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- Tasks: Manage project costs and collaborate with teams to ensure financial success.
- Company: Join Costain, a leader in smart infrastructure solutions across the UK.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Dynamic team environment with a focus on innovation and sustainability.
- Why this job: Make a real impact on projects that improve lives and communities.
- Qualifications: Degree or relevant experience in cost management.
The predicted salary is between 28800 - 48000 £ per year.
As a Junior Cost Engineer you will be responsible for providing cost management and will monitor, control, and forecast the costs during the Project lifecycle.
You are required to be commercially focused, confident in running your own project as well as working effectively within a team. You will be joining a growing team working on a variety of contracts and will be required to undertake short‑term commissions to address a variety of customer needs. Candidates with a track record of cost management at pre‑ and post‑contract, working on contracts through the development cycle to the delivery through the construction phase, will be preferred.
RESPONSIBILITIES
- Control, monitor, analyse and report cost related aspects for designated projects within a portfolio.
- Ensure all cost and contract transactions on a project are understood and managed in an appropriate way.
- Liaise with project team members and contractors with regards to progress and cost forecasting.
- Monitor, control and analyse the project cost information, identify variances, and bring these to the attention of the Commercial Manager/Project Controls Manager.
- Highlight and resolve disallowed costs in applications for payments.
- Assist in the month‑end and CLR process.
- Collate and prepare applications for payment for the client.
- Monitor and approve timesheets on a weekly basis.
- Check and process invoices.
- Approve expenses.
- Assist the site buyer.
- Purchase items on the company credit card and reconcile monthly statements.
ESSENTIAL KNOWLEDGE, SKILLS AND EXPERIENCE
- Understand the inter‑relationship between time, cost and commercial aspects of the project cycle.
- Experience across the whole project and programme lifecycle.
- Excellent MS Office skills and well‑versed in the preparation of reports and information using packages such as Word, Excel and PowerPoint.
DESIRABLE
- Working knowledge of Primavera.
- Experience in the use of finance and project software.
- Working knowledge of relevant health and safety legislation.
QUALIFICATIONS
- Degree or suitable experience.
- Experience in a similar role.
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.
We are a disability confident employer and will generally offer an interview to any applicant that discloses a disability and meets the minimum criteria for the job as defined by us. For more details please visit the Disability Confident campaign.
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Junior Cost Engineer employer: Costain
Contact Detail:
Costain Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Junior Cost Engineer
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and understanding their projects. Be ready to discuss how your skills in cost management can help them achieve their goals. Confidence is key!
✨Tip Number 3
Showcase your experience with cost control and project lifecycle management during conversations. Use specific examples to demonstrate your ability to monitor and analyse costs effectively.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team.
We think you need these skills to ace Junior Cost Engineer
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Junior Cost Engineer role. Highlight your experience in cost management and any relevant projects you've worked on. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about cost engineering and how you can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Skills: Don’t forget to mention your MS Office skills and any experience with project software. If you’ve got knowledge of Primavera or finance tools, make sure to include that too. We’re keen on candidates who can hit the ground running!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and keep track of it. Plus, you’ll get all the latest updates from us!
How to prepare for a job interview at Costain
✨Know Your Numbers
As a Junior Cost Engineer, you'll be dealing with costs all day long. Brush up on your cost management skills and be ready to discuss specific examples from your past experiences. Think about how you monitored and controlled costs in previous projects and be prepared to share those insights.
✨Familiarise Yourself with the Tools
Make sure you're comfortable with MS Office, especially Excel, as it's crucial for reporting and analysis. If you have experience with Primavera or any finance/project software, highlight that too. Being able to demonstrate your proficiency with these tools can set you apart from other candidates.
✨Understand the Project Lifecycle
Get a solid grasp of the project lifecycle, from pre-contract to delivery. Be ready to discuss how you've navigated through different phases in your previous roles. This will show that you understand the inter-relationship between time, cost, and commercial aspects, which is key for this position.
✨Show Team Spirit
This role requires working effectively within a team, so be prepared to talk about your collaborative experiences. Share examples of how you've liaised with project teams and contractors, and how you contributed to resolving issues together. A positive attitude towards teamwork can really make a difference!