Overview
A Cost Engineer will be responsible for work packages and projects of varying size and complexity. They will lead 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 that provide our clients with accurate data to drive management decisions and ensure that client objectives are met and projects are delivered to time, cost targets and quality standards.
Responsibilities
* 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 Work Breakdown Structure to set the project budget against the correct Work Packages, Planning Packages and Control Accounts.
* Adherence to NEC or FIDIC contract processes for management, control and reporting of cost data.
* Lead the production of accruals to ensure that Actual Cost of Work Performed (ACWP) is accurately reflected in cost data.
* Support the change process by providing cost information for change notes and to underpin forecasts.
* Update project forecasts to ensure comprehensive and aligned Estimate To Complete (ETC).
* Work with the project team to set out and implement cost capture requirements, including ensuring appropriate work orders (WO) are in place, structuring requisitions, aligning Purchase Order (PO) structure with WOs and ensuring subcontract data can be used to monitor and control costs.
* Align Purchase Orders with CBS to provide clarity of Cost Performance Indices at an appropriate project level.
* Validate and interrogate supply chain data to assist in accurate cost forecasting and trending, understand variances, drive cost accuracy and timely reporting.
* Interact with Management/Leadership when delivering updates on Cost Control within a complex project/programme environment.
* Guide and influence while delivering cost control processes on complex projects/programmes along with associated processes and reports.
* Demonstrate leadership while developing the technical ability of the delivery and cost control team. SOX control responsibilities may be part of this role, where applicable.
Qualifications and Experience
You have professional Project Controls experience specializing in Cost Engineering/Control in one or more sectors across the whole Project lifecycle. While nuclear experience is desirable it is not a requirement. You have a detailed understanding of Earned Value Management (EVM), progress reporting, forecasting and performance reporting and analysis, and can coordinate with other teams using your multi-disciplinary knowledge. You will be a strong communicator, able to demonstrate leadership behaviours with the ability to influence, manage, motivate, coach and develop a team by fostering a diverse and inclusive environment. You promote empowerment and contribution and have a passion to build a community and support network beyond your delivery role. 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 experience leading Cost Control Assurance activities as part of project performance cadence.
* Understand how other aspects of Project Controls (Scheduling, Risk Management, Reporting, Change Control) interact with Cost Control.
* Have excellent verbal and written communication skills.
* Have the ability to make risk-based decisions where parameters are unclear and judgement is needed.
* Have strong leadership skills with the ability to mobilise, inspire and lead by example.
* Have strong stakeholder management experience.
* Can navigate through conflict situations and defuse tension.
* Have a desire to work within the nuclear sector.
Company context
At Turner & Townsend we are passionate about making a difference — delivering Sustainable Net Zero outcomes for our clients, helping our people realize their potential, and contributing to a prosperous society. We support growth in our Energy & Natural Resources division and recruit Cost Engineers to join a diverse and supportive team. Our Transmission and Distribution client is at the forefront of industry-leading change, and we seek like-minded individuals with senior cost engineering experience.
Our inspired people share our vision and mission. We provide a great place to work, where each person has opportunity and voice to affect change. We promote a healthy, productive and flexible working environment that respects work-life balance. 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.
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