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For Companies At a Glance
- Tasks: Forecast project costs and manage schedules while mitigating risks.
- Company: Join a global leader in professional services with projects worldwide.
- Benefits: Enjoy hybrid working, competitive salary, pension, and career development opportunities.
- Why this job: Be part of a dynamic team making an impact in the cyber security sector.
- Qualifications: Experience in cost management systems and engineering roles is essential.
- Other info: Entry-level position with potential for growth in a supportive environment.
The predicted salary is between 50000 - 70000 £ per year.
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A global consultancy is looking for Cost Engineers to join their growing team, which works across multiple industries including civil infrastructure, data centres, defence, and energy. Roles are available on a hybrid basis from Engineer to Manager.
The Role
As a Cost Engineer, you\’ll work on projects of varying sizes and complexity. Depending on your level, your responsibilities include:
- Driving cost performance reporting for the project, including all EVM metrics associated with key project commitments and expenditures
- Developing 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 expenditure against the cost control structures
You
To succeed as a Cost Engineer within this business you\’ll need strong cost engineering experience across the full project lifecycle of engineering, construction, or civil projects. Applications from candidates with an IT background cannot be considered.
The Package
Salary between £40,000 and £75,000 and benefits including pension (up to 5% employer contribution), private medical insurance, 25 days\’ vacation plus bank holidays, and flexible working. The company is committed to training, development, and career progression.
How To Apply
Please send your CV via the \’Apply Now\’ button.
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Cost Engineer employer: Cyber Security Forum Initiative
Contact Detail:
Cyber Security Forum Initiative Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cost Engineer
✨Tip Number 1
Familiarise yourself with cost management systems like Prism and Ecosys, as well as corporate finance systems such as SAP and Oracle. Having a solid understanding of these tools will not only boost your confidence but also demonstrate your readiness for the role.
✨Tip Number 2
Research the Defence sector and its specific cost engineering challenges. Being knowledgeable about industry trends and potential risks will help you stand out during discussions and show that you're proactive in understanding the field.
✨Tip Number 3
Network with professionals in the engineering and cost management fields. Attend relevant events or join online forums to connect with others who can provide insights or even referrals, increasing your chances of landing an interview.
✨Tip Number 4
Prepare to discuss your past experiences in project forecasting and risk management. Be ready to share specific examples of how you've successfully managed costs and adapted to changing project requirements, as this will highlight your suitability for the role.
We think you need these skills to ace Cost Engineer
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in cost engineering and familiarity with cost management systems like Prism and Ecosys. Emphasise any experience you have in the Defence sector, as this is viewed favourably.
Craft a Strong Cover Letter: Write a cover letter that specifically addresses the responsibilities of the Cost Engineer role. Mention your ability to forecast project costs and manage schedules, and provide examples of how you've successfully anticipated risks in past projects.
Highlight Relevant Skills: In your application, clearly outline your skills in corporate finance systems such as SAP and Oracle. This will demonstrate your technical proficiency and suitability for the role.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects attention to detail, which is crucial for a Cost Engineer.
How to prepare for a job interview at Cyber Security Forum Initiative
✨Know Your Cost Management Systems
Familiarise yourself with cost management systems like Prism and Ecosys, as well as corporate finance systems such as SAP and Oracle. Be prepared to discuss your experience with these tools and how you've used them in past roles.
✨Demonstrate Industry Knowledge
Research the engineering and defence sectors thoroughly. Understand current trends, challenges, and best practices. This will help you answer questions confidently and show that you're genuinely interested in the role.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions where you'll need to demonstrate your problem-solving skills. Think of examples from your past experience where you successfully managed project costs or mitigated risks.
✨Showcase Your Communication Skills
As a Cost Engineer, you'll need to communicate effectively with various stakeholders. Practice articulating complex ideas clearly and concisely, and be ready to explain how you would manage project schedules and time allocation.
