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Cost engineer - energy

Warrington
Turner & Townsend
Cost engineer
Posted: 8 October
Offer description

Overview

Join to apply for the Cost Engineer - Energy role at Turner & Townsend.

Due to increased opportunities and demand in the Energy & Natural Resources division, the North West team are recruiting for Cost Engineers to join a diverse and supportive team during a period of significant growth. Our nuclear client is at the forefront of industry leading change, and we are keen to speak to like-minded individuals with cost engineering experience to see what Turner & Townsend can offer you. Candidates will be required to be present in our client office in Warrington for 3 days per week.


Main purpose of role

A Cost Engineer will be required to support the team and their senior cost engineers for work packages and projects of varying size and complexity. The cost engineer will drive the cost performance reporting for the project including all Earned Value Management metrics associated with key project commitments and expenditures. They play a key role in ensuring that client objectives are met and that projects are delivered to time and cost targets and the appropriate quality standards.


Key Accountabilities

* Development of project cost control data structures to accurately track and control actual costs
* Map and integrate cost estimates to the Work Breakdown Structure, to set the project budget against the correct Work Packages, Planning Packages and Control Accounts
* Establishing and setting the project control budget aligned with agreed baselines
* Tracking actual costs for internal and external expenditure against the cost control structures
* Tracking and control of project accruals and commitments against set budget constraints
* Adherence to NEC or FIDIC contract processes for management, control and reporting of cost data
* Build of project forecast including estimate to complete (ETC) and development of the estimate at completion (EAC)
* Accurate and timely reporting of all project information including Earned Value Management
* Tracking of project contingency and exposure associated with risk events and remaining risks
* Tracking of project change control to ensure alignment with baselines and control data structures
* Tracking of key project trends to inform future change controls
* Support the change process by providing cost information for change notes and underpin forecasts
* Work with the project team to set out and implement cost capture requirements, including ensuring appropriate Work Orders, structuring requisitions, aligning Purchase Order structure with Work Orders and ensuring subcontract data can monitor and control costs
* Monitor contingency requirements and liaise with Project Team regarding contingency management
* Quantify cost implications of emergent/additional project work and feed into relevant documentation such as change control documentation


Qualifications

You have professional Project Controls experience specialising in Cost Engineering/Control in one or more sectors across the whole Project lifecycle. While nuclear experience is desirable it is not an absolute requirement. You have excellent Excel skills and are conversant with cost management systems, including interfaces with corporate finance systems such as SAP and Oracle. You have experience in working to cost engineering procedures and processes, and the ability to define project cost procedures and standards which the project and/or programme will adhere to.


You Also

* Will be able to obtain BPSS level security clearance
* Are a member of a relevant professional body e.g., Association for Project Management, Project Management Institute
* Are familiar with different cost performance reporting and cost forecasting techniques
* Have good verbal and written communication skills
* Have good research and analytical skills
* Have stakeholder management experience
* Have experience of working within a Project Controls team
* Have a desire to work within the nuclear sector


Additional Information

Turner & Townsend is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. SOX control responsibilities may be part of this role, where applicable. SOX and recruitment policy reminders are provided for compliance purposes. Please find out more about us at www.turnerandtownsend.com

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