Project Cost Estimator
il y a 1 semaine
Responsibilities:
- Project Cost Estimation
Develop and manage detailed project cost estimates and budgets. Monitor and control costs throughout the project lifecycle, ensuring costs remain within budget.
- Responsible for and drive periodic project cost reporting to the management providing ontime, reliable and quality analysis, and recommendations to enable the Project team to steer project in the right direction.
- Validate, challenge, analyze and recommend action on all relevant agreed Project KPIs through the monthly project controls reporting. i.e. Earned Value Management, Value of Work Done, Schedule Performance Index, Cost Performance Index, Cash out curve, trending etc
- Prepare accurate and timely project cost reports, including cost estimates, cost forecasts, cost performance analyses for management.
- Collaborate with Contractor(s) EPCM/PMC to collect project cost data periodically and verify that the Forecast to complete remains in accordance with the established plans and schedules. Highlight and communicate variance to stakeholders on timely basis and ensure corrections / updates are performed with EPCM. Prepare periodic summary on EPCM performance for the management.
- Collaborate with different internal stakeholders to understand, update, and build a reliable forecast on project costs.
- Analyze project budgets, actuals, forecast to complete, estimate at completion, and variances, identifying potential risks and opportunities for cost savings or cost overruns.
- Collaborate with stakeholders to periodically review, maintain, and update cost breakdown structure, cost codes and project reporting formats / templates to enhance accuracy and efficiency.
- Monitor project progress, track actual costs, and compare against budgeted costs, identifying any deviations and recommending corrective actions to project stakeholders.
- Conduct regular cost control meetings with project teams, providing guidance on cost management, assisting in budget planning, and addressing any costrelated concerns.
- Ensure compliance with company policies, procedures, and relevant financial regulations and standards
- Cost Reporting of capital expenditure projects (equipment & construction) including PM Group fees and subconsultants
- Management of our Change Control procedures and tools and associated deliverables
- Management of our PM Group Manhour Control and Productivity Measurement procedures and tools and associated deliverables
- Processing Contractor, Vendor and Subconsultant invoices and payments for multiple Projects
- Receive, sort and reconcile invoices and supporting documentation against purchase order terms and conditions, payment milestones and goods receipt notifications
- Distribute and track invoices to various Project owners / leads across multiple projects for approval
- Perform Supplier account reconciliations and work with Purchasing Team and Suppliers to resolve any issues
- Responds to and resolve enquiries from Suppliers, Procurement, and Finance departments in a professional and timely manner
- Preparation of monthly statements and reconciliation of accounts for month end Reporting
- Take ownership of designated tasks and projects as assigned
Requirements:
years Project Cost Estimator experience in multi-billion complex project is a must.
- Experience with EPCM managed projects
- Strong knowledge of project management principles, cost control methodologies, and financial analysis techniques. Excellent analytical skills, with the ability to gather and interpret complex financial data.
- Being about to see the big picture and a handson mentality to drill deep when needed.
- Proficiency in ERP / IT tools (SAP, BW, Power BI), including advanced MS Excel skills.
- Detailoriented mindset, with ability to deliver with accuracy, ontime and reliability.
- Ability to deliver on deadlines, to handle multiple tasks (exceptional organizational and prioritization skills) and ability to handle pressure.
- Effective communicator, with the ability to present complex financial information in a clear and concise manner.
- Strong problemsolving skills and the ability to identify costsaving opportunities.
- Knowledge of relevant financial regulations and compliance standards.
- Proactive and selfmotivated individual who can work both independently and collaboratively in a team.
- Project language is English, knowledge of the Dutch language is a plus.
- Regular travels to Spain (Madrid, Bilbao). 25%% travelling depending on the phase of project
- Being available during the duration of the Project 34years
Why PM Group?
As an employee-owned company, we are inclusive, committed and driven. Corporate Responsibility and Sustainability are the heart of our new 2025 business strategy. Click HERE to read more in
our 2022 Corporate Responsibility and Health, Safety and Wellbeing Report**.
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