At a Glance
- Tasks: Manage project budgets, monitor costs, and ensure financial compliance on exciting engineering projects.
- Company: Join NRL Group, a leader in connecting talent with innovative engineering solutions.
- Benefits: Competitive pay, diverse work environment, and opportunities for professional growth.
- Other info: Dynamic role with a focus on teamwork and career advancement.
- Why this job: Be part of impactful projects that contribute to a cleaner, greener future.
- Qualifications: Experience in cost control and a relevant qualification in Cost Engineering or Quantity Surveying.
The predicted salary is between 54090 - 66110 £ per year.
- Cost Engineer (PMO Cost Specialist - Intermediate)
- Contract Duration: 26 weeks
- Working Pattern: Full-time, site-based - 66 hours per week
- Shift Pattern: 11 shifts on / 3 shifts off
- Clearance
Requirement: Candidates must be eligible for SC Clearance.
They may start on BPSS, provided SC clearance is in progress.
All applicants must have lived and worked in the UK for the past 5 years.
Certification Requirement: Valid CSCS or ECS card required prior to starting.
Job
Purpose: As an Intermediate Cost Engineer (PMO Cost Specialist), you will support non-complex projects by applying cost control, budgeting, change management, and financial oversight.
You’ll be responsible for developing and managing project scopes and budgets, monitoring costs, and ensuring project alignment with commercial and contractual requirements - under the supervision of senior project controls personnel.
Key Responsibilities Top 5 Major Tasks and Activities
- Develop, implement, and maintain Project Baseline Budgets including Control Account Plans, WBS Dictionary, and Responsibility Assignment Matrix (RAM).
- Monitor, control, and validate project accruals, commitments, and resource/financial forecasts.
- Manage and control cost risk budgets and provide input to risk management processes.
- Lead financial change management and ensure compliance with business and contractual requirements.
- Deliver internal and external cost reports, including earned value and variance analysis.
- Additional Responsibilities
- Align cost control with schedule and contractual requirements.
- Maintain cost elements within ERP systems.
- Act as key financial liaison with client and project accountant.
- Support project setup, estimates, and commercial forecasting.
- Manage change registers, control accounts, booking codes, and payment claims.
- Ensure cost-loaded schedules are in place and updated.
- Perform what-if cost modelling, EAC reviews, and financial analysis.
- Support lessons learned and project close-out processes.
- Deliverables
- Performance Measurement Baseline
- WBS Dictionary & Cost Breakdown Structure (CBS)
- Control Account Plans & RAM
- EVM/Cost Reports & Forecasts
- Payment Claims and Outturns
- Change, Risk, and Opportunity Register Contributions
- Required Experience & Qualifications Experience
- Extensive cost control experience within a complex, regulated or high-security industry.
- Strong understanding of EVM, forecasting, estimating, and budgeting.
- Familiarity with project lifecycle from bid to close-out.
- Exposure to contracting methodologies (e. g., NEC, FIDIC, JCT).
- Experience with quantitative risk analysis and cost risk budgeting.
Qualifications
- HNC or equivalent in Cost Engineering, Quantity Surveying, or related discipline (required).
- ECITB QCF Level 5 Diploma (or equivalent) in Cost Engineering.
- Professional membership (e. g., APM, Acost E, RICS) preferred.
- Bachelor’s degree in engineering, construction/project management is desirable.
Certifications
- CSCS or ECS card (mandatory for site access).
About NRLThe NRL Group connect global companies with the right people to bring engineering projects to life.
Supporting contracting companies with energy transition plans and working with our clients to create a cleaner, greener future.
We welcome applications from every walk of life and are committed to diversity within the industries we support, as a certified Inclusive Recruiter and Armed Forces friendly employer.
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Senior Cost Specialist employer: NRL
NRL is an exceptional employer that prioritises employee development and fosters a collaborative work culture. As a Fitter, you will benefit from comprehensive training opportunities, a commitment to continuous improvement, and the chance to contribute to innovative projects in a dynamic environment. Located in a thriving industrial area, NRL offers a supportive atmosphere where your skills can flourish, ensuring both personal and professional growth.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Cost Specialist
✨Join Engineering Meetups!
Get yourself along to local engineering meetups or tech conferences. These are great places to connect with like-minded folks and industry leaders who might just have a lead on that full-time Senior Cost Specialist role you’re after at NRL.
✨Show Off Your Projects!
Don’t be shy about showcasing your engineering projects. Whether it’s a funky app, a mechanical design, or a complex algorithm, having a solid portfolio on platforms like GitHub can really make you stand out. Plus, it gives potential employers at NRL a taste of what you can bring to the table!
✨Engage with Online Communities
Dive into engineering forums and online communities, like Reddit or specific engineering Discord channels. Sharing your insights, asking questions, and being active can help you build connections that might lead to job opportunities at NRL.
✨Apply Through Company Websites
When you spot a role like Senior Cost Specialist at NRL, apply directly through their website. Often, this can show your genuine interest in the company and you might just get noticed quicker than via typical job boards.
We think you need these skills to ace Senior Cost Specialist
Some tips for your application 🫡
Showcase Your Technical Expertise:When applying for an engineering role like Senior Cost Specialist, it’s essential to highlight your technical skills. Include any relevant software or tools you're proficient in on your CV—think CAD software, simulation tools, or programming languages. Don't skimp on any engineering projects you've worked on that demonstrate your ability to solve complex problems.
Focus on Results and Impact:In the engineering world, we love numbers and real-world impact. Quantify your achievements wherever possible—like reducing costs by a certain percentage, improving efficiency, or successfully completing a project ahead of schedule. This gives your future employers at NRL a clear picture of the value you can bring.
Craft a Compelling Cover Letter:Use your cover letter to express your passion for engineering and explain why you’re drawn to NRL specifically. Share what aspects of their work excite you and how your values align with theirs. This is your chance to show a bit of personality while keeping it professional!
Include Relevant Certifications:If you have any engineering certifications, especially ones that are recognised in your field, make sure to feature them prominently on your CV. They demonstrate not just your knowledge, but also your commitment to professional development, which is something we at StudySmarter value highly.
How to prepare for a job interview at NRL
✨Brush Up on Core Engineering Principles
Before heading into the interview with NRL, make sure you're solid on the fundamental engineering principles relevant to the role. Be ready to discuss concepts such as thermodynamics, fluid mechanics, or structural analysis, depending on the specifics mentioned in the job description. Don’t skip any hands-on projects or coursework; these can be excellent talking points!
✨Show Off Your Problem-Solving Skills
Expect technical questions or case studies during your interview—after all, engineering is all about solving problems! Prepare a few examples of how you've tackled engineering challenges in the past, whether at university or in any practical experience. Practising with mock technical interviews can really help you articulate your thought process and solutions.
✨Relate Your Experience to the Role
In a full-time role, employers like NRL want to see that you can adapt and grow within their team. Be ready to discuss how your previous internships, projects, or studies relate directly to the work you'll be doing. Highlight specific experiences that showcase your collaborative skills and how you've successfully worked within a team environment.
✨Know Your Tools and Software
Most engineering roles require familiarity with specific tools and software. Prepare to talk about your proficiency with programmes like AutoCAD, MATLAB, or SolidWorks if they’re relevant to the role. Even better, have examples of projects where you’ve used these tools, as it'll demonstrate your hands-on experience and readiness for the job.