Practitioner Cost Engineer

Costain Group PLC; Tees Valley; On-site; GBP 80,000 - 100,000; Full time

Job summary

A growing consultancy team in Tees Valley is seeking a Cost Engineer to manage project costs, monitor risks, and provide analytical reports. The ideal candidate will have experience in cost management through various stages of the project lifecycle and proficiency in software tools such as Primavera. Strong MS Office skills are also required for preparing comprehensive reports.

Qualifications

• Experience in cost management at both pre and post contract phases.
• Ability to analyze and report on cost-related aspects of projects.
• Strong understanding of health and safety legislation.

Responsibilities

• Control, monitor, and report cost aspects for designated projects.
• Ensure understanding and management of all cost and contract transactions.
• Prepare reports to meet the project's needs.

Skills

Cost management

Project lifecycle knowledge

Risk and change status monitoring

MS Office proficiency

Finance software proficiency

Tools

Primavera

Job description

As a Cost Engineer, you are required to be commercially focused, confident in running your own project as well as working effectively within a team. You will be joining a growing consultancy team working on a variety of contracts within multiple sectors. You will be required to undertake short‑term or long‑term commissions to address a variety of customer needs. Candidates with a track record of cost management at pre and post contract; working on contracts through the development cycle to the delivery through the construction phase would be preferred. Click the link for the job description, responsibilities, and qualifications - PRJG07 - Cost Engineer.pdf

Responsibilities and Qualifications

• Control, monitor, analyse and report cost related aspects for designated projects within a portfolio.
• Ensure all cost and contract transactions on a project are understood and managed in an appropriate way.
• Continually monitor project risk and change status to maintain a current forecast.
• Liaise with project team members and contractors regarding progress and cost forecasting.
• Monitor, control and analyse the project cost information, identify variances, and bring these to the attention of the project manager with possible alternatives.
• Prepare specific reports to facilitate challenge and analysis to meet the project's specific needs.
• Challenge cost variances against the baseline plan with individual task leaders/contractors and/or outside stakeholder management as necessary to enable mitigation.
• Understand the inter‑relationship between time, cost and commercial aspects of the project life cycle.
• Experience across the whole project and programme lifecycle (engineering, procurement, construction, installation/commissioning processes).
• Proficient in the interpretation of earned value analysis.
• Excellent MS Office skills and well‑versed in the preparation of reports and information using Word, Excel and PowerPoint.
• Proficient in the use of finance and project software.
• Working knowledge of relevant health and safety legislation.

Desirable Qualifications

• Working knowledge of Primavera.