Cost Engineer

Ansaldo Nuclear Limited; Wolverhampton; On-site; GBP 45,000 - 65,000; Full time

Benefits offered by this job

Competitive salary

Employee benefits

Job summary

Ansaldo Nuclear Limited in the United Kingdom is seeking a competent Cost Engineer/Project Accountant to implement, administer and maintain a cost control system across multiple projects. You will track budgets, scope delivery, expenditures and forecasts while ensuring alignment with approved budgets.

Responsibilities include monthly expenditure updates, forecast reviews, producing reports for internal and client use, handling contract variation budgets and payments, and acting as the primary

Qualifications

• Bachelor's degree required with strong cost control knowledge.
• At least 3 years as Cost Engineer or Project Accountant.
• Advanced MS Excel skills and data analysis.
• Ability to produce high-quality reports for internal and client use.
• Understanding of contracts, commercial and risk management.
• Analytical mindset with strong communication across levels of the organisation.
• Excellent prioritisation and time management.
• Attention to detail with a hands-on approach.
• Strong problem solving and client-facing skills.
• Friendly, proactive team player.

Responsibilities

• Monthly update of actual expenditures and proper allocation to projects and WBS codes.
• Lead monthly forecast reviews with PMs and budget holders.
• Challenge variances and explain underlying causes and implications.
• Produce timely internal and external reports.
• Manage budget for contract variations and assist with quotations.
• Prepare payment applications for client submission where applicable.
• Serve as main contact for client audits and forecast queries.
• Monthly invoicing, cash forecasting and variance explanations.
• Collaborate with finance to resolve reporting queries.
• Support company-level reporting and analysis.

Skills

Cost control

Budgeting

Forecasting

Data analysis

Reporting

Contract risk management

Attention to detail

Education

Bachelor's degree

Tools

VBA

SQL

Primavera P6

SAP S/4Hana

Job description

Competitive Salary and Employee Benefits

UK Security Clearance and Advanced Excel Skills required for this role

Role Purpose

Implement, administer and maintain cost control system, with particular focus on procedures to track project budgets, scope delivery, expenditures and forecasts

Key Activities (not exhaustive)

• Monthly update of actual expenditures, ensuring they are all validated and allocated to the correct projects and WBS codes
• Hold formal forecast reviews on a monthly basis with PM and key project budget holders, ensuring values and monthly phasing of forecasts are accurate, realistic and within approved budgets
• Challenge budget holders on variances applying a level of professional approach, in order to understand the underlying causes and implications for the project and the business.
• Production of timely and accurate internal and external reports
• Managing the budget for the contract variations, assisting the commercial function with the production of quotations
• Where applicable, produce detailed payment applications for submission to the client
• Main point of contact for client audits and general queries on forecasts, applications, and reported costs
• Monthly invoicing, cash forecasting, and explanation for variances
• Close working with finance to deal with queries for reporting

Other activities:

• Support Company level reporting and analysis
• Assist with Value of Work Done assessments on all live outsourced work, with a particular emphasis on major subcontracts
• Identifying areas of further efficiency in the business processes and driving improvements
• Supporting colleagues on other projects where needed

Essential role related knowledge, technical skills, qualifications and experience

• Bachelor's degree qualified
• 3 years of experience as a Cost Engineer or Project Accountant
• Advanced MS Excel skills and Data Analysis
• Ability to produce high-quality reports
• Understanding of commercial and risk management aspects of contracts
• Analytical, questioning mind, with the ability to confidently engage in dialogue with people at all levels of the organisation
• Ability to prioritise, demonstrating first class organisational and time management skills
• Attention to detail, and ability to master the details accurately with a hands-on approach
• Strength in problem solving and investigate/resolve queries
• A friendly and approachable style
• An upbeat, positive attitude that brings energy to the team

Helpful, but not essential:

• Programming experience (VBA, SQL or other common language)
• Knowledge of Primavera P6
• Knowledge of SAP S/4Hana