PMC Sr. Cost Engineer
Location: Milan, Italy
Contract type: This is a contract role, with hourly rate based on experience
Time Frame: 20-22 months
Recruitment Partner: Airswift
*Possibility to relocation to Abu Dhabi in the final stage of the project
*In this case, your transport, food, and other expenses will be covered by the company
*You will also have free taxes
Our business
We are a global leader in EPC known throughout Europe for our projects and support. We are expanding our network and have partnered up with Airswift to support us in hiring and are proud to expand our team to include the appointment of a PMC Senior Cost Engineer.
Job Purpose & Scope:
- Ensuring HSSEQ goals, objectives and targets are met through personal leadership and involvement.
- Safe delivery and handover of the Project to the Owner, sustainably, safely, on time, within budget, ensuring that a quality product is produced that represents ‘best value’ for the Owner and their Stakeholders.
- To provide Cost and Estimating management, leadership and support for all Project activities.
- Oversee Budget, Cost, Estimating, Progress Measurement and Forecasting activities of the EPC Contractor and ensure these are aligned to the overall Project objectives.
- Support the Project Controls Manager and provide functional support to the Project PMC and Owner’s teams.
Principal Accountabilities:
- Champion the Project Safety culture, behaviours and engagement activities.
- Reports to PMC Project Controls Manager and works under his direction.
- Reviews, monitors and controls Project costs.
- Verify EPC Contractor requests for payments, including the required supporting documents and achievement of milestone events and certifying their entitlements for payments accordingly.
- Ensure that adequate information is supplied to verify progress claims against milestones and invoices submitted including calling for further information to substantiate progress claims where necessary, prior to payment by the Owner.
- Review EPC Contractor’s Invoices, Progress Measurement and Forecasts and provide assessments to Project senior management.
- Review Project Business Plans and Execution strategies to provide input to strategic priorities, Operating Budgets and cost forecasts.
- Review EPC Contractor’s nominated Subcontractor’s un-priced bid submissions for Progress Measurement and Reporting requirements.
- Ensure that PMC procedures for Estimating, Progress Measurement and Forecasting are approved and implemented.
- Provide functional input to the review and approval of EPC Contractor’s invoices and Change Order proposals.
- Participate in Project risk reviews, constructability reviews and value engineering workshops.
- Provide functional input to PMC weekly/monthly progress reports and presentations to the Owner and provide exception reports related to the overall Project Cost.
- Review EPC Contract close-out reports and performance evaluation reports and provide functional input to Project senior management.
- Review PMC systems and procedures to provide functional input and support continuous improvement.
- Establish and implement Project statistical database for benchmarking purposes.
- Review Project short term and medium-term constraints and concerns to provide mitigation plans and corrective actions.
- Avoid or minimize the variations from EPC Contractor by taking proactive and preventive actions.
- Perform trend analysis on both schedule and cost for early identification of potential deviations and advise Owner of their implications.
- Evaluate, EPC Contractor change orders/claims request for any Engineering, equipment or materials and Construction extras as well as schedule extensions, with recommendation to approve, modify or reject.
- Prepare Project cost reports to Owner highlighting current expenditure, commitments and forecast payments to The EPC Contractor.
- Participate in the preparation of Project progress reports addressing cost and schedule trends, productivity and actions taken.
- Participate in the close-out of the early work phase and the EPC Contract.
- Assist in the administration of financial agreements, drawdown forecasts of loan funds, cash flow of all funds and other financial aspects.
- Monitor cash flow in multi-currencies.
- Supervise internal and external audits.
- Monitor budgets.
Job Description-PMC Lead Cost Engineer
- Structure and approve timely payment of EPC Contractor.
- Monitor exchange rates and source of funds
- Provide total financial reviews and job financial close out
- Review all necessary cost and schedule trending and reporting functions in respect of its services and ensure that EPC Contractor perform such activities related to the Project execution of the following requirements:
- Ensure the raising of necessary documentation as per Project approved procedure for Change Order requests covering any changes in scope.
- Review the detailed cost estimate prepared by EPC Contractor for all such Change Order requests and support documentation of the anticipated impact on cost and/or schedule.
- Ensure the execution of EPC Contractor scope of work according to the EPC Contract Price, Terms and Conditions.
- Maintain up-to-date registers documenting status of Change Order requests as per the approved procedure.
- Ensure inclusion of cost and schedule trends prepared by EPC Contractor in formats approved by Owner as part of the Monthly Progress Report.
- Maintain records of associated cost for each Change Order.
- Review, comment & approve EPC Contractor cost report and cash flow.
- Review updated Project budget cost estimate (if required) for cost monitoring and control.
- Prepare Project cost control & budget monitoring report.
- Perform the necessary cost estimates studies (as required).
- Participate in Value Engineering activities.
- Perform Risk Assessment module.
