At a Glance
- Tasks: Implement cost management processes and provide expert support across the organisation.
- Company: Join a leading firm focused on engineering excellence and innovation.
- Benefits: Competitive salary, professional development, and a supportive team environment.
- Other info: Opportunity for career growth and to mentor future cost engineers.
- Why this job: Be a key player in driving cost efficiency and making impactful decisions.
- Qualifications: Background in cost engineering, strong analytical skills, and team collaboration.
The predicted salary is between 40000 - 50000 £ per year.
Minimum Requirements
- This role is within the Central function functional infrastructure rather than actually delivering in a project.
- Implement appropriate procedures, processes and systems to ensure the quality and consistency of data.
- Provide expert cost engineering support across the organisation, acting as a centre of excellence for cost forecasting, analysis, trend identification and cost performance insight.
- Drive the development and embedding of cost management processes, tools and guidance, contributing to continuous improvement and increased maturity of cost engineering capability.
- Act as a trusted advisor and critical friend to delivery teams and leadership, providing proportionate challenge and assurance to support investment, prioritisation and confidence in cost positions.
- Support capability development within the cost engineering community, including coaching, mentoring and promotion of professional standards and good practice.
- Maintain and promote high personal standards in environment, safety, health, security and quality and be a great team player.
Essential
- Standard Cost engineering background engineering, construction, economics.
- Strong numerical and analytical skills.
- Functional background Tracking manpower productivity and analysing time booked to projects including resource usage vs. planned, resource constraints, etc. and make any relevant recommendations to the Project Manager.
- A senior member of the Business Management sub-function providing and delivering cost engineering capability in support of projects.
Key Accountabilities
- Implement appropriate procedures, processes and systems to ensure the quality and consistency of data.
- Task manage capacity and deployment of Business Management team members in support of Group Leaders.
- Prepare, monitor and control of forecasts and budgets for specified projects, including change control.
Performance Monitoring and Reporting
- Interrogate systems and performance to ascertain actual expenditure and project accruals as needed.
- Preparation of cost reports, including trend analysis and early warnings where necessary.
- Perform and support other Cost Engineer requirements as requested.
Key Responsibilities
- Conduct full and detailed SPI, CPI variance analysis and subsequent root cause analysis, followed by provision of narrative, recommendations & recovery planning in accordance with monthly reporting timescales.
- Establish the Project Cost Breakdown Structure (CBS) and lead on the preparation of cost studies utilising historical data.
- Benchmarking and Trend Analysis Developing benchmarking information to meet specific needs.
- Provide trended data to the Project Manager based on performance to date and emerging trends including making recommendations.
- Tracking manpower productivity and analysing time booked to projects including resource usage vs. planned, resource constraints, etc. and make any relevant recommendations to the Project Manager.
Senior Cost Engineer in Padworth employer: Energy Jobline ZR
As a Senior Cost Engineer in Padworth, you will join a dynamic and supportive team that values continuous improvement and professional development. Our company fosters a collaborative work culture where your expertise will be recognised and utilised to drive cost management excellence across the organisation. With a strong commitment to employee growth, we offer mentoring opportunities and a focus on maintaining high standards in safety and quality, making us an exceptional employer for those seeking meaningful and rewarding careers.
We think you need these skills to ace Senior Cost Engineer in Padworth
Cost Engineering
Numerical Skills
Analytical Skills
Data Quality Management
Cost Forecasting
Trend Analysis
Performance Monitoring
