At a Glance
- Tasks: Manage project costs and budgets for exciting digital transformation projects.
- Company: Dynamic defence sector company with a focus on innovation and collaboration.
- Benefits: Competitive daily rate, hybrid work model, and opportunities for professional growth.
- Other info: Inclusive workplace that values diversity and supports all applicants.
- Why this job: Play a key role in shaping project financials and driving impactful change.
- Qualifications: 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.
Project Cost Engineer 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
✨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
Showcase your skills with a portfolio! If you’ve worked on relevant projects, gather examples of your cost estimates, budgets, and reports. This will give potential employers a clear view of what you can bring to the table.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love hearing from candidates who are genuinely interested in joining our diverse and inclusive community.
We think you need these skills to ace Project Cost Engineer
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. We love a good story!
Showcase Your Technical Skills:Don’t shy away from showcasing your technical skills in cost estimation tools and financial management software. We’re keen on seeing how you can leverage these tools to manage project budgets effectively. Be specific about your proficiency!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and keep track of it. Plus, you’ll get to see more about our company culture and values while you’re at it!
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 requirements and be prepared to discuss how you've ensured governance in your previous positions.
