Cost Engineer

TURNER & TOWNSEND; City of Edinburgh; On-site; GBP 40,000 - 70,000; Full time

Job summary

An established industry player seeks a skilled Cost Engineer to support major projects by delivering accurate project performance information. In this role, you'll manage cost control data, track expenditures, and apply Earned Value Management principles to ensure projects stay on budget. This position offers a vibrant work environment that values work-life balance and promotes personal growth. Join a diverse team committed to creating an inclusive workplace and making a significant impact in the industry. If you are passionate about cost engineering and ready to take on exciting challenges, this opportunity is perfect for you.

Benefits

Flexible working environment

Health and wellness programs

Diversity and inclusion initiatives

Qualifications

• Experience in delivering cost engineering across major projects.
• Ability to define project cost procedures and standards.

Responsibilities

• Develop project cost control data structures to track actual costs.
• Report all cost-related project information accurately and timely.

Skills

Cost Engineering

Earned Value Management

Cost Management Systems

Project Lifecycle Management

Education

Degree in Engineering or related field

Tools

Ecosys

SAP

Oracle

Job description

Company Description

At Turner & Townsend we’re passionate about making the difference. That means delivering better outcomes for our clients, helping our people to realize their potential, and doing our part to create a prosperous society.

Every day we help our major global clients deliver ambitious and highly technical projects, in over 110 offices worldwide.

Job Description

Cost Engineers support major projects and organisations in the delivery of accurate and timely project information relating to performance against project baselines. The cost engineer would drive the cost performance reporting for the project including all Earned Value Management metrics associated with key project commitments and expenditures.

Duties

• Development of project cost control data structures to accurately track and control actual costs
• Establishing and setting the project control budget aligned with agreed baselines
• The tracking of actual costs both for internal and external expenditure against the cost controls structures
• The tracking and control of project accruals and commitments against set budget constraints
• The build of project forecast to include estimate to complete (ETC) and the development of the estimate at complete (EAC)
• The accurate and timely reporting of all cost related project information
• Working with the planning function to accurately apply Earned Value Management rules.
• The tracking of project contingency and exposure associated with risk events and remaining risks on the project
• The tracking of project change control to ensure alignment with agreed baselines and control data structures
• The tracking of key project trends and actioning as appropriate.

Qualifications

Delivered cost engineering across a range of major projects, preferably across multiple sectors. Worked across the full project lifecycle including for pre-investment decision, design development, execution, and commissioning phases.

Has experience in working to cost engineering procedures and processes, and the ability to define project cost procedures and standards to which the project and/or programme will adhere to.

Highly conversant with cost management systems such as Ecosys, including for the interface with corporate ERP systems such as SAP and Oracle. The cost engineer would have an appreciation of business rules, and how project funding and performance aligns with business financial account requirements within the project or programme environment.

Additional Information

Our inspired people share our vision and mission. We provide a great place to work, where each person has the opportunity and voice to affect change.

We want our people to succeed both in work and life. To support this we promote a healthy, productive and flexible working environment that respects work-life balance.

Turner & Townsend is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees and actively encourage applications from all sectors of the community.

Please find out more about us at www.turnerandtownsend.com/

SOX control responsibilities may be part of this role, which are to be adhered to where applicable.

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