Cost & Budget Officer (Real Estat) - Manila

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.