At a Glance
- Tasks: Develop and manage cost estimates for exciting digital transformation projects.
- Company: Join a leading defence and aerospace company with a commitment to diversity.
- Benefits: Competitive daily rate, hybrid work model, and opportunities for professional growth.
- Other info: Inclusive workplace that values diverse perspectives and offers support throughout the recruitment process.
- Why this job: Make a real impact in project financial management while working on innovative projects.
- Qualifications: Bachelor's degree in Engineering or Finance; experience in cost engineering preferred.
The predicted salary is between 96000 - 96000 £ per year.
Role: Project Cost Engineer
Clearance: Active SC Clearance (mandatory)
Duration: 6 months
Primary Location: Hybrid with some travel either Bristol or Andover office which ever one is closest.
Rate: £400 per day - Outside IR35
Key Responsibilities:
- Cost Estimation and Planning: Develop and maintain detailed cost estimates for all phases of digital transformation projects. Collaborate with project managers, engineers, and stakeholders to establish realistic budgets.
- Budget Management: Monitor project budgets and expenditures, ensuring alignment with financial objectives. Prepare cost forecasts and provide insights into potential variances.
- Cost Control and Reporting: Implement cost control measures to manage project financial performance effectively. Generate detailed cost reports and provide regular updates to project stakeholders.
- Risk and Variance Analysis: Identify and analyze cost risks and variances, recommending mitigation strategies as needed. Conduct sensitivity analyses to evaluate the financial impact of project changes.
- Collaboration and Communication: Work closely with procurement teams, contractors, and suppliers to ensure cost efficiency. Serve as the primary point of contact for cost-related queries and discussions.
- Governance and Compliance: Ensure adherence to defence financial regulations and reporting standards. Maintain accurate and comprehensive documentation of cost management activities.
Qualifications and Experience:
- Education: Bachelor's degree in Engineering, Finance, or a related field. Professional certifications (e.g., CCP, PMP, or AACE) are advantageous.
- Experience: Proven experience in cost engineering, project controls, or financial management within defence, aerospace, or similarly complex sectors. Familiarity with defence-specific cost management standards and practices.
- Technical Skills: Proficiency in cost estimation tools and financial management software. Strong analytical skills and attention to detail.
Reasonable Adjustments: Respect and equality are core values to us. We are proud of the diverse and inclusive community we have built, and we welcome applications from people of all backgrounds and perspectives. Our success is driven by our people, united by the spirit of partnership to deliver the best resourcing solutions for our clients. If you need any help or adjustments during the recruitment process for any reason, please let us know when you apply or talk to the recruiters directly so we can support you.
Locations
Project Cost Engineer in Newport, Wales employer: Sanderson Government and Defence
As a Project Cost Engineer with us, you'll thrive in a dynamic and inclusive work environment that values collaboration and innovation. Our hybrid working model allows for flexibility between home and our Bristol or Andover offices, ensuring a balanced work-life experience. We are committed to your professional growth, offering opportunities for training and development while you contribute to impactful digital transformation projects within the defence sector.
Contact Details:
Sanderson Government and Defence Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Project Cost Engineer in Newport, Wales
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, especially those who work in defence or project management. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by practising common questions related to cost engineering and project management. We recommend using the STAR method (Situation, Task, Action, Result) to structure your answers and showcase your experience effectively.
✨Tip Number 3
Don’t forget to tailor your approach! When you apply through our website, make sure your CV and cover letter highlight your relevant skills and experiences that align with the Project Cost Engineer role. Show us why you're the perfect fit!
✨Tip Number 4
Follow up after interviews! A quick thank-you email can leave a lasting impression. It shows your enthusiasm for the role and keeps you on their radar as they make their decision.
We think you need these skills to ace Project Cost Engineer in Newport, Wales
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Project Cost Engineer role. Highlight your experience in cost estimation and budget management, and don’t forget to mention any relevant certifications you have. 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 this role. Talk about your experience in financial management within complex sectors like defence or aerospace, and how you can contribute to our team. Keep it engaging and professional!
Showcase Your Analytical Skills:Since this role requires strong analytical skills, make sure to include examples of how you've successfully managed budgets and conducted risk analysis in your previous roles. We love seeing real-life applications of your skills, so don’t hold back!
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 to do!
How to prepare for a job interview at Sanderson Government and Defence
✨Know Your Numbers
As a Project Cost Engineer, you'll need to demonstrate your expertise in cost estimation and budget management. Brush up on your financial metrics and be ready to discuss specific examples of how you've developed and maintained cost estimates in previous roles.
✨Showcase Your Collaboration Skills
Collaboration is key in this role, so prepare to talk about your experience working with project managers, engineers, and stakeholders. Think of instances where your communication made a difference in project outcomes and be ready to share those stories.
✨Be Ready for Risk Analysis Questions
Expect questions around risk and variance analysis. Prepare to explain how you've identified cost risks in past projects and the strategies you implemented to mitigate them. Use specific examples to illustrate your analytical skills.
✨Understand Defence Financial Regulations
Since this role involves adherence to defence financial regulations, make sure you're familiar with these standards. Research any relevant compliance issues and be prepared to discuss how you've ensured governance in your previous positions.
