Job Description

Cost Engineer

Req Id:

20674

Job Family:

Cost Engineering

Location:

Bangalore, IN, 560071

Description:

Purpose
The purpose of a Cost Engineer is to develop and oversee project cost estimation, budgeting, and financial planning processes. This role involves collaborating with project teams to provide costeffective estimates in accordance with schedule and execution plan.
Responsibilities
The Cost Engineer is responsible for the accurate estimation, management, and control of project costs throughout the project lifecycle. This role involves developing cost estimates, analyzing cost variances, and ensuring that projects are completed within approved budgets. The Cost Engineer collaborates with project managers, engineers, finance teams, and other stakeholders to provide financial insights and support effective decisionmaking.
Education
Bachelor's degree in Engineering, Construction Management, Finance, or a related field. A professional certification (e.g., AACE, PMP, CCE) is a plus.
Experience
Minimum of 3-5 years of experience in cost engineering, project cost control, or a similar role. Experience in construction, engineering, oil & gas preferred.
Functional Competencies
Invoice management
Cost Control and performance management execution
Cash Management
SBM Product Knowledge
Risk and Internal control
Budgeting and forecasting
Project Cost Management