Cost Engineer - Project Controls - Energy Projects
* Full-time
* Department: Energy and natural resources
Main Purpose of Role
A Cost Engineer will be responsible for work packages and projects of varying size and complexity. They will take the lead on cost control for multiple non‑related projects or a single highly complex project within the programme of works, managing relationships between time, cost, risk, change, reporting and scope. They are accountable for creating and maintaining robust cost controls and reports to provide our clients with accurate data to drive management decisions and ensure projects meet time, cost and quality targets.
Key Accountabilities
* Tailor Cost Control approaches to meet the client’s needs and align with best practice.
* Implement, administer, and maintain cost control systems and procedures to track project budgets, commitments, expenditures, and forecasts.
* Work with the Integrated Project Team to establish a robust, integrated, well‑structured, accurate Performance Measurement Baseline (PMB) and support the change control process.
* Develop project Cost Breakdown Structures (CBS) and align the time phasing of budgets against the Work Breakdown Structures (WBS) to accurately track and control actual costs.
* Map and integrate cost estimates to the WBS, setting the project budget against the correct Work Packages, Planning Packages and Control Accounts.
* Adhere to NEC or FIDIC contract processes for management, control and reporting of cost data.
* Lead the production of accruals to ensure that the Actual Cost of Work Performed (ACWP) is accurately reflected in a timely manner in the cost data.
* Support the change process by providing cost information for change notes and underpinning forecasts.
* Update project forecasts to ensure comprehensive and aligned Estimate To Complete (ETC).
* Work with the project team to implement cost capture requirements, ensuring appropriate work orders (WO), requisition structure, and alignment of Purchase Order (PO) structure with WOs; provide sub‑contract data for monitoring and control.
* Align Purchase Orders with CBS to provide clarity of Cost Performance Indices at an appropriate level within the Project.
* Validate and interrogate supply chain data to assist in accurate cost forecasting and trending; work with the supply chain to understand variances, drive cost accuracy and produce timely reporting.
* Interact with Management / Leadership members when delivering updates on Cost Control within a complex project/programme environment.
* Guide and influence cost control processes on complex projects/programmes along with all associated processes & reports.
* Demonstrate leadership while developing the technical ability of the delivery and cost control team.
Qualifications & Experience
* Professional Project Controls experience specialising in Cost Engineering/Control across the full project lifecycle.
* Detailed understanding of Earned Value Management (EVM), progress reporting, forecasting, performance reporting and analysis.
* Strong communication skills; able to influence, manage, motivate, coach and develop a team in a diverse and inclusive environment.
* Experience leading Cost Control Assurance activities as part of project performance cadence.
* Knowledge of different cost performance reporting and cost forecasting techniques.
* Understanding of how other aspects of Project Controls (Scheduling, Risk Management, Reporting, Change Control) interact with Cost Control.
* Strong leadership skills with the ability to mobilise, inspire and lead by example.
* Strong stakeholder management experience; able to navigate through conflict situations and defuse tension.
* Desire to work within the nuclear sector (nuclear experience desirable but not mandatory).
Additional Requirements
* Will be able to obtain BPSS level security clearance.
* Member of a relevant professional body (e.g., Association for Project Management, Project Management Institute).
SoX Control Responsibilities
SOX control responsibilities may be part of this role, which are to be adhered to where applicable.
Equal Opportunity Employer
Turner & Townsend is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees and actively encourage applications from all sectors of the community.
#J-18808-Ljbffr