Cost Engineer

TURNER & TOWNSEND; Scotland; On-site; GBP 40,000 - 60,000; Full time

Job summary

A global professional services company in the UK is seeking an experienced Cost Engineer to support major projects. You will be responsible for developing cost control data structures, tracking actual costs, and reporting cost performance. The ideal candidate will have a strong background in cost engineering and working knowledge of cost management systems. We promote a healthy work-life balance and are committed to diversity and inclusion.

Benefits

Flexible working environment

Diversity and inclusion initiatives

Qualifications

• Delivered cost engineering across a range of major projects.
• Experience in defining project cost procedures and standards.
• Conversant with corporate ERP systems.

Responsibilities

• Develop project cost control data structures.
• Establish project control budget.
• Track actual costs against budget constraints.
• Build project forecasts including estimates to complete.

Skills

Cost engineering experience

Cost management systems knowledge (Ecosys, SAP, Oracle)

Earned Value Management application

Project lifecycle understanding

Job description

Company Description

Turner & Townsend is a global professional services company with over 22,000 people in more than 60 countries. Working with our clients across real estate, infrastructure, energy and natural resources, we transform together, delivering outcomes that improve people’s lives. Working in partnership makes it possible to deliver the world’s most impactful projects and programmes as we turn challenge into opportunity and complexity into success.

Our capabilities include programme, project, cost, asset and commercial management, controls and performance, procurement and supply chain, net zero and digital solutions. We are majority‑owned by CBRE Group, Inc., the world’s largest commercial real estate services and investment firm, with our partners holding a significant minority interest. Turner & Townsend and CBRE work together to provide clients with the premier programme, project and cost management offering in markets around the world.

Please visit our website: www.turnerandtownsend.com

Job Description

Cost Engineers support major projects and organisations in the delivery of accurate and timely project information relating to performance against 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
• Tracking of actual costs both for internal and external expenditure against the cost controls structures
• Tracking and control of project accruals and commitments against set budget constraints
• Build of project forecast to include estimate to complete (ETC) and the development of the estimate at complete (EAC)
• Accurate and timely reporting of all cost related project information
• Working with the planning function to accurately apply Earned Value Management rules.
• Tracking of project contingency and exposure associated with risk events and remaining risks on the project
• Tracking of project change control to ensure alignment with agreed baselines and control data structures
• Tracking of key project trends and actioning as appropriate.

Qualifications

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 Ecosys, including for the interface with corporate ERP 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

Our inspired people share our vision and mission. We provide a great place to work, where each person has the opportunity and voice to affect change. We want our people to succeed both in work and life. To support this we promote a healthy, productive and flexible working environment that respects work‑life balance.

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.

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

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It is strictly against Turner & Townsend policy for candidates to pay any fee in relation to our recruitment process. No recruitment agency working with Turner & Townsend will ask candidates to pay a fee at any time.

Any unsolicited resumes/CVs submitted through our website or to Turner & Townsend personal e‑mail accounts, are considered property of Turner & Townsend and arenot subject to payment of agency fees. In order to be an authorised Recruitment Agency/Search Firm for Turner & Townsend, there must be a formal written agreement in place and the agency must be invited, by the Recruitment Team, to submit candidates for review.