Location:
Antipolo City, Rizal
Contract Type:
Contract
Experience Required:
2 years
Education Level:
Bachelor’s Degree
Job Description
A Cost and Contracts Engineer is responsible for managing the financial and contractual aspects of engineering projects, ensuring they are completed within budget and according to contractual obligations. This role involves cost estimation, budgeting, contract negotiation and management, and risk assessment.
Responsibilities of a Cost Engineer:
Cost Estimation and Budgeting:
Developing and maintaining detailed cost estimates for projects, monitoring project expenditures, and preparing budgets.
Cost Control:
Tracking actual project costs, analyzing variances, and recommending corrective actions to stay within budget.
Financial Analysis:
Analyzing cost data, identifying cost-saving opportunities, and providing financial reports and forecasts.
Risk Management:
Identifying and assessing potential cost-related risks, developing mitigation strategies, and ensuring projects can absorb unforeseen costs.
Collaboration:
Working with project managers, engineers, and other stakeholders to ensure cost-effectiveness and adherence to project goals.
Contract Review and Negotiation:
Analyzing and negotiating contract terms and conditions, ensuring compliance with legal and company policies.
Contract Administration:
Managing contract documents, tracking project progress, and ensuring timely and accurate invoicing and payment.
Responsibilities of a Contracts Engineer:
Contract Management:
Drafting, reviewing, and administering contracts, ensuring compliance with legal and company policies.
Contract Negotiation:
Negotiating contract terms and conditions with clients, suppliers, and subcontractors.
Risk Assessment:
Identifying and assessing potential contractual risks, developing mitigation strategies, and ensuring compliance with contract requirements.
Contract Compliance:
Ensuring all parties involved fulfill their contractual obligations, monitoring project progress, and managing contract changes.
Documentation and Reporting:
Maintaining accurate contract records, preparing reports on contract performance, and ensuring timely and accurate invoicing.
Relationship Management:
Building and maintaining relationships with clients, suppliers, and subcontractors, ensuring smooth communication and collaboration.
Responsibilities of a Cost Engineer:
Cost Estimation and Budgeting:
Developing and maintaining detailed cost estimates for projects, monitoring project expenditures, and preparing budgets.
Cost Control:
Tracking actual project costs, analyzing variances, and recommending corrective actions to stay within budget.
Financial Analysis:
Analyzing cost data, identifying cost-saving opportunities, and providing financial reports and forecasts.
Risk Management:
Identifying and assessing potential cost-related risks, developing mitigation strategies, and ensuring projects can absorb unforeseen costs.
Collaboration:
Working with project managers, engineers, and other stakeholders to ensure cost-effectiveness and adherence to project goals.
Contract Review and Negotiation:
Analyzing and negotiating contract terms and conditions, ensuring compliance with legal and company policies.
Contract Administration:
Managing contract documents, tracking project progress, and ensuring timely and accurate invoicing and payment.
Responsibilities of a Contracts Engineer:
Contract Management:
Drafting, reviewing, and administering contracts, ensuring compliance with legal and company policies.
Contract Negotiation:
Negotiating contract terms and conditions with clients, suppliers, and subcontractors.
Risk Assessment:
Identifying and assessing potential contractual risks, developing mitigation strategies, and ensuring compliance with contract requirements.
Contract Compliance:
Ensuring all parties involved fulfill their contractual obligations, monitoring project progress, and managing contract changes.
Documentation and Reporting:
Maintaining accurate contract records, preparing reports on contract performance, and ensuring timely and accurate invoicing.
Relationship Management:
Building and maintaining relationships with clients, suppliers, and subcontractors, ensuring smooth communication and collaboration.
Number of vacancies:
1
Company Description
Alexandrite Builders & Development Corporation is committed to delivering value-driven projects and services with pride and integrity. We strive to enhance the quality of life for our employees by consistently prioritizing safety and adhering to health standards.
Our goal is to construct quality infrastructure that fosters business growth and generates sustainable value through innovation, superior engineering, and expert project management.
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