Senior Cost Engineer in Reading

Senior Cost Engineer in Reading

Reading Full-Time 60000 - 80000 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Support projects with expert cost engineering and data analysis.
  • Company: Join a leading organisation focused on innovative infrastructure solutions.
  • Benefits: Competitive salary, professional development, and a collaborative work environment.
  • Other info: Opportunity for career growth and to make a real impact in the industry.
  • Why this job: Be a key player in driving cost management and improving project outcomes.
  • Qualifications: Background in cost engineering, strong analytical skills, and team collaboration.

The predicted salary is between 60000 - 80000 £ per year.

This role is within the Central function functional infrastructure rather than actually delivering in a project.

Implement appropriate procedures, processes and systems to ensure the quality and consistency of data.

Provide expert cost engineering support across the organisation, acting as a centre of excellence for cost forecasting, analysis, trend identification and cost performance insight.

Drive the development and embedding of cost management processes, tools and guidance, contributing to continuous improvement and increased maturity of cost engineering capability.

Act as a trusted advisor and critical friend to delivery teams and leadership, providing proportionate challenge and assurance to support investment, prioritisation and confidence in cost positions.

Support capability development within the cost engineering community, including coaching, mentoring and promotion of professional standards and good practice.

Maintain and promote high personal standards in environment, safety, health, security and quality and be a great team player.

Essential:

  • Standard Cost engineering background in engineering, construction, economics.
  • Strong numerical and analytical skills.
  • Functional background.
  • Tracking manpower productivity and analysing time booked to projects including resource usage vs. planned, resource constraints, etc. and make any relevant recommendations to the Project Manager.

Description:

A senior member of the Business Management sub-function providing and delivering cost engineering capability in support of projects.

Key Accountabilities:

  • Implement appropriate procedures, processes and systems to ensure the quality and consistency of data.
  • Task manage capacity and deployment of Business Management team members in support of Group Leaders.
  • Prepare, monitor and control forecasts and budgets for specified projects, including change control.
  • Interrogate systems and performance to ascertain actual expenditure and project accruals as needed.
  • Preparation of cost reports, including trend analysis and early warnings where necessary.
  • Perform and support other Cost Engineer requirements as requested.
  • Maintain and promote high personal standards in environment, safety, health, security and quality and be a great team player.

Key Responsibilities:

  • Conduct full and detailed SPI, CPI variance analysis and subsequent root cause analysis, followed by provision of narrative, recommendations & recovery planning in accordance with monthly reporting timescales.
  • Establish the Project Cost Breakdown Structure (CBS) and lead on the preparation of cost studies utilising historical data.
  • Developing benchmarking information to meet specific needs.
  • Provide trended data to the Project Manager based on performance to date and emerging trends including making recommendations.
  • Tracking manpower productivity and analysing time booked to projects including resource usage vs. planned, resource constraints, etc. and make any relevant recommendations to the Project Manager.

Senior Cost Engineer in Reading employer: Radiant Systems Europe

As a Senior Cost Engineer within our Central function, you will thrive in a dynamic work culture that prioritises collaboration and continuous improvement. We offer exceptional employee growth opportunities through coaching and mentoring, alongside a commitment to maintaining high standards in safety and quality. Located in a vibrant area, our organisation fosters a supportive environment where your expertise in cost engineering will be valued and recognised, making it an excellent place for meaningful and rewarding employment.

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Contact Details:

Radiant Systems Europe Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Cost Engineer in Reading

Tip Number 1

Network like a pro! Reach out to your connections in the engineering and construction sectors. Attend industry events or webinars where you can meet potential employers and showcase your expertise in cost engineering.

Tip Number 2

Prepare for interviews by brushing up on your analytical skills. Be ready to discuss how you've implemented cost management processes in the past and how you can contribute to continuous improvement in our organisation.

Tip Number 3

Showcase your coaching and mentoring abilities! During interviews, highlight instances where you've supported team members in developing their skills, as this aligns with our focus on capability development within the cost engineering community.

Tip Number 4

Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're serious about joining our team and contributing to our mission of delivering top-notch cost engineering support.

We think you need these skills to ace Senior Cost Engineer in Reading

Cost Engineering
Numerical Skills
Analytical Skills
Data Quality Assurance
Cost Forecasting
Trend Analysis
Cost Performance Insight

Some tips for your application 🫡

Tailor Your CV:Make sure your CV speaks directly to the Senior Cost Engineer role. Highlight your experience in cost engineering, data analysis, and any relevant projects you've worked on. We want to see how your skills align with what we're looking for!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our team. Mention specific examples of how you've implemented cost management processes or provided expert support in previous roles. We love a good story!

Show Off Your Analytical Skills:Since this role requires strong numerical and analytical skills, make sure to showcase these in your application. Include any relevant tools or methodologies you’ve used for cost forecasting and analysis. We’re keen to see your thought process!

Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves. Plus, it’s super easy!

How to prepare for a job interview at Radiant Systems Europe

Know Your Numbers

As a Senior Cost Engineer, you'll need to demonstrate your strong numerical and analytical skills. Brush up on key metrics like SPI and CPI variance analysis, and be ready to discuss how you've used these in past projects. Prepare examples that showcase your ability to track productivity and make recommendations based on data.

Showcase Your Expertise

This role requires you to act as a centre of excellence for cost forecasting and analysis. Be prepared to talk about the procedures and systems you've implemented in previous roles to ensure data quality and consistency. Highlight any tools or processes you've developed that contributed to continuous improvement in cost management.

Be a Team Player

The job emphasises high personal standards and teamwork. Think of examples where you've acted as a trusted advisor or provided support to delivery teams. Discuss how you've coached or mentored others in the cost engineering community, and how you promote professional standards and good practices.

Prepare for Scenario Questions

Expect questions that assess your problem-solving abilities. Prepare for scenarios where you might need to conduct root cause analysis or provide recovery planning. Practise articulating your thought process and the steps you would take to address challenges related to cost performance and resource constraints.