First Recruitment Group
Cost Engineer
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Cost Engineer
Location
Reading
Contract Duration
6 month contract
Job Description
Cost Engineering opportunity supporting a major UK infrastructure programme.
Our Client has a requirement for a Cost Engineer, who will be required to work on a contract basis in Reading.
Role Purpose
Maintain and deliver timely and accurate cost data and reports at programme and project level. Support project delivery through performance analysis, earned value management and cost forecasting. Provide meaningful cost intelligence and recommendations to support project execution. Ensure accurate reporting against project governance requirements and reporting cycles.
Job Role Responsibilities
- Liaise with key stakeholders to deliver accurate cost reports, performance analysis and variance reporting.
- Review and interpret cost impacts arising from performance issues, inflation, trends, foreign exchange and formal changes.
- Produce and maintain Estimate at Completion (EAC) data and associated cost reports.
- Review, accept and integrate supplier cost performance data.
- Support change management processes and assess impacts on cost performance.
- Apply cost data to risk and opportunity management activities.
- Ensure compliance with project governance, cost standards and procedures.
- Assist with developing project codes of accounts and related cost control activities.
- Support estimating and cost control requirements across project disciplines.
- Assist in the preparation and issue of monthly project control reports.
- Maintain a strong understanding of the relationship between cost and schedule performance.
- Support continuous improvement initiatives and project reviews.
- Provide support to Project Controls leadership and wider project teams as required.
- Manage monthly payment applications and invoicing activities.
- Prepare and present cost and performance reports to senior management.
- Support a range of estimating activities when required.
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Experience / Skills / Knowledge / Qualifications
- Bachelor's degree in Engineering, Construction Management or a related discipline, or equivalent relevant experience.
- Current SC Clearance is required.
- Must be eligible to work in the UK and satisfy security screening requirements.
- Experience in project controls, cost engineering or cost management environments.
- Experience of forecasting, statistical analysis, quantity take-offs and financial reporting.
- Knowledge of project financial reporting systems and control account structures.
- Experience of earned value management, progress measurement, forecasting and performance reporting.
- Strong analytical, written and verbal communication skills.
- Proficient in Microsoft Excel, Word and PowerPoint.
- Knowledge of AACE estimating classifications is desirable.
- Understanding of engineering and construction project delivery environments.
- Knowledge of NEC3/NEC4 contract administration.
- Awareness of current industry developments and best practice.
- Previous experience within highly regulated sectors is advantageous.
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Company Information
At First Recruitment Group we understand just how important it is to secure the right people. That is why our Recruitment Consultants always take the time to understand requirements in detail and offer sound advice to both clients and candidates. We actively recruit at all levels and this is a superb opportunity for Cost Engineers looking for new employment.
As part of putting people first, we strive to be an equal opportunities employer and we are always looking to increase the diversity of our workforce, working closely with our clients to ensure everyone is included.
“It took my CV and asked me questions relevant to understanding what kind of jobs to suggest for me. Suggestions were almost perfect. Jobs were exactly what I’ve been looking for.”
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