Cost Engineer (Project-based) | Toledo, Cebu

Aboitiz Power Generation Group

  • Cebu City, Philippines
    NAC Tower, 32nd Street, Bonifacio Global City, Cebu City, Central Visayas, Philippines
    Cebu City
    Central Visayas
  • Contractual
Posted a month ago and deadline of application is on 3 Nov
Recruiter was hiring 18 hours ago

Cost Engineer (Project-based) | Toledo, Cebu

Aboitiz Power Generation Group

Job Description

  • Performs assignments that require professional judgment and knowledge of construction cost. He/She must be proficient in estimating cost values of material, equipment, manpower, and other industrial plant-related resources. Cost engineer should also be capable of analyzing requirements, review technical specifications, must have good understanding site-related operational challenges to come up with sound budget. Part of the responsibility is to be monitor project spending, analyze and reforecast, and report status of project financials.
  • Support Site Project Manager in providing construction cost oversight services(estimates, budgets) during the execution of the project/s.
  • Develop and implement site cost performance monitoring and measurement tools.
  • Develop and implement site cost control procedures (instructions guidelines) for progress payments, cash flow, claims, liquidated damages/penalties, liabilities, changes, et al per the EPC Contract and company requirements.
  • Implement risk assessment and management procedures.
  • Monitor project performance and progress of the works by doing detailed review of the cost in conjunction of the schedules, specifically the construction and installation activities of the EPC Contractor.
  • Regularly assess cost performance of the EPC Contractor to highlight potential problem areas before they become critical to the project.
  • Regular review and reporting of project cost to the management.
  • Regular review of project and EPC contractor risk register and risk management program with periodic updates to ensure that identification and mitigation strategies are current. Conduct regular reviews of the risk register and management plan.
  • Review of engineering, equipment procurement, production, inspection and testing, delivery, field construction, commissioning and other site activities.
  • Maintains a brief synopsis of the critical cost items of the project.
  • Prepare and maintain cost management reports including status of cost variations, risk register, payment milestones, et al.
  • Ability to develops and understand project WBS.

Minimum Qualifications

  • Professional: at least 5 years solid experience in power facility construction projects, and/or operating industrial facilities in a cost planning capacity. Proficiency in MS Excel and other accounting tools is required.;
  • Able to use technical documents (drawings and specifications) for cost and budget development;
  • Bachelor’s degree in engineering, construction, business or related field related experience.

Jobs Summary

Job level
Associate / Supervisor
Job category
Architecture and Engineering
Educational requirement
Bachelor's degree graduate
Recruiter response to application
Office Address
Therma Visayas Inc, Brgy Bato, Toledo Cebu
Oil / Energy / Solar / Greentech
1 opening

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About Aboitiz Power Generation Group

AboitizPower is the holding company for the Aboitiz Group's investments in power generation, distribution, retail and power services. It has several hydroelectric and geothermal assets in its generation portfolio and also has non-renewable power plants located across the country. The company also owns distribution utilities that operate in high-growth areas in Luzon, Visayas and Mindanao. AboitizPower employs a right mix of renewable and non-renewable energy sources to power up the country with reliable, reasonably-priced, and responsible energy. - Hedcor, Inc. - Therma Luzon, Inc. - Therma South, Inc. - Therma Marine, Inc. - Therma Mobile, Inc. - East Asia Utilities Corp. - Cebu Private Power Corp. - AP Renewables, Inc.