At a Glance
- Tasks: Manage project costs and ensure timely delivery of energy projects.
- Company: Join Turner & Townsend, a leader in sustainable project management.
- Benefits: Flexible working environment, career growth, and a commitment to diversity.
- Other info: Be part of a supportive team driving positive change in the industry.
- Why this job: Make a real impact in the energy sector while developing your skills.
- Qualifications: Experience in cost engineering and strong communication skills required.
The predicted salary is between 50000 - 65000 £ per year.
At Turner & Townsend we’re passionate about making the difference – we are committed to delivering Sustainable Net Zero outcomes for our clients, helping our people to realize 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.
Due to increased opportunities and demand in the Energy & Natural Resources division, the South 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 senior cost engineering experience to see what Turner & Townsend can offer you. Candidates will be required to be present in our client office in Bridgewater for 3 days per week.
Main Purpose of Role
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 Senior 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 & reports.
- Demonstrate leadership whilst developing technical ability of delivery and cost control team.
Requirements and Qualifications
- You have 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 a detailed understanding of Earned Value Management (EVM), progress reporting, forecasting and performance reporting and analysis and can coordinate and work with other teams utilising your multi-disciplinary knowledge.
- You will be a strong communicator, able to demonstrate leadership behaviours with the ability to influence, manage, motivate, coach and develop a team by fostering a diverse and inclusive environment.
- You promote empowerment and contribution and have a passion to build a community and support network beyond your delivery role.
- Will be able to obtain BPSS level security clearance.
- Are a member of a relevant professional body e.g., Association for Project Management, Project Management Institute.
- Are familiar with different cost performance reporting and cost forecasting techniques.
- Have experience leading Cost Control Assurance activities as part of project performance cadence.
- Understand how other aspects of Project Controls (Scheduling, Risk Management, Reporting, Change Control) interact with Cost Control is desirable.
- Have excellent verbal and written communication skills.
- Have the ability to make risk-based decisions where the parameters are unclear, and judgement is needed.
- Have strong leadership skills with the ability to mobilise, inspire and lead by example.
- Have strong stakeholder management experience.
- Can navigate through conflict situations and defuse tension.
- Have a desire to work within the nuclear sector.
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.
Cost Engineer - Project Controls - Energy Projects in Cowfold employer: Turner-
Turner & Townsend is an exceptional employer, dedicated to fostering a diverse and inclusive work environment where every employee can thrive. With a strong commitment to sustainability and professional development, we offer our Cost Engineers the opportunity to work on impactful energy projects in Bridgewater, while enjoying a healthy work-life balance and access to continuous growth opportunities within a supportive team culture.
StudySmarter Expert Advice🤫
We think this is how you could land Cost Engineer - Project Controls - Energy Projects in Cowfold
✨Tip Number 1
Network like a pro! Reach out to your connections in the energy sector, especially those who work at Turner & Townsend. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Prepare for the interview by brushing up on your cost engineering knowledge. Be ready to discuss how you've tackled complex projects and managed costs effectively. We want to see your passion for delivering sustainable outcomes!
✨Tip Number 3
Showcase your leadership skills during the interview. Talk about times when you've influenced teams or navigated conflicts. Remember, we’re looking for someone who can inspire and guide others in a diverse environment.
✨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, it shows you’re serious about joining our team at Turner & Townsend.
We think you need these skills to ace Cost Engineer - Project Controls - Energy Projects in Cowfold
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in cost engineering and project controls. We want to see how your skills align with the role, so don’t hold back on showcasing your relevant achievements!
Show Your Passion:Let us know why you’re excited about working in the energy sector and how you can contribute to sustainable outcomes. A genuine enthusiasm for the industry can really make your application stand out!
Be Clear and Concise:When writing your application, keep it straightforward and to the point. Use clear language to describe your experience and skills, as this will help us quickly understand your fit for the role.
Apply Through Our Website:We encourage you to submit your application through our website. It’s the best way to ensure your application gets to the right people and is considered promptly. Plus, it’s super easy to do!
How to prepare for a job interview at Turner-
✨Know Your Numbers
As a Cost Engineer, you’ll need to be on top of your game with numbers. Brush up on your cost control techniques and be ready to discuss specific examples of how you've managed budgets and forecasts in past projects. This will show your potential employer that you can handle the financial aspects of their energy projects.
✨Understand the Project Lifecycle
Familiarise yourself with the entire project lifecycle, especially in the context of energy projects. Be prepared to talk about how different phases interact and how your role as a Cost Engineer fits into the bigger picture. This knowledge will demonstrate your comprehensive understanding of project controls.
✨Showcase Your Leadership Skills
Turner & Townsend values strong leadership, so think of examples where you've led a team or influenced stakeholders. Highlight your ability to motivate and develop others, as well as how you’ve navigated conflicts in previous roles. This will help you stand out as a candidate who can drive results.
✨Prepare for Technical Questions
Expect technical questions related to Earned Value Management (EVM) and cost forecasting techniques. Brush up on these concepts and be ready to explain how you’ve applied them in real-world scenarios. This preparation will show that you’re not just familiar with the theory but can also implement it effectively.