At a Glance
- Tasks: Lead cost and forecasting efforts on groundbreaking nuclear projects.
- Company: Join Assystem, a top global nuclear engineering company driving energy transition.
- Benefits: Enjoy competitive salary, flexible working, and generous leave options.
- Other info: Collaborative culture focused on innovation and professional growth.
- Why this job: Make a real impact in the energy sector while advancing your career.
- Qualifications: 10+ years in cost engineering, ideally in nuclear or regulated industries.
The predicted salary is between 63000 - 77000 £ per year.
Company Description
About Assystem
At Assystem, our mission is to accelerate the energy transition worldwide. Our 7,500 Switchers blend historical engineering expertise with cutting-edge digital technologies to drive this change. Join us in revolutionizing the energy sector and making a significant global impact.
Why Join the Community of Switchers?
Be part of one of the top three largest nuclear engineering companies globally. At Assystem, you'll contribute to groundbreaking projects that push the boundaries of innovation and engineering excellence. Join a community committed to driving forward the future of energy.
Job Description
The role of Senior Cost Engineer is to act as an expert of the Cost and Forecasting team across the parts of HPC project following the Cost and Forecasting strategy uniformly across the project. They will act as a technical lead for the Cost and Forecasting team ensuring the implementation of Cost and Forecasting specific processes and framework. They will follow all governance arrangements for the Integrated Project Controls Discipline providing effective reporting of Cost and Forecasting information in a timely and accurate manner, supporting others to achieve the same results. They will manage the delivery of specific contracts which range in value from £10m to £500m. The Senior Function Engineer will be required to direct workload and provide guidance to the Cost Engineers or Trainee Cost Engineers on a day-to-day basis to enable them to support the project controls activities on the project.
Principal Accountabilities
- The Senior Cost Engineer will be the face of Cost and Forecasting management in their nominated Programme/Area in the Project, bringing confidence to stakeholders that they are performing the right steps to identify, analyse, respond to and manage their Cost and Forecasting outputs.
- Produce and maintain accurate cost and forecasting in alignment with the Cost Breakdown Structure or Work Breakdown Structure (CBS/WBS);
- Act as a role model for the effective collaboration with colleagues within and across organisational boundaries to achieve mutually successful outcomes in keeping with the HPC project values of "Humility, Positivity, Respect, Solidarity and Clarity" and culture of "Trust, Transparency and Teamwork".
- Providing assurance of the maintenance of all Cost and Forecasting data for the Programme/Area within the Cost and Forecasting software system e.g. EcoSys, SAP.
- Assurance of the delivery of Cost and Forecasting reports to a defined reporting cycle, including commentary on key time-related drivers and performance issues ensuring the quality of the output.
- The Senior Cost Engineer will support the Programme/Area Directors implement Cost and Forecasting management by:
- Reviewing and challenging the significant issues that may impact programme objectives.
- Supporting issue and opportunities reviews and workshops and specialist Cost and Forecasting focussed sessions (i.e. scenario planning).
- Analysis of Cost and Forecasting data and the connection of this data across the Project, in conjunction with the project controls managers and risk leads.
- Challenging the uncertainties of Cost and Forecasting data over time to allow prioritisation and decision making.
- Ensuring a comprehensive Cost and Forecasting portfolio is maintained and reflective of the current project position.
- Working with colleagues in IPC to ensure that the Project schedule and cost estimates are informed by high quality risk information (at delivery and portfolio levels).
- Work with the PCM's to support the programme/area teams and where appropriate Tier 1 Contractors to assess contractor-held Cost and Forecasting data and their views on Programme-held risks and opportunities that impact upon them.
- Identify enhancements to integrated Cost and Forecasting management procedure, process, reporting and tools.
- Accountable for the production and presentation of accurate, insightful project controls information at the Programme Reviews and Board Meetings, ROTCs, Portfolio Risk Review as required.
- Responsible for the management and verification of information within the PowerBI dashboards and providing proposals for improvement from the Programme/Area teams.
- Lead Cost and Forecasting management and Cost and Forecasting software specific training to the Programme/Area team, PM community and apprentices and provide recommendations of additional training requirements, or improvements to existing training.
- Effective collaboration, leadership and management of colleagues within and across organisational boundaries to achieve mutually successful outcomes.
Qualifications
Knowledge, Skills, Qualifications & Experience
Knowledge & Skills
- Able to deliver accurate and concise Cost and Forecasting insights to drive evidence-based decision making, utilising commercial and technical information, to influence project decisions and support the management of risks/opportunities.
- Understanding and/or practical experience of wider project controls disciplines enabling Cost and Forecasting management to be integrated with schedule, risk and change, and provide assurance that Cost and Forecasting reporting and outputs of Cost and Forecasting analysis aligns with other project data.
- Understands how the impact of changes/decisions may impact the programme/area delivery.
- Excellent analytical, critical thinking and problem-solving skills.
- Proven ability to facilitate Cost and Forecasting conversations with colleagues at all levels, including Executive and Director leadership.
- Effectively communicates complex issues and concepts (unique insights) in simple ways, to both technical and non-technical senior audiences.
