Job Title: Cost Engineer Department: Estimating Location: Bridgend, Wales Reports To: Estimating Manager Company: [Confidential – Leading Manufacturer in the Built Environment Sector] Role Purpose The Cost Engineer is responsible for ensuring the accuracy and integrity of cost data across complex products and projects.
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This role plays a vital part in supporting the Estimating team, developing robust costing tools, driving process improvement, and providing insights that support strategic commercial decisions.
Key Responsibilities Costing & Estimating Support (40%) Provide accurate cost calculations for complex products and projects at tender stage.
Collaborate with Estimators and other departments to ensure comprehensive costing coverage.
Costing Tools & Process Improvement (10%) Develop and enhance costing tools to streamline or automate cost calculation processes.
Cost Auditing & Variance Analysis (15%) Conduct weekly cost audits and perform variance analysis to drive cost accuracy improvements.
Identify trends, anomalies, and improvement opportunities.
Reporting & Decision Support (5%) Create and maintain cost reports to support commercial and strategic business decisions.
Model Development & Standard Costing (10%) Improve cost models using data insights.
Own and maintain the standard costing process for products and services.
Skills & Experience Essential Proven experience in a similar cost engineering, estimating, or commercial finance role.
Strong commercial awareness with a solid understanding of manufacturing processes.
Demonstrated ability in data analysis and cost modelling.
Familiarity with risk assessment and complex bids.
Proficient in Microsoft Office, especially Excel.
Excellent communication skills (verbal and written).
Strong analytical, critical thinking, and problem-solving skills.
Highly organised, detail-oriented, and able to manage conflicting priorities.
Desirable Experience in process improvement initiatives.
Background in construction, manufacturing, or engineered product environments.
Additional Responsibilities Comply with all environmental, health, and safety policies and practices.
Support continuous improvement initiatives related to sustainability and waste reduction.
Ensure compliance with internal systems, quality standards, and regulations.
Participate in training, administrative tasks, and cross-functional projects as required.
Undertake business travel when necessary.
Act in alignment with the company’s core values.
Seniority Level Mid-Senior level Industry Manufacturing Construction Design Services Employment Type Full-time Job Functions Engineering Accounting/Auditing Skills Microsoft Excel Costings Cost Models Microsoft Office Cost Planning Cost Management Job Estimating Job Costing Project Estimation Product Costing Cost Accounting Cost