At a Glance
- Tasks: Join our team to manage costs for major energy projects and drive the transition to Net Zero.
- Company: SP Energy Networks, a leader in renewable energy and infrastructure.
- Benefits: Enjoy 36 days annual leave, competitive salary, and extensive perks including health and wellness support.
- Other info: Diverse opportunities and a commitment to inclusion and sustainability.
- Why this job: Make a real impact on Scotland's energy future while developing your career in a dynamic environment.
- Qualifications: 3+ years in cost engineering with strong analytical skills and experience in large projects.
The predicted salary is between 55000 - 68750 £ per year.
Location: Aspect House, Blantyre (with occasional travel across Scotland)
Salary: £55,000 - £68,750 + extensive benefits package
Permanent | Full-time (37 hrs week)
Closing Date: 8th September 2026
Help us create a better future, quicker! SP Energy Networks (SPEN) is at the heart of the UK’s journey to Net Zero. Over the next five years, we will invest £12 billion in modernising and expanding the electricity grid, enabling the rapid growth of renewable energy and securing a clean, reliable future for our communities.
Within this, our Transmission business is delivering a £3 billion programme of major strategic infrastructure projects — from new overhead lines to upgraded substations — to strengthen, reinforce and future-proof the transmission network across Scotland. To support this unprecedented programme of work, we’re looking for 2x Cost Engineers to join our Strategic Projects Portfolio team and play a key role in managing and controlling costs across some of the most significant energy infrastructure projects in the UK.
What you’ll be doing:
- Support the development and continuous improvement of cost management standards, systems and reporting tools
- Lead month-end cost reporting, including variance analysis and lifecycle budget performance reviews
- Maintain the Integrated Cost Management Tool with accurate, validated project data
- Monitor contractor cost performance against budgets and agreed KPIs
- Support lifecycle budget allocation and reporting across assigned projects and disciplines
- Perform cost forecasting and routine analysis to support decision-making
- Ensure alignment between cost and schedule baselines, working closely with Planning, Scheduling and Risk teams
- Support Actual Cost of Work Performed (ACWP) calculations and Earned Value (EV) integration
- Prepare cost studies, benchmarking reviews and cost comparison reports
- Collaborate with Procurement, Project Managers and Budget Holders to validate assumptions and track committed expenditure
- Maintain and update the Strategic Portfolio Cost Breakdown Structure (CBS)
- Identify cost risks, resolve variances and contribute to lessons learned and continuous improvement activities
Your work will directly enable the successful delivery of critical national infrastructure, supporting a cleaner, greener energy system for the future.
What you’ll bring:
- 3+ years’ cost engineering experience, ideally within EPC, utilities, infrastructure or energy sectors
- Strong knowledge of cost management methodologies, including ACWP, CPI, SPI and forecasting techniques
- Experience developing and managing cost structures for multi‑million‑pound projects
- Excellent analytical skills with the ability to interpret and communicate complex cost data
- Experience with cost management tools and Earned Value Management (EVM)
- Understanding of NEC3/NEC4 contract frameworks
- Strong communication and stakeholder engagement skills
- Ability to work independently while contributing effectively to a distributed team
What’s in it for you:
As well as a competitive salary which is reviewed annually, you can also enjoy a number of other benefits. With our pension scheme, we’ll double match your contribution up to a company contribution of 10%.
At ScottishPower, we believe it’s the little things we do in life that make a big difference. From helping you look after your family’s wellbeing, save for your future and take personal steps for climate action – our benefits are designed to help you do just that - so that you have everything you need to take care of your world – today and tomorrow.
