Cost Engineer

Cost Engineer

City of London Full-Time 40000 - 52000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our team to manage costs on a major infrastructure project.
  • Company: Be part of a leading consultancy driving national transport initiatives.
  • Benefits: Enjoy hybrid working, competitive salary, car allowance, and private healthcare.
  • Why this job: Make a real impact while developing your skills in a supportive environment.
  • Qualifications: Experience in cost engineering or analysis with strong Excel skills required.
  • Other info: Opportunity for professional growth in a high-profile programme.

The predicted salary is between 40000 - 52000 £ per year.

Support commercial control on one of the UK’s most ambitious infrastructure programmes. We’re seeking a Cost Engineer to join the project controls team on a nationally significant transport and infrastructure scheme. This role offers the opportunity to work in a structured, high-performing consultancy environment — with direct involvement in cost management, performance reporting, and supporting commercial decision-making throughout the project lifecycle.

What You’ll Do

  • Maintain accurate cost performance data and monthly reporting in line with programme requirements
  • Support cost forecasting, accruals, and earned value analysis
  • Assist in change control, including assessment of cost impacts and coordination with commercial teams
  • Prepare data and reports for client dashboards, senior management, and project reviews
  • Work closely with planning, risk, and commercial colleagues to ensure full cost integration
  • Ensure data integrity, audit trails, and compliance with governance processes

What You Bring

  • Experience working as a Cost Engineer or Cost Analyst on major infrastructure or engineering projects
  • Strong Excel skills and familiarity with cost management systems (e.g. Prism, EcoSys, SAP, CEMAR)
  • Knowledge of earned value, cost forecasting, and change control processes
  • Understanding of NEC contracts is beneficial and project lifecycle cost flows
  • High attention to detail and ability to work with large datasets and reporting packs
  • Strong communication and stakeholder engagement skills

What’s on Offer

  • Join a high-profile, long-term infrastructure programme with national impact
  • Structured environment with professional development and career progression
  • Competitive base salary plus car allowance, private healthcare, life insurance, and full benefits
  • Hybrid working model with collaborative, experienced teams
  • Opportunity to build your experience in cost performance, commercial control, and project governance

Ready to advance your career in cost engineering on a flagship UK programme? Apply now and take your next step in infrastructure delivery.

Cost Engineer employer: Infraspec

As a leading consultancy in the heart of London, we pride ourselves on being an exceptional employer, offering a structured environment that fosters professional development and career progression for our Cost Engineers. With a competitive salary package, including a car allowance and private medical insurance, alongside a hybrid working model that promotes collaboration within experienced teams, we provide a unique opportunity to contribute to one of the UK's most ambitious infrastructure programmes while enjoying a supportive work culture that values employee growth.
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Contact Detail:

Infraspec Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Cost Engineer

✨Tip Number 1

Familiarise yourself with the specific cost management systems mentioned in the job description, such as Prism or EcoSys. Having hands-on experience or even a basic understanding of these tools can set you apart during discussions.

✨Tip Number 2

Network with professionals in the infrastructure sector, especially those who have worked on major projects. Engaging in conversations about their experiences can provide valuable insights and potentially lead to referrals.

✨Tip Number 3

Prepare to discuss your experience with earned value analysis and change control processes in detail. Be ready to share specific examples of how you've applied these concepts in past roles to demonstrate your expertise.

✨Tip Number 4

Showcase your strong communication skills by preparing questions for the interview that reflect your understanding of the role and the project lifecycle. This will highlight your engagement and interest in the position.

We think you need these skills to ace Cost Engineer

Cost Management
Excel Proficiency
Cost Forecasting
Earned Value Analysis
Change Control Processes
Data Integrity
Stakeholder Engagement
Attention to Detail
Project Lifecycle Understanding
NEC Contracts Knowledge
Reporting Skills
Commercial Decision-Making
Collaboration with Cross-Functional Teams
Analytical Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience as a Cost Engineer or Cost Analyst. Emphasise your skills in cost management, performance reporting, and familiarity with cost management systems like Prism or SAP.

Craft a Compelling Cover Letter: Write a cover letter that specifically addresses the job description. Mention your experience with major infrastructure projects and how your skills align with the requirements, such as your strong Excel skills and understanding of NEC contracts.

Showcase Relevant Skills: In your application, clearly demonstrate your knowledge of earned value analysis, cost forecasting, and change control processes. Use specific examples from your past work to illustrate these skills.

Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a Cost Engineer role.

How to prepare for a job interview at Infraspec

✨Showcase Your Technical Skills

As a Cost Engineer, strong Excel skills and familiarity with cost management systems are crucial. Be prepared to discuss your experience with tools like Prism, EcoSys, or SAP, and provide examples of how you've used them in past projects.

✨Understand the Project Lifecycle

Demonstrating your knowledge of the project lifecycle and cost flows is essential. Brush up on NEC contracts and be ready to explain how you’ve managed costs throughout different phases of a project.

✨Prepare for Scenario-Based Questions

Expect questions that assess your problem-solving abilities, especially regarding cost forecasting and change control. Think of specific scenarios where you successfully managed cost impacts and be ready to share those experiences.

✨Emphasise Communication Skills

Strong communication and stakeholder engagement skills are vital for this role. Prepare to discuss how you've effectively collaborated with planning, risk, and commercial teams to ensure full cost integration in previous roles.

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