Cost Engineer

Bechtel; Reading; Hybrid; GBP 60,000 - 85,000; Part time

Job summary

Bechtel is collaborating with the UK project team near Reading to deliver cost control and reporting for a high-profile defense program. The Senior Cost Engineer will manage cost data, EAC, and variance analysis with regular client and supplier interfaces.

The role requires a Bachelor’s degree in engineering or related field, SC clearance, and experience in project controls. It is designated as part-time telework with mandatory in-person days several times weekly.

Qualifications

• Bachelor’s degree in engineering, construction management or related field.
• Security: Must hold or be able to obtain SC clearance.
• United Kingdom nationality; able to work without sponsorship.
• Experience in project controls or cost control.

Responsibilities

• Maintain timely and accurate cost data and reports.
• Produce EAC data and associated variance analysis.
• Assist with monthly project control reports and governance.
• Interface with client and supply chain colleagues.
• Support cost coding and data integrity across projects.

Skills

Forecasting

Earned value

Cost control

Stakeholder mgmt

Excel

Communication

Education

Bachelor's degree in engineering or related field

Tools

NEC3/4 knowledge

Cost reporting systems

Job description

Requisition ID: 298901

• Relocation Authorized: National - Single
• Telework Type: Part-Time Telework
• Work Location: Reading

Extraordinary teams building inspiring projects:

Since 1898, we have helped customers complete more than 25,000 projects in 160 countries on all seven continents that have created jobs, grown economies, improved the resiliency of the world's infrastructure, increased access to energy, resources, and vital services, and made the world a safer, cleaner place.

Differentiated by the quality of our people and our relentless drive to deliver the most successful outcomes, we align our capabilities to our customers' objectives to create a lasting positive impact. We serve the Infrastructure; Nuclear, Security & Environmental; Energy; Mining & Metals, and the Manufacturing and Technology markets. Our services span from initial planning and investment, through start-up and operations.

Core to Bechtel is our Vision, Values and Commitments. They are what we believe, what customers can expect, and how we deliver. Learn more about our extraordinary teams building inspiring projects in our Impact Report.

Project Overview:

For more than 70 years, AWE has supported the UK Government’s nuclear defense strategy and the Continuous at Sea Deterrent (CASD). They also use their nuclear know-how and technical expertise to provide innovative solutions that support the UK’s counterterrorism and nuclear threat reduction activities. The AWE Aldermaston site houses advanced research, design and manufacturing facilities; and therefore, like Bechtel, the management of Environment, Safety, Health and Wellbeing underpins all activities to create and maintain a safe operating culture where safety is front and center. You will be part of a team entrusted with the success of what is a high-profile and nationally important undertaking, working in a highly collaborative partnership with our client and supply chain colleagues. Experience of the defense and nuclear sectors can be helpful, but we are equally interested in the ability of candidates to apply broader experiences in a new environment.

Job Summary:

Bechtel is collaborating with AWE as an integrated team to deliver the preliminary design for the facilities within the Future Materials Campus. Since 2023, Bechtel has provided delivery and technical support, ensuring the project is completed on schedule and within budget. The Project currently seeks a Senior Cost Engineer to join the team who will be accountable for maintaining and delivering timely and accurate cost data and reports at a programme and project level. The role will be based primarily near Reading, however business travel to other offices in the UK may also be required. We actively recruit people of all backgrounds, but due to the nature of work in this specific area means that nationality, residency and security requirements are more tightly defined than others. This position is designated as part-time telework per our global telework policy and may require at least three days of in-person attendance per week at the assigned office or project. Weekly in-person schedules will be determined by the individual and their supervisor, in consultation with functional or project leadership.

Major Responsibilities:

• Liaising with Key Stakeholders, to maintain and deliver timely and accurate cost data and reports, including actual cost of work performed, performance analysis, earned value, and associated variance analysis that make a meaningful contribution to the management of project execution.
• Reviewing and interpreting all aspects cost impact from: performance issues, inflation, trends, forex and formal changes to the overall programme alongside producing and interpreting project control reports and provide performance analysis and recommendations for our client.
• Produce and maintain accurate EAC (Estimate at Completion) Data and to produce associated variance analysis and other cost reports to a defined reporting cycle.
• Review, acceptance and integration of cost performance data from Client suppliers.
• Understand Change process and be able to assist in Change implementation, interpretation of Changes and how they affect Cost performance, with input to the trend process as required.
• Apply Cost data to Risk and Opportunity and provision of associated feedback.
• Adhere to Project governance and Cost standards and procedures.
• Assists in developing specific project codes of accounts and recommends appropriate modifications and revisions.
• Investigates the requirements for estimating and/or cost control data for a specific discipline/other specialty application.
• Assists with the review and issuance of the monthly project control reports.
• Broad perceptive of Cost and relationship to Schedule.
• Undertake and/or support the continuous improvement exercises through the performance of project reviews;
• Interfaces with other members of the project team and provides miscellaneous support to Project Controls Manager as requested.
• Responsible for monthly payment for application and invoicing
• Prepare and present various internal reports to senior management
• Supports various estimating tasks

Education and Experience Requirements:

• Bachelor’s degree in engineering, construction management or related field with a number of years of project controls or cost related work experience. In lieu of Bachelor’s degree several years project controls or cost control experience.
• Security Requirements: Must hold or be able to obtain SC clearance as a minimum.
• Nationality Requirements - United Kingdom (UK) Nationals. Note: Dual citizens may be considered.
• Other Requirements: Authorisation to work in the UK without employee sponsorship, ability to pass background checks and drug and alcohol testing.

Required Knowledge and Skills:

• Experience of performing forecasting, statistical analysis, quantity take-offs, or skilled in perceptive technical processes, quantity determinations, and financial reports.
• Experience of financial reporting systems and controller account codes (including Project Financial Status Reports and Earned Revenue Determination Data).
• Experience of earned value management, progress reporting – rules of credit, forecasting, working knowledge of cost risk analysis techniques, performance reporting and analysis.
• Skilled in oral and written communication.
• Skilled in using PC operating systems and several basic software applications such as Excel, Word and PowerPoint.
• Knowledge in Estimating using AACE Classification, preferred.
• Knowledge of engineering and construction management customarily acquired over time through specialised instruction or practical experience.
• Knowledge of NEC3/4 Contract administration.
• Knowledge of current industry and technical developments.
• Knowledge and experience of the nuclear industry preferred but not essential

Total Rewards/Benefits:

For decades, Bechtel has worked to inspire the next generation of employees and beyond! Because our teams face some of the world's toughest challenges, we offer robust benefits to ensure our people thrive. Whether it is advancing careers, delivering programs to enhance our culture, or providing time to recharge, Bechtel has the benefits to build a legacy of sustainable growth. Learn more at Bechtel Total Rewards

Diverse teams build the extraordinary:

As a global company, Bechtel has long been home to a vibrant multitude of nationalities, cultures, ethnicities, and life experiences. This diversity has made us a more trusted partner, more effective problem solvers and innovators, and a more attractive destination for leading talent.

We are committed to being a company where every colleague feels that they belong-where colleagues feel part of "One Team," respected and rewarded for what they bring, supported in pursuing their goals, invested in our values and purpose, and treated equitably.

Equal Opportunity Employer Statement:

Bechtel is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity and expression, age, national origin, disability, citizenship status (except as authorized by law), protected veteran status, genetic information, and any other characteristic protected by federal, state or local law.

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