Cost Engineer- Central Belt- Energy & Natural Resources in Glasgow

Cost Engineer- Central Belt- Energy & Natural Resources in Glasgow

Glasgow Full-Time 40000 - 50000 € / year (est.) Home office (partial)
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At a Glance

  • Tasks: Support project teams by managing costs and ensuring projects meet financial targets.
  • Company: Join Turner & Townsend, a leader in the Energy & Natural Resources sector.
  • Benefits: Flexible working environment, career growth opportunities, and a focus on work-life balance.
  • Other info: Opportunity to work with a supportive team during significant growth.
  • Why this job: Be part of a diverse team driving innovation in the nuclear industry.
  • Qualifications: Experience in cost engineering and strong Excel skills required.

The predicted salary is between 40000 - 50000 € per year.

Full-time Department: Energy and natural resources

Why Turner & Townsend? At Turner & Townsend our award-winning Controls & Performance team is focused on driving innovation, enhancing our client’s integrated controls capability, improving performance, and delivering better programme outcomes. We have a growing national team of over 600 Controls & Performance professionals. The breadth and scale of our team provides great opportunities to reach back and draw upon a vast pool of experience to enhance your knowledge and career. Our strong capability, discipline communities and varied client base, provides a great opportunity to drive your career, supported by our career pathways.

Due to increased opportunities and demand in the Energy & Natural Resources division, the North West team are recruiting for Cost Engineers to join a diverse and supportive team during a period of significant growth. Our nuclear client is at the forefront of industry leading change, and we are keen to speak to like-minded individuals with cost engineering experience to see what Turner & Townsend can offer you. Candidates will be required to be present in our client office in Warrington for 3 days per week.

Main Purpose of Role: A Cost Engineer will be required to support the team and their senior cost engineers for work packages and projects of varying size and complexity. Due to the nature of the programme of works, work packages may vary in size with Cost Engineers working across smaller projects or ones which could be significantly larger in value. A Cost Engineer will be responsible for the delivery of accurate and timely project information relating to performance against the project baseline. The cost engineer would drive the cost performance reporting for the project including all Earned Value Management metrics associated with key project commitments and expenditures. They play a key role in ensuring that client objectives are met and that projects are delivered to time and cost targets and the appropriate quality standards.

Key Accountabilities: As a Cost Engineer, you have a passion to provide services as required by our clients, which may include:

  • Development of project cost control data structures to accurately track and control actual costs
  • Map and integrate cost estimates to the Work Breakdown Structure, in order to set the project budget against the correct Work Packages, Planning Packages and Control Accounts
  • Establishing and setting the project control budget aligned with agreed baselines
  • Tracking actual costs both for internal and external expenditure against the cost control structures
  • Tracking and controlling project accruals and commitments against set budget constraints
  • Adherence to NEC or FIDIC contract processes for management, control and reporting of cost data
  • Building project forecasts to include estimate to complete (ETC) and the development of the estimate at completion (EAC)
  • Accurate and timely reporting of all project information including Earned Value Management
  • Tracking project contingency and exposure associated with risk events and remaining risks on the project
  • Tracking project change control to ensure alignment with agreed baselines and control data structures
  • Tracking key project trends which can inform future change controls
  • Supporting the change process by providing cost information for change notes and underpin forecasts
  • Working with the project team to set out and implement cost capture requirements, including ensuring appropriate Work Orders (WO) are in place, structure of requisitions, aligning Purchase Order (PO) structure with WO’s and ensuring subcontract data provided can be used to monitor and control costs
  • Monitoring contingency requirements and liaising with Project Team regarding contingency management
  • Quantifying cost implications of emergent/additional project work and feeding into relevant documentation where requested (e.g., change control documentation)

Qualifications: Professional Project Controls experience, specialising in Cost Engineering/Control in one or more sectors across the whole Project lifecycle. While nuclear experience is desirable it is not an absolute requirement. You have excellent Excel skills and are conversant with cost management systems, including interface with corporate finance systems such as SAP and Oracle. Experience in working to cost engineering procedures and processes, and the ability to define project cost procedures and standards which the project and/or programme will adhere to.

