Cost Engineer- Energy and Natural Res...
Cost Engineer- Energy and Natural Res...

Cost Engineer- Energy and Natural Res...

Full-Time 50000 - 65000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Support project teams with cost systems and provide accurate financial reports.
  • Company: Join a leading firm in energy and natural resources with a focus on innovation.
  • Benefits: Flexible working environment, professional growth opportunities, and a commitment to work-life balance.
  • Other info: Diverse and inclusive workplace that values every employee's contribution.
  • Why this job: Make a real impact by identifying cost-saving opportunities in exciting projects.
  • Qualifications: Experience in cost engineering and strong Excel skills are essential.

The predicted salary is between 50000 - 65000 £ per year.

As a Cost Engineer, you will provide services required by our clients, including:

  • Support the Cost Lead with the implementation of appropriate cost systems, procedures and working templates.
  • Provide timely and accurate cost information to project teams, reporting on EAC, ETC, ACWP and comparison to the baseline.
  • Monitor project expenditures and ensure they align with the budget.
  • Prepare detailed financial reports and present them to stakeholders.
  • Assist the Cost Lead in executing cost re‑baseline exercises, forecast and budget updates as appropriate.
  • Undertake analyses of Project Cost information to support Programme objectives, including earned value and trend analysis.
  • Work closely with project managers to identify cost‑saving opportunities.

Qualifications:

  • Professional Project Controls experience specialising in Senior Cost Engineering across multiple stages of the Project lifecycle.
  • Ability to coordinate and work with other teams, with basic multidisciplinary knowledge.
  • Knowledge and proficiency with Cost engineering and forecasting tools such as PRISM, EcoSys, Cobra.
  • Degree in a relevant technical or management field or suitable equivalent qualifications and experience.
  • Member of a relevant professional body (e.g., Association for Project Management, Project Management Institute).
  • Excellent Excel and Microsoft Office skills.
  • Strong communication skills to convey cost and performance information to peers and managers.

Benefits & Working Environment:

We provide a healthy, productive and flexible working environment that respects work‑life balance and supports professional growth. SOX control responsibilities may be part of this role, which are to be adhered to where applicable. Turner & Townsend is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Cost Engineer- Energy and Natural Res... employer: Turner & Townsend Plc.

Turner & Townsend is an exceptional employer, offering a dynamic and inclusive work culture that prioritises professional growth and work-life balance. As a Cost Engineer in the Energy and Natural Resources sector, you will benefit from a supportive environment that encourages collaboration and innovation, while also providing access to advanced cost engineering tools and resources. With a commitment to diversity and equal opportunity, Turner & Townsend fosters a workplace where every employee can thrive and contribute meaningfully to impactful projects.
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Contact Detail:

Turner & Townsend Plc. Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Cost Engineer- Energy and Natural Res...

✨Tip Number 1

Network like a pro! Reach out to professionals in the energy and natural resources sector on LinkedIn. Join relevant groups, engage in discussions, and don’t be shy to ask for informational interviews. You never know who might have the inside scoop on job openings!

✨Tip Number 2

Prepare for those interviews! Research common questions for Cost Engineer roles and practice your answers. Be ready to discuss your experience with cost systems and tools like PRISM or EcoSys. Show them you’re not just a fit on paper but also in person!

✨Tip Number 3

Tailor your approach! When you find a job that excites you, make sure to highlight your relevant skills and experiences in conversations. Use specific examples of how you've supported project teams and identified cost-saving opportunities in past roles.

✨Tip Number 4

Don’t forget to apply through our website! We love seeing applications directly from candidates who are genuinely interested in joining us. Plus, it gives you a chance to showcase your enthusiasm for the role right from the start!

We think you need these skills to ace Cost Engineer- Energy and Natural Res...

Cost Engineering
Project Controls
Cost Systems Implementation
Financial Reporting
Budget Management
EAC (Estimate at Completion)
ETC (Estimate to Complete)
ACWP (Actual Cost of Work Performed)
Earned Value Analysis
Trend Analysis
Cost Forecasting Tools (PRISM, EcoSys, Cobra)
Microsoft Excel
Microsoft Office
Communication Skills
Multidisciplinary Coordination

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Cost Engineer role. Highlight your experience with cost systems and project controls, and don’t forget to mention any relevant tools like PRISM or EcoSys that you’ve used.

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. Mention specific projects where you've successfully managed costs and how you can bring that expertise to our team.

Showcase Your Communication Skills: Since strong communication is key in this role, make sure to demonstrate your ability to convey complex cost information clearly. Use examples from your past experiences where you effectively communicated with stakeholders.

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 get you on our radar!

How to prepare for a job interview at Turner & Townsend Plc.

✨Know Your Numbers

As a Cost Engineer, you'll be dealing with a lot of financial data. Brush up on key metrics like EAC, ETC, and ACWP before the interview. Being able to discuss these concepts confidently will show that you understand the core responsibilities of the role.

✨Familiarise Yourself with Tools

Make sure you're well-versed in cost engineering tools like PRISM, EcoSys, and Cobra. If you have experience using these tools, be ready to share specific examples of how you've used them to manage costs effectively in past projects.

✨Prepare for Scenario Questions

Expect questions that ask how you would handle specific cost-related scenarios. Think about times when you've identified cost-saving opportunities or dealt with budget overruns. Use the STAR method (Situation, Task, Action, Result) to structure your answers.

✨Show Your Team Spirit

Collaboration is key in this role, so be prepared to discuss how you've worked with project managers and other teams in the past. Highlight your communication skills and give examples of how you've successfully conveyed complex cost information to non-financial stakeholders.

Cost Engineer- Energy and Natural Res...
Turner & Townsend Plc.

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