Planning & Purchasing Specialist
2 months ago
The Cost Controls Specialist applies their conceptual knowledge of cost management and with limited supervision and guidance, is responsible for cost analysis, development of possible solutions using standard procedures, and critical thinking. Assist in the development and implementation of the project controls execution plan
Assist in project controls system setup and project initiation requirements
Participate in the implementation of the project OBS, WBS, and CBS in required financial and progress systems
Basic knowledge of EPC contracting types (LS, Cost Plus, Reimbursable, Unit Rate, etc.)
Awareness of contract and construction terminology
Understand the project chart of accounts and its relationship to the estimate and contract scope
Assist with invoicing and support project accounting with cost to billings reconciliations as required
Understand project trends and their relationship to the forecast (ie PFs, trends, commitments, labor mix, etc.)
Assist change management efforts, including building of cost estimates in support of change verification
Quantity surveying personnel will be required to assist in the effort to audit Issued For Construction (IFC) quantity take-offs and reported installed quantities Any discrepancy in the reported quantities would need to be resolved
Assist with the implementation of the global rules of credit and maintenance of the progress measurement system on the project
Ability to generate spreadsheet analysis tools for management review of progress
Reporting – Provide Timely and accurate Cost and Progress Measurement Data
Basic understanding of Scheduling Software and processes and their relationship to cost and progress
Participate in Closeout Report data collection
Support the professional development and growth of junior project controls personnel
Bachelor’s degree in Engineering, Construction Management, or related fields or 2 - 5 years of relevant experience working for an EPC
Knowledge of common business tools such as Microsoft Office applications
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