Senior Cost Engineer

EDF Energy Limited; Scotland; On-site; GBP 70,000 - 110,000; Full time

Job summary

EDF HPC is seeking a Senior Cost Engineer to lead cost and forecasting activities for a major project in the UK. You will ensure data integrity, produce timely forecasts, and provide insightful commentary to drive informed decision-making.

The role requires high collaboration across disciplines and strong leadership across teams. The position offers opportunities to influence project objectives, work with executive stakeholders, and contribute to critical readiness for delivery within a

Qualifications

• Able to deliver accurate and concise cost and forecasting insights to influence project decisions.
• Understanding and integration of cost forecasting with schedule, risk and change.
• Experience in senior-level influencing with multiple stakeholders.

Responsibilities

• Lead cost and forecasting management for the Programme/Area within the Project.
• Maintain cost/forecast data aligned with CBS/WBS using systems like EcoSys and SAP.
• Prepare and present cost/forecasting outputs with clear commentary on drivers.
• Challen ge uncertainties to support prioritisation and decision making.
• Collaborate across teams to deliver high-quality project controls information.

Skills

Cost forecasting

Stakeholder management

Analytical thinking

Communication skills

Project controls

Leadership

Education

HND or equivalent in project management, project controls, engineering

Tools

EcoSys

SAP

PowerBI

Job description

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Contract Partner Company: Mactech Engineering & Inspection

Employing Company: EDF HPC

The HPC Jobs Service supports local people into exciting, long-term careers across our Project.

Principal Accountabilities

• The Senior Cost Engineer will be the face of Cost and Forecasting management in their nominated Programme/Area in the Project, bringing confidence to stakeholders that they are performing the right steps to identify, analyse, respond to and manage their Cost and Forecasting outputs.
• Produce and maintain accurate cost and forecasting in alignment with the Cost Breakdown Structure or Work Breakdown Structure (CBS/WBS);
• Act as a role model for the effective collaboration with colleagues within and across organisational boundaries to achieve mutually successful outcomes in keeping with the HPC project values of "Humility, Positivity, Respect, Solidarity and Clarity" and culture of "Trust, Transparency and Teamwork"
• Providing assurance of the maintenance of all Cost and Forecasting data for the Programme/Area within the Cost and Forecasting software system e.g. EcoSys, SAP
• Assurance of the delivery of Cost and Forecasting reports to a defined reporting cycle, including commentary on key timerelated drivers and performance issues ensuring the quality of the output
• The Senior Cost Engineer will support the Programme/Area Directors implement Cost and Forecasting management by:
• Reviewing and challenging the significant issues that may impact programme objectives
• Supporting issue and opportunities reviews and workshops and specialist Cost and Forecasting focussed sessions (i.e. scenario planning).
• Analysis of Cost and Forecasting data and the connection of this data across the Project, in conjunction with the project controls managers and risk leads.
• Challenging the uncertainties of Cost and Forecasting data over time to allow prioritisation and decision making.
• Ensuring a comprehensive Cost and Forecasting portfolio is maintained and reflective of the current project position.
• Working with colleagues in IPC to ensure that the Project schedule and cost estimates are informed by high quality risk information (at delivery and portfolio levels).
• Work with the PCM's to support the programme/area teams and where appropriate Tier 1 Contractors to assess contractor heldCost and Forecasting data and their views on Programme-held risks and opportunities that impact upon them.
• Identify enhancements to integrated Cost and Forecasting management procedure, process, reporting and tools.
• Accountable for the production and presentation of accurate, insightful project controls information at the Programme Reviews and Board Meetings, ROTCs, Portfolio Risk Review as required.
• Responsible for the management and verification of information within the PowerBI dashboards and providing proposals for improvement from the Programme/Area teams.
• Lead Cost and Forecasting management and Cost and Forecasting software specific training to the Programme/Area team, PM community and apprentices and provide recommendations of additional training requirements, or improvements to existing training.
• Effective collaboration, leadership and management of colleagues within and across organisational boundaries to achieve mutually successful outcomes.

Knowledge, Skills, Qualifications & Experience

Knowledge & Skills

• Able to deliver accurate and concise Cost and Forecasting insights to drive evidence-based decision making, utilising commercial and technical information, to influence project decisions and support the management of risks/opportunities.
• Understanding and/or practical experience of wider project controls disciplines enabling Cost and Forecasting management to be integrated with schedule, risk and change, and provide assurance that Cost and Forecasting reporting and outputs of Cost and Forecasting analysis aligns with other project data.
• Understands how the impact of changes/decisions may impact the programme/area delivery.
• Excellent analytical, critical thinking and problem-solving skills.
• Proven ability to facilitate Cost and Forecasting conversations with colleagues at all levels, including Executive and Director leadership.
• Effectively communicates complex issues and concepts (unique insights) in simple ways, to both technical and non-technical senior audiences.
• Strong organisational and time management skills, with the ability to prioritise and delegate tasks to other team members.
• Possesses high work standards and sets ambitious, yet attainable goals. Constantly drives to streamline and simplify to deliver business value.
• Ability to effectively collaborate with colleagues within and across organisational boundaries to achieve mutually successful outcomes.
• Ability to assure the quality of others work supporting them in developing to effectively deliver outputs.
• Ability to expertly use and guide others in the use of Cost and Forecasting management software;
• Ability to draw from best practice across industry to implement changes for improved performance.
• May have experience in line management, coaching and career development of junior members of teams.

Qualifications & Experience

• Minimum of HND or equivalent qualification in project management, project controls, engineering, or another related field
• Cost and Forecasting Specific Qualifications or equivalent
• Experience in a Project Management environment
• At least ten years senior level experience in a Cost and Forecasting team in a complex, highly regulated industry (ideally nuclear or energy) working in a role, which requires active integration management and senior level influencing with multiple stakeholders.
• Demonstrable experience of working as an expert in a project controls discipline.
• Expert knowledge of Cost and Forecasting including the tools, and a variety of techniques used to deliver project insight and assess performance
• Experience of working on a major construction project is desirable but not necessary
• Experience of working in the Nuclear Industry or other highly regulated industry is desirable but not necessary

For this role you must have evidence of right to work in the UK. As a project, we do not discriminate on the grounds of age, gender, race, colour, religion, disability or sexual orientation, and we welcome applications from all sections of the community.

Why Join Us?

For more than 60 years, nuclear power stations in the UK have been quietly keeping Britain fuelled with massive amounts of home-grown energy.

Our teams up and down the country are proudly continuing to serve the nation – but they also have an eye on the future.

EDF is leading the UK's nuclear renaissance with the construction of a new nuclear power station at Hinkley Point C and plans for a new power station at Sizewell C in Suffolk.

Nuclear power is the most reliable, low-carbon energy source currently available to the UK. EDF is playing a key role in the development of nuclear sites, while Hinkley Point C will provide low-carbon electricity to meet 7% of the UK demand. The project is already making a positive impact on the local and national economy as well as boosting skills and education.

We’re not just building new nuclear power stations. We’re developing careers, upskilling generations and creating thousands of employment and apprenticeship opportunities across a variety of skills areas.

It takes a special kind of person to work in the nuclear energy industry and although we have thousands of them there’s always a need for more.

Our industry has a mind-boggling range of opportunities and more jobs, and in more places, than you might think. But it’s also an industry which is changing.

We’re a responsible business and proud to be Britain’s biggest generator of zero carbon electricity. With size, age and experience, we believe we can do even more.