Cost Engineer

Cost Engineer

Full-Time 51750 - 63250 £ / year (est.) No working from home possible
P

At a Glance

  • Tasks: Manage costs and forecasts for major energy projects while collaborating with diverse teams.
  • Company: Global construction consultancy focused on Energy & Natural Resources.
  • Benefits: Flexible working, professional development, and a supportive team environment.
  • Other info: Opportunities for growth and mentorship in a collaborative setting.
  • Why this job: Join a dynamic team and shape your career in cost engineering on impactful projects.
  • Qualifications: Experience in cost engineering or control, strong Excel skills, and teamwork abilities.

The predicted salary is between 51750 - 63250 £ per year.

Due to continued growth and increased project demand, an established global construction consultancy is looking to appoint Cost Engineers at various levels to its Energy & Natural Resources team. Opportunities are available for professionals ranging from Cost Engineer through to Senior and Associate Director levels, with responsibilities and package ownership tailored to experience.

The roles will require regular attendance on site (3 days per week) in Teesside, supporting package engagement, progress alignment, cost reviews and coordination with the wider project team.

Youll provide package-level cost management, forecasting and performance analysis across major project scopes. Depending on your level of experience, youll take responsibility for individual packages or broader areas of project cost performance, ensuring cost information is robust, current and aligned with progress, commercial assurance, QS inputs and forecast outturn reporting. Youll work closely with Planning, Commercial, Quantity Surveying, Construction, Contractor and Subcontractor teams, providing clear visibility across actual costs, forecasts, commitments, change, trends, variances and emerging cost risks.

For more experienced hires, there will also be greater responsibility for challenging forecasts, providing cost assurance, managing stakeholder relationships and supporting the development of less experienced members of the team.

What Were Looking For

Were interested in speaking with Cost Engineering professionals at different stages of their careers. Relevant experience could include:

  • Cost engineering or cost control on major construction or capital programmes
  • Cost forecasting, reporting and variance analysis
  • Forecast to Complete (FTC) and Forecast at Completion (FAC) reviews
  • Contractor and Subcontractor cost and progress reporting
  • Package-level cost management
  • Cost and programme/progress alignment
  • Construction delivery and commercial interfaces
  • Change and early-warning cost assessment
  • Cost risk identification and escalation
  • Working within integrated Project Controls teams
  • Strong Excel and cost reporting capabilities
  • A good understanding of construction delivery, commercial interfaces and contract administration
  • Experience within Oil & Gas, petrochemical, clean energy, energy transition, power, utilities or heavy industrial projects would be particularly relevant.

Desirable Experience

Depending on the level youre applying for, experience in the following would be advantageous:

  • Experience working within FIDIC, NEC, reimbursable or target cost contract environments
  • Client-side cost assurance or cost verification
  • AFP reviews and cost audits
  • Disallowed cost identification and commercial assurance
  • Power BI or integrated project controls reporting
  • Cost management systems and dashboards
  • Buildings, HV, M&E, Civil or Utilities packages
  • Leading package-level cost reviews
  • Challenging Contractor forecasts and cost submissions
  • Mentoring or supporting junior Cost Engineering professionals

Why Consider It?

These opportunities suit Cost Engineers who want to work on complex, major Energy & Natural Resources programmes while remaining close to project delivery. Whether youre developing your Cost Engineering career or already operating at a senior level, the scope can be shaped around your experience, with opportunities to take on increasingly complex packages and greater levels of responsibility. Youll join an established Project Controls environment where Cost, Planning, Commercial and Construction teams work closely together. The organisation supports professional development, flexible working and an inclusive working environment.

Cost Engineer employer: Pegasus Search & Selection

Join a leading global construction consultancy in Teesside, where you will be part of a dynamic Energy & Natural Resources team dedicated to delivering complex projects. With a strong focus on professional development and an inclusive work culture, this role offers tailored responsibilities based on your experience, ensuring meaningful contributions to major programmes while fostering your career growth. Enjoy the benefits of flexible working arrangements and collaboration with diverse teams, making it an excellent place for Cost Engineers to thrive.

P

Contact Details:

Pegasus Search & Selection Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Cost Engineer

Join Construction Networks

Get yourself involved in local construction networks or industry events. They often have job boards, and networking can lead to unadvertised positions. Plus, it’s a great way to meet potential future colleagues!

Show Off Your Skills on Site

If you’ve done any hands-on work, whether it's through internships or personal projects, make sure you can showcase it. Consider volunteering for local construction projects or getting involved in community build days; it’s a solid way to demonstrate your skills and build connections.

Utilise Construction Job Sites

Don't just rely on the big job boards. Look at niche construction job sites—many companies prioritise these for full-time roles. Apply through these sites, but don’t forget to reach out directly to companies you admire, like Pegasus Search & Selection, to express your interest!

Tailor Your Application for Full-Time Roles

Make your application stand out by tailoring it specifically for full-time positions. Highlight how your previous projects align with the company's work. At StudySmarter, we encourage you to demonstrate your commitment and long-term interest in the industry when applying for roles like Cost Engineer at Pegasus Search & Selection.

We think you need these skills to ace Cost Engineer

Cost Management
Cost Forecasting
Performance Analysis
Variance Analysis
Cost Control
Stakeholder Relationship Management
Change Assessment

Some tips for your application 🫡

Showcase Your Relevant Experience:In the construction industry, it's essential to highlight any hands-on experience you have. Whether it’s past projects you've worked on or specific roles you've held, make sure your CV emphasises your practical skills and contributions to construction sites.

Include Certifications and Qualifications:Don’t forget to list any certifications relevant to construction, like CSCS cards or other safety qualifications. These can really set you apart from other candidates and show that you’re serious about health and safety on-site.

Tailor Your Cover Letter to Construction:When writing your cover letter for a construction role, focus on your problem-solving capabilities and teamwork. Construction relies heavily on collaboration, so mention how you’ve worked successfully with others to complete projects on time and within budget.

Adapt Your CV Format to the Field:Ensure your CV is clear and easy to read, with sections dedicated to skills such as project management, technical abilities, and site supervision. Construction roles often require a blend of technical know-how and soft skills, so make sure both are highlighted effectively.

How to prepare for a job interview at Pegasus Search & Selection

Brush Up on Technical Knowledge

For a construction role, it's crucial we have a solid grasp of industry standards, safety protocols, and specific tools used on-site. Make sure you're familiar with relevant regulations and can talk confidently about them, as these often come up in interviews.

Showcase Your Projects

Since this is a full-time position, be ready to discuss any previous construction projects you've worked on. Bring a portfolio or have detailed descriptions that highlight your role, the challenges you faced, and how you overcame them—this’ll show you’re not just book-smart but also practically savvy.

Understand the Team Dynamics

Construction is all about teamwork, so prepare to discuss how you interact with different stakeholders like architects, engineers, and contractors. Maybe think of examples from past experiences to illustrate your ability to communicate and collaborate effectively.

Prepare for On-the-Spot Problem Solving

Be ready for some practical questions or scenarios where you'll need to demonstrate your problem-solving skills. Interviewers might present you with a hypothetical construction issue to solve, so practice articulating your thought process clearly and logically—this could really set you apart!