Overview
Cost Engineer Long-Term Contract (Until February 2027)
* Rate: £55.60 per hour
* Working hours: 4 days per week (37.5 hours total)
* Hybrid working: 2 days based in Hunterson office, 2 days remote
* Location: Chapelcross Power Station, Annan DG12 6RF
Our client is a leading engineering consultancy that provides services to the nuclear sector.
As a Cost Engineer, you ll provide comprehensive cost management support including cost forecasting, performance analysis, change control, and post-contract cost activities ensuring projects are delivered on time, on budget, and to the highest standard.
Key Responsibilities
* Report to the Project Manager for service delivery and to the Function Lead for functional standards.
* Participate in project reviews, audits, and self-assessments to maintain compliance.
* Prepare and manage project change controls and baseline management.
* Establish and implement effective cost capture, coding, and reporting structures (Work Orders, POs, CBS).
* Align project controls with contractual obligations, driving improvements where needed.
* Manage time bookings, charge codes, and resource tracking for accurate cost allocation and forecasting.
* Track manpower productivity and provide actionable insights to project leadership.
* Conduct post-contract cost management activities including payment certifications, Compensation Events (CE), and contract close-out.
* Validate and analyse supply chain cost data to support accurate forecasting.
* Prepare and maintain ETC, ACWP, and CPI reports.
* Support Value Engineering studies and cost efficiency initiatives.
* Prepare and maintain Baseline Change Proposals (BCP), sanction proposals, and Basis of Estimate (BoE) documentation.
* Participate in cost studies and benchmarking exercises.
* Contribute to continuous improvement through knowledge sharing, mentoring, and training within the project controls team.
Education / Qualifications
* Relevant professional qualification (e.g. ACMA, ACostE Incorporated, or equivalent experience)
* Membership of a relevant professional body (e.g. ACostE, AACE, RICS)
Experience / Knowledge
* Significant experience in a project-based environment
* Strong background in cost engineering, management accounting, or cost management
* Demonstrable knowledge of Earned Value Management (EVM) and reporting techniques
* Experience with post-contract administration (NEC, ICE, JCT, FIDIC)
* Solid understanding of risk management, cost/schedule integration, and performance analysis
* Skilled in identifying, analysing, and solving complex project cost challenges
Please note, all candidates will gain BPSS Clearance prior to starting.
For more information, please contact Scarlet Wilson.
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