Cost Engineer

Cost Engineer

London Full-Time 43200 - 72000 £ / year (est.) Home office (partial)
Go Premium
P

At a Glance

  • Tasks: Join our team as a Cost Engineer, managing budgets and supporting project estimates.
  • Company: We're a dynamic construction firm in London, focused on ambitious growth and innovation.
  • Benefits: Enjoy hybrid work options, mentorship opportunities, and a collaborative team environment.
  • Why this job: Be part of exciting projects, develop your skills, and make a real impact in the industry.
  • Qualifications: Proficient in Excel, with a background in civil engineering or commercial operations preferred.
  • Other info: Ideal for those seeking to grow in a supportive and flexible workplace.

The predicted salary is between 43200 - 72000 £ per year.

About the opportunity

We are looking for a Cost Engineer to join our growing team in London at an exciting time, playing a key role in helping us achieve our ambitious growth targets. Supporting one of our key Construction clients in the region, you will be responsible for developing and implementing key procurement and commercial strategies across a range of projects in our business.

In this role you will:

  • Feed into the Senior Cost Engineer and the Head of Estimating on the project to ensure consistency in cost planning & estimating approach set out by the client.
  • Work closely with a Senior Cost Engineer or on your own to produce various cost planning & estimating documentation that can be assured both internally and externally.
  • Provide assurance support to the wider estimating team to produce and develop the price, mentoring and supporting more junior members of the estimating team.
  • Monitor and manage construction budgets through preconstruction including supporting change management.
  • Provide quantification support during cost planning and estimating activities.
  • Support preconstruction and delivery teams in periodically collating benchmarking data.
  • Manage stakeholders to produce the Estimate e.g., planning, procurement etc.
  • Present, negotiate and justify prices produced in an open and honest manner to both senior leaders within the business and/or external customers/partners.

About you

Essential

  • Proficient in the use of Excel and similar software.
  • Excellent client-facing/communications skills.
  • Infrastructure Main Contractor background ideally in the Civil engineering market.
  • Commercial or operational background considered.

Desirable

  • Experienced estimating background using Candy Estimating Software.
  • Experienced estimating background using RIB Cost X Quantification & Estimating Software.
  • Experience of working with the AACE principles of Estimating Class and associated maturity.
  • Mobile and flexible.
  • Chartered by relevant industry-recognised chartership e.g., ICE, CICES, RICS, CIOB Etc.

Cost Engineer employer: PRS

Join our dynamic team in London as a Cost Engineer, where you will be at the forefront of exciting projects and play a pivotal role in driving our ambitious growth targets. We pride ourselves on fostering a collaborative work culture that encourages professional development and mentorship, ensuring that every employee has the opportunity to thrive. With a hybrid working model and a commitment to innovation, we offer a unique environment that values your contributions and supports your career progression.
P

Contact Detail:

PRS Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Cost Engineer

✨Tip Number 1

Familiarise yourself with the key software mentioned in the job description, such as Candy Estimating Software and RIB Cost X. Having hands-on experience or even completing online tutorials can give you a significant edge during interviews.

✨Tip Number 2

Network with professionals in the civil engineering and construction sectors. Attend industry events or join relevant online forums to connect with potential colleagues or mentors who can provide insights into the role and company culture.

✨Tip Number 3

Prepare to discuss your experience with cost planning and estimating in detail. Be ready to share specific examples of how you've managed budgets or supported change management in previous roles, as this will demonstrate your practical knowledge.

✨Tip Number 4

Showcase your communication skills by practising how you would present and justify pricing to stakeholders. Consider role-playing scenarios with friends or colleagues to build confidence in articulating your thought process clearly.

We think you need these skills to ace Cost Engineer

Cost Estimation
Budget Management
Excel Proficiency
Stakeholder Management
Communication Skills
Negotiation Skills
Change Management
Quantification Support
Commercial Awareness
Mentoring and Coaching
Candy Estimating Software
RIB Cost X Software
AACE Estimating Principles
Attention to Detail
Problem-Solving Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in cost engineering and estimating. Emphasise your proficiency in Excel and any experience with Candy Estimating Software or RIB Cost X, as these are key requirements for the role.

Craft a Strong Cover Letter: In your cover letter, explain why you are interested in the Cost Engineer position and how your background aligns with the company's needs. Mention your experience in stakeholder management and your ability to communicate effectively with clients.

Showcase Relevant Skills: Highlight your skills in budget management and change management in your application. Provide specific examples of how you've successfully managed construction budgets or supported estimating activities in previous roles.

Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in cost engineering.

How to prepare for a job interview at PRS

✨Showcase Your Technical Skills

As a Cost Engineer, proficiency in Excel and estimating software is crucial. Be prepared to discuss your experience with these tools and provide examples of how you've used them in past projects.

✨Demonstrate Stakeholder Management

Highlight your ability to manage relationships with various stakeholders. Prepare examples of how you've successfully communicated and negotiated with clients or team members to achieve project goals.

✨Prepare for Technical Questions

Expect questions related to cost planning, budgeting, and estimating methodologies. Brush up on AACE principles and be ready to explain how you apply them in your work.

✨Emphasise Your Mentoring Experience

If you've mentored junior team members, share specific instances where you provided guidance or support. This shows your leadership potential and commitment to team development.

Cost Engineer
PRS
Location: London
Go Premium

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

P
  • Cost Engineer

    London
    Full-Time
    43200 - 72000 £ / year (est.)
  • P

    PRS

    50-100
Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>