Cost Engineer

PSR Solutions; Willenhall; On-site; GBP 35,000 - 50,000; Full time

Job summary

A leading construction contractor in the UK is looking for a Cost Engineer to join their Commercial & Finance Team for a major infrastructure project in Willenhall. The ideal candidate will assist in cost control, manage financial reporting, and need a degree in a relevant field. This role offers excellent career progression opportunities and a competitive salary.

Benefits

Excellent benefits package

Career progression opportunities

Long-term project involvement

Qualifications

• Minimum 2 years' experience as a Cost Engineer.
• Working knowledge of finance systems and commercial reporting.
• Membership in professional bodies like Acoste / AACEI / ICEC advantageous.

Responsibilities

• Assist with cost control of the Project, focusing on labour, plant, and materials.
• Liaise with the finance team to manage DPO within tolerance.
• Collate and reconcile cost data from site records and finance systems.

Skills

Cost control

Budget administration

Microsoft Office

PowerBI

Financial reporting

Education

Degree in Finance / Accountancy / Construction / Mathematics / Business

Job description

Our client is an internationally renowned Principal Contractor working within the UK construction and infrastructure market. They provide turnkey solutions across Major Projects within rail and infrastructure, including design, engineering, project management, construction and maintenance solutions.

They are currently recruiting for a Cost Engineer (commercial, finance or accountancy), to join their established Commercial & Finance Team on a major infrastructure project in the West Midlands.

Cost Engineer roles and responsibilities :

• Working closely with the SQS / QS you will assist with the cost control of the Project, focusing on labour / plant / materials through tracking of orders and regular reconciliation of costs with budget
• Liaison with the finance team to ensure DPO (Days Payment Outstanding) remains within business tolerance.
• Proactive approach to closing out issues with invoice issues with suppliers, the Delivery Team and Finance
• Responsible for the accurate and timely cost collation, reconciliation and reporting of data from site records, time and allocation sheets.
• Collation, organisation and reconciliation of spreadsheet data and data from finance, cost and site record systems.
• Support the Project Commercial team as necessary in the preparation of cost reports, audit responses, evaluation of Sub-Contractor Applications & issuing of payment notices.
• Work closely with the Finance and project teams to ensure all processes are followed as required.
• Review of Purchase Order utilisation & notification to project teams of orders approaching or exceeding 100% utilisation.

Cost Engineer requirements :

• Degree Qualified in relevant field (Finance / Accountancy / Construction / Mathematics / Business)
• Member of Acoste / AACEI / ICEC or other professional body advantageous
• Minimum 2 years' experience as a Cost engineer with a proven track record on construction projects projects or five years' experience of Accountancy / Cost Clerk within construction.
• Working knowledge of finance systems, Cost and budget administration, Financial and commercial reporting.
• Good working knowledge of Microsoft Office and PowerBI.

Cost Engineer benefits :

• To join one of the leading construction and infrastructure contractors in the UK, with the opportunity to build and progress your career.
• Opportunity to work on a long-term major infrastructure project that will deliver substantial positive change to the West Midlands.
• Excellent benefits package and salary on offer.

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