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- 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 on major engineering projects.
- Qualifications: Relevant professional qualification and significant experience in cost management.
- Other info: Opportunity for continuous improvement and career growth in a supportive environment.
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 Hunterson office, 2 days remote
Location: Chapelcross Power Station, Annan DG12 6RF
Our client is a leading engineering consultancy that provides services to the nuclear sector.
As a Cost Engineer, you’ll 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 employer: Morson Edge
Contact Detail:
Morson Edge 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 your connections in the engineering and cost management sectors. Attend industry events or webinars, and don’t be shy about asking for introductions. We all know someone who knows someone, so leverage that!
✨Tip Number 2
Prepare for interviews by researching the company and its projects. Understand their values and how they align with your skills as a Cost Engineer. We want you to show them you’re not just another candidate, but the perfect fit for their team!
✨Tip Number 3
Practice your responses to common interview questions, especially those related to cost management and project controls. We recommend doing mock interviews with friends or using online platforms to get comfortable with articulating your experience.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’ve got loads of resources to help you ace the process, so make sure you take advantage of them!
We think you need these skills to ace Cost Engineer
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, and don’t forget to mention any professional qualifications you have!
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 role. Mention specific skills like Earned Value Management and how you've tackled complex cost challenges in the past.
Showcase Your Achievements: When detailing your experience, focus on your achievements rather than just duties. Use numbers and examples to demonstrate how you’ve contributed to projects being delivered on time and within budget.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get you one step closer to joining our team!
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 performance analysis. 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.
✨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 values. Questions about continuous improvement initiatives or mentoring opportunities can be particularly relevant.
