Senior Project Engineer (Cost Control) at Shanta Holdings Ltd. | chakrie

Senior Project Engineer (Cost Control) at Shanta Holdings Ltd. | chakrie

Responsibilities & Context

Review and verify site-prepared quantity calculation sheets against approved BOQs to ensure accuracy, compliance, and cost control.
Vet site material requisitions and incorporate approved requirements into the ERP system for further procurement and project execution.
Determine the minimum required material quantities by analyzing inventory reports and ERP data, ensuring uninterrupted project operations while minimizing unnecessary expenditure and excess inventory.
Coordinate with project teams to review and negotiate material wastage percentages and allocate materials based on approved and justified requirements.
Verify material quantities, unit rates, and budget allocations against procurement requirements to ensure compliance with approved project budgets.
Analyze monthly material consumption reports to identify unusual consumption patterns, variances, and potential cost-control issues, and initiate corrective actions where required.
Monitor inventory levels and coordinate with project teams to maximize the reuse of available hardware, materials, and project assets, minimizing unnecessary purchases.
Review and verify refund sheets submitted by CSD to ensure the accuracy of returned materials and prevent the issuance of excess materials to customers.
Ensure appropriate management approval or acknowledgement is obtained for expenditures exceeding approved project budgets.
Collect and consolidate monthly material consumption data from project sites and prepare comprehensive material consumption reports for management review.
Prepare and maintain the Cost Control COP-listed Material Vetting & Update Schedule based on iWBS reports and prepare monthly COP-listed material update summaries.
Systematically scan, organize, and maintain test reports, approved drawings, agreements, and other project documentation on the designated server for easy retrieval and audit purposes.
Maintain proper documentation and records of management approvals and acknowledgements related to expenditures exceeding approved budgets.
Conduct site inspections and physical verification of high-value/COP-listed materials to validate quantities and ensure alignment with project records.
Conduct site visits as required to verify completed and ongoing works against approved drawings, ensuring compliance with design requirements and project specifications.