Additional qualifications:

  • Ability to obtain BPSS level security clearance
  • Member of a relevant professional body e.g., Association for Project Management, Project Management Institute
  • Familiar with different cost performance reporting and cost forecasting techniques
  • Good verbal and written communication skills
  • Good research and analytical skills
  • Stakeholder management experience
  • Experience working within a Project Controls team
  • Desire to work within the nuclear sector

Benefits: We provide a great place to work, where each person has the opportunity and voice to affect change. We want our people to succeed both in work and life. That is why we promote a healthy, productive and flexible working environment that respects work-life balance.

Equal Opportunity Statement: Turner & Townsend is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees and actively encourage applications from all sectors of the community.

Cost Engineer- Central Belt- Energy & Natural Resources in Glasgow employer: Turner & Townsend Plc.

Turner & Townsend is an exceptional employer, offering a dynamic and inclusive work environment where employees are empowered to drive innovation and enhance their careers. With a strong focus on professional development and a supportive team culture, particularly in the Energy & Natural Resources sector, employees benefit from flexible working arrangements and the opportunity to engage with industry-leading projects. Located in Warrington, our team thrives on collaboration and diversity, making it an ideal place for Cost Engineers looking to make a meaningful impact.

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Contact Detail:

Turner & Townsend Plc. Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land Cost Engineer- Central Belt- Energy & Natural Resources in Glasgow

Tip Number 1

Network like a pro! Reach out to professionals in the Energy & Natural Resources sector on LinkedIn. Join relevant groups and engage in discussions. You never know who might have a lead on a Cost Engineer role!

Tip Number 2

Prepare for interviews by researching Turner & Townsend's projects and values. Tailor your answers to show how your cost engineering experience aligns with their goals. This will help you stand out as a candidate who truly gets what they’re about.

Tip Number 3

Practice your pitch! Be ready to explain your past projects and how you’ve tackled cost control challenges. Use specific examples that highlight your skills in Earned Value Management and project forecasting.

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 the team at Turner & Townsend.

We think you need these skills to ace Cost Engineer- Central Belt- Energy & Natural Resources in Glasgow

Cost Engineering
Project Controls
Earned Value Management
Cost Control Data Structures
Budget Management
NEC or FIDIC Contract Processes
Cost Forecasting Techniques

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Cost Engineer role. Highlight your relevant experience in cost engineering and any specific projects you've worked on that align with the Energy & Natural Resources sector.

Craft a Compelling Cover Letter:Your cover letter should tell us why you're passionate about this role and how your skills can contribute to our team. Be sure to mention your familiarity with cost management systems like SAP or Oracle, as well as your Excel prowess!

Showcase Your Achievements:When detailing your experience, focus on your achievements rather than just responsibilities. Use metrics where possible to demonstrate how you’ve positively impacted project outcomes in previous roles.

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 ensures you’re considered for the role promptly!

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

Know Your Numbers

As a Cost Engineer, you'll be dealing with figures all day long. Brush up on your Excel skills and be ready to discuss how you've used cost management systems in the past. Be prepared to share specific examples of how you tracked costs or managed budgets in previous projects.

Understand the Project Lifecycle

Familiarise yourself with the entire project lifecycle, especially in the Energy & Natural Resources sector. Be ready to talk about how you’ve contributed to different phases of a project, from planning to execution, and how you ensured adherence to cost control procedures.

Showcase Your Communication Skills

Good verbal and written communication is key in this role. Prepare to demonstrate how you've effectively communicated complex cost data to stakeholders in the past. Think of examples where your communication made a difference in project outcomes.

Research Turner & Townsend

Before the interview, dive into Turner & Townsend’s recent projects and their approach to cost engineering. Understanding their values and how they drive innovation will help you align your answers with what they’re looking for, showing that you're genuinely interested in being part of their team.