Senior Cost Engineer

Senior Cost Engineer

Full-Time 48600 - 59400 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Lead cost and forecasting management for exciting nuclear projects.
  • Company: Join EDF, a leader in the UK's nuclear energy sector.
  • Benefits: Competitive salary, career development, and opportunities to make a real impact.
  • Other info: Dynamic work environment with a focus on teamwork and innovation.
  • Why this job: Be part of a team shaping the future of low-carbon energy.
  • Qualifications: 10+ years in cost engineering, ideally in nuclear or regulated industries.

The predicted salary is between 48600 - 59400 £ per year.

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  • Contract Partner Company: Mactech Engineering & Inspection
  • Employing Company: EDF HPC

The HPC Jobs Service supports local people into exciting, long-term careers across our 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. Eco Sys, SAP
  • Assurance of the delivery of Cost and Forecasting reports to a defined reporting cycle, including commentary on key timerelated 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 Power BI 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.
  • 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

For this role you must have evidence of right to work in the UK.

As a project, we do not discriminate on the grounds of age, gender, race, colour, religion, disability or sexual orientation, and we welcome applications from all sections of the community.

Why Join Us?

For more than 60 years, nuclear power stations in the UK have been quietly keeping Britain fuelled with massive amounts of home-grown energy.

Our teams up and down the country are proudly continuing to serve the nation – but they also have an eye on the future.

EDF is leading the UK's nuclear renaissance with the construction of a new nuclear power station at Hinkley Point C and plans for a new power station at Sizewell C in Suffolk.

Nuclear power is the most reliable, low-carbon energy source currently available to the UK.

EDF is playing a key role in the development of nuclear sites, while Hinkley Point C will provide low-carbon electricity to meet 7% of the UK demand.

The project is already making a positive impact on the local and national economy as well as boosting skills and education.

We’re not just building new nuclear power stations.

We’re developing careers, upskilling generations and creating thousands of employment and apprenticeship opportunities across a variety of skills areas.

It takes a special kind of person to work in the nuclear energy industry and although we have thousands of them there’s always a need for more.

Our industry has a mind-boggling range of opportunities and more jobs, and in more places, than you might think. But it’s also an industry which is changing.

We’re a responsible business and proud to be Britain’s biggest generator of zero carbon electricity. With size, age and experience, we believe we can do even more.

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Senior Cost Engineer employer: EDF Energy Limited

EDF Energy Limited is an exceptional employer, offering a dynamic and inclusive work culture that prioritises employee well-being and professional growth. With a flexible working approach and a commitment to diversity, employees can thrive while contributing to the UK's transition to net zero through innovative workforce planning strategies. The company provides competitive salaries, a market-leading pension scheme, and tailored benefits, making it an attractive place for those seeking meaningful and rewarding careers in the renewable energy sector.

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Contact Details:

EDF Energy Limited Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Cost Engineer

Join Engineering Meetups!

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We think you need these skills to ace Senior Cost Engineer

Cost and Forecasting Management
Cost Breakdown Structure (CBS)
Work Breakdown Structure (WBS)
Data Analysis
Project Controls
Risk Management
Stakeholder Engagement

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 EDF Energy Limited 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 EDF Energy Limited 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!

Include Relevant Certifications:If you have any engineering certifications, especially ones that are recognised in your field, make sure to feature them prominently on your CV. They demonstrate not just your knowledge, but also your commitment to professional development, which is something we at StudySmarter value highly.

How to prepare for a job interview at EDF Energy Limited

Brush Up on Core Engineering Principles

Before heading into the interview with EDF Energy Limited, 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

In a full-time role, employers like EDF Energy Limited want to see that you can adapt and grow within their team. Be ready to discuss how your previous internships, projects, or studies relate directly to the work you'll be doing. Highlight specific experiences that showcase your collaborative skills and how you've successfully worked within a team environment.

Know Your Tools and Software

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