Junior Cost Engineer: Budgets, Forecasts & Reporting

Ansaldo Nuclear Limited; Wolverhampton; On-site; GBP 30,000 - 40,000; Full time

Benefits offered by this job

Job summary

Ansaldo Nuclear Limited is seeking a Junior Cost Engineer to implement, administer and maintain cost control systems for tracking project budgets, scope delivery, expenditures and forecasts.

The role involves monthly updates of expenditures, forecast reviews with project managers, and close collaboration with finance to ensure accurate reporting and timely invoicing. Knowledge of Excel, data analysis and project controls is beneficial.

Qualifications

• Bachelor’s degree required with analytical capability and attention to detail.
• Strong numerical and data interpretation skills required.
• Experience with budgets, forecasts, and cost control processes preferred.
• Ability to communicate with stakeholders at all levels and manage multiple priorities.
• Experience with project controls and cost reporting is advantageous.

Responsibilities

• Monthly update of actual expenditures and allocation to projects and WBS codes.
• Hold monthly forecast reviews with PMs and budget holders to ensure accuracy and realism.
• Challenge variances to understand root causes and implications for the project.
• Produce timely internal and external reports on cost performance and forecasts.
• Manage budget for contract variations and support commercial with quotations.
• Prepare detailed payment applications for client submission where applicable.
• Serve as main point of contact for client audits and forecast/cost queries.
• Assist with monthly invoicing, cash forecasting, and variance explanations.
• Collaborate with finance to resolve reporting queries and support financial closure.
• Support company-wide reporting and Value of Work Done assessments on live outsourced work.

Skills

Analytical thinking

Attention to detail

Time management

Communication

Problem solving

Team collaboration

Budget control

Forecasting

Education

Bachelor’s degree

Tools

Excel

VBA

SQL

Primavera P6

SAP S/4Hana

Job description

Ansaldo Nuclear Limited is seeking a Junior Cost Engineer to implement, administer and maintain cost control systems for tracking project budgets, scope delivery, expenditures and forecasts.

The role involves monthly updates of expenditures, forecast reviews with project managers, and close collaboration with finance to ensure accurate reporting and timely invoicing. Knowledge of Excel, data analysis and project controls is beneficial.