Cost Engineer

Turner & Townsend Limited; City Of London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading project management consultancy in London seeks an experienced Cost Engineering Professional to establish processes and monitor financial performance against targets. You will lead evaluations of project costs and schedules, ensuring value for money for clients while providing strong analytical support. The ideal candidate will have a background in project controls and a passion for delivering client-focused outcomes. Opportunities for a flexible, supportive working environment are offered.

Benefits

Flexible working environment

Diversity and inclusion initiatives

Career growth opportunities

Qualifications

• Proven experience in project controls coordination in all phases.
• Demonstrated ability to determine corrective actions based on data.
• A commitment to providing excellent service.

Responsibilities

• Establish cost and schedule baseline while monitoring performance.
• Lead evaluation of project’s time, cost, and quality targets.
• Act as key point of contact to client for delivery issues.

Skills

Project controls coordination experience

Analytical skills

Advanced MS Office proficiency

Primavera P6 knowledge

Strong time management skills

Tools

Primavera P6

MS Office

Job description

At Turner & Townsend we are passionate about making a difference. That means delivering better outcomes for our clients, helping our people to realise their potential, and doing our part to create a prosperous society. For over 75 years we have been helping our clients deliver on their objectives. Our success at realising outcomes for clients has resulted in significant growth and we are now facing a new wave of growth to achieve our ambitious 2025 vision. To reach this goal, we need great people who are passionate about both delivering great outcomes to our clients and contributing to our future vision. This is made entirely possible through our entrepreneurial culture, allowing employees of all levels to directly influence the business and to own their career.

Job Description

As an experienced Cost Engineering Professional you will establish the required processes, templates and tools, and agree the baseline for cost and schedule, whilst monitoring performance against it and incorporating the impacts of risk, opportunities and change in a controlled manner. In order to do this you will:

• Identify trends and root causes of deviations against the baseline using lead and lag indicators, recommend remedial actions in order to drive best value for the client.
• Lead the evaluation of the project’s time, cost, and quality targets, applying governance controls as necessary to enable the successful delivery of the project.
• Cooperate with a remote team of cost managers responsible for reaching an agreed, market tested cost baseline and ensuring the client is receiving value for money.
• Guide and influence the general contractor, ensuring they are progressing in line with the schedule and within agreed cash flow parameters.
• Act as the key point of contact to the client overcoming delivery and commercial issues whilst preparing formal and ad‑hoc reports focussing on time, cost and quality targets.
• Control costs with your knowledge of conceptual estimating, funding stage gates, basic contingency principals, procurement principals.
• Create and/or work within a cost report, summarising financials in an executive level dashboard.
• Understand change management principals, lead agreed change management process and workflow, providing a platform for adding/tracking/monitoring/approving change.
• Coordinate and lead planning sessions and workshops with clients and vendors to compile the master project/programme schedule, agreeing baselines and a critical path.
• Understand procurement principals, collate lead times from vendors and client into the master schedule communicate the prioritisation of ordering materials and equipment to meet scheduled install dates.
• Work closely with the client to define vendor schedule requirements.
• Actively participate in project team risk evaluations, incorporating the defined risks into monte carlo to output quantitative impacts to the overall project cost and schedule.
• Work closely with the project team to stay informed on status of project changes, incorporating and communicating these to the project team to allow for approvals in the change management process.
• Hold vendors accountable for required schedule updates and reporting to maintain timely and accurate updates of the master schedule ensuring that the schedules adhere to the defined process and quality expectations.

Qualifications

• Proven experience in project controls coordination in all phases of the project lifecycle including program, risk and reporting with, specialist life sciences or data centre sector experience.
• Demonstrated experience in the ability to determine corrective actions or recommendations based on facts and figures and critically evaluating information and data from various sources.
• Advanced skills in MS Office and Primavera P6
• Able to demonstrate a commitment to providing excellent service.
• Reliable with the ability to work autonomously and as part of a team.
• Strong time management skills, quick thinking and ability to meet project deadlines as necessary.
• Highly motivated and driven with a passion for delivering to your clients and have the ability to work independently.

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.

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

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It is strictly against Turner & Townsend policy for candidates to pay any fee in relation to our recruitment process. No recruitment agency working with Turner & Townsend will ask candidates to pay a fee at any time.

Any unsolicited resumes/CVs submitted through our website or to Turner & Townsend personal e‑mail accounts, are considered property of Turner & Townsend and are not subject to payment of agency fees. In order to be an authorised Recruitment Agency/Search Firm for Turner & Townsend, there must be a formal written agreement in place and the agency must be invited, by the Recruitment Team, to submit candidates for review.