Cost Control Engineer - Energy Jobline SS

Contract Type: Contract Day Rate: 505 USD

Overview Energy Jobline is supporting a major international energy infrastructure programme and is seeking an experienced Cost Control Engineer to support financial monitoring and cost management across a large-scale project.

The role will focus on tracking project expenditures, forecasting financial performance, and ensuring project delivery remains aligned with approved budgets and contractual requirements.

The Role Reporting to the Project Services Manager, the Cost Control Engineer will support project leadership by providing detailed cost analysis, forecasting, and financial reporting throughout the project lifecycle.

Working closely with project controls, planning, procurement, and engineering teams, the role ensures accurate cost tracking and supports decision-making through reliable financial insights.

Key Responsibilities

Develop and maintain the project cost control framework aligned with the Project Execution Plan

Establish and manage Cost Breakdown Structures (CBS) and Work Breakdown Structures (WBS) for project cost tracking

Support preparation of project budgets and allocation of costs across disciplines and subcontractors

Monitor actual expenditures against approved budgets and contractual commitments

Analyze cost trends and identify potential cost overruns or financial risks

Ensure accurate cost coding and financial tracking within project financial systems

Monitor vendor and subcontractor costs to ensure compliance with contract terms

Prepare monthly cost reports including actuals, commitments, forecasts, and variance analysis

Provide Estimate at Completion (EAC) and Estimate to Complete (ETC) forecasts

Support evaluation of cost impacts related to project variations and change orders

Maintain records of approved and pending cost variations and financial risks

Support project management with cost performance data for project review meetings

Skills & Experience

Strong experience in project cost control and financial reporting within large engineering or infrastructure projects

Ability to perform detailed cost analysis, forecasting, and variance evaluation

Familiarity with cost management systems and ERP platforms

Understanding of project execution environments including fabrication, procurement, and offshore installation activities

Strong analytical, reporting, and problem-solving capabilities

Effective communication and cross-functional coordination skills

Qualifications

Bachelor’s Degree from an accredited university

Minimum 8 years’ experience in project cost control or project controls within energy or infrastructure projects

Experience supporting projects involving fabrication, procurement, logistics, and offshore operations

Excellent written and spoken English communication skills

Additional Information The advertised day rate applies to independent consultants operating on a contract basis. Candidates who prefer to be engaged as employees of the client may be offered a different remuneration structure.

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