The next step
We have an exceptional team in place, and we are pleased to be able to appoint a further person to our growing business. We are aware that you may not ‘tick all the boxes’, but if you believe you can genuinely offer some valuable skills and experience to our business, please in the first instance contact our recruitment partner Airswift
PMC Sr. Cost Engineer
Location: Milan, Italy
Contract type: This is a contract role, with hourly rate based on experience
Time Frame: 20-22 months
Recruitment Partner: Airswift
*Possibility to relocation to Abu Dhabi in the final stage of the project
*In this case, your transport, food, and other expenses will be covered by the company
*You will also have free taxes
Our business
We are a global leader in EPC known throughout Europe for our projects and support. We are expanding our network and have partnered up with Airswift to support us in hiring and are proud to expand our team to include the appointment of a PMC Senior Cost Engineer.
Job Purpose & Scope:
- Ensuring HSSEQ goals, objectives and targets are met through personal leadership and involvement.
- Safe delivery and handover of the Project to the Owner, sustainably, safely, on time, within budget, ensuring that a quality product is produced that represents ‘best value’ for the Owner and their Stakeholders.
- To provide Cost and Estimating management, leadership and support for all Project activities.
- Oversee Budget, Cost, Estimating, Progress Measurement and Forecasting activities of the EPC Contractor and ensure these are aligned to the overall Project objectives.
- Support the Project Controls Manager and provide functional support to the Project PMC and Owner’s teams.
Principal Accountabilities:
- Champion the Project Safety culture, behaviours and engagement activities.
- Reports to PMC Project Controls Manager and works under his direction.
- Reviews, monitors and controls Project costs.
- Verify EPC Contractor requests for payments, including the required supporting documents and achievement of milestone events and certifying their entitlements for payments accordingly.
- Ensure that adequate information is supplied to verify progress claims against milestones and invoices submitted including calling for further information to substantiate progress claims where necessary, prior to payment by the Owner.
- Review EPC Contractor’s Invoices, Progress Measurement and Forecasts and provide assessments to Project senior management.
- Review Project Business Plans and Execution strategies to provide input to strategic priorities, Operating Budgets and cost forecasts.
- Review EPC Contractor’s nominated Subcontractor’s un-priced bid submissions for Progress Measurement and Reporting requirements.
- Ensure that PMC procedures for Estimating, Progress Measurement and Forecasting are approved and implemented.
- Provide functional input to the review and approval of EPC Contractor’s invoices and Change Order proposals.
- Participate in Project risk reviews, constructability reviews and value engineering workshops.
- Provide functional input to PMC weekly/monthly progress reports and presentations to the Owner and provide exception reports related to the overall Project Cost.
- Review EPC Contract close-out reports and performance evaluation reports and provide functional input to Project senior management.
- Review PMC systems and procedures to provide functional input and support continuous improvement.
- Establish and implement Project statistical database for benchmarking purposes.
- Review Project short term and medium-term constraints and concerns to provide mitigation plans and corrective actions.
- Avoid or minimize the variations from EPC Contractor by taking proactive and preventive actions.
- Perform trend analysis on both schedule and cost for early identification of potential deviations and advise Owner of their implications.
- Evaluate, EPC Contractor change orders/claims request for any Engineering, equipment or materials and Construction extras as well as schedule extensions, with recommendation to approve, modify or reject.
- Prepare Project cost reports to Owner highlighting current expenditure, commitments and forecast payments to The EPC Contractor.
- Participate in the preparation of Project progress reports addressing cost and schedule trends, productivity and actions taken.
- Participate in the close-out of the early work phase and the EPC Contract.
- Assist in the administration of financial agreements, drawdown forecasts of loan funds, cash flow of all funds and other financial aspects.
- Monitor cash flow in multi-currencies.
- Supervise internal and external audits.
- Monitor budgets.
Job Description-PMC Lead Cost Engineer
- Structure and approve timely payment of EPC Contractor.
- Monitor exchange rates and source of funds
- Provide total financial reviews and job financial close out
- Review all necessary cost and schedule trending and reporting functions in respect of its services and ensure that EPC Contractor perform such activities related to the Project execution of the following requirements:
- Ensure the raising of necessary documentation as per Project approved procedure for Change Order requests covering any changes in scope.
- Review the detailed cost estimate prepared by EPC Contractor for all such Change Order requests and support documentation of the anticipated impact on cost and/or schedule.
- Ensure the execution of EPC Contractor scope of work according to the EPC Contract Price, Terms and Conditions.
- Maintain up-to-date registers documenting status of Change Order requests as per the approved procedure.
- Ensure inclusion of cost and schedule trends prepared by EPC Contractor in formats approved by Owner as part of the Monthly Progress Report.
- Maintain records of associated cost for each Change Order.
- Review, comment & approve EPC Contractor cost report and cash flow.
- Review updated Project budget cost estimate (if required) for cost monitoring and control.
- Prepare Project cost control & budget monitoring report.
- Perform the necessary cost estimates studies (as required).
- Participate in Value Engineering activities.
- Perform Risk Assessment module.
The next step
We have an exceptional team in place, and we are pleased to be able to appoint a further person to our growing business. We are aware that you may not ‘tick all the boxes’, but if you believe you can genuinely offer some valuable skills and experience to our business, please in the first instance contact our recruitment partner Airswift