Cost Engineer

TN United Kingdom; Reading; Hybrid; GBP 40,000 - 70,000; Full time

Job summary

An established industry player is seeking a Cost Engineer to join their team. This role involves conducting detailed variance analysis, preparing cost studies, and tracking project performance. You'll be responsible for implementing procedures to ensure data quality and preparing forecasts and budgets for projects. The ideal candidate will have a strong background in cost engineering and a commitment to high personal standards in safety and quality. Join a forward-thinking company that values diversity and offers exciting opportunities for professional growth.

Qualifications

• Experience in SPI and CPI variance analysis and root cause analysis.
• Ability to prepare and control forecasts and budgets for projects.

Responsibilities

• Implement procedures to ensure data quality and consistency.
• Prepare cost reports including trend analysis and early warnings.

Skills

SPI and CPI variance analysis

Cost Breakdown Structure (CBS)

Benchmarking

Manpower productivity tracking

Forecasting and budgeting

Data interrogation

Cost reporting

Job description

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Job title: Cost Engineer
Job Type: Contract
IR35 Status: Inside
Start date: ASAP
Duration: 12 months
Salary/ Pay rate/ Benefits: Competitive
Location: Reading/hybrid
Hours of work: 37-hour Monday - Friday

Applicants must have experience of the following:
* Conduct full and detailed SPI, CPI variance analysis and subsequent root cause analysis, followed by provision of narrative, recommendations & recovery planning in accordance with monthly reporting timescales.
* Establish the Project Cost Breakdown Structure (CBS) and lead on the preparation of cost studies utilising historical data.
* Developing benchmarking information to meet specific needs.
* Provide trended data to the Project Manager based on performance to date and emerging trends including making recommendations.
* Tracking manpower productivity and analysing time booked to projects including resource usage vs. planned, resource constraints, etc. and make any relevant recommendations to the Project Manager

Role information:
* Implement appropriate procedures, processes and systems to ensure the quality and consistency of data.
* Task manage capacity and deployment of Business Management team members in support of Group Leaders.
* Prepare, monitor and control of forecasts and budgets for specified projects, including change control.
* Interrogate systems and performance to ascertain actual expenditure and project accruals as needed.
* Preparation of cost reports, including trend analysis and early warnings where necessary.
* Perform and support other Cost Engineer requirements as requested.
* Maintain and promote high personal standards in environment, safety, health, security and quality and be a great team player.

Minimum requirement: Security clearance

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We try to respond to all applicants, but sometimes this is not possible due to high volumes of applications; if you have not heard from us within 14 days, regrettably it means you have been unsuccessful on this occasion.

Company information:
This vacancy is being advertised by Rullion Ltd acting as an employment business.
Since 1978, Rullion has been securing exceptional candidates for a range of clients; from large well-known brands, to SMEs and start-ups. As a family-owned business, Rullion's approach is credible and honest, focused on building long-lasting relationships with both clients and candidates.

Rullion is a forward-thinking recruitment company that specialises in providing a wide range of talent consultancy services to a diverse client base; from small start-ups to large household names.
We celebrate and support diversity and are committed to ensuring equal opportunities for both employees and applicants.