Cost Engineer

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

Job summary

An established industry player is seeking a skilled Cost Engineer to support major projects by providing accurate project information and driving cost performance reporting. In this dynamic role, you will develop cost control structures, manage budgets, and forecast project costs while ensuring alignment with project baselines. The company promotes a healthy work-life balance and values diversity, making it an exciting opportunity for professionals looking to make a significant impact in the field of cost engineering. Join a team committed to excellence and innovation in project management.

Qualifications

• Qualified graduate with experience in project controls for major projects.
• Experience in cost engineering across full project lifecycle phases.

Responsibilities

• Develop project cost control data structures to track actual costs.
• Provide accurate project reporting, including Earned Value Management metrics.

Skills

Cost Performance Reporting

Earned Value Management

Project Cost Control

Budget Management

Cost Management Systems

Education

Bachelor's Degree in Relevant Discipline

CIMA Qualification

Tools

Prism

Ecosys

SAP

Oracle

Job description

Cost Engineer Job Description

Cost Engineers support major projects and organizations by providing accurate and timely project information related to performance against project baselines. They drive cost performance reporting, including all Earned Value Management metrics associated with key project commitments and expenditures.

Duties

1. Development of project cost control data structures to accurately track and control actual costs
2. Establishing and setting the project control budget aligned with agreed baselines
3. Tracking actual costs for internal and external expenditures against control structures
4. Managing project accruals and commitments within set budget constraints
5. Building project forecasts, including estimated work to complete (ETC) and developing the estimate at complete (EAC)
6. Providing accurate and timely reporting of all project information, including Earned Value Management
7. Monitoring project contingency and exposure related to risk events and remaining risks
8. Tracking project change control to ensure alignment with baselines and control data structures
9. Analyzing key project trends to inform future change controls

Qualifications

Typically, a qualified graduate in a relevant discipline with proven experience in delivering project controls for major projects or programs. CIMA qualification is also welcomed.

Experience

Experience in cost engineering across various sectors and full project lifecycle phases, including pre-investment, design, execution, and commissioning. Familiarity with cost management systems such as Prism and Ecosys, and interface with financial systems like SAP and Oracle, is essential.

Additional Information

We promote a healthy, productive, and flexible work environment that respects work-life balance. Turner & Townsend is an equal opportunity employer committed to diversity and inclusion. Learn more at our website.

Note: SOX control responsibilities may be part of this role. Join our social media conversations on Twitter, Instagram, and LinkedIn. Candidates should be aware that it is against policy to pay fees related to our recruitment process, and unsolicited CVs are considered property of Turner & Townsend.