Cost Engineer

EnerMech; Aberdeen City; On-site; GBP 35,000 - 55,000; Full time

Job summary

A leading energy service company is seeking a Cost Engineer in Aberdeen to oversee project cost performance, implement reporting, and support financial activities. The ideal candidate will possess strong qualifications in project management and financial acumen, contributing to effective project execution and management.

Qualifications

• Experience in project cost and performance management.
• Strong financial and commercial acumen.
• Ability to communicate and lead effectively.

Responsibilities

• Implement cost reporting and forecasting on assigned projects.
• Manage project cost performance and variance.
• Support the project manager in cost performance reporting.

Skills

Financial acumen

Project cost management

Communication

Leadership

Education

Relevant professional qualifications in project management, cost professional or business management

Job description

We Are?

We are EnerMech, a specialist service company that delivers safe, integrated solutions for complex energy projects.

For over 50 years, we’ve been energizing our clients across the world with unrivalled expertise, equipment, and technology that supports the entire asset life-cycle – offshore and on land.

We enable progress through our three global business lines: Energy Solutions, Infrastructure & Industrial Solutions, and Lifting Solutions.

Within these areas, we offer a wide range of services, including cranes, lifting, fluid power, training, equipment rental, pipeline and subsea, process, and valves – all designed to help our clients optimize performance, enhance reliability, and improve efficiency.

With a focus on operational excellence, we deliver value through our customized integrated solutions. This approach reduces risk and enhances efficiencies making us a leading and trusted partner every step of the way.

The Role and Responsibilities

EnerMech have a new vacancy for a Cost Engineer in our Aberdeen office. The Cost Engineer will take responsibility for analysing the project estimate and monitoring and forecasting the project cost performance to ensure as-bid position is achieved. Establishing effective revenue models, minimising business risks, accurately forecasting and reporting will be key.

Tasks will include:

• Implementing cost reporting and forecasting on assigned projects
• Managing project cost performance, variance and supporting change management
• Liaise with business operations, central support, logistics, procurement and all stakeholders to effectively manage project costs
• Support the project manager in project cost performance and reporting requirements
• Project reporting and performance management including KPI reporting
• Coordination with finance and shared service center to ensure effective invoicing process
• Interface with commercial and finance on invoicing and DSO performance monitoring
• Ensure effective change management, variations and Purchase tracking practices are in place

The Requirements

To be successful in this role we are looking for someone with experience in project cost and performance management and relevant professional qualifications in project management, cost professional or business management. You will need a strong financial and commercial acumen with the ability to communicate and lead effectively.

Diversity & Inclusion

EnerMech is dedicated to fostering a diverse and inclusive organisation. We believe that diversity enriches our team, and we welcome applications from candidates of all backgrounds, cultures, and identities.