Cost Control Engineer Resume
Summary : As a Cost Control Engineer, tracked record in managing project finances and ensuring cost efficiency, utilized skills in cost estimation, budgeting, and financial analysis to contribute to the success of a dynamic organization.
Skills : Financial Analysis, Project Management.
Description :
- Collaborated with project managers and stakeholders to gather project requirements and establish cost estimates.
- Monitored project expenditures, analyzing variances and implementing corrective actions to maintain financial targets.
- Prepared and presented regular cost reports to senior management, highlighting key financial metrics and project status.
- Conducted risk assessments and provided recommendations for mitigating potential cost overruns.
- Worked closely with procurement teams to optimize vendor contracts and negotiate favorable terms.
- Implemented cost-forecasting models to predict future project expenses and identify potential cost-saving opportunities.
- Assisted in the development and improvement of cost control tools and processes.
Experience
10+ Years
Level
Senior
Education
Bachelor's Degree in Engineering
Cost Control Engineer Resume
Summary : As a Cost Control Engineer, streamlined cost control processes by leveraging technology and automation tools. Responsible for assisting in the development of project budgets and cost estimates.
Skills : Data Analysis, Budgeting.
Description :
- Collaborated with project managers, engineers, and other stakeholders to develop accurate and comprehensive cost estimates for projects.
- Analyzed project requirements and specifications to determine the resources, labor, and materials needed.
- Developed project budgets based on the cost estimates, taking into consideration all relevant factors.
- Worked with project teams to establish budgetary constraints and financial goals.
- Monitored project expenditures and compared them against the established budgets.
- Conducted regular financial analyses to identify variances, trends, and potential cost-saving opportunities.
- Provided insights into financial performance to aid in decision-making.
Experience
7-10 Years
Level
Management
Education
Bachelor's Degree in Engineering
Cost Control Engineer Resume
Headline : As a Cost Control Engineer, responsible for monitoring project expenses and identifying areas for cost savings, responsible for preparing financial reports, and communicating budgetary status to project stakeholders.
Skills : Risk Management, Communication.
Description :
- Developed and implemented cost control procedures to ensure adherence to budgetary guidelines.
- Established systems for tracking and reporting on project expenses.
- Conducted risk assessments related to cost factors and developed strategies to mitigate potential cost overruns.
- Worked with project teams to anticipate and address financial risks throughout the project lifecycle.
- Evaluated vendor performance and ensured compliance with financial agreements.
- Prepared regular cost reports and financial updates for project stakeholders and senior management.
- Performed analytical review and arithmetic checks of cost reporting documentation and provides feedback to KBR management.
Experience
5-7 Years
Level
Executive
Education
Bachelor's Degree in Finance
Cost Control Engineer Resume
Objective : As a Cost Control Engineer, responsible for collaborating with cross-functional teams to ensure compliance with financial guidelines. Communicated budgetary status, highlighting key financial metrics and any deviations from the plan.
Skills : Communication, Contract Management.
Description :
- Implemented cost forecasting models to predict future project expenses and potential financial challenges.
- Provided early warnings of potential issues and recommended corrective actions.
- Worked closely with project teams to develop and maintain project schedules aligned with budgetary constraints.
- Integrated cost control measures into project schedules.
- Identified opportunities for process improvement and automation to enhance the efficiency of cost control procedures.
- Stayed updated on industry best practices and implemented relevant advancements.
- Fostered effective communication and collaboration among project teams, management, and other stakeholders.
Experience
2-5 Years
Level
Executive
Education
Bachelor's Degree in Finance
Senior Cost Control Engineer Resume
Summary : As a Senior Cost Control Engineer, ensured that all relevant parties were informed about financial status, risks, and mitigation strategies, and provided cost controls for capital investments of various sizes and complexity.
Skills : Cost Estimation, Excel Proficiency.
Description :
- Participated in the overall cost control process, ensuring proper progress tracking and change management systems were effectively functioning in detailed engineering and construction phases of projects.
- Performed studies and analyses, developing cost forecasts, and preparing cost reports.
- Identified and proactively communicated any cost trends, providing variance explanation and root cause analysis as needed.
- Carried out bid analysis for complex service contracts, auditing invoices, evaluating field change orders, and validating contractor estimates and pricing.
- Collaborated in the development and improvement of cost-controlling tools and processes.
- Worked closely with the project management and field operations team to ensure that an accurate, dependable, and complete cost control system is in place, managed, forecasted, and monitored.
- Maintained a detailed understanding of contractual requirements including invoicing procedures, notification, change management, and compliance.
Experience
10+ Years
Level
Senior
Education
Bachelor's Degree in Engineering
Junior Cost Control Engineer Resume
Objective : As a Junior Cost Control Engineer, performed routine audits with project managers to ensure key aspects of the contractual obligations were being met including verification and documentation of changing scope, and worked with the project management team and client to track, monitor, and obtain contractual funding documents.
