Project Cost Engineer at De Beers Group

Job Description:

The incumbent will be involved in all project functions and activities associated with cost engineering/control, project accounting, financial control, change management, planning, scheduling, estimating and reporting.   

Your role will:

• Maintains appropriate project cost management procedures in order to ensure sound project cost control. Communication of said policies and procedures to project team. Monitors the project team’s adherence to relevant policies and procedures. 
• Compile Project cost estimates and cost estimate structuring in alignment with project planning.   
• Assist to Establish, manage and maintain a project costing database. 
• Alignment of project cost management system Contruent (Ares Prism) to DBM ERP (SAP) 
• Monthly estimate forecasts, forex sensitivities, contingency & escalation calculations and the development of the overall basis of estimate 
• Coordinate & compile the quarterly forecast cycle.
• Manage and control budgets, commitments, expenditure, forecasts (FEC) vs. authorized budget. 
• Prepare monthly management cost reports and dashboards.   
• Alignment of the forecast with the project schedule and implement EV reporting. 
• Manage and control the financial change control activities relating to change orders, changes in scope, contingency and escalation applications in the cost management system. 
• Provide inputs into project capital scenarios to aid informed decisions and ensuring that there are flexible plans to meet the dynamic business environment. 

Qualifications:

• Relevant 3/4-year Degree
• Qualification CA, CIMA, Quantity Surveying, Financial, Engineering an advantage.
• 5 Years working experience, with a minimum of 3 years of project cost engineering and services experience within a mining, construction or similar industrial field. 
• Formal Cost Engineer accreditation will be advantageous
• Good knowledge and experience of IFRS, SAP (or similar ERP systems) and Project Cost Management Systems Contruent (Ares Prism).  
• Being highly skilled with the Microsoft Office suite, especially MS Excel, MS Power Point, MS Word and/or other planning tools would be advantage. 

Closing Date:  01 July 2024

Additional information:

• Valid Code 08/EB Driver’s License.
• Advanced Computer skills

Role-specific knowledge:

• Strong analytical ability, with attention to detail and deadline driven.  
• Cross functional communication at all levels, including excellent written and verbal communication.  
• Ability to work flexibly, independently and in a team.  
• The ability to adapt to ever changing requirements and working well under pressure.  
• Customer focus, ensuring that their needs are a primary focus and developing sustainable relationships.  
• Information and data interpretation and reporting.  
• Data mining and interpretation skills.  
• Problem solving capabilities.  
• Organizational skills