Cost Engineer

TN United Kingdom; Preston; On-site; GBP 40,000 - 70,000; Full time

Job summary

An established industry player is seeking a dedicated Cost Engineer to support major projects by delivering precise project information and driving cost performance reporting. This role involves developing cost control structures, managing budgets, and overseeing project forecasts. The ideal candidate will have a relevant degree and experience in cost engineering across various sectors. Join a forward-thinking company that values diversity and promotes a healthy, inclusive work environment, where your contributions will play a crucial role in project success.

Benefits

Flexible Work Environment

Diversity and Inclusion Initiatives

Qualifications

• Qualified graduate with experience in project controls for major projects.
• Familiarity with cost management systems and project lifecycle phases.

Responsibilities

• Develop and manage project cost control data structures.
• Create accurate project forecasts and reports on performance.

Skills

Cost Control

Earned Value Management

Project Forecasting

Risk Management

Cost Management Systems

Education

Bachelor's Degree in a Relevant Discipline

CIMA Qualification

Tools

Prism

Ecosys

SAP

Oracle

Job description

Cost Engineer Job Description

Cost Engineers support major projects and organizations by delivering 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. Develop project cost control data structures to accurately track and control actual costs.
2. Establish and set the project control budget aligned with agreed baselines.
3. Track actual costs for internal and external expenditures against control structures.
4. Manage project accruals and commitments within set budget constraints.
5. Create project forecasts, including estimated work to complete (ETC) and estimate at complete (EAC).
6. Report all project information accurately and promptly, including Earned Value Management.
7. Monitor project contingency and exposure related to risk events and remaining risks.
8. Oversee project change control to ensure alignment with baselines and control data structures.
9. Identify key project trends to inform future change controls.

Qualifications

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

Experience

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

Additional Information

We promote a healthy, flexible, and inclusive work environment, encouraging diversity and equal opportunity. Turners & Townsend is committed to creating an inclusive environment and encourages applications from all sectors.

Visit us at our website. Please note, SOX control responsibilities may apply, and we do not accept fees from candidates or recruitment agencies.