics.
- Budget and Change Management Control throughout the project lifecycle.
- Assist with risk mitigation.
- Measure project performance, ensuring cost targets are met at project close out.
- Assessment of all budgets and cost projections / trends.
- Commit to maximising efficiency at all levels without compromising quality.
- Close collaboration with the Planning and Procurement teams to facilitate effective cost techniques and control including forecasting.
- Presentation of monthly cost reports and alert reports to the Project Manager and Senior Management.
- Report on Project finance, including deviations and trends.
- Support key project personnel, by providing cost control guidance.
- Close collaboration with the Planning and Procurement teams to facilitate effective cost techniques and control including forecasting.
- Work in conjunction with all department heads/project teams to ensure maximum profitability.
- Develop and implement proactive solutions and cost-cutting measures.
- Present new strategies and assessments to stakeholders in a compelling fashion.
- Supervise the close out of project accounts upon project completion.
- Support and mentor cost control team.
- Relevant Tertiary-level qualification, preferably in Accounting, Cost Control or Quantity Surveying
- Minimum 8 years' proven working experience in same or similar role, in an EPC or EPCM environment preferably within mining/minerals.
- South African Citizen or Permanent Resident
- Cape Town based
- Proven experience in Cost Management.
- Knowledge and experience in AACEI standards and guidelines for cost management.
- Sound knowledge of best practices in estimating, cost control, financial reporting, planning/scheduling and the procurement lifecycle.
- Advanced proficiency in MS Office suite of programmes
- Demonstrate ability to and/or proficiency in the use of specific, relevant proprietary software packages.
- Solid technical aptitude, analytical and problem-solving skills.
- Ability to work effectively with minimal supervision whilst consistently producing a high quality of deliverables.
- Demonstrate ability to and/or proficiency in the use of relevant ERP and Project Management software packages.
- Excellent organisational and personal time management skills.
- Well-developed written and verbal communication skills
- Invest in our people for the long-term, building a diverse and rewarding career, mentored by the best in the industry.
- Allow our people to balance work with other commitments, like family or study, offering flexible work arrangements.
- Are undertaking significant people and technology initiatives that will support the workplace of the future.