Cost Engineer

Turner & Townsend; Lancing; On-site; GBP 45,000 - 65,000; Full time

Job summary

A leading project management firm in the United Kingdom is seeking a Cost Engineer to support major projects with accurate cost performance reporting and project control. The ideal candidate will be a qualified graduate with experience in project controls services, particularly in multiple sectors. Responsibilities include developing cost control data structures, tracking budgets, and reporting project information. Familiarity with cost management systems like Prism and Ecosys is essential. The role offers an inclusive environment and encourages diverse applications.

Qualifications

• Qualified graduate in a relevant discipline with experience in project controls.
• Experience in delivering cost engineering across major projects.
• Ability to define project cost procedures and standards.

Responsibilities

• Develop project cost control data structures.
• Establish and track the project control budget.
• Report all project information including Earned Value Management.

Skills

Cost management systems

Earned Value Management

CIMA qualification

Project cost control

Education

Degree in a relevant discipline

Tools

Prism

Ecosys

SAP

Oracle

Job description

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 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

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

Equal Opportunity Employer

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.