Responsibilities:
- Review, validate and monitor budgets, funds, expenditures, forecasts, and contingency drawdown for respective projects throughout the entire project lifecycle.
- Review cost estimates, develop and maintain forecasts, and cost control plans for assigned projects.
- Track and analyze project expenditures, identifying variances from budgets and recommending corrective actions.
- Conduct cost risk assessments and develop mitigation strategies to minimize budget deviations.
- Support to review and analyze material contracts and contractor subcontracts, ensuring alignment with project specifications and budget parameters.
- Manage and track change orders associated with material contracts and subcontracts, ensuring proper cost control carried out and approval processes is in accordance to Micron’s Construction Management of Change (CMOC)
- Support in reviewing estimate and justification for change according to Micron’s Change Management process.
- Collaborate with project teams across engineering, procurement, and construction disciplines to identify cost-saving opportunities.
- Analyze financial data to identify trends, discrepancies, and opportunities for cost savings, presenting findings to management and recommending actions.
- Monitor and verify project costs, including materials, labor, and equipment, ensuring accurate cost allocation based on Work Breakdown Structure (WBS) and financial reporting.
- Carry out regular updates to WBS dictionary and ensure standardization is effectively used throughout the project.
- Prepare comprehensive cost reports and presentations for project stakeholders. Maintain a strong understanding of cost control principles and best practices within the semiconductor industry.
- Utilize cost control software and tools to manage project financials effectively.
- Implement and oversee cost auditing processes to ensure compliance with company policies and financial regulations, identifying and resolving discrepancies.
Qualifications:
- Bachelor's degree in Engineering, Construction Management, Quantity Surveying, Finance, or a related field.
- 7 to 10 years of working experience in the Construction Industry
- Minimum 3+ years of experience in cost control, preferably within the semiconductor industry or a similar capital projects environment.
- Strong understanding of cost estimating, budgeting, and forecasting methodologies.
- Excellent analytical and problem-solving skills.
- Proficient in Microsoft Office Suite (Excel, Word, PowerPoint) and cost control software.
- Meticulous attention to detail and a strong work ethic.
- Excellent communication and interpersonal skills, with the ability to collaborate effectively with diverse teams.
Preferred Qualifications:
- Experience with Contingency Drawdown management and Quantitative Cost Risk Analysis (QCRA)
- Experience with Earned Value Management (EVM) principles.
- Knowledge of semiconductor manufacturing processes and equipment.
