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- Tasks: Join our Project Controls team to manage and report on project costs.
- Company: Costain delivers smart infrastructure solutions across energy, water, transportation, and defence sectors.
- Benefits: Enjoy a collaborative work environment with opportunities for professional growth and development.
- Why this job: Be part of impactful projects that enhance lives and contribute to sustainability.
- Qualifications: Experience in cost management tools and strong analytical skills are essential.
- Other info: Candidates must obtain CTC security clearance; remote work options may be available.
The predicted salary is between 28800 - 43200 £ per year.
Overview
As a Junior Cost Engineer, you will be a key member of our Project Controls team providing cost management support to the EDF projects. You will be working alongside other Costain colleagues, our client and their suppliers. Your core Cost Engineering responsibilities will be to carry out cost management and reporting. Please note potential candidates for this role must be able to obtain and retain CTC (Counter Terrorist Check) level security clearance to be considered for this position. (Minimum 3 years residence in UK).
Responsibilities
- Control, monitor, analyse and report cost for projects at a Nuclear Power Station
- Performance Analysis – identify & understand variances against the baseline
- Cost Reconciliation
- Monthly reporting including status reports & accountability meetings with stakeholders
- Cost Forecasting
- Baseline Management
- Change & Risk Management
- Development and use of Project Control Structures (CBS, OBS, WBS etc.)
- Close working relationship with the Planning Project team to maintain an aligned financial position with the project plan, playing a key role in an integrated Project Delivery team
Qualifications
Essential
- Experience and understanding and knowledge of accountancy and finance processes
- Good interpersonal communication skills
- High level of numeracy and excellent analytical skills
- Excellent MS Office skills and well versed in the preparation of reports and information using packages such as Word, Excel and PowerPoint
Desirable
- Relevant experience in Project Controls and/or Project Delivery, preferably in a highly regulated environment
- HNC/HND, degree qualified or experience in a cost related discipline is desirable
About Us
Costain helps to improve people’s lives with integrated, leading edge, smart infrastructure solutions across the UK’s energy, water, transportation and defence markets. We help our clients improve their business performance by increasing capacity, improving customer service, safeguarding security, enhancing resilience, decarbonising and delivering increased efficiency. Our vision is to be the UK’s leading smart infrastructure solutions company. We will achieve this by focusing on blue chip clients whose major spending plans are underpinned by strategic national needs, regulatory commitments, legislation or essential performance requirements. We offer our clients leading edge solutions that are digitally optimised through the following five services which cover the whole lifecycle of their assets: future-shaping strategic consultancy; consultancy and advisory; digital technology solutions; asset optimisation and complex programme delivery. Our culture and values underpin everything we do.
Costain appreciate the time and effort taken when applying for one of our positions but, due to the high volume of responses, we are unable to provide individual feedback on candidates at application phase. We do share individual feedback following an interview.
A Disability Confident employer will generally offer an interview to any applicant that discloses they have a disability and meets the minimum criteria for the job as defined by the employer. It is important to note that in certain recruitment situations such as high-volume, seasonal and high-peak times, the employer may wish to limit the overall numbers of interviews offered to both disabled people and non-disabled people.
For more details please go to the Disability Confident website: https://www.gov.uk/government/collections/disability-confident-campaign
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Junior/Cost Engineer employer: Costain Group PLC
Contact Detail:
Costain Group PLC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Junior/Cost Engineer
✨Tip Number 1
Familiarise yourself with the specific cost management tools and methodologies mentioned in the job description, such as Earned Value Analysis and risk management techniques. This knowledge will not only help you during interviews but also demonstrate your proactive approach to understanding the role.
✨Tip Number 2
Network with professionals already working in project controls or cost engineering roles. Engaging with them on platforms like LinkedIn can provide insights into the industry and potentially lead to referrals, which can significantly boost your chances of landing the job.
✨Tip Number 3
Prepare for potential interview questions by practising how you would handle cost-related scenarios. Think about how you would analyse variances against a baseline or manage change and risk, as these are key responsibilities of the role.
✨Tip Number 4
Since obtaining CTC security clearance is essential, ensure you have all necessary documentation ready and be prepared to discuss your residency in the UK. This will show your readiness and commitment to meeting the job requirements.
We think you need these skills to ace Junior/Cost Engineer
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and qualifications required for the Junior Cost Engineer position. Familiarise yourself with cost management principles and the specific tools mentioned in the job description.
Tailor Your CV: Customise your CV to highlight relevant experience in cost engineering, project controls, and any analytical skills. Emphasise your familiarity with Earned Value Analysis and your proficiency in MS Office, particularly Excel.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your motivation for the role and how your skills align with the company's vision. Mention your ability to work in a team environment and your understanding of the importance of cost management in project delivery.
Proofread Your Application: Before submitting, carefully proofread your application materials for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a role in cost engineering.
How to prepare for a job interview at Costain Group PLC
✨Understand Cost Management Fundamentals
Make sure you have a solid grasp of cost management principles, especially those relevant to project controls. Be prepared to discuss your experience with cost forecasting, performance analysis, and reporting, as these are key responsibilities for the role.
✨Familiarise Yourself with Relevant Tools
Since the role requires experience with estimating, scheduling, and risk tools, brush up on your knowledge of these systems. Be ready to share specific examples of how you've used them in past projects to demonstrate your capability.
✨Showcase Your Analytical Skills
Highlight your analytical skills during the interview. Prepare to discuss how you've identified variances against baselines in previous roles and how you approached cost reconciliation and earned value analysis.
✨Emphasise Team Collaboration
This position involves close collaboration with various teams, so be sure to convey your interpersonal skills. Share examples of how you've successfully worked within a team environment to achieve project goals, particularly in regulated settings.
