Our Client is seeking an experienced Cost Engineer to work on a contract and hybrid basis, on an initial 6 month contract. 

The Cost Engineer is responsible for providing cost management support to the portfolio and will monitor, control and forecast the costs during the Project lifecycle.

Key Responsibilities

·       Take ownership of the cost trackers

·       Work with the Project Managers to ensure contracts and forecasts are effectively managed

·       Control, monitor, analyse and report cost related aspects for designated projects

·       Implement the correct and appropriate cost management tool for the project

·       Assist in development and use of Project Control Structures (CBS, OBS, WBS etc.)

·       Understand the basis of the estimate

·       Ensure all cost and contract transactions on a project are understood and managed

·       Ensure all variances to the cost baseline are communicated

·       Ensure the necessary cost management interface is in place with Finance and ensure regular communications

·       Active involvement in the change process, understanding the reasons for and factors influencing each change to the project’s cost baseline plus the implications of such change

·       Continually monitor Project Risk and Change status to maintain current forecast

·       Review and understand, with the assistance of the Planning Engineer, the schedule progress and it’s alignment to the Project Control Structure

·       Liaise with Project team members and contractors with regards to progress and financial forecasting

·       Update the Cost Tool to comply with Project Reporting Cycles.

·       Challenge cost variances against the baseline plan

·       Ensure integration with the project Planning Engineer to maintain an aligned financial position with the project plan

Knowledge, Skills, and Experience

·       Breadth of experience across whole project and programme lifecycle (e.g. Engineering, Procurement, Construction, Installation/Commissioning processes), preferably in a highly regulated environment

·       High level of numeracy and excellent analytical skills

·       The ability to reconcile cost information as it applies to the programmes of work

·       Proficient in the use of estimating, scheduling, programming and risk tools

·       Proficient in the use of Earned Value Analysis

·       Good attention to detail with good time management skills

·       Relevant experience in Project Controls and/or Project Delivery, preferably in a highly regulated environment

·       Evidence of strong engineering background, ideally within a safety/regulated environment

Qualifications

·       Minimum of HNC/HND ideally in a cost-related discipline or relevant experience MACostE desirable

Ideally looking for 2-3 days office/ site with the potential to be based from Ashford or Dungeness. The remainder of the week offering remote working. 

SC checks/clearance will be required for this role. 

Only those with proof of right to work in the UK can be considered for this position. 

For more information, please get in touch.