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Cost Control Manager

On-site
  • Singapore, Central Singapore, Singapore
PaxOcean

Job description

This position is for PaxOcean Group, a company under Kuok Group Singapore.


Roles and Responsibilities

  • Take over the contract, bid price and tender documents (post-award) from Commercial to set up project Work Breakdown Structure (WBS) and establish the project as-sold budgets as benchmarking.
  • As per contract’s requirement, set up Client’s cost report (revenue to PaxOcean) together with Commercial.
  • Monitor and update the actual cost work performed and cost commitment monthly from SAP and analyse the costs.
  • Verify cost allocation accordingly to WBS and ensure the cost and budget are measurable and assessable at the same WBS level.
  • Identify project cost variances and forecast the estimate at completion and report them accordingly.
  • Identify and maintain the register for change orders, budget transfers and trends and prepare the supporting documents. [SKS1]
  • Set up the change process with project manager and agree with Client.
  • As a facilitator, work with project team to identify the risks and opportunities and provide the mitigation plan.
  • Prepare monthly project status report and cost report with cost phasing.
  • Work with Commercial to prepare billing with supporting documents for invoicing to Client.
  • Conduct monthly cost reviews and analysis to identify cost optimization and improvement areas.
  • Work with Commercial, Project, Finance, Procurement and Subcon for alignment on cost control objective.
  • Promote cost awareness and good practices to project team.
  • Prepare project ad hoc reports.
  • Participate in SAP and other systems’ improvement.

Job requirements

  • Bachelor in Engineering or Science, alternative Diploma in Engineering, or Science or Accounting and Finance with exposure in maritime industry.
  • At least 10 years of relevant working experience.
  • Good analytical skill with the ability to interpret complex data and make sound recommendation.
  • Attention to detail, accuracy, and a commitment to meeting deadlines and objectives.
  • Adaptability and resilience in a fast-paced and dynamic environment.
  • Proficiency in project cost control management with strong reporting and effective communication skills
  • Microsoft Office (Advanced in MS Excel, Intermediate to Advanced Word and PowerPoint) and ERP system (like SAP, Oracle etc.)

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