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Progressive

Senior Cost Specialist

West Berkshire
£65 – £70/hr
Posted about 15 hours ago
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Cost Engineer

Location

Berkshire

Duration

26 Weeks

Start

ASAP (subject to clearance)

IR35

Inside IR35

Overview

We are seeking an experienced Cost Engineer to join a major programme based in Berkshire. Working within the Project Controls team, you will be responsible for cost planning, cost control, forecasting, change management, risk management, and financial reporting, helping ensure projects are delivered within approved budgets and contractual requirements.

Key Responsibilities

  • Develop and maintain project baseline budgets, cost breakdown structures (CBS) and control account plans.
  • Monitor actual costs, commitments, accruals, and forecasts.
  • Produce Estimates at Completion (EACs), variance analysis, and financial performance reports.
  • Deliver Earned Value Management (EVM) reporting and performance measurement.
  • Manage cost risk, contingency allowances, and change control processes.
  • Support project reviews, governance reporting, and stakeholder decision-making.
  • Ensure alignment between project schedules, cost plans, and contractual requirements.
  • Contribute to continuous improvement of project controls processes and reporting systems.

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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?

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Graduate Consultant — 2026 Scheme

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Why you're a good match

Strong

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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Strong

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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Essential Experience

  • Proven experience in Cost Engineering, Cost Control, Project Controls, or Quantity Surveying.
  • Experience managing project budgets, forecasts, and financial performance reporting on major projects.
  • Strong Earned Value Management (EVM) knowledge.
  • Experience with cost risk management, contingency control, and change management.
  • Strong understanding of the full project lifecycle.
  • Excellent analytical, reporting, and stakeholder management skills.

Desirable

  • Experience within Nuclear, Defence, Infrastructure, Construction, or Energy sectors.
  • Knowledge of NEC, FIDIC, JCT, or similar contract forms.
  • Experience with quantitative risk analysis and cost modelling.
  • Familiarity with ERP and project management systems.

Qualifications

Essential

  • HNC (or equivalent) in Cost Engineering, Quantity Surveying, Engineering, Construction Management, or related discipline.

Desirable

  • Degree in a relevant subject.
  • ECITB Level 5 Diploma (or equivalent) in Cost Engineering.
  • Professional membership such as ACostE, APM, or RICS.

Clearance & Requirements

  • Must be eligible for SC Clearance.
  • Candidates may start on BPSS, provided SC clearance is in progress.
  • Must have lived and worked in the UK continuously for the last 5 years.
  • CSCS/ECS card required prior to start.

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Working Pattern

  • 5 day week (no shift, no shift allowance) - Hybrid possible.
  • 3 days per week on site (Thurs / Fri / Monday) and 2 days remote.
  • Capped as 12 on site, 9 remote.
  • 11 shifts on, 3 shifts off.

Additional Benefits

  • Workers travelling more than 30 miles to site will receive: £100 per day Per Diem (Umbrella).

Please click here to find out more about our Key Information Documents. Please note that the documents provided contain generic information. If we are successful in finding you an assignment, you will receive a Key Information Document which will be specific to the vendor set-up you have chosen and your placement.

To find out more about Progressive please visit www.progressiverecruitment.com

Progressive Recruitment, a trading division of SThree Partnership LLP is acting as an Employment Business in relation to this vacancy | Registered office | 8 Bishopsgate, London, EC2N 4BQ, United Kingdom | Partnership Number | OC387148 England and Wales

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Skills

Cost Engineering
Cost Control
Project Controls
Quantity Surveying
Earned Value Management
Financial Reporting
Change Management
Risk Management
Budget Planning
Forecasting
Variance Analysis
Stakeholder Management
Cost Breakdown Structures
Contract Management
Quantitative Risk Analysis
Cost Modelling

Location

West Berkshire, England, United Kingdom

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