Role: Project Cost Engineer
Clearance: Active SC Clearance (mandatory)
Primary Location: Bristol
Secondary Location: Andover
Key Responsibilities
* Cost Estimation and Planning:
* Develop and maintain detailed cost estimates for all phases of digital transformation projects.
* Collaborate with project managers, engineers, and stakeholders to establish realistic budgets.
Budget Management:
* Monitor project budgets and expenditures, ensuring alignment with financial objectives.
* Prepare cost forecasts and provide insights into potential variances.
Cost Control and Reporting:
* Implement cost control measures to manage project financial performance effectively.
* Generate detailed cost reports and provide regular updates to project stakeholders.
Risk and Variance Analysis:
* Identify and analyze cost risks and variances, recommending mitigation strategies as needed.
* Conduct sensitivity analyses to evaluate the financial impact of project changes.
Collaboration and Communication:
* Work closely with procurement teams, contractors, and suppliers to ensure cost efficiency.
* Serve as the primary point of contact for cost-related queries and discussions.
Governance and Compliance:
* Ensure adherence to defence financial regulations and reporting standards.
* Maintain accurate and comprehensive documentation of cost management activities.
Qualifications and Experience
Education:
* Bachelor’s degree in engineering, Finance, or a related field.
* Professional certifications (e.g., CCP, PMP, or AACE) are advantageous.
Experience:
* Proven experience in cost engineering, project controls, or financial management within defence, aerospace, or similarly complex sectors.
* Familiarity with defence-specific cost management standards and practices.
Technical Skills: Proficiency in cost estimation tools and financial