At a Glance
- Tasks: Manage project costs, forecasts, and performance analysis to ensure timely delivery.
- Company: Leading engineering consultancy in the nuclear sector with a focus on innovation.
- Benefits: Competitive hourly rate, hybrid working, and long-term contract until February 2027.
- Why this job: Join a dynamic team and make a real impact in cost management for major projects.
- Qualifications: Relevant qualifications in cost engineering and experience in project-based environments.
- Other info: Gain BPSS Clearance and enjoy opportunities for professional growth.
The predicted salary is between 104000 - 156000 £ per year.
Long-Term Contract (Until February 2027)
Rate: £55.60 per hour
Working hours: 4 days per week (37.5 hours total)
Hybrid working: 2 days based in Suffolk office, 2 days remote
Location: Sizewell A, Suffolk
Our client is a leading engineering consultancy that provides services to the nuclear sector.
As a Cost Engineer, you will provide comprehensive cost management support — including cost forecasting, performance analysis, change control, and post-contract cost activities — ensuring projects are delivered on time, on budget, and to the highest standard.
Key Responsibilities
- Report to the Project Manager for service delivery and to the Function Lead for functional standards.
- Participate in project reviews, audits, and self-assessments to maintain compliance.
- Prepare and manage project change controls and baseline management.
- Establish and implement effective cost capture, coding, and reporting structures (Work Orders, POs, CBS).
- Align project controls with contractual obligations, driving improvements where needed.
- Manage time bookings, charge codes, and resource tracking for accurate cost allocation and forecasting.
- Track manpower productivity and provide actionable insights to project leadership.
- Conduct post-contract cost management activities including payment certifications, Compensation Events (CE), and contract close-out.
- Validate and analyse supply chain cost data to support accurate forecasting.
- Prepare and maintain ETC, ACWP, and CPI reports.
- Support Value Engineering studies and cost efficiency initiatives.
- Prepare and maintain Baseline Change Proposals (BCP), sanction proposals, and Basis of Estimate (BoE) documentation.
- Participate in cost studies and benchmarking exercises.
- Contribute to continuous improvement through knowledge sharing, mentoring, and training within the project controls team.
Education / Qualifications:
- Relevant professional qualification (e.g. ACMA, ACostE Incorporated, or equivalent experience)
- Membership of a relevant professional body (e.g. ACostE, AACE, RICS)
Experience / Knowledge:
- Significant experience in a project-based environment
- Strong background in cost engineering, management accounting, or cost management
- Demonstrable knowledge of Earned Value Management (EVM) and reporting techniques
- Experience with post-contract administration (NEC, ICE, JCT, FIDIC)
- Solid understanding of risk management, cost/schedule integration, and performance analysis
- Skilled in identifying, analysing, and solving complex project cost challenges
Please note, all candidates will gain BPSS Clearance prior to starting.
For more information, please contact Scarlet Wilson.
Cost Engineer in Birmingham employer: Morson Edge
Contact Detail:
Morson Edge Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cost Engineer in Birmingham
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and understanding their projects. Tailor your answers to show how your skills in cost management and project controls align with their needs.
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or use online resources to get comfortable discussing your experience in cost engineering and problem-solving.
✨Tip Number 4
Don’t forget to apply through our website! It’s straightforward and ensures your application gets the attention it deserves. Plus, we love seeing candidates who take that extra step!
We think you need these skills to ace Cost Engineer in Birmingham
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Cost Engineer role. Highlight your relevant experience in cost management and project-based environments. We want to see how your skills align 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 the perfect fit for this position. Share specific examples of your past work that relate to the responsibilities listed in the job description.
Showcase Your Qualifications: Don’t forget to mention your professional qualifications and memberships. If you have any relevant certifications, like ACMA or ACostE, make sure they stand out. We love seeing candidates who are committed to their professional development!
Apply Through Our Website: Remember, applying through our website is the best way to ensure your application gets noticed. Just scroll down and click on 'Apply' to get started. We can’t wait to see what you bring to the table!
How to prepare for a job interview at Morson Edge
✨Know Your Numbers
As a Cost Engineer, you'll need to demonstrate your understanding of cost management principles. Brush up on key metrics like Earned Value Management (EVM) and be ready to discuss how you've applied these in past projects. This shows you’re not just familiar with the theory but can also implement it effectively.
✨Showcase Your Experience
Prepare specific examples from your previous roles that highlight your experience in cost forecasting, change control, and post-contract activities. Use the STAR method (Situation, Task, Action, Result) to structure your answers, making it easier for the interviewer to see your impact.
✨Understand the Company and Sector
Research the engineering consultancy and its role in the nuclear sector. Familiarise yourself with their recent projects and challenges they might face. This will help you tailor your responses and show genuine interest in the company’s work and values.
✨Ask Insightful Questions
Prepare thoughtful questions about the role, team dynamics, and project expectations. This not only demonstrates your enthusiasm but also helps you gauge if the company culture aligns with your career goals. For instance, ask about their approach to continuous improvement and how they support professional development.