Cost Engineer
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. Due to the nature of the programme of works, work packages may vary in size with Cost Engineers working across smaller projects or one which could be significantly larger in value. A Cost Engineer will be responsible for the delivery of accurate and timely project information relating to performance against the project baseline. The cost engineer would 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, in order 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
* The tracking of actual costs both for internal and external expenditure against the cost controls structures
* The 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
* The build of project forecast to include ETC and the development of the estimate at completion (EAC)
* The accurate and timely reporting of all project information including Earned Value Management
* The tracking of project contingency and exposure associated with risk events and remaining risks on the project
* The tracking of project change control to ensure alignment with agreed baselines and control data structures
* The tracking of key project trends which can inform future change controls
* Support the change process by providing cost information for change notes and to underpin forecasts.
* Work with the project team to set out and implement cost capture requirements, ensuring appropriate Work Orders (WO) are in place, structuring requisitions, aligning Purchase Order (PO) structure with WOs and ensuring subcontract data provided can be used to 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 where requested (e.g. 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 for the interface 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.
* 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
Our inspired people share our vision and mission. We provide a great place to work, where each person has the opportunity and voice to affect change.
We want our people to succeed both in work and life. To support this 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.
SOX control responsibilities may be part of this role, which are to be adhered to where applicable.
Seniority level
Executive
Employment type
Full‑time
Job function
Consulting
Industries
Construction, Civil Engineering, and Business Consulting and Services
Please find out more about us at www.turnerandtownsend.com/
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