That’s why our benefits include:
- 36 days annual leave
- Holiday purchase – perfect your work/life balance with extra annual leave
- Share Incentive Plan and Sharesave Scheme
- Payroll giving and charity matched funding
- Technology Vouchers – save more and spread the cost of your technology purposes
- Count us in – pledge to reduce carbon emissions and help fight climate change
- Electric Vehicle Schemes – to help you transition to green/clean driving
- Cycle to Work scheme and public transport season ticket loans
- Options to purchase dental insurance, private medical insurance, health cash plan and annual health assessments
- Life Assurance (4x salary)
- Access to ‘nudge’ financial wellbeing support
- Plus shopping, leisure, restaurant and gym discounts, and unique employee deals on travel insurance and more
Why SP Energy Networks:
SP Energy Networks is part of the Iberdrola Group, one of the world’s largest integrated utility companies and a world leader in wind energy. We keep electricity flowing to homes and businesses through Central and Southern Scotland, North Wales and in the North West of England. We operate over 4000km of cables and lines that make-up the transmission network – connecting infrastructure like wind farms into the electricity system. It’s a role that puts us right at the heart of Scotland’s ambition to be Net Zero by 2044. And we’re taking it very seriously.
With diverse opportunities across our businesses and a commitment to invest in our own internal talent, ScottishPower can offer people real career opportunities that meet personal and professional goals, in a global organisation.
Inclusion, diversity, and a social purpose are at the heart of everything we do. Together with our values, they bring us together into a stronger, more sustainable business with direct links to the communities we serve. It takes all kinds of people to build a large-scale business like ours, so whatever your background, you’ll fit right in.
We are committed to providing reasonable support or adjustments in our recruiting processes for candidates with disabilities, long term conditions, mental health conditions, or who are neurodivergent or require pregnancy-related support. If you need support, please reach out to careers@scottishpower.com.
Mobility: Please note that any applicant who is not a citizen of the country of the vacancy will be subject to compliance with the applicable immigration requirements to legally work in that country. If/when required, the Company will support the employee with the necessary Immigration requirements.
IMPORTANT: Advert will close at 23:59 GMT the day before Job Posting End Date below September-8-2026
Cost Engineer employer: Iberdrola
SP Energy Networks is an exceptional employer, offering a dynamic work environment at Aspect House in Blantyre, where you can contribute to the UK's journey towards Net Zero. With a strong focus on employee growth, extensive benefits including generous annual leave and pension contributions, and a commitment to diversity and inclusion, you'll find meaningful opportunities to advance your career while making a positive impact on the community and environment. Join us in shaping a cleaner, greener future through innovative energy solutions.
StudySmarter Expert Advice🤫
We think this is how you could land Cost Engineer
✨Join Engineering Meetups!
Get yourself along to local engineering meetups or tech conferences. These are great places to connect with like-minded folks and industry leaders who might just have a lead on that full-time Cost Engineer role you’re after at Iberdrola.
✨Show Off Your Projects!
Don’t be shy about showcasing your engineering projects. Whether it’s a funky app, a mechanical design, or a complex algorithm, having a solid portfolio on platforms like GitHub can really make you stand out. Plus, it gives potential employers at Iberdrola a taste of what you can bring to the table!
✨Engage with Online Communities
Dive into engineering forums and online communities, like Reddit or specific engineering Discord channels. Sharing your insights, asking questions, and being active can help you build connections that might lead to job opportunities at Iberdrola.
✨Apply Through Company Websites
When you spot a role like Cost Engineer at Iberdrola, apply directly through their website. Often, this can show your genuine interest in the company and you might just get noticed quicker than via typical job boards.
We think you need these skills to ace Cost Engineer
Some tips for your application 🫡
Showcase Your Technical Expertise:When applying for an engineering role like 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 Iberdrola 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 Iberdrola 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 Iberdrola
✨Brush Up on Core Engineering Principles
Before heading into the interview with Iberdrola, 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 Iberdrola 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
Most engineering roles require familiarity with specific tools and software. Prepare to talk about your proficiency with programmes like AutoCAD, MATLAB, or SolidWorks if they’re relevant to the role. Even better, have examples of projects where you’ve used these tools, as it'll demonstrate your hands-on experience and readiness for the job.
