Cost Engineer

TN United Kingdom; Crewe; On-site; GBP 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a skilled Cost Engineer to enhance project performance through meticulous cost management and reporting. This role involves developing cost control structures, tracking expenditures, and ensuring alignment with project baselines. Ideal candidates will have a strong background in project controls, experience across multiple sectors, and familiarity with cost management systems. Join a dynamic team that values work-life balance and diversity, contributing to impactful projects that improve lives. This is an exciting opportunity to shape the future of project delivery in a supportive environment.

Qualifications

• Proven experience in project controls services for major projects.
• Ability to define project cost procedures and standards.

Responsibilities

• Develop project cost control data structures to track costs.
• Accurate reporting of project information including Earned Value Management.
• Track project trends and manage change control.

Skills

Cost Engineering

Earned Value Management

Project Cost Control

Budget Management

Forecasting

Education

Degree in a relevant discipline

CIMA qualification

Tools

Prism

Ecosys

SAP

Oracle

Job description

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Turner & Townsend is a global professional services company with over 22,000 people in more than 60 countries.
Working with our clients across real estate, infrastructure, energy and natural resources, we transform together delivering outcomes that improve people’s lives. Working in partnership makes it possible to deliver the world’s most impactful projects and programmes as we turn challenge into opportunity and complexity into success.
Our capabilities include programme, project, cost, asset and commercial management, controls and performance, procurement and supply chain, net zero and digital solutions.
We are majority-owned by CBRE Group, Inc., the world’s largest commercial real estate services and investment firm, with our partners holding a significant minority interest. Turner & Townsend and CBRE work together to provide clients with the premier programme, project and cost management offering in markets around the world.
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Job Description

Cost Engineers support major projects and organisations in the delivery of accurate and timely project information relating to performance against the 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 for estimated work to complete (ETC) and the development of the estimate at complete (EAC)
• The accurate and timely reporting of all project information including Earned Value Management
• 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 which can inform future change controls

Qualifications

Typically, a qualified graduate in a relevant discipline with proven working experience in the delivery of project controls services for major projects or programmes. Additionally, we would welcome applicants who are CIMA qualified.

Experience

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 Prism and Ecosys, including for the interface with corporate finance 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

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

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