Cost & Budget Officer (Real Estat) - Quezon City

BASIC PURPOSE

To be able to record, classify, analyze, summarize, allocate, evaluate, monitor and ascertain purchases and cost data for management planning, evaluation of performance and control.

MAJOR RESPONSIBILITIES:

• Cost Control
• Verify all RFP before endorsing it for approval.
• Ensure that RFP for change order are supported by appropriate PO.
• Measure progress and performance to ensure that items are within the approved projected budget.
• Prepare a weekly and monthly cost report per project detailing actual and forecasted expenditures with variance analysis.
• Coordinate with project staff and accounting officer to ensure that project cost report is accurate:
• Inventory reports
• Receipts
• Issuances
• Transfers
• Coordinate with project staff and Accounting Superior with regards to closure or completion of contract to evaluate what went well in the project and identify failures, perform a final budget and create a project report.
• Project Costing
• Ensure proper recording and charging of job or project cost.
• Monitor/update the supplier’s ledger reflecting the details of approved contracts, purchase order and check vouchers.
• Maintain a monitoring file for each material cost per unit.
• Maintain a monitoring file for unapplied contract related cost such as items which are not chargeable to project as they are incurred, yet are expenses that are related to overall operation.
• Maintain a monitoring Cash flow report for each project.
• Reveal and deviation (overage or underage) in terms of quantity and amount.
• Participate in opening of bid documents together with Audit, if needed.
• Budget Analysis
• Maintain a monitoring budget report in which project’s general and administrative expenses are compared with actual cost as incurred.
• Maintain a monitoring budget report in which all department general and administrative expenses are compared with actual cost as incurred.
• Maintain a monitoring budget report in which all sales and marketing expenses are compared with actual cost as incurred.
• Analyze and prepare a report of major variances between budget and actual expenses.
• Others
• Provide data for ABP presentation requirement of the accounting department.
• Perform other related functions that may be assigned by the Superior from time to time.