At a Glance
- Tasks: Lead cost control for diverse energy projects, ensuring budgets and forecasts are accurate.
- Company: Dynamic energy firm focused on innovative project delivery.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Join a collaborative team with exciting projects and career advancement potential.
- Why this job: Make a real impact in the energy sector while developing your skills in cost management.
- Qualifications: Experience in cost engineering or project controls is preferred.
The predicted salary is between 50000 - 65000 € per year.
A Cost Engineer will be responsible 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 accountable for control of cost on multiple smaller projects or one which could be significantly larger in value. A Cost Engineer will be responsible for taking the lead on cost control for multiple non‑related projects or single highly complex projects within the programme of works. They will understand and manage relationships between time, cost, risk, change, reporting and scope, with accountability for creating and maintaining robust cost controls and reports that provide our clients with accurate data to drive management decisions. They will 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
- Tailoring Cost Control approaches to meet the client’s needs and aligning with best practice.
- Implementing, administering, and maintaining cost control systems and procedures to track project budgets, commitments, expenditures, and forecasts.
- Working with the Integrated Project Team to establish a robust, integrated, well structured, accurate Performance Measurement Baseline (PMB) and support the change control process.
- Development of project Cost Breakdown Structures (CBS), align the time phasing of budgets against the Work Breakdown Structures (WBS), 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.
- Adherence to NEC or FIDIC contract processes for management, control and reporting of cost data.
- Lead the production of accruals to ensure that the Actual Cost of Work Performed (ACWP) is accurately reflected in a timely manner in the cost data.
- Support the change process by providing cost information for change notes and to underpin forecasts.
- Update project forecasts to ensure comprehensive and aligned Estimate To Complete (ETC).
- Work 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 sub contract data provided can be used to monitor and control costs.
- Align Purchase Orders with CBS to give clarity of Cost Performance Indices at an appropriate level within the Project.
- Validate and interrogate supply chain data to assist in accurate cost forecasting and trending and work with the supply chain to understand variances, drive cost accuracy and timely and accurate reporting.
- Ability to interact with Management / Leadership members when delivering updates on Cost Control within a complex project/programme environment.
- Ability to guide and influence whilst delivering to cost control processes, on complex projects/programmes along with all associated processes.
Cost Engineer - Project Controls - En... in Warrington employer: Turner & Townsend Plc.
As a leading employer in the energy and natural resources sector, we offer Cost Engineers a dynamic work environment where innovation meets collaboration. Our commitment to employee growth is reflected in our tailored training programmes and opportunities for advancement within complex projects, ensuring that you not only contribute to impactful energy solutions but also develop your career in a supportive culture that values excellence and integrity.
StudySmarter Expert Advice🤫
We think this is how you could land Cost Engineer - Project Controls - En... in Warrington
✨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and understanding their projects. Tailor your responses to show how your skills as a Cost Engineer align with their needs. Practice common interview questions and think of examples that highlight your experience in cost control and project management.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Mention something specific from your conversation to remind them why you’re a great fit for the role.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for talented Cost Engineers like you. Keep an eye on our listings and make sure your application stands out by showcasing your relevant experience and skills.
We think you need these skills to ace Cost Engineer - Project Controls - En... in Warrington
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience with cost control and project management. We want to see how you've handled budgets and forecasts in past roles, so don’t hold back on those details!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the Cost Engineer role. Share specific examples of how you've successfully managed costs and met client objectives in previous projects.
Showcase Relevant Skills:Highlight skills that align with the job description, like your ability to manage relationships between time, cost, and risk. We love seeing candidates who can demonstrate their understanding of NEC or FIDIC contract processes!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Turner & Townsend Plc.
✨Know Your Cost Control Basics
Make sure you brush up on the fundamentals of cost control systems and procedures. Be ready to discuss how you've implemented or maintained these in past projects, as this will show your understanding of the role's key responsibilities.
✨Demonstrate Your Project Management Skills
Prepare examples that highlight your experience with managing multiple projects simultaneously. Talk about how you've tailored cost control approaches to meet client needs and how you’ve aligned budgets with Work Breakdown Structures (WBS).
✨Be Ready for Technical Questions
Expect questions about NEC or FIDIC contract processes and how they relate to cost management. Familiarise yourself with these contracts and be prepared to explain how you've adhered to them in your previous roles.
✨Show Your Communication Skills
Since you'll need to interact with management and project teams, practice articulating complex cost data clearly and concisely. Think of examples where you've successfully communicated updates or influenced decisions based on your cost control insights.
