Posted on: 19 June 2024
ID 917275

Project Cost Engineer

Company Description

De Beers Technology business

De Beers Technology Business have operations in both Cape Town and Johannesburg, South Africa and is part of the De Beers Group. We deliver technical services and technology systems to increase the efficiency and effectiveness of the De Beers Diamond value chain (from exploration to diamond recovery).

Activities include marine geophysical survey, sampling, and mining, projects, engineering, technology development and maintenance. Projects include the establishment and development of a fleet of mining ships and all associated equipment. We provide specialised diamond processing and recovery technology for the De Beers Group Exploration and Mining Operations. We are the industry leader in marine mining practices resulting in the most successful and advanced marine mining equipment and operations globally.

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 teams 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 Drivers 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
Additional Information

Who we are:

De Beers Group is a company with a sparkling future.

Our experts have searched the world for natures most precious gem. Our diamonds bring beauty to the world. But we think they can do so much more. We want our diamonds, and our business, to make life brilliant for our people, our customers and the world around us.

Safety

Safety first is a way of life for us. We are unconditional about the safety, health and well-being of our colleagues, at work and at home, and about that of the communities where we work. We aim to lead the industry by investing in innovation to protect people, who are at the heart of our business. Our high performing teams take accountability for their own and others' actions, work collaboratively, and always show care and respect.

Equity, Diversity & Inclusion

As a global #HeForShe Thematic Champion, De Beers is committed to promoting an equitable, inclusive and diverse workplace where we value and respect every colleague for who they are. We provide equality of opportunity to enable everyone to fulfil their potential. Please inform us should there be any special requirements that should be considered as part of your application.

Building Forever

Sustainability is at the heart of our decision-making it is how we do business. Building Forever is key to our purpose as it represents our ambitious and holistic sustainability framework and is central to our ability to deliver long-term value to our communities and partners. This shapes how we protect our social and environmental license to operate, build a long-term legacy in our host communities and earn consumers trust in our diamonds that they can wear with pride.

Background Checks

Successful candidates will be required to complete background screening which may include a criminal check and validation of qualifications.

Eligibility

This role is open to all individuals and we will support employees who might need to relocate
Occupation:
Mining jobs


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