Cost Engineer

JR United Kingdom; Bristol; On-site; GBP 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a motivated Cost Engineer to join their Project Management team. In this dynamic role, you will provide essential cost estimates and modelling support to help shape procurement decisions for the UK MoD and industry. Collaborating with government bodies and global contractors, you will leverage your analytical skills to enhance the accuracy of project costs. This forward-thinking consultancy values diversity and offers a supportive environment where you can grow your career. Join a team that encourages creativity and innovation while enjoying a competitive salary and benefits package.

Benefits

Car Allowance

Bonus Scheme

Private Medical Insurance

Training and Development Programme

Qualifications

• Proven experience in Cost Engineering or Analyst role within a P3M environment.
• Educated to degree level or equivalent.

Responsibilities

• Provide cost estimates and modelling support for UK MoD and industry decisions.
• Work with government bodies and contractors to improve project cost accuracy.

Skills

Cost Engineering

Analytical Thinking

Statistical Knowledge

Risk Analysis

Presentation Skills

Report Writing

Travel Flexibility

Education

Degree in relevant field

Tools

Visual Basic

@Risk

ModelRisk

Job description

Copello are working with a global consultancy, who specialise in engineering services for defence and space. Due to growth, we are looking for an enthusiastic and motivated Cost Engineer to join the Project, Programme, and Portfolio Management team.

Role

As a Cost Engineering Consultant, you will be providing the cost estimates and modelling support to help the UK MoD and industry make better decisions. You will work closely with national government bodies, international institutions, and global prime contractors, leading and supporting procurement decisions with analytical thinking and outcomes, modelling of operational performance and sustainment. This may be working autonomously within customer teams to support business cases, estimating of procurement and in-service costs, or leading workshops with customers and Subject Matter Experts to improve accuracy and understanding of project costs.

Experience

• Proven experience in a Cost Engineering or Analyst role within a P3M environment.
• Educated to degree level or equivalent.
• Experience of working in the defence sector or a military background.
• Good knowledge of statistics in support of parametric modelling, sampling, and risk analysis.
• Knowledge of Investment Appraisals, Trade Studies, Business Cases, and Cost Benefit Analysis to support stage gate approvals process.
• Experience in methods of estimating including bottom-up, analogous, and parametric techniques in support of both hardware and software systems acquisitions and through life support.
• Experience developing estimates that take account of design, manufacture, and support costs; allowances; overheads; profit, Government Furnished Assets & Resources, historical costs, and Estimating Maturity Assessment levels.
• Development of robust cost models that satisfy independent Verification & Validation scrutiny.
• Knowledge of quantitative assessment of uncertainty, cost, schedule risk assessment and awareness of Risk Management approach and the costing of Risk within the cost models.
• Experience of assisting the Bid Winning process.
• Strong verbal, presentation, and report-writing skills.
• Ability to travel to client sites across the UK as required.
• Membership of a professional body.
• Experience working in a consultancy environment or with government clients.
• Knowledge of and application of Visual Basic.
• Independent Verification and Validation against 3rd party supplied cost models.
• Knowledge of Earned Value Management (EVM).
• Application of Risk tools such as @Risk, ModelRisk etc.

You can expect:

• To work in an exciting, fast paced environment where you will have the opportunity to add value and make a difference.
• To work for a forward thinking, agile organisation who embrace diversity.
• Empowerment to deliver in a trusting and supportive environment.
• The opportunity to further enhance your skills through a training and development programme tailored to support your career aspirations.
• The support and encouragement to develop a long term and rewarding career.
• To work in an environment where creativity and innovation is encouraged and rewarded.
• A competitive salary and benefits package, including car allowance, bonus scheme and private medical insurance.

Other Requirements:

• Candidates must have an existing right to live and work in the UK.
• Candidates will need to undergo an internal BPSS check prior to gaining site access.
• Candidates will also need to either hold a current SC clearance or be willing and eligible to undergo a Security Clearance check (SC level) upon starting their employment with the company.
• To gain SC clearance you will normally need at least 5 years’ UK residency.

If you feel you have the right skills or experience please apply now or send your CV to [emailprotected] for a further conversation.