Role Overview
We are seeking a detail-oriented Cost Engineer to support project cost management activities across a range of complex projects. The successful candidate will play a key role in budget preparation, cost forecasting, performance analysis, and financial reporting, helping project teams maintain effective cost control throughout the project lifecycle.
Key Responsibilities
* Support the preparation, monitoring, and control of project budgets and forecasts.
* Assist with the implementation and management of change control processes.
* Ensure compliance with established procedures, processes, and systems to maintain the quality and consistency of project cost data.
* Monitor project expenditure and performance, including accrual management where required.
* Contribute to the production of cost reports, highlighting trends, risks, opportunities, and early warnings.
* Support Schedule Performance Index (SPI) and Cost Performance Index (CPI) variance analysis, including root cause investigations and recovery planning.
* Assist in the development and maintenance of Project Cost Breakdown Structures (CBS).
* Support the preparation of cost studies and benchmarking exercises using historical and project data.
* Analyse project cost and performance trends to provide meaningful insights and recommendations to project management teams.
* Review resource utilisation, manpower productivity, and project time bookings against planned allocations.
* Identify resource constraints and support recommendations to optimise project performance.
* Provide accurate and timely cost information to support project decision-making and reporting requirements.
* Undertake additional cost engineering and project controls activities as required.
Key Requirements
* Experience in a Cost Engineering, Cost Control, Project Controls, or related project support role.
* Strong analytical and numerical skills with excellent attention to detail.
* Experience working with project budgets, forecasting, cost reporting, and performance analysis.
* Understanding of earned value management principles, including SPI and CPI analysis.
* Proficient in Microsoft Excel and project cost management systems.
* Ability to interpret complex data and present findings clearly to stakeholders.
* Strong organisational skills with the ability to manage multiple priorities and meet reporting deadlines.
* Effective communication and stakeholder engagement skills.
Personal Attributes
* Highly organised and detail-focused.
* Proactive approach to problem-solving and continuous improvement.
* Strong team player with the ability to collaborate across project teams.
* Committed to maintaining high standards of safety, quality, security, and environmental compliance.
Desirable
* Experience within engineering, construction, infrastructure, defence, energy, or major project environments.
* Knowledge of project controls methodologies and earned value management techniques.
* Familiarity with cost management, planning, or enterprise resource planning (ERP) systems.