Cost Engineer
We are looking for experienced Cost Engineer, to join us in Antwerp, Belgium.
We usually respond within a week
Position: Cost Engineer
Location: Antwerp, Belgium
Contract: Employment Contract (or freelance only if Belgian company) Duration:12months + renewal
Employer: SITEC QUALITY GROUP BV (Belgium)
About:
- The Cost engineer is responsible for analyzing project cost data starting from the preparation of a control budget in accordance with the “as sold” figure received from commercial dept. This may include the cost of material, erection subcontracts, engineering and construction management services and other costs associated with the execution of a specific project.
- The Cost engineer work closely with project control coordinator/manager to ensure project manager, stakeholders, and other members of the project team that projects are completed within a pre-established baseline estimated cost.
- The Cost engineer should be able to provide a firm quantitative and accurate base for the early forecasting of the probable final cost; this forecasting function provides to the management a primary decision-making tool to proactively evaluate possible corrective actions to reduce risks of overrun or to identify possible cost saving opportunities.
- In this role, the Cost engineer is responsible for preparing analysis and reports to support project manager in the decision-making process towards Clients or Wood Management.
Key Responsibilities
- Analyze actual costs vs control budget during all phases of the Project.
- Determine the forecast final costs based on available information in terms of quantities and unit rates.
- Highlight possible variances and reporting them through a deviation report.
- Identify cost-saving opportunities and support project manager in the implementation of corrective actions
- Perform trend analysis on quantities and mhrs productivity
- Invoice checking and cash flow preparation
- Budget release activities for procurement and subcontracting campaigns
- Managing of cost databases and templates
- Prepare reports and presentations on project costs and cost management strategies
- Ensure compliance with company policies and procedures related to cost control
Requirements
- Master's degree in business administration and Control or Management Engineering or similar
- 3+ years of experience in cost engineering and related issues
- Strong knowledge of project management principles, tools, and techniques
- Experience with cost estimating software and tools
- Ability to work collaboratively with project managers, stakeholders, and other team members
- Strong analytical and problem-solving skills
- Excellent communication and presentation skills
- Ability to work under pressure and meet tight deadlines
- Department
- Engineering and Planning
- Role
- Cost Control & Procurement
- Locations
- Antwerp, Belgium - Site
About SITEC Quality Group
Backed by expert teams, quality systems, and standards, SITEC Quality Group ensures reliable, cost-effective, and professional quality services, providing third-party inspection, project coordination, and site supervision with highly skilled professionals across multiple disciplines.
SITEC Quality Group operates internationally, combining local expertise with a global perspective, sharing knowledge, and delivering innovative technical solutions to clients for their projects in the Energy, Power & Utilities, Mining, Renewable Energy, Building & Infrastructure sectors.
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