B&C Team Member

Job Description

Strategic Responsible for developing the R0 to R3 project execution budget in line with the overall project plan Work in close coordination with the Project Planners at corporate during the initial phases of the project to ensure that both the plan and the proposed budget are closely interlinked Operational Develop systematic and structured budget process to enable Management to take decisions on the commercial viability of the project with inputs from relevant stakeholders Coordinate with the project head in relation to budget development both at the overall project level as well as at the area and activity level Responsible for undertaking site specific higher level analytics (e.g. manpower availability histograms, productivity analysis, chronic budget overruns issue analysis etc). Drive cost reduction for specific project by providing inputs on areas of chronic budget overruns Control project expenses through SAP-ERP by ensuring that only approved expenses take place and costs are accurately recorded and tracked Proactively monitor post execution design changes which have an implication on the overall project cost, challenge such changes from a cost management perspective and escalate to Head Budgeting & Costing as required Ensure that cost of all key cost heads are controlled and be part of procurement & Contracts award committee Reconcile project cost information related to consumption and expenses linked with construction provided by Project Execution team and support project teams to ensure project cost are controlled within budget and that cost control is maintained from inception to completion Implement Change Control process, in case of major changes, which is likely to lead to increase in project cost. Budgeting and costing team will act as a coordinator for change in budget request. All such major variances will be tracked and value engineering initiatives to be undertaken to avoid cost overrun Ensure preparation of the BoQ basis detailed design and through the use of internal or third party quantity surveyors Developmental Remain updated about the latest Industry trends and developments