- Strong organisational and time management skills, with the ability to prioritise and delegate tasks to other team members.
- Possesses high work standards and sets ambitious, yet attainable goals. Constantly drives to streamline and simplify to deliver business value.
- Ability to effectively collaborate with colleagues within and across organisational boundaries to achieve mutually successful outcomes.
- Ability to assure the quality of others work supporting them in developing to effectively deliver outputs.
- Ability to expertly use and guide others in the use of Cost and Forecasting management software; Ability to draw from best practice across industry to implement changes for improved performance.
- May have experience in line management, coaching and career development of junior members of teams.
Qualifications & Experience
- Minimum of HND or equivalent qualification in project management, project controls, engineering, or another related field.
- Cost and Forecasting Specific Qualifications or equivalent.
- Experience in a Project Management environment.
- At least ten years senior level experience in a Cost and Forecasting team in a complex, highly regulated industry (ideally nuclear or energy) working in a role, which requires active integration management and senior level influencing with multiple stakeholders.
- Demonstrable experience of working as an expert in a project controls discipline.
- Expert knowledge of Cost and Forecasting including the tools, and a variety of techniques used to deliver project insight and assess performance.
- Experience of working on a major construction project is desirable but not necessary.
- Experience of working in the Nuclear Industry or other highly regulated industry is desirable but not necessary.
- May have proven leadership experience and experience of supporting a team to maximise the delivery of a team.
Tools and Software
The jobholder will be expected to have expertise in the use and supporting training of others, of the following (or similar equivalent) software tools:
- Microsoft Office software (Excel, Word, PowerPoint, Access);
- Teamcenter (Document Control).
- EcoSys (Cost, Changes, Earned Value Management).
- Power BI (Business Intelligence Analytics).
- SAP (Financial).
Additional Information
Why Apply?
Join Assystem and become a key player in delivering critical nuclear projects that shape the future of energy. Embrace this opportunity to excel in a dynamic environment where your expertise and leadership will drive global innovation.
Benefits include:
- Pension scheme (8% company contribution / 4% personal contribution)
- 25 days’ paid annual leave + bank holidays + option to buy or sell days
- Professional fees reimbursed
- Flexible working
- Employee referral scheme
NOTICE TO CANDIDATES ON RECRUITMENT FRAUD - We are committed to safeguarding candidates from fraudulent activity associated with our recruitment process. Please note that we will never offer specialist CV writing services, request payment or ask for sensitive personal information during the recruitment process. We are committed to equal treatment of candidates and promote, as well as foster all forms of diversity within our company. We believe that bringing together people with different backgrounds and perspectives is essential for creating innovative and impactful solutions. Skills, talent, and our people’s ability to dare are the only things that matter! Bring your unique contributions and help us shape the future.
Senior Cost Engineer in Bridgwater employer: Assystem
Assystem is an exceptional employer that champions innovation and collaboration within the nuclear engineering sector. Located in Greater London, we offer a dynamic work culture that prioritises employee growth through continuous learning opportunities and professional development. Our commitment to excellence is matched by our supportive environment, making it a rewarding place for talented individuals to thrive and contribute to impactful projects.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Cost Engineer in Bridgwater
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We think you need these skills to ace Senior Cost Engineer in Bridgwater
Some tips for your application 🫡
Showcase Your Technical Expertise:When applying for an engineering role like Senior Cost Engineer, it’s essential to highlight your technical skills. Include any relevant software or tools you're proficient in on your CV—think CAD software, simulation tools, or programming languages. Don't skimp on any engineering projects you've worked on that demonstrate your ability to solve complex problems.
Focus on Results and Impact:In the engineering world, we love numbers and real-world impact. Quantify your achievements wherever possible—like reducing costs by a certain percentage, improving efficiency, or successfully completing a project ahead of schedule. This gives your future employers at Assystem a clear picture of the value you can bring.
Craft a Compelling Cover Letter:Use your cover letter to express your passion for engineering and explain why you’re drawn to Assystem specifically. Share what aspects of their work excite you and how your values align with theirs. This is your chance to show a bit of personality while keeping it professional!
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How to prepare for a job interview at Assystem
✨Brush Up on Core Engineering Principles
Before heading into the interview with Assystem, make sure you're solid on the fundamental engineering principles relevant to the role. Be ready to discuss concepts such as thermodynamics, fluid mechanics, or structural analysis, depending on the specifics mentioned in the job description. Don’t skip any hands-on projects or coursework; these can be excellent talking points!
✨Show Off Your Problem-Solving Skills
Expect technical questions or case studies during your interview—after all, engineering is all about solving problems! Prepare a few examples of how you've tackled engineering challenges in the past, whether at university or in any practical experience. Practising with mock technical interviews can really help you articulate your thought process and solutions.
✨Relate Your Experience to the Role
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✨Know Your Tools and Software
Most engineering roles require familiarity with specific tools and software. Prepare to talk about your proficiency with programmes like AutoCAD, MATLAB, or SolidWorks if they’re relevant to the role. Even better, have examples of projects where you’ve used these tools, as it'll demonstrate your hands-on experience and readiness for the job.