- Performance monitoring and control functions for specific applications per applicable procedures.
- Maintain cost budgets and accurate cost forecasts, utilizing a change management system and monitoring project status. Perform ongoing cost data and cash flow analysis.
- Forecast monthly incurred costs, prepare monthly cost accruals, and explain the variances.
- Support efforts to re-cast project estimates into manageable cost control budgets per project requirements.
- Maintain or coordinate the project cost change management system (trending).
- Execute month-end activities in a timely manner to meet reporting deadlines.
- Use Engineering Material Take Offs (MTO's) to verify scope and budget.
- Forecast cost escalation for assigned scope and monitor the escalation exposure.
- Reconcile received bids with control budgets for a specific scope.
- Prepare pricing schedules for construction contracts to support the RFP process.
- Establish Payment Milestones and methodologies – Rules of Credit/Milestone Based Progress etc.
- Support the commercial evaluation cycle for Construction and Procurement Packages.
- Prepare and review distributable and/or contractors indirect cost estimates; developing basis for temporary facilities, miscellaneous construction services, construction tools and equipment, non-manual manpower, start-up services, payroll taxes and insurance, camp facilities and operation, and other field office costs.
- Other duties as required.
- 5 - 10 years experience in a Project Controls related field with increasing levels of responsibility. Demonstrates a willingness and aptitude to learn more about Cost Control and overall Project Controls.
- Experience with, or skilled in understanding technical processes, engineering drawings, quantity determinations, and mathematical and financial reports.
- Familiar with engineering, procurement, contracts, construction, and startup work processes and management. Knowledge level is dependent on area of cost control specialization.
- Familiar with the concept of Project Codes of Accounts (COA).
- Knowledge of cost/financial reporting systems and analysis e.g., forecasting, change management, metrics, Quantity Unit Rate Reporting).
- Strong knowledge in project controls software such as EcoSys, SAP, and Oracle (or Oracle JDE) is an asset.
- Knowledge in capital cost estimating and services estimating.
- Familiar with cash flow development and assessment.
- Knowledge of cost control interfaces with project planning and scheduling.
- Skilled in oral and written communication.
- Works well in a team environment.
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Area Cost Engineer - Calgary, Canada - Bantrel Co.
Description
Job DescriptionWe are currently seeking a qualified Area Cost Engineer to join our Energy team, based out of Calgary, AB.
Join us in this full time permanent role and be a champion of diversity and inclusion.
Duties & Responsibilities:
Our culture is guided by our Mission and Values, these shape how we treat one another, our Clients, and how we achieve excellence. Bantrel has a long and vibrant history of local community involvement, employee volunteerism, and corporate philanthropy.
We offer a competitive compensation package, a great learning environment, interesting & challenging work and the opportunity for career advancement.
As part of the recruitment process, successful clearance of applicable pre-employment checks is required which may include Criminal Background/Police Information check, Drug & Alcohol test, Reference checks as well as submittal of Provincial Driver's Abstract. Please note only those candidates selected for interview will be contacted - all other resumes will be retained for future consideration. No phone calls or unsolicited agency resumes please.