Cost Engineer

Cost Engineer

Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Monitor and report project costs, ensuring financial accuracy and efficiency.
  • Company: Join a leading civil engineering contractor on a major nuclear project.
  • Benefits: Be part of a high-profile scheme shaping the UK's energy future.
  • Why this job: Play a key role in a £600m project with real impact on energy sustainability.
  • Qualifications: Experience in cost control for large-scale projects and strong analytical skills.
  • Other info: Dynamic work environment with a commitment to diversity and inclusion.

The predicted salary is between 36000 - 60000 £ per year.

Do you have proven experience managing cost control on major civil engineering or infrastructure projects? Are you confident using cost management systems and producing detailed cost reports for high-value projects?

Are you ready to play a key role in one of the UK’s most significant nuclear infrastructure projects? Due to major investment and expansion, our client – a leading civil engineering contractor – is delivering a £600m nuclear project in West Cumbria. This is a rare opportunity to join a high-profile scheme that will shape the future of the UK’s energy sector.

As Cost Controller, you’ll be at the heart of financial governance, ensuring cost efficiency and accuracy across a complex, multi-disciplinary project.

Your duties and responsibilities:

  • Monitor, track, and report project costs against budgets and forecasts
  • Prepare and maintain cost reports, variance analyses, and cash flow projections
  • Support project managers with cost-related insights into decision-making
  • Ensure compliance with contractual and regulatory requirements
  • Liaise with procurement and commercial teams to validate cost data
  • Identify risks and opportunities to optimize project financial performance
  • Assist in change management and cost impact assessments

Qualifications & experience:

  • Proven experience as a Cost Controller on large-scale civil engineering or infrastructure projects.
  • Strong understanding of cost management principles and project controls.
  • Proficiency in cost control software and MS Excel.
  • Excellent analytical and communication skills.

Desirable:

  • Knowledge of NEC contracts.
  • Experience in the nuclear sector or other highly regulated environments.
  • Degree in Quantity Surveying, Finance, or related discipline.

The setting for the role: You’ll be based in West Cumbria, working on-site as part of a collaborative project team delivering one of the UK’s most complex and high-value nuclear projects. Expect a dynamic environment where precision, compliance, and innovation are key.

Millbank Holdings Ltd is an equal opportunities employer committed to creating an inclusive and diverse workforce. We welcome applications from all suitably qualified individuals, regardless of background, and encourage candidates from underrepresented groups to apply.

We are proud to be a member of the Disability Confident Scheme, and we are committed to ensuring an accessible and supportive recruitment process for everyone. If you require any adjustments at any stage, please let us know and we’ll do our best to accommodate.

Millbank operates as both an Employment Agency and an Employment Business.

Cost Engineer employer: Millbank Holdings Ltd

Millbank Holdings Ltd is an exceptional employer, offering a unique opportunity to work on one of the UK's most significant nuclear infrastructure projects in West Cumbria. With a strong commitment to employee growth and a collaborative work culture, we provide comprehensive support for professional development while ensuring a diverse and inclusive environment. Join us to be part of a pioneering team that values precision, compliance, and innovation in delivering high-value projects.
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Contact Detail:

Millbank Holdings Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Cost Engineer

✨Tip Number 1

Network like a pro! Reach out to industry contacts, attend events, and join relevant online groups. The more people you know in the civil engineering and nuclear sectors, the better your chances of landing that Cost Engineer role.

✨Tip Number 2

Show off your skills! Prepare a portfolio showcasing your cost management successes and detailed reports from previous projects. This will give potential employers a clear picture of what you can bring to their £600m nuclear project.

✨Tip Number 3

Practice your interview skills! Get comfortable discussing your experience with cost control software and how you've tackled challenges in past projects. Confidence is key when you're aiming for a high-profile position.

✨Tip Number 4

Apply through our website! We make it easy for you to submit your application directly, ensuring it gets seen by the right people. Plus, you'll be part of a company that values diversity and inclusion in the workplace.

We think you need these skills to ace Cost Engineer

Cost Control
Cost Management Systems
Detailed Cost Reporting
Budget Monitoring
Variance Analysis
Cash Flow Projections
Analytical Skills
Communication Skills
Proficiency in MS Excel
Knowledge of NEC Contracts
Change Management
Risk Identification
Project Financial Performance Optimization
Experience in Nuclear Sector

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Cost Engineer role. Highlight your experience with cost control on major projects and any relevant software skills. We want to see how your background aligns with what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your skills can contribute to our exciting nuclear project. Keep it concise but impactful – we love a good story!

Showcase Relevant Experience: When filling out your application, be sure to showcase your experience in civil engineering or infrastructure projects. Mention specific examples of how you've managed costs and supported project managers in decision-making. We’re keen to see your expertise!

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss any important updates. Plus, it’s super easy – just a few clicks and you’re done!

How to prepare for a job interview at Millbank Holdings Ltd

✨Know Your Numbers

Make sure you brush up on your cost management principles and be ready to discuss specific examples from your past projects. Being able to talk confidently about how you've managed budgets, tracked costs, and produced reports will show that you're the right fit for the role.

✨Familiarise Yourself with NEC Contracts

Since knowledge of NEC contracts is desirable for this position, take some time to understand their key features and implications. This will not only help you answer questions more effectively but also demonstrate your commitment to understanding the industry standards.

✨Prepare for Scenario Questions

Expect to face scenario-based questions where you'll need to showcase your analytical skills and decision-making process. Think of situations where you identified risks or optimised financial performance, and be ready to explain your thought process clearly.

✨Showcase Your Team Spirit

This role involves liaising with various teams, so highlight your collaborative experiences. Be prepared to discuss how you've worked with project managers, procurement, and commercial teams in the past to ensure compliance and accuracy in cost reporting.

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