Cost Control Engineer

Rönesans Endüstri

We are looking for a ' Cost Control Engineer ' works related with EPC type of projects in our Istanbul Head Office.

• Bachelor’s Degree in Engineering or related discipline 
• Min 7 to 10 years of experience in Project Cost Control Management role and a thorough understanding of Cost Management Principles for EPC Power Projects  
• Technical/project exposure in an engineering environment is a plus 
• A master’s degree in business administration and/or professional cost control/accounting certification) is a plus 
• Excellent communication skills 
• Effective in working on deadlines; with sound commercial awareness and contract knowledge; good numerical and analytical skills; general management and project management skills.

Role responsibilities ;

• Work independently to perform a wide variety of cost accounting/control tasks including definition and monitoring of EPC Power project budgets, forecast/job to date cost accounting, weekly flash/ monthly cost reports, consolidation of cost codes, variance analysis. 
• Performs assigned duties needed to complete month end reporting requirements, account reconciliations and other period closing activities. 
• Review committed and actual project costs on regular basis, review and update cost coding and allocations in relevant system, review, analyze and update project cost forecast values. Assisting Project Managers in Optimizing and improving budgeted projects.
•  Develop change requests, variation orders in coordination with the PM. Review project invoicing for accuracy, completeness and timely processing. 
• Reconcile project cost reporting with accounting and financial records and monitor project cash flows to ensure correct levels of working capital 
• Prepare project close-out reports, and provide feedback to Estimating group during project execution and at completion to assist improving accuracy 
• Implements plans within his / her authority to address project issues and opportunities.  
• Participate in all project meetings related to subcontractors, project status, progress, scope, cost and schedule. 
• Assist in the development, review and implementation of key processes, policies and procedures related to cost accounting 
• Proactively review established cost control practices and procedures. Recommend changes in and additions to such practices and procedures. Implement such changes where applicable and approved in order to enhance the department’s efficiencies and effectiveness. 
• Act as a project point of contact for internal and external audits of all cost control functions by providing full assistance to the auditors 
• Proactively review and monitor subcontractors progress payments versus progress of works and compliance with terms of subcontract (if any).