Cost Control Engineer Needed At Novestech Nigeria

Novestech Nigeria is one of the world's premiere engineering, procurement, construction and services companies, employing approximately 27,000 people in more than 17 countries. 
As Novestech Nigeria embarks upon our second century of operations, we have evolved into a prominent supporter of the energy, hydrocarbons, power, industrial, civil infrastructure, minerals, government services and commercial sectors.



Since becoming an independent company in 2006, at Novestech Nigeria we have expanded our position in the markets we serve.

We are recruiting to fill the position of: 

Job Title: Cost Control Engineer
Location: Lagos
Job Description 
Ensure the implementation of the Cost Control System, developing consolidated Cost Breakdown Structure according to the relevant procedure, reviewing the procurement/accounting system adopted in Saipem Contracting Nigeria, and verifying the application of the CBS and cost traceability
Issuance of Project Cost Control Procedure, Cost Coding Manual and Risk Management Plan for Project Control Manager’s verification.
Analyze committed costs and activities to-date, review the estimate to complete, isolating any deviation from baselines or adverse trend and warn the PM on time to take corrective actions in order to prevent overruns.
Maintain the risk management process organizing periodic meetings and verifying the risk owners’ feedback.
Support the Project Control Manager in the preparation of the Project close-out Report and the cost feed-back data to Project Control and Commercial Department.
Management of budgets, work schedule and cash flow activities.
Coordinate the risk management activities, organizing brainstorming sessions for qualitative/quantitative assessment of identified risks and opportunities.
Co-ordinate project financial analysis; most especially, Montecarlo Analysis.
Monitor activity progress and the relevant earned value, as well as the value of work done against the invoices received, determining the monthly accruals.
Support the Project during the contract changes/claims process, providing the cost impact analysis, and keep updated the cost/revenues forecast relevant to inter-company services.
Desired Skills/Qualification
Engineering degree or Management Science.
Good working knowledge of SAP.
Applicants must reside within Lagos and environs.
A minimum of 3 years Budgets/Cost Control and management experience in an Engineering firm or a reputable construction firm.

How to Apply
Interested and qualified candidates should send their applications and CV's to: recruitment@novestechnigeria.net