Cost Control

About the role

The Cost Control role involves planning, controlling, monitoring, and analysing project costs to ensure all project expenditures align with budget, work progress, contracts, and company profitability targets. The Cost Control is expected to ensure that every project has a measured budget, controlled costs, early identification of deviations, accurate cost reporting, and maintained project margins in line with company targets.

Key responsibilities

• Prepare and monitor project budgets based on RAB, BOQ, contracts, and project implementation plans

• Compare budgets with actual project costs on a regular basis to identify cost deviations quickly and accurately

• Monitor costs for materials, labour, equipment, subcontractors, transportation, and other project operational expenses

• Verify cost submissions, purchase requests, purchase orders, reimbursements, and other project expenses for budget compliance

• Prepare weekly and monthly reports comparing actual costs against budget

• Analyse cost variances and identify causes of cost overruns or savings

• Coordinate with Project Manager, Site Supervisor, Purchasing, Engineering, Finance, and related departments regarding project cost needs and realisation

• Monitor additional or reduced work values or Variation Orders/Change Orders on projects

• Monitor physical project progress compared to costs incurred

• Prepare cost projections until project completion or Estimate at Completion (EAC)

About you

• Minimum D3/S1 qualification in Civil Engineering, Mechanical Engineering, Electrical Engineering, Construction Management, Quantity Surveying, Accounting, Financial Management, or related field

• Preferred minimum 2–3 years experience as Cost Control, Project Control, Quantity Surveyor, Estimator, or related position in a contractor company

• Understanding of construction projects, particularly Mechanical, Electrical, and Civil works

• Understanding of RAB, BOQ, project budgets, project cash flow, work progress, and cost monitoring

• Ability to perform Budget vs Actual analysis

• Understanding of Cost Variance, Forecast, Committed Cost, Estimate at Completion (EAC), and Project Margin concepts

• Understanding of procurement processes, subcontractors, purchase orders, and project payment procedures

• Proficient in Microsoft Excel including formulas, Pivot Tables, lookup functions, and data processing

• Detail-oriented with strong numerical analysis capability

• High integrity in cost management and reporting