Cost Engineer - London
Cost Engineer - London

Cost Engineer - London

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our team as a Cost Engineer, managing budgets and supporting project estimates.
  • Company: Be part of a dynamic consulting firm in London, driving growth in the construction sector.
  • Benefits: Enjoy flexible working options and opportunities for professional development.
  • Why this job: Make an impact in a collaborative environment while developing your skills in cost engineering.
  • Qualifications: Proficient in Excel, with strong communication skills and a background in civil engineering.
  • Other info: Ideal for those seeking to grow their career in a supportive and innovative team.

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

We are looking for a Cost Engineer to join a growing team for one of our consulting clients in London at an exciting time, playing a key role in helping them 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 - London employer: PRS

Join a dynamic and innovative team in London as a Cost Engineer, where you will be at the forefront of exciting projects within the construction sector. Our company fosters a collaborative work culture that prioritises employee growth through mentorship and professional development opportunities, ensuring you can thrive in your career. With competitive benefits and a commitment to work-life balance, we offer a unique environment that values your contributions and supports your ambitions.
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Contact Detail:

PRS Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Cost Engineer - London

✨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

Brush up on your Excel skills, focusing on advanced functions and data analysis techniques. Being able to demonstrate your proficiency in Excel during discussions will show that you're ready to handle the technical aspects of the role.

✨Tip Number 3

Network with professionals in the civil engineering and cost estimating fields. Attend industry events or join relevant online forums to connect with others who may provide insights or even referrals for the position.

✨Tip Number 4

Prepare to discuss your experience with stakeholder management and how you've successfully communicated pricing strategies in previous roles. Real-life examples will help illustrate your capabilities and fit for the team.

We think you need these skills to ace Cost Engineer - London

Cost Planning
Estimating Techniques
Excel Proficiency
Stakeholder Management
Change Management
Budget Monitoring
Commercial Awareness
Client-Facing Communication
Mentoring Skills
Quantification Support
Candy Estimating Software
RIB Cost X Software
AACE Estimating Principles
Flexibility and Mobility
Chartered Status (ICE, CICES, RICS, CIOB)

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Cost Engineer role. Emphasise your proficiency in Excel, client-facing communication skills, and any experience in civil engineering or estimating software.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention specific projects or experiences that demonstrate your ability to manage construction budgets and support change management.

Highlight Relevant Software Experience: If you have experience with Candy Estimating Software or RIB Cost X, make sure to mention it. Detail how you've used these tools in past roles to enhance your cost planning and estimating capabilities.

Showcase Stakeholder Management Skills: In your application, provide examples of how you've successfully managed stakeholders in previous roles. This could include presenting and negotiating prices or collaborating with various teams to produce estimates.

How to prepare for a job interview at PRS

✨Showcase Your Technical Skills

Make sure to highlight your proficiency in Excel and any estimating software you’ve used, such as Candy or RIB Cost X. Be prepared to discuss specific examples of how you've applied these tools in past projects.

✨Demonstrate Stakeholder Management Experience

Since the role involves significant stakeholder management, come ready with examples of how you've successfully communicated and negotiated with clients or team members in previous roles. This will show your ability to handle the interpersonal aspects of the job.

✨Prepare for Questions on Cost Planning

Expect questions related to cost planning and estimating methodologies. Brush up on AACE principles and be ready to explain how you’ve implemented these in your work, as this will demonstrate your technical knowledge and practical experience.

✨Exhibit Your Flexibility and Adaptability

The job requires a mobile and flexible approach, so be prepared to discuss instances where you've adapted to changing project requirements or worked across different teams. This will illustrate your readiness to thrive in a dynamic environment.

Cost Engineer - London
PRS
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