Nuclear Cost Engineer

Nuclear Cost Engineer

Full-Time 45000 - 55000 Β£ / year (est.) No working from home possible
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At a Glance

  • Tasks: Prepare and monitor project budgets, forecasts, and cost reports while ensuring compliance with procedures.
  • Company: Join a leading firm in the nuclear sector focused on complex project management.
  • Benefits: Enjoy competitive salary packages and opportunities for professional development.
  • Other info: Familiarity with earned value management principles is desirable.
  • Why this job: Be a key player in maintaining effective cost control across diverse projects.
  • Qualifications: Experience in Cost Engineering or related roles, with strong analytical skills and Excel proficiency.

The predicted salary is between 45000 - 55000 Β£ per year.

We are seeking a detail-oriented Cost Engineer to support project cost management activities across a range of complex projects. The successful candidate will play a key role in budget preparation, cost forecasting, performance analysis, and financial reporting, helping project teams maintain effective cost control throughout the project lifecycle.

Key Responsibilities

  • Support the preparation, monitoring, and control of project budgets and forecasts.
  • Assist with the implementation and management of change control processes.
  • Ensure compliance with established procedures, processes, and systems to maintain the quality and consistency of project cost data.
  • Monitor project expenditure and performance, including accrual management where required.
  • Contribute to the production of cost reports, highlighting trends, risks, opportunities, and early warnings.
  • Support Schedule Performance Index (SPI) and Cost Performance Index (CPI) variance analysis, including root cause investigations and recovery planning.
  • Assist in the development and maintenance of Project Cost Breakdown Structures (CBS).
  • Support the preparation of cost studies and benchmarking exercises using historical and project data.
  • Analyse project cost and performance trends to provide meaningful insights and recommendations to project management teams.
  • Review resource utilisation, manpower productivity, and project time bookings against planned allocations.
  • Identify resource constraints and support recommendations to optimise project performance.
  • Provide accurate and timely cost information to support project decision-making and reporting requirements.
  • Undertake additional cost engineering and project controls activities as required.

Key Requirements

  • Experience in a Cost Engineering, Cost Control, Project Controls, or related project support role.
  • Strong analytical and numerical skills with excellent attention to detail.
  • Experience working with project budgets, forecasting, cost reporting, and performance analysis.
  • Understanding of earned value management principles, including SPI and CPI analysis.
  • Proficient in Microsoft Excel and project cost management systems.
  • Ability to interpret complex data and present findings clearly to stakeholders.
  • Strong organisational skills with the ability to manage multiple priorities and meet reporting deadlines.
  • Effective communication and stakeholder engagement skills.

Personal Attributes

  • Highly organised and detail-focused.
  • Proactive approach to problem-solving and continuous improvement.
  • Strong team player with the ability to collaborate across project teams.
  • Committed to maintaining high standards of safety, quality, security, and environmental compliance.

Desirable

  • Experience within engineering, construction, infrastructure, defence, energy, or major project environments.
  • Knowledge of project controls methodologies and earned value management techniques.
  • Familiarity with cost management, planning, or enterprise resource planning (ERP) systems.

Nuclear Cost Engineer employer: westlakesrecruit

This company operates in the nuclear industry, offering competitive salaries and professional growth opportunities. The team values safety, quality, and environmental compliance, ensuring a high standard of work.

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Contact Details:

westlakesrecruit Recruitment Team

We think you need these skills to ace Nuclear Cost Engineer

Cost Management
Budget Preparation
Cost Forecasting
Performance Analysis
Financial Reporting
Change Control Processes
Project Cost Breakdown Structures (CBS)