Cost Engineer

Cost Engineer

Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join us as a Cost Engineering Consultant, providing vital cost estimates for defence projects.
  • Company: Sagentia Defence is a top consultancy innovating in defence and security sectors.
  • Benefits: Enjoy a supportive work environment with training opportunities and career development.
  • Why this job: Make a real impact on high-profile defence programmes while working with experts.
  • Qualifications: Degree-level education and experience in Cost Engineering or Analyst roles required.
  • Other info: Candidates must have the right to work in the UK and may need security clearance.

The predicted salary is between 36000 - 60000 £ per year.

Sagentia Defence is a leading consultancy operating at the forefront of innovation in the defence and security sectors, leveraging our deep expertise in science and technology to tackle some of the most pressing challenges facing our customers. Our collaborative approach with government departments and major aerospace and defence organisations ensures that we are not only meeting today's demands but also anticipating and preparing for the future.

As we embark on an ambitious growth journey, we are looking for talented and experienced Cost Engineers to join our P3M team of experts based in Bristol. Joining Sagentia Defence means becoming part of one of the UK’s leading consultancies, where your skills and expertise will be valued and nurtured. Being part of a global brand, you will also have access to wider development opportunities across the Group. Our people are our greatest asset, and we are committed to providing an exciting, evolving, and supportive work environment. If you are passionate about making a difference and eager to work on high-profile defence programmes, Sagentia Defence is the place for you.

Role

As a Cost Engineering Consultant, you will be providing the cost estimates and modelling support to help the UK MoD and industry make better decisions. You will work closely with national government bodies, international institutions, and global prime contractors, leading and supporting procurement decisions with analytical thinking and outcomes, modelling of operational performance and sustainment. This may be working autonomously within customer teams to support business cases, estimating of procurement and in-service costs, or leading workshops with customers and Subject Matter Experts to improve accuracy and understanding of project costs.

About You

The successful candidate must be able to demonstrate the following essential and desirable skills and attributes:

  • Essential:
  • Proven experience in a Cost Engineering or Analyst role within a P3M environment.
  • Educated to degree level or equivalent, with a relevant professional qualification (e.g., CCEA, CPCostE, CEng).
  • Experience of working in the defence sector or a military background.
  • Good knowledge of statistics in support of parametric modelling, sampling, and risk analysis.
  • Knowledge of Investment Appraisals, Trade Studies, Business Cases, and Cost Benefit Analysis to support stage gate approvals process.
  • Experience in methods of estimating including bottom-up, analogous, and parametric techniques in support of both hardware and software systems acquisitions and through life support.
  • Experience developing estimates that take account of design, manufacture, and support costs; allowances; overheads; profit, Government Furnished Assets & Resources, historical costs, and Estimating Maturity Assessment levels.
  • Development of robust cost models that satisfy independent Verification & Validation scrutiny.
  • Knowledge of quantitative assessment of uncertainty, cost, schedule risk assessment and awareness of Risk Management approach and the costing of Risk within the cost models.
  • Experience of assisting the Bid Winning process and practice such as PQQ/ITT/ITN.
  • Strong verbal, presentation, and report-writing skills.
  • Strong attention to detail and organisational skills, with the ability to prioritise workloads under pressure.
  • Ability to travel to client sites across UK as required.
  • Desirable:
    • Membership of a professional body (e.g., ICEAA, ACostE) and a desire for continued professional development.
    • Experience working in a consultancy environment or with government clients.
    • Knowledge of and application of Visual Basic.
    • Independent Verification and Validation against 3rd party supplied cost models.
    • Knowledge of Earned Value Management (EVM).
    • Application of Risk tools such as @Risk, ModelRisk etc.

    You can expect:

    • To work in an exciting, fast paced environment where you will have the opportunity to add value and make a difference.
    • To work for a forward thinking, agile organisation who embrace diversity.
    • Empowerment to deliver in a trusting and supportive environment.
    • The opportunity to further enhance your skills through a training and development programme tailored to support your career aspirations.
    • The support and encouragement to develop a long term and rewarding career.
    • To work in an environment where creativity and innovation is encouraged and rewarded.

