Senior Cost Engineer - Energy in London

At Turner & Townsend we are passionate about making the difference – we are committed to delivering Sustainable Net Zero outcomes for our clients, helping our people to realise their potential, and doing our part to create a prosperous society. The world is changing, and we have a responsibility to support that change, helping drive it and be part of it. Through the commitment, capability and care our team brings, we build trust between clients, suppliers, governments, and society. Delivering better outcomes that have a positive impact on the world around us. We work smarter to face the challenges of the future; bringing the clarity that helps teams realise their full potential across the real estate, infrastructure, and natural resources sectors.

Due to increased opportunities and demand in the Energy & Natural Resources division, the North West team are recruiting for Senior 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 senior cost engineering experience.

Main Purpose of Role

A Senior Cost Engineer will be responsible for work packages and projects of varying size and complexity. 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 WOs 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 & reports.
• Demonstrate leadership whilst developing technical ability of delivery and cost control team.

Additional Information

Our inspired people share our vision and mission. 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. To support this we promote a healthy, productive and flexible working environment that respects work-life balance. 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.