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Wood

Senior Cost Engineer

Barnard Castle
Posted about 17 hours ago
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The role

The preparation and reporting of project cost budgets, and the tracking, management and reporting of project expenditure to enable robust control of projects throughout their lifecycle.

Working within client office, responsible for the development of project budgets, the tracking of actual and forecasted costs and the generation of cost reports, ensuring they are prepared to the required level of detail and accuracy and accordance with contractual requirements and Wood policies, procedures and standards.

Supports in the management of project budgets, actual and forecast costs, and the preparation and filing of project cost documentation.

May act as the focal point for several project scopes.

Responsible for identifying areas of best practise and driving continuous improvement within the Cost team.

Why join Integrated Engineering Solutions?

The Integrated Engineering Solutions business, which sits within the Operations area of Wood, can offer a wide range of opportunities which will allow you to develop your skills across a portfolio of onshore projects in different sectors. Our current portfolio includes green hydrogen and fuel switching, as well as supporting local clients with energy transition. Additionally, we work on UK refineries, petrochemical facilities, fine chemicals and pharmaceutical facilities. We have a number of clients who we are working with to design their pilot plants to test exciting new technologies, with a view to partnering with them as they move to design and build full scale commercial facilities.

Reasons to use Rodeo

I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?

Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.

Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.

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Graduate Consultant — 2026 Scheme

PwC·London, UK
£35,000/yr

Why you're a good match

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Your economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.

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Why you're a good match

You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.

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Experience fit

Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.

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No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.

We have some of the best engineers in the UK, and we have high expectations on the performance of the project teams. Come and join us and be part of the team at this exciting time.

Designing the future. Transforming the world

What we can offer

  • Meaningful and interesting projects delivered to leaders of industry across renewables and emerging energy sectors
  • Commitment to Diversity and Inclusion; we are an organisation actively committed to diversity and inclusion across our business
  • Competitive salary with regular salary reviews to ensure we are rewarding at the right level in line with the market
  • Flexible benefits package; inclusive of 33 days annual leave (including public holidays), generous contributory pension scheme, private medical cover, 4x base salary life insurance; all of these and more that can be adapted to suit your own
  • Commitment to continued professional development; development plans that are tailored to your individual needs and interests
  • Global connections; join experts around the world who are at the leading edge of our industry, shaping the standards of our profession

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Wood

Wood is a global leader in consulting, engineering and operations for the energy and materials sectors. With 33,000 people in around 50 countries, Wood supports clients across the full asset lifecycle, delivering safe, predictable outcomes while enabling resilient operations and a lower carbon future. Wood forms the Energy & Materials pillar of Sidara - a global partnership uniting leading multidisciplinary engineering, design, and project management companies.

www.woodgroup.com

Diversity Statement

We are an equal opportunity employer that recognises the value of a diverse workforce. All suitably qualified applicants will receive consideration for employment on the basis of objective criteria and without regard to the following (which is a non-exhaustive list): race, colour, age, religion, gender, national origin, disability, sexual orientation, gender identity, protected veteran status, or other characteristics in accordance with the relevant governing laws.

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Skills

Cost reporting
Budgeting
Forecasting
Cash-flow
Project execution procedures
Change management
WBS structures
CBS structures
Earned value application
Cost variance analysis
Schedule variance analysis
Risk analysis
Project management
Cost control

Location

Barnard Castle, England, United Kingdom

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