Skills : Attention to Detail, Project Management.
Description :
- Reviewed quantity take-offs for accuracy and completeness.
- Coordinated with the project team to ensure that take-offs were done under the construction means and methods.
- Provided visibility to changes in quantities from estimate acceptance through project completion and was able to communicate those changes to the client in real time.
- Worked with the scheduler to load resources, maintain labor hour forecasts, and report schedule variances per established deadlines.
- Prepared, reviewed, and updated weekly/monthly progress reporting that includes earned value schedule progress, schedule forecasting, and executive management summaries.
- Assisted project management team with budgeting, tracking, analysis, and forecasting of project costs.
- Participated in ongoing meetings with the project team, contractors, and client to manage and monitor Project Control requirements.
Experience
2-5 Years
Level
Junior
Education
Bachelor's Degree in Engineering
Assistant Cost Control Engineer Resume
Objective : As an Assistant Cost Control Engineer, managed project control data systems and applied quality control measures to ensure data integrity, ensuring the project was compliant with company project control standards.
Skills : Financial Acumen, Analytical Skills.
Description :
- Monitored cost, prepared cost reports, forecasted and budgets by established company and project policies and procedures.
- Effectively coordinated and communicated with the project team, and liaison with departments to maximize efficiencies and effectiveness for overall project business operations.
- Facilitated the coordination between Business Operations and Project Controls.
- Provided functional advice and support to managers in the organization for the development, implementation, and maintenance of field job cost processes.
- Trained/reviewed project procedures and processes during the job start-up cycle, to ensure that projects ran efficiently.
- Provided job cost system technical support and training for new and existing employees.
- Reviewed/approved budget & contract change orders, as required before entry into cost system to ensure accuracy.
Experience
2-5 Years
Level
Executive
Education
Bachelor's Degree in Engineering
Associate Cost Control Engineer Resume
Objective : As an Associate Cost Control Engineer, audited project quantities, managed job cost accounting functions, and prepared and presented monthly financial reports to upper management concerning cost, and forecasts.
Skills : Budgeting and Forecasting.
Description :
- Compiled the baseline schedule then tracked the schedule and made necessary changes to the schedule as required.
- Provided contract administration including but not limited to tender documentation, requests for proposals, addendums, bid opening, evaluation, awards, meetings, change management, financial reporting, and closeout.
- Reported Key Performance Indicators (KPIs) as required to the owner / EPCM.
- Made schedule forecasts to foresee problem areas on the schedule and notify management when these situations arise especially when they affect the critical path.
- Communicated with senior management per the limits of authority.
- Tracked actual costs of the construction activities and compared them to the budgeted costs for each work section and reported accordingly.
- Compared percentage completion to date and costs for each work section to predict potential cost overruns and/or underruns as applicable.
Experience
2-5 Years
Level
Executive
Education
Bachelor's Degree in Engineering
Cost Control Engineer Resume
Objective : As a Cost Control Engineer, prepared estimates for evaluating the cost of scope changes to the contract, provided the cost Estimate to Completion (ETC) of the Project, based on the objective information available at each moment, and applied the own prediction techniques for each nature of Cost.
Skills : Risk Management, Communication Skills.
Description :
- Prepared and issued every month the cost Estimate At Completion of the Project (EAC) through the Cost Control Report and Project Control Report.
- Controlled the different Change Orders that arise with the Client, Vendors, and Subcontractors.
- Collaborated with the Planning Department in the tasks that required the support of Cost Control.
- Informed about any cost deviations detected, to take the appropriate measures during the earlier stages of the problem, before the revision of the report.
- Calculated the project indicators following the Earned Value Methodology, and updated the staffing plan schedules (PTM & CMT).
- Reviewed and issued the Risks and Opportunities Analysis of the Project regarding cost.
- Reviewed and approved invoices for payment.
Experience
2-5 Years
Level
Executive
Education
Bachelor's Degree in Engineering
Cost Control Engineer Resume
Objective : As a Cost Control Engineer, prepared cost estimates, budgets, and forecasts, coordinated with other departments to ensure cost control, and developed and maintained cost control databases.
Skills : Software Proficiency, Negotiation Skills.
Description :
- Monitored and analyzed project costs to ensure compliance with plans and budgets.
- Developed and implemented cost control systems and procedures.
- Reviewed and approved invoices for payment, and monitored and managed project change orders.
- Prepared cost estimates, budgets, and forecasts.
- Provided proper variance explanation and root causes analysis of changes.
- Attended / Chaired meetings with KBR Management and client personnel to articulate cost data and estimated completion cost.
- Filled SAP PS Key User role to provide training and communication as necessary.
Experience
2-5 Years
Level
Executive
Education
Bachelor's Degree in Engineering
