Senior Cost Engineer

Senior Cost Engineer

Full-Time 48000 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Support Project Managers in delivering projects on time and within budget.
  • Company: Join a dynamic team focused on delivering key projects for top clients.
  • Benefits: Enjoy hybrid working, flexible hours, and a collaborative work environment.
  • Why this job: Perfect for those who love project management and want to make an impact.
  • Qualifications: 3+ years in a similar role, strong maths skills, and good communication.
  • Other info: Opportunity for SC clearance and experience with Project Controls tools.

The predicted salary is between 48000 - 72000 £ per year.

Our client has an exciting opportunity for a talented and enthusiastic Cost Engineer who is keen to cement their existing expertise in delivering projects to key clients and encouraging the growth of their business.

9 Month Contract - Inside IR35

Warrington – Hybrid Working

40 hours per week

Key responsibilities:

  • The purpose of this role is to assist the Project Managers in delivering their projects on time and to budget through attention to detail and the application of the client’s standard processes and best practice techniques.
  • Application of project controls processes and systems utilization
  • Project set up, close out and reconciliations.
  • Ensuring correct cost allocation
  • Project cost forecasting
  • Revenue and gross margin monitoring
  • Ensure corporate systems are up to date and an accurate reflection of the project
  • Monitoring of aged debt
  • Project Financial Reviews
  • Preparation of Client specific monthly reports
  • Preparation of internal reporting for Operational Project Reviews
  • Attendance and / or contributions at monthly meetings
  • Bid support

Additional tasks may include assisting the Project/Programme Manager in:

  • Earned value analysis
  • Risk & opportunity management
  • Programme & resource monitoring
  • The preparation of change control / early warning notices
  • Preparing / maintaining quality documents
  • Monitoring key performance indicators as necessary

Here’s What You’ll Need:

  • 3+ years previous experience in a similar role
  • Ability to obtain SC clearance
  • Strong mathematical background
  • Attention to detail and good numerical skills
  • Good communication skills
  • Able to work independently and as part of a team
  • Good knowledge of Microsoft Office in particular; Excel, Word and Outlook
  • Previous experience of Project Controls tools and Software

Senior Cost Engineer employer: First Recruitment Group

Our client is an exceptional employer, offering a dynamic work environment in Warrington that promotes hybrid working and a strong focus on employee development. With a commitment to fostering a collaborative culture, employees benefit from opportunities for professional growth and the chance to work on impactful projects that drive business success. The company values attention to detail and innovation, making it an ideal place for talented individuals looking to advance their careers in cost engineering.
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Contact Detail:

First Recruitment Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Cost Engineer

✨Tip Number 1

Familiarise yourself with project controls processes and systems. Understanding the specific tools and software used in the industry will give you an edge during interviews, as you'll be able to discuss your experience and how it aligns with the company's needs.

✨Tip Number 2

Brush up on your earned value analysis skills. Being able to demonstrate your knowledge in this area can set you apart from other candidates, especially since it's a key responsibility of the role.

✨Tip Number 3

Prepare to discuss your experience with cost forecasting and revenue monitoring. Have specific examples ready that showcase your attention to detail and how you've successfully managed budgets in past projects.

✨Tip Number 4

Network with professionals in the field, particularly those who have worked in similar roles. Engaging with others can provide insights into the company culture and expectations, which can be invaluable during your interview.

We think you need these skills to ace Senior Cost Engineer

Cost Estimation
Project Controls Processes
Cost Allocation
Project Cost Forecasting
Revenue Monitoring
Gross Margin Analysis
Financial Reporting
Earned Value Analysis
Risk Management
Resource Monitoring
Change Control Preparation
Attention to Detail
Strong Mathematical Skills
Microsoft Excel Proficiency
Communication Skills
Team Collaboration

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your relevant experience as a Cost Engineer. Focus on your previous roles, particularly those that involved project controls, cost forecasting, and financial reviews. Use specific examples to demonstrate your skills.

Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention your 3+ years of experience and how it aligns with the responsibilities listed in the job description. Be sure to express your ability to work independently and as part of a team.

Highlight Relevant Skills: In your application, emphasise your strong mathematical background, attention to detail, and proficiency in Microsoft Office, especially Excel. If you have experience with Project Controls tools and software, make sure to mention that too.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a Senior Cost Engineer.

How to prepare for a job interview at First Recruitment Group

✨Showcase Your Experience

Be prepared to discuss your previous roles in detail, especially those that relate directly to cost engineering. Highlight specific projects where you successfully managed budgets and timelines, as this will demonstrate your capability to handle the responsibilities of the Senior Cost Engineer position.

✨Demonstrate Attention to Detail

Since attention to detail is crucial for this role, consider preparing examples that showcase your meticulousness. Discuss how you've ensured accurate cost allocations or how you've maintained project controls processes in past projects.

✨Familiarise Yourself with Project Controls Tools

Make sure you are well-versed in the project controls tools and software mentioned in the job description. If possible, brush up on any specific tools the company uses, as this knowledge can set you apart from other candidates.

✨Prepare for Scenario-Based Questions

Expect questions that assess your problem-solving skills, particularly in risk management and earned value analysis. Prepare scenarios from your past experience where you successfully navigated challenges, as this will illustrate your ability to think critically under pressure.

Senior Cost Engineer
First Recruitment Group
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