At a Glance
- Tasks: Manage project costs and provide guidance to Cost Engineers for major projects.
- Company: Join PD&MS Group, a leader in engineering solutions for the energy industry.
- Benefits: Enjoy a flexible work environment with opportunities for professional development.
- Why this job: Make a real impact in the energy sector while developing your career.
- Qualifications: HND or equivalent in a relevant subject with experience in cost management.
- Other info: Be part of a diverse team that values individual strengths and promotes inclusivity.
The predicted salary is between 36000 - 60000 £ per year.
Role Summary: The Senior Cost Engineer is responsible for the effective management, control and reporting of project costs for larger projects in a consistent manner and in accordance with all relevant Company policies and procedures.
Responsibilities:
- Management and provision of guidance and assistance to Cost Engineers
- Work proactively with relevant PRP to ensure that commitments and costs are tracked and controlled
- Provide Cost Engineering service to the contract with responsibility for the accurate Cost Reporting of complete projects or individual elements within major projects
- Work proactively and meet with client representatives
- Generate and maintain accurate cost reports in a format and frequency that provides clear visibility of the status of expenditure against budgets for internal use
- Produce regular cost reports for clients as required by the Contract Agreement or Company requirements detailing CTR and CVO values, client approved PO values, billed to date, committed costs, forecast final costs, as a minimum for external reporting
- Identify variances in project budget and in conjunction with PRP expediently implement corrective actions
- Regularly monitor man-hour expenditure versus budget and physical progress, ensuring potential over-runs are identified and actioned in a timely manner
- In conjunction with the PRP, responsible for the management and expedient recovery of Work in Progress costs
- Maximise sales invoicing on an on-going basis through awareness of project status and billing milestones
- Actively participate in project kick-off and progress meetings
- Review and commercially approve CTRs / CVOs and terms and conditions
- Review and approve client Purchase Orders / PD&MS Contract Review sheets in accordance with contract requirements
- Evaluate outgoing RFQ’s, carry out bid evaluations and provide recommendation for subsequent Purchase Orders in conjunction with the PRP, for 3rd party services
- In conjunction with the PRP review and approve all Purchase invoices ensuring compliance with budget
- Liaise directly with Finance to ensure sales invoices are prepared and issued in a timely manner and resolve invoicing queries
- Proactive in the provision of improvement proposals to streamline the invoicing / cost reporting process
- Establish and maintain close working relationships with Finance, Procurement, Planning and Commercial Teams
- Proactively identify and highlight areas of concern or commercial risks to Commercial Manager
- Responsible for ensuring professional development is maintained and identified competency requirements are undertaken in a timely manner
- Adherence to the Company Integrated Management System
Benefits:
About You
Qualifications:
- HND or equivalent in a relevant subject
Experience / Competence:
- Competent in the use of MS applications
- Demonstrable experience in similar projects
- Proficient in reviewing and interpreting plans and schedules
- Demonstrable People Management experience
- Excellent written and spoken English
Personal Attributes:
- Go the extra mile
- Empower our people
- Never get complacent
- Engage our partners
- Step up and deliver
If this sounds like you, then you could be a perfect fit.
About Us
PD&MS has been engineering solutions in the energy industry and beyond since 2002, our ability to combine innovative ideas with technical expertise sets us apart. A flexible, full-service provider committed to supporting the energy transition, we deliver high-quality project work across the entire lifecycle of assets within the oil and gas, renewables and nuclear sectors.
We firmly believe in a work culture in which: individual differences are a source of collective strength and pride; everybody can perform to the best of their abilities and on a level playing field; and all colleagues feel they’re part of our team and their voices will be heard. We’re already heartened by the diversity within our organisation, but we recognise that there’s always more we can do to improve further. We welcome applications from all persons regardless of race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran or disability status.
We’re energised by the prospect of operating successfully today, tomorrow and far into the future. But we’re also driven to ensure that our business activities are conducted in socially responsible, morally acceptable and sustainable ways.
Senior Cost Engineer employer: PD&MS Group
Contact Detail:
PD&MS Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Cost Engineer
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, especially those who work at PD&MS or similar companies. A friendly chat can sometimes lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by researching common questions for Senior Cost Engineer roles. We recommend practising your answers with a friend or in front of a mirror to boost your confidence and ensure you come across as knowledgeable and enthusiastic.
✨Tip Number 3
Showcase your skills during the interview! Bring examples of your past work, especially any cost reports or project management successes. This will help demonstrate your expertise and how you can add value to PD&MS.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression and shows that you’re genuinely interested in the role. Plus, it’s a great opportunity to reiterate why you’d be a perfect fit for the team.
We think you need these skills to ace Senior Cost Engineer
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Cost Engineer role. Highlight relevant experience and skills that match the job description, especially your cost management expertise and people management experience.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for this role. Share specific examples of how you've successfully managed project costs in the past and how you can bring that experience to PD&MS.
Showcase Your Technical Skills: Since the role requires proficiency in MS applications, make sure to mention any relevant software or tools you've used in your previous roles. This will show us that you're ready to hit the ground running!
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 as soon as possible. Don’t miss out!
How to prepare for a job interview at PD&MS Group
✨Know Your Numbers
As a Senior Cost Engineer, you'll need to demonstrate your expertise in cost management. Brush up on key metrics and be ready to discuss how you've successfully managed project budgets in the past. Prepare specific examples that highlight your ability to track costs and implement corrective actions.
✨Understand the Company Culture
PD&MS values diversity and teamwork, so make sure you understand their work culture. Be prepared to discuss how you can contribute to a collaborative environment and how your personal attributes align with their values. Show them you're not just a fit for the role, but for the team as well.
✨Prepare for Technical Questions
Expect technical questions related to cost engineering and project management. Review relevant MS applications and be ready to explain how you've used them in previous roles. Familiarise yourself with common cost reporting formats and be prepared to discuss how you ensure accuracy in your reports.
✨Engage with the Interviewers
During the interview, actively engage with your interviewers. Ask insightful questions about their projects and challenges they face. This shows your genuine interest in the role and helps you assess if PD&MS is the right fit for you. Remember, interviews are a two-way street!