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- Tasks: Manage project costs and ensure effective budget control for exciting nuclear industry projects.
- Company: Join NSG Environmental, a leader in the nuclear sector with over 40 years of experience.
- Benefits: Enjoy competitive pay, overtime opportunities, life assurance, and professional development support.
- Why this job: Make a real impact in a dynamic environment while honing your financial management skills.
- Qualifications: Degree level education or AAT qualified; experience in financial performance management is essential.
- Other info: Be part of a supportive team that values passion, integrity, and collaboration.
The predicted salary is between 36000 - 60000 £ per year.
NSG Environmental Ltd has been delivering work programmes in the nuclear industry for over 40 years. Traditionally in the areas of decommissioning and waste management, NSG now has a broad customer base and provides a wide spectrum of services across the nuclear project lifecycle, ranging from expert consultancy support, R&D and engineering design to rekit and refurbishment, site installation services and high-hazard physical decommissioning works, amongst others. This work is delivered at NSG’s own offices and purpose-built facilities and nuclear sites across the UK. The delivery and management of these projects and programmes of work is carried out by a skilled workforce composed of both white-collar and blue-collar personnel in technical, administrative, and physical roles. Our core values of Passion, Integrity, Challenge and Collaboration drive performance and ensure we add significant value. If joining us as a member of staff, we will support your professional development in an exciting and challenging work environment that will enable you to use, develop and hone your technical expertise in a supportive and collaborative working environment.
The Role
To provide a comprehensive and effective cost control and reporting service. To provide cost management, oversight and reporting service for the contract to enable the effective management of expenditure and provide oversight of the budget. Manage the timely collection of data to support on-going budget control and forecasting. To safely provide cost control management support to the Project Manager in delivering successful projects, product or integrated solutions to time, scope in a cost-effective way.
Key Objectives
- Cost Management Project Controls
- To comply with project controls procedures, processes and systems to ensure that quality and consistency of data is maintained.
- To contribute to improving the quality and performance of cost control processes and systems.
- To assist in the preparation of Change Control procedures, and subsequent implementation.
- To work closely with the Planning Engineering to ensure costings for project plans are accurate.
- To assist in the keeping of records for change control, trends and the maintenance of trend / change log.
- Assist the Project Team in the day to day management of Project Control activities.
- To be responsible for monthly and ad hoc reporting on behalf of the Project Team and / or Head of Cost Engineering and Estimating.
- To perform any other Project Control duties as and when required by the Project Manager and / or Director.
- Project Cost Management
- To interrogate the Business System to ascertain the actual expenditure against critical areas, and provide entries for accruals where needed.
- To be responsible for the preparation of monthly cost reports, identifying critical areas, and providing trend analysis and early warning to the Project Team and / or Project Services Function.
- Ensure budgets are controlled within authorised funding limits and in accordance with financial procedures.
- Monitor trends monthly, provide analysis to the Project Team and invoke the project change control invoked procedure where required.
- Project Reviews
- To assist in the preparation of on-going project reviews and provide advice on corrective actions.
- To identify variances and develop the appropriate mitigation strategies for recommendation to the Project Team.
- Technical Competency and Development
- Actively participate in continuous improvement of the company, department, personnel and self.
- Formulate and manage own personal training plan and development activity with the Project Manager.
Person Specification
Qualifications
- Educated to degree level, AAT qualified or equivalent - essential
- Membership of appropriate technical / professional body - desirable
- IOSH Managing Safely or Level 2 Health & Safety in the Workplace or equivalent - Relevant training will be provided if required
Experience & Knowledge
- Knowledge of Major Projects, Change Control procedures and management - essential
- Experience of managing Financial Performance - essential
- Experience of planning and controlling work to Project Control Procedures - essential
- Managing and retrieving information - essential
- Producing and presenting information to high standards - essential
- Reporting requirements and report writing - essential
- Used to dealing with confidential and commercial information - desirable
- Familiar with integrated management system operating procedures and requirements etc - desirable
Skills & Abilities
- Competent user of MS Office - essential
- Able to organise and prioritise own work - essential
- Excellent negotiating, listening and influencing abilities - essential
- Leadership and team working skills within own area and across the business - essential
- Management of deadlines and delivery to schedule - essential
- Able to deal with multiple issues, tasks and priorities concurrently - essential
- Maintenance of database and physical records and files - desirable
- Ability to communicate with a wide range of colleagues at all levels and with external stakeholders and contractors - desirable
- Knowledge of ISO 9001 / 14001 & 45001 - desirable
Package
- Overtime – 37.5-60 hours per week – Time and half
- Overtime – 60+ hours per week or Sundays – Double time
- Life Assurance 3x Salary
- Pension – Company contributes 5%, Individual contributes 4%
- Discretionary bonus
- 187.5 hours per year holiday allowance
- Professional memberships covered
NSG Environmental are a Disability Confident Committed Employer
Cost Engineer employer: NSG Environmental Ltd
Contact Detail:
NSG Environmental 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 people in the nuclear industry, especially those at NSG Environmental. A friendly chat can open doors and give you insights that a job description just can't.
✨Tip Number 2
Prepare for interviews by brushing up on your cost management knowledge. Be ready to discuss how you've handled budgets and project controls in the past. Show us you're the right fit for our collaborative environment!
✨Tip Number 3
Don’t just wait for job openings—create your own opportunities! If you see a project or area where you think you could add value, reach out directly through our website and pitch your ideas.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can keep you top of mind. Plus, it shows your enthusiasm for the role and our company values of Passion and Integrity.
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 relevant experience and skills that match the job description, especially in cost management and project controls. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about working with us at NSG Environmental Ltd. Share specific examples of your past experiences that align with our core values of Passion, Integrity, Challenge, and Collaboration.
Showcase Your Technical Skills: Don’t forget to highlight your technical competencies, especially your proficiency with MS Office and any relevant project control systems. We’re looking for someone who can hit the ground running, so make sure we know what you bring to the table!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at NSG Environmental Ltd
✨Know Your Numbers
As a Cost Engineer, you'll need to demonstrate your understanding of cost management and financial performance. Brush up on key financial metrics and be ready to discuss how you've managed budgets in previous roles. Use specific examples to showcase your experience with cost control and reporting.
✨Familiarise Yourself with Project Controls
Make sure you understand the project controls procedures and systems mentioned in the job description. Be prepared to discuss how you've contributed to improving cost control processes in past projects. This shows that you can not only follow procedures but also enhance them.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific situations related to cost management and project reviews. Think about potential variances you might encounter and how you would develop mitigation strategies. Practising these scenarios will help you articulate your thought process during the interview.
✨Show Your Collaborative Spirit
NSG Environmental values collaboration, so be ready to share examples of how you've worked effectively within a team. Highlight your communication skills and how you've engaged with various stakeholders to achieve project goals. This will demonstrate that you're a good fit for their culture.