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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 engineering sector.
- Qualifications: Experience in cost management systems and engineering roles is essential.
- Other info: Defence sector experience is a plus!
The predicted salary is between 50000 - 70000 £ per year.
Job Description
A global consultancy is looking for a number of Cost Engineers to join their growing team which works across multiple industries including, but not limited to, civil infrastructure, data centres, defence and energy. The roles are available on a hybrid basis and there are roles available from Engineer through to Manager.
The Role
As a Cost Engineer, you'll be working on projects of varying sizes and complexity and, depending on your level, your responsibilities will 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 of actual costs both for internal and external expenditure against the cost controls structures
You
To succeed as a Cost Engineer within this business you'll need to have strong cost engineering experience across the full project lifecycle of engineering, construction or civil projects. Please note, applications from candidates with an IT background cannot be considered.
The Package
As a Cost Engineer within this business, you'll receive a salary of between £40,000 and £75,000 and other benefits including pension (up to 5% employer contribution), private medical insurance, 25 days' (plus bank holidays) and flexible working. In addition, the company is committed to both training and development along with career progression.
How to apply
This is an excellent opportunity to join a market leader committed to your career development so if you're interested in being considered, please send your CV via the 'Apply Now' button.
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Cost Engineer employer: JAM Recruitment Ltd
Contact Detail:
JAM Recruitment Ltd 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 hands-on experience or even completing relevant online courses can give you a significant edge during the interview process.
✨Tip Number 2
Research the company’s recent projects and their approach to cost engineering. Being able to discuss specific examples of how they manage costs and risks will demonstrate your genuine interest in the role and the organisation.
✨Tip Number 3
Network with professionals in the engineering and cost management fields, especially those who have experience in the Defence sector. Engaging with industry contacts can provide valuable insights and potentially lead to referrals.
✨Tip Number 4
Prepare for behavioural interview questions by reflecting on your past experiences in cost management. Think about specific challenges you've faced, how you addressed them, and the outcomes, as this will help you articulate your problem-solving skills effectively.
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 work you've done in the Defence sector, as this will be viewed favourably.
Craft a Compelling Cover Letter: Write a cover letter that specifically addresses the responsibilities of the Cost Engineer role. Discuss your forecasting abilities, project management skills, and how you handle risks. Show enthusiasm for the company and the hybrid working model.
Highlight Relevant Skills: In your application, clearly outline your experience with corporate finance systems such as SAP and Oracle. Mention any specific projects where you successfully managed costs and schedules, demonstrating your ability to adapt to changing requirements.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects attention to detail, which is crucial for a Cost Engineer role.
How to prepare for a job interview at JAM Recruitment Ltd
✨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 sector, particularly focusing on trends and challenges within the Defence sector. Showing that you understand the industry will impress the interviewers and demonstrate your commitment to the role.
✨Prepare for Scenario-Based Questions
Expect questions that ask you to solve hypothetical project cost issues or manage risks. Practise articulating your thought process and solutions clearly, as this will showcase your analytical skills and problem-solving abilities.
✨Highlight Your Project Management Skills
Be ready to discuss your experience with project scheduling and time allocation. Provide examples of how you've successfully managed project timelines and adjusted plans based on changing requirements.
