Senior Cost Engineer - Industrialisation

Rolls-Royce SMR Limited; East Midlands; Hybrid; GBP 51,000 - 67,000; Full time

Benefits offered by this job

Bonus up to 12.5%

Benefits Allowance £2,200

Pension 12% employer contribution

Holidays 28 days + public holidays

Private Medical Insurance - BUPA

Life Assurance - 6x pensionable pay

Home office purchase assistance

Job summary

Rolls-Royce SMR Ltd in the United Kingdom is seeking a Senior Cost Engineer to lead cost management for industrialisation. The role reports to a Cost Manager or Project Controls Manager and sits within the Project Management Office.

The position offers hybrid working options with Derby, Manchester or Warrington as potential locations. You will drive cost baselines, forecasts and performance reporting, align cost to scope and schedule, and provide insightful cost analytics for senior

Qualifications

• Develop and maintain cost baselines, forecasts and performance reporting.
• Align scope, schedule and cost to support programme delivery.
• Provide cost insights through variance analysis and risk assessment.
• Mentor colleagues and drive continuous improvement across project controls.

Responsibilities

• Leading the development and maintenance of cost baselines, forecasts and performance reporting.
• Driving alignment between scope, schedule and cost to support successful programme delivery.
• Providing strategic cost insight through variance analysis, risk assessment and scenario modelling.
• Enhancing cost systems, mentoring colleagues and championing continuous improvement across project controls.

Skills

Cost engineering

Forecasting

Earned value management

Cost risk analysis

Stakeholder influence

Cross-functional collaboration

Education

Engineering or related degree

Tools

EcoSys

SAP

Oracle Primavera

Job description

Senior Cost Engineer – industrialisation

Location: Derby, Manchester or Warrington (Hybrid) Salary: £50,600.00 - £66,500.00

Our mission is to deliver clean, affordable energy for all through the development of world-leading Small Modular Reactor technology. At Rolls‑Royce SMR, we're creating a British energy solution with global impact, helping accelerate the transition to low‑carbon power generation. The Project Management Office sits at the heart of programme delivery, providing the governance, insight and controls needed to deliver one of the UK's most ambitious clean energy programmes. The team combines innovation, collaboration and technical excellence to support informed decision‑making across the business. We're looking for a Senior Cost Engineer to join our Project Management Office, reporting to a Cost Manager or Project Controls Manager.

Leading cost management activities across high‑value work packages and supporting a small team of cost professionals, you'll play a pivotal role in ensuring robust forecasting, effective risk management and trusted cost intelligence for senior stakeholders. We'll need you to:

• Leading the development and maintenance of cost baselines, forecasts and performance reporting
• Driving alignment between scope, schedule and cost to support successful programme delivery
• Providing strategic cost insight through variance analysis, risk assessment and scenario modelling
• Enhancing cost systems, mentoring colleagues and championing continuous improvement across project controls

We'll ask you about your experience of developing robust cost control frameworks, managing project cost performance, and turning data into meaningful business insight that supports decision‑making.

We're particularly interested in:

• A degree in Engineering, Quantity Surveying, Project Controls, Finance or a related discipline, alongside professional accreditation or progress towards chartership with organisations such as RICS, ICE, PMI or CICES
• Strong expertise in cost engineering, including forecasting, earned value management and cost risk analysis within complex capital projects or infrastructure programmes
• Experience using cost and project controls systems such as EcoSys, SAP, Oracle Primavera or similar platforms
• The ability to build trusted relationships, influence stakeholders and lead cross‑functional collaboration across programme, engineering and commercial teams

What’s in It for You We anticipate paying a salary of between £50,600.00 - £66,500.00, plus:-

• Bonus - Performance related bonus of up to 12.5%
• Benefits Allowance – £2,200, enabling you to create a bespoke package
• Pension - 12% employer and 6% employee contributions.
• Holidays - 28 days holiday (+ public holidays) and the ability to buy or sell up to 4 days
• Private Medical Insurance - BUPA single cover health care
• Life Assurance - 6x pensionable pay £250 - One-off payment for new starters for home office purchases
• Pay Range: £50,600.00 - £66,465.00

Why Join Us? You’ll be joining a forward-thinking organisation that values transparency, fairness, and innovation. We offer:

• A flexible, inclusive, and supportive working environment.
• Opportunities for career growth in a rapidly scaling business.
• A culture that values diversity, innovation, and continuous learning.

We are an equal opportunities employer and welcome applications from all backgrounds. Inclusivity is important to us, and as a Disability Confident organisation, we are committed to fair, supportive, and continually improving recruitment practices that ensure everyone has the opportunity to thrive.

Confidence can sometimes hold us back from applying for a job. But we'll let you in on a secret: there's no such thing as a 'perfect' candidate. If you feel you meet 75% of the requirements for this role, we would love to hear from you. Also, if you are considering a career move or a sector-jump, please get in touch – we welcome applications from people with transferable skills.

Rolls‑Royce SMR is a radically different approach to proven nuclear technology. Each Rolls‑Royce SMR power station will generate 470MW of low‑carbon energy - equivalent to more than 150 onshore wind turbines and enough to power a million homes for over 60 years. With its Rolls‑Royce SMRs will play a vital role in supporting renewable energy by helping to overcome intermittency and ensure a stable, sustainable energy future. We’re proud to be one of the few employers that can genuinely say we’re a strengths‑based organisation. Our people are here because of what makes them exceptional - and our role is to help them make the most meaningful contribution of their careers, doing work they love. We offer opportunities that go beyond traditional career paths. At Rolls‑Royce SMR you can develop your career by exploring roles and challenges that align with your unique talents.

Our Team | Rolls‑Royce SMR

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