Contract & Billing Engineer
2 days ago
Key Responsibility Areas for Contract & Billing Engineer
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Quantity Surveying, Estimation & Making Contracts:
§ Study Bill of Quantities (BOQ) and technical specifications as per tender documents.
§ Take off quantities from engineering drawings and site data.
§ Assist in cost estimation and rate analysis for various work items (labour, materials, machinery).
§ Make Work Contracts by Comparing the best Offer among all with proper BOQ, Terms etc.
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Billing and Invoicing (Client and Subcontractor):
§ Prepare and process Running Account (RA) bills and final bills for Contractors/Consultants on a monthly basis.
§ Prepare and process bills for contractors and vendors, ensuring they align with work orders and site progress.
§ Ensure all billing documentation is complete, accurate, and submitted on time for approval.
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Verification and Certification:
§ Conduct random or stage-wise physical verification of work done at the site to match the claimed quantities.
§ Coordinate with site engineers and project managers to get joint measurement reports (JMR) and bills certified.
§ Approve and certify bills and invoices after arithmetic and technical checking.
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Cost Control and Reconciliation:
§ Prepare monthly reconciliation statements for construction materials (e.g., steel, cement or other M+L Contracts) to check theoretical consumption versus actual usage and identify wastage.
§ Monitor project costs and track expenses to ensure they are within the allocated budget.
§ Identify, document, and prepare claims for extra items or variations in the scope of work as per contract clauses.
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Documentation and Reporting:
§ Maintain detailed and organized records of all billing transactions, measurement books (MB), and communication.
§ Enter bills and data into the company's ERP software (Kanix's 'High-rise') or systems like SAP.
§ Prepare and submit various financial reports and Management Information Systems (MIS) reports for management analysis.
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Payment Approval and Tracking:
§ Take necessary approvals for upfront payments from the Director with prior planning and coordinate with Site teams.
§ Monitoring & Tracking of Sundry Creditors such as Contractors, Supplier, Consultants and Professionals etc.
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Other Important Key Areas:
A billing engineer plays a crucial role in the financial health of a construction project, requiring a blend of technical civil engineering knowledge, strong analytical skills, attention to detail, and proficiency in relevant software
(like MS Excel, AutoCAD, ERP systems).
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