Cost Engineer Job Description
Cost Engineers support major projects and organizations by providing accurate and timely project information related to performance against project baselines. They drive cost performance reporting, including all Earned Value Management metrics associated with key project commitments and expenditures.
Duties
- Development of project cost control data structures to accurately track and control actual costs
- Establishing and setting the project control budget aligned with agreed baselines
- Tracking actual costs for internal and external expenditures against control structures
- Managing project accruals and commitments within set budget constraints
- Building project forecasts, including estimated work to complete (ETC) and developing the estimate at complete (EAC)
- Providing accurate and timely reporting of all project information, including Earned Value Management
- Monitoring project contingency and exposure related to risk events and remaining risks
- Tracking project change control to ensure alignment with baselines and control data structures
- Analyzing key project trends to inform future change controls
Qualifications
Typically, a qualified graduate in a relevant discipline with proven experience in delivering project controls for major projects or programs. CIMA qualification is also welcomed.
Experience
Experience in cost engineering across various sectors and full project lifecycle phases, including pre-investment, design, execution, and commissioning. Familiarity with cost management systems such as Prism and Ecosys, and interface with financial systems like SAP and Oracle, is essential.
Additional Information
We promote a healthy, productive, and flexible work environment that respects work-life balance. Turner & Townsend is an equal opportunity employer committed to diversity and inclusion. Learn more at our website .
Note: SOX control responsibilities may be part of this role. Join our social media conversations on Twitter, Instagram, and LinkedIn. Candidates should be aware that it is against policy to pay fees related to our recruitment process, and unsolicited CVs are considered property of Turner & Townsend.
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Contact Detail:
TN United Kingdom Recruiting Team