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- Tasks: Manage project costs, budgeting, and financial reporting in the Oil & Gas sector.
- Company: Join Prism Connect, a leading company in the Oil & Gas industry based in Aberdeen.
- Benefits: Enjoy competitive pay, work-life balance, and opportunities for career development.
- Why this job: Be part of large-scale projects in a supportive environment with a strong engineering heritage.
- Qualifications: Experience in Cost Engineering and relevant qualifications in engineering or finance are preferred.
- Other info: Open to both staff and contract positions.
The predicted salary is between 43200 - 72000 £ per year.
Prism Connect is seeking a dedicated Contract Cost Engineer to join our client\’s team within the renewables sector. Based in Edinburgh, this role involves overseeing project costs, budgeting, and financial control to ensure the effective management of resources and adherence to project budgets. The successful candidate will be responsible for analysing costs, preparing reports, and liaising with project teams to optimise financial efficiency. This position offers a unique opportunity to contribute to key projects within a private company environment with a close-knit team of 36-65 employees.
- Proven experience as a cost engineer, cost controller, or quantity surveyor in a relevant industry.
- Strong understanding of cost estimation, budgeting, and financial planning for renewables or oil & gas projects.
- Excellent analytical skills with the ability to interpret complex financial data.
- Ability to prepare detailed reports and present findings to key stakeholders.
- Proficiency in industry-standard software and tools related to cost management.
- Good communication skills and ability to work collaboratively in a team environment.
- Knowledge of local regulations and standards relevant to the renewables or oil & gas industry in the UK is desirable.
This role offers a competitive salary package, coupled with comprehensive benefits, including professional development opportunities and a dynamic work environment within the Edinburgh region. Our client values individual contributions and promotes a culture of continuous improvement. This is an excellent chance for a motivated professional to further their career in the renewables and oil & gas sector, offering scope for growth and the opportunity to be involved in significant projects within a stable and privately-owned organisation.
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Cost Engineer employer: Prism Connect Ltd
Contact Detail:
Prism Connect Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cost Engineer
✨Tip Number 1
Network with professionals in the Oil & Gas industry, especially those who are already working as Cost Engineers. Attend industry events or join relevant online forums to connect with potential colleagues and learn about job openings.
✨Tip Number 2
Familiarise yourself with the latest cost management software used in the industry. Being proficient in these tools can set you apart from other candidates and demonstrate your commitment to staying updated with industry standards.
✨Tip Number 3
Prepare to discuss specific projects where you've successfully managed costs. Highlight your analytical skills and any instances where you identified savings opportunities or mitigated overruns, as this will showcase your practical experience.
✨Tip Number 4
Research the company’s recent projects and financial performance. Understanding their operations and challenges will help you tailor your conversations during interviews and demonstrate your genuine interest in contributing to their success.
We think you need these skills to ace Cost Engineer
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in Cost Engineering, particularly within the Oil & Gas sector. Emphasise your skills in project budgeting, cost control, and forecasting techniques.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and how your background aligns with the company's needs. Mention specific projects where you successfully managed costs and improved efficiency.
Highlight Relevant Qualifications: Include any relevant qualifications in engineering, finance, or related fields in your application. This will demonstrate your commitment to the profession and enhance your credibility.
Showcase Communication Skills: Since excellent communication and stakeholder management skills are crucial for this role, provide examples in your application of how you've effectively communicated with project teams and stakeholders in the past.
How to prepare for a job interview at Prism Connect Ltd
✨Showcase Your Industry Knowledge
Make sure to demonstrate your understanding of the Oil & Gas sector during the interview. Discuss recent trends, challenges, and innovations in cost engineering specific to this industry to show that you are well-informed and passionate about the field.
✨Prepare for Technical Questions
Expect questions related to project budgeting, cost control, and forecasting techniques. Brush up on relevant software tools and be ready to discuss how you've used them in past projects to manage costs effectively.
✨Highlight Communication Skills
Since stakeholder management is crucial for this role, prepare examples that showcase your ability to communicate complex financial information clearly. Think of instances where you successfully collaborated with project teams or stakeholders to achieve cost efficiency.
✨Demonstrate Problem-Solving Abilities
Be ready to discuss specific situations where you identified potential cost overruns or savings opportunities. Use the STAR method (Situation, Task, Action, Result) to structure your answers and illustrate your analytical skills.
