Job Description
The Cost Engineer plays a critical role in ensuring effective cost management and financial control across a major nuclear project. Operating within a highly regulated and safety-critical environment, the role supports robust planning, forecasting, and reporting to ensure project delivery within approved budgets while maintaining compliance with strict governance, regulatory, and quality standards.
Key Responsibilities
Develop, implement, and maintain cost control frameworks aligned with nuclear industry standards and regulatory requirements.
Prepare detailed project budgets, cost forecasts, and cash flow projections across multiple work packages.
Monitor actual costs against approved baselines, identifying trends, variances, and potential risks to cost performance.
Deliver accurate, timely, and transparent cost reports to senior stakeholders and governance bodies.
Support change control processes, including evaluation of cost impacts associated with design changes, regulatory requirements, and scope evolution.
Collaborate closely with planning, engineering, procurement, and commercial teams to ensure alignment between cost, schedule, and technical scope.
Perform cost risk and uncertainty analysis, including scenario modelling and contingency assessments.
Review contractor estimates, compensation events, and applications for payment in line with contract requirements.
Ensure adherence to nuclear quality assurance standards, audit requirements, and financial governance processes.
Contribute to value engineering and cost optimisation initiatives while maintaining safety and compliance as top priorities.Key Skills & Experience
Demonstrable experience in cost engineering or project controls within nuclear, energy, or other highly regulated infrastructure sectors.
Strong understanding of cost management techniques, including budgeting, forecasting, and earned value management (EVM).
Familiarity with nuclear project lifecycle phases, including design, licensing, construction, and commissioning.
Experience working within regulated environments with strict change control and quality assurance processes.
Proficiency in cost management systems and tools (e.g., Excel, SAP, Primavera P6, or equivalent).
Strong analytical capability with high attention to detail and data accuracy.
Ability to communicate complex cost information clearly to both technical and non-technical stakeholders.
Additional Information
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