Senior Cost Engineer

Costain; Stockton-on-Tees; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading company in infrastructure solutions seeks a Senior Cost Engineer for a significant Energy project in Teesside. The role involves cost control, forecasting, and providing insights into project performance while collaborating with various teams. The successful candidate will demonstrate strong analytical skills and a relevant degree, contributing to the project's financial success.

Qualifications

• Experience in a similar role on a complex project, ideally in Energy.
• High level of numeracy and excellent analytical skills.
• Experience across the whole project lifecycle.

Responsibilities

• Monitor and control project cost information and report variances.
• Provide insights on trends for management intervention.
• Support change management and incorporate changes into project artefacts.

Skills

Excel

Cost control

Forecasting

Earned value management

Analytical skills

Effective communication

Education

Degree/HNC/HND in quantity surveying or construction/engineering

Tools

Business Intelligence Software (e.g., Power BI)

Job description

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Job Description

Due to ongoing project growth and the position of Senior Cost Engineer is required on a landmark Energy project in Teesside

As the Senior Cost Engineer you will work within the project controls team and be responsible for cost control and forecasting. You will have a central role in the application for payment, earned value management and weekly and monthly reporting. Providing insight into variances between planned and actual costs and recommendations for mitigations. You will use your knowledge and experience to support the most efficient and effective delivery of the project.

The role is based in Teesside with a requirement to be on site as a minimum 3 days a week.

Responsibilities

• 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.

• Collate, check and provide Costain staff costs to the commercial team for the application for payment

• Provide actual costs versus planned for CPI calculation

• Provide weekly and monthly cost and hours reporting, planned, actuals and forecasting

• Ensuring the basis of Estimates at Completion (EAC) is predicted using industry recognised approaches, including but not limited to, the latest resourced schedule and EVM productivity as to ensure accurate, reliable and consistent forecasting;

• Provide insights on variances and trends for management intervention

• Coach/support junior members of the team.

• Ensure the necessary cost management interface is in place with Finance and commercial and ensure regular communications.

• Support change Management and the incorporation of change into the relevant Cost Management project artefacts.

• Support to the management of contingency.

• Review labour bookings and cost allocation in line with agreed project cost allocation principles

Qualifications

• Degree/HNC/HND ideally in quantity surveying or construction / engineering related discipline or relevant experience.
• Experience in a similar role on a complex project- ideally Energy
• Able to demonstrate expertise of Excel and should have had exposure to various bespoke cost management software systems

• Control, monitor, analyse and report cost related aspects for designated projects within a Portfolio.

• Earned value management

• Cost control and forecasting

• Project reporting

• Effective communication within team and with stakeholders.

• High level of numeracy and excellent analytical skills.

• Breadth of experience across whole project lifecycle (Engineering, Procurement, Construction, Installation/Commissioning processes).

• Experience with Business Intelligence Software (such as Power BI) preferred but not essential.

About Us

Costain helps to improve people's lives with integrated, leading edge, smart infrastructure solutions across the UK's energy, water, transportation and defence markets. We help our clients improve their business performance by increasing capacity, improving customer service, safeguarding security, enhancing resilience, decarbonising and delivering increased efficiency. Our vision is to be the UK's leading smart infrastructure solutions company. We will achieve this by focusing on blue chip clients whose major spending plans are underpinned by strategic national needs, regulatory commitments, legislation or essential performance requirements. We offer our clients leading edge solutions that are digitally optimised through the following five services which cover the whole lifecycle of their assets: future-shaping strategic consultancy; consultancy and advisory; digital technology solutions; asset optimisation and complex programme delivery. Our culture and values underpin everything we do.

Costain appreciate the time and effort taken when applying for one of our positions but, due to the high volume of responses, we are unable to provide individual feedback on candidates at application phase.

We do share individual feedback following an interview.

A Disability Confident employer will generally offer an interview to any applicant that disclose they have a disability and meets the minimum criteria for the job as defined by the employer.

It is important to note that in certain recruitment situations such as high-volume, seasonal and high-peak times, the employer may wish to limit the overall numbers of interviews offered to both disabled people and non-disabled people.

For more details please go to the Disability Confident website:
https://www.gov.uk/government/collections/disability-confident-campaign

About the Team

Advisory is a core part of Costain's strategy to broaden our mix of services and grow margin performance. We work with clients on multiple strategic fronts to understand, articulate and provide solutions for their most complex challenges and to facilitate further growth in multiple areas.

Our vision is to be recognised as a leading infrastructure consultancy who transform client capabilities and help them achieve enhanced value for money.

This is a key part of Costain achieving its mission to shape, create and deliver pioneering solutions that transform the performance of the infrastructure ecosystem.