Costing Engineer | Al-Oasis Contracting Company | Dammam, Saudi Arabia (2ndApril 2014 – till working)
I’m working as a Cost Control engineer in EPC Project. My responsibilities are
Ø Coordinates with project and support units to ensure timely and accurate cost data is available for preparation of cost reports for all ERP Projects.
Ø Closely monitor the procurement activities related to projects to identify areas of cost controls by categorizing purchase in accordance with the project requirements.
Ø Reviewing and cross-checking the purchase order.
Ø Making the comparison with execution budget and PO rate and give suggestion to the procurement department on purchasing.
Ø Preparation of project budget whenever is required.
Ø Review the project budget before approval and perform the following procedures on monthly basis:
§ Investigative procedures to detect the variance of actual cost from budget cost.
§ Diagnostic procedure to ascertain the causes of variance.
§ Corrective procedures to affect realignment between actual and budgeted costs.