    Other Requirements:

    • Candidates must have an existing right to live and work in the UK.
    • Candidates will need to undergo an internal BPSS check prior to gaining site access.
    • Candidates will also need to either hold a current SC clearance or be willing and eligible to undergo a Security Clearance check (SC level) upon starting their employment with the company.
    • To gain SC clearance you will normally need at least 5 years’ UK residency.

    Cost Engineer employer: Sagentia Defence

    Sagentia Defence is an exceptional employer, offering a dynamic and supportive work environment in Bristol, where your contributions as a Cost Engineer will be highly valued. With a strong commitment to employee development, you will have access to tailored training programmes and opportunities for career progression within a leading consultancy that champions innovation in the defence sector. Join us to be part of a collaborative culture that empowers you to make a meaningful impact on high-profile projects while enjoying the benefits of working with a diverse and forward-thinking team.
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    Contact Detail:

    Sagentia Defence Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Cost Engineer

    ✨Tip Number 1

    Familiarise yourself with the specific cost estimation techniques mentioned in the job description, such as bottom-up and parametric methods. Being able to discuss these methodologies confidently during your interview will demonstrate your expertise and understanding of the role.

    ✨Tip Number 2

    Network with professionals in the defence sector, especially those who have experience in cost engineering roles. Engaging with industry events or online forums can provide valuable insights and connections that may help you stand out as a candidate.

    ✨Tip Number 3

    Prepare to discuss your experience with risk management and cost modelling in detail. Be ready to share examples of how you've applied these skills in previous roles, as this will show your ability to contribute effectively to Sagentia Defence's projects.

    ✨Tip Number 4

    Research Sagentia Defence's recent projects and initiatives in the defence sector. Understanding their current challenges and successes will allow you to tailor your conversation during interviews, showcasing your genuine interest in the company and its mission.

    We think you need these skills to ace Cost Engineer

    Cost Estimation
    Parametric Modelling
    Risk Analysis
    Investment Appraisals
    Trade Studies
    Business Case Development
    Cost Benefit Analysis
    Bottom-Up Estimating
    Analogous Estimating
    Quantitative Assessment of Uncertainty
    Schedule Risk Assessment
    Risk Management
    Strong Verbal Communication
    Presentation Skills
    Report Writing
    Attention to Detail
    Organisational Skills
    Ability to Prioritise Workloads
    Knowledge of Earned Value Management (EVM)
    Experience with Risk Tools (e.g., @Risk, ModelRisk)
    Visual Basic Proficiency

    Some tips for your application 🫡

    Tailor Your CV: Make sure your CV highlights your relevant experience in Cost Engineering, particularly within a P3M environment. Emphasise any work you've done in the defence sector and include specific examples of cost modelling and estimation techniques you've used.

    Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention how your skills align with Sagentia Defence's mission and values, and provide examples of how you've successfully contributed to similar projects in the past.

    Highlight Relevant Qualifications: Clearly list your educational background and any professional qualifications, such as CCEA or CPCostE. This will demonstrate your commitment to the field and your readiness for the responsibilities of the role.

    Showcase Soft Skills: In addition to technical skills, highlight your strong verbal, presentation, and report-writing skills. Provide examples of how you've effectively communicated complex information to stakeholders, as this is crucial for the role at Sagentia Defence.

    How to prepare for a job interview at Sagentia Defence

    ✨Showcase Your Cost Engineering Experience

    Be prepared to discuss your previous roles in cost engineering, particularly within a P3M environment. Highlight specific projects where you successfully estimated costs and supported procurement decisions, as this will demonstrate your relevant experience to Sagentia Defence.

    ✨Demonstrate Analytical Skills

    Since the role involves analytical thinking and modelling, be ready to explain your approach to cost estimation and risk analysis. Use examples that showcase your knowledge of statistical methods and how you've applied them in real-world scenarios.

    ✨Understand the Defence Sector

    Familiarise yourself with current trends and challenges in the defence sector. Showing that you understand the context in which Sagentia Defence operates will help you connect your skills to their needs and demonstrate your passion for the industry.

    ✨Prepare for Technical Questions

    Expect technical questions related to cost modelling techniques and risk management tools. Brush up on your knowledge of methods like bottom-up and parametric estimating, as well as any software tools you’ve used, such as Visual Basic or risk assessment applications.

    Cost Engineer
    Sagentia Defence
    S
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