Cost Engineer

3 days ago

Newbury, United Kingdom Millbank Holdings Full time
Are you an experienced Cost Engineer, seeking a new challenge in the nuclear industry?
Do you have proven relevant experience in Project management or project controls in a cost or consultancy environment?
Would you be interested in joining a well-established engineering contractor, where you will help to drive all project controls throughout the project lifecycle?
If the answer is yes, this could be the role for you so read on for further details and get in touch now to avoid missing out
The Opportunity
Given recent and forecasted project growth, an exciting opportunity has become available for an experienced Cost Engineer to join a leading engineering contractor at the driven by an innovative and ambitious team of nuclear specialists committed to a future of cutting-edge solutions.
The role
As the Cost Engineer, you will be responsible for working within one of the delivery teams, on behalf of the Programme Partner, liaising with a variety of stakeholders across the project, reporting to the Project Controls Manager with functional alignment to the Cost Lead.
Due to the strict security requirements, you must be a UK National and will need to progress through security clearance.
Estimated Duration- 12 months
This role has been deemed inside of IR35
Your duties and Responsibilities will be
Provide monthly reporting on project cost and forecast including actual costs, estimate to complete, earned value variance analysis and narrative.
Lead monthly meetings related to cost and forecast with the planning team, Partners, and the commercial team to support the project.
Manage the process and provide technical support for the full life-cycle project budget, scope, and cost codification.
Support the project manager in their delivery of the project regarding cost.
Liaise with the change manager to agree the cost element of trends and changes.
Support the overall organisational change (trending and MoC) process; ensuring it is rigorously applied to all changes and that impacts are fully assessed and incorporated into cost forecasts, plans and budgets.
Assure the integration of cost and schedule with the planning team.
Gate keeper for Partner cost data.
Implement, administer, and maintain cost control system (Contruent/PRISM) and procedures to track project budgets, commitments, expenditures, and forecasts for projects of medium complexity and value.
Support the preparation and implementation of the Work Breakdown Structure (WBS), ensuring understanding of the broader scope across all project stages.
Support the set-up of appropriate control budgets from the TAR & project estimate and schedule, ensuring full understanding of estimate basis, scope, schedule, contracting strategy and execution plan.
Work closely with the Client cost team and monitor site costs.
Ad hoc support to business cases and investment decisions, working with the Client cost team and commercial team.Technical competencies:
You are digitally savvy, can build lasting client relationships and lead strong, motivated teams.
Understanding of cost management methodologies and techniques.
Solid experience in the use cost management software systems such as PRISM (Aka Contruent) or EcoSys.
A good understanding of earned value analysis.
Previous experience on a major construction project.
Ability to build lasting client relationships.Behaviour competencies
Passion driven – Sense of belonging, aligned to vision and programme ideology.
Act inclusively, treating all with respect and driving diverse thinking – Open minded and act inclusively.
Delivering excellence – Outcome driven, identifying opportunities.
Integrity – Complimentary and collaborative.
Embed and embrace culture of health, safety, and wellbeing with safety at the heart of everything we do.
Safeguarding and protecting the planet – Adopting a sustainable approach, making the right decisions to protect our world.
Project-life balance – Happiness.
Challenging the status quo in pursuit of a better future – Best in class and ahead of the curve, open to change.
Value led approach – Driven by future needs, bringing a better solution.
Ever evolving – Sustainable economically / people perspective.You will have the following Qualifications & experience
Engineering, Business, Quantity Surveying, Constriction Management degree or equivalent experience and ideally have an APC membership.
Proven relevant experience in project management or project controls environment in a similar cost role in a construction or consultancy background.
Experience of nuclear or high secure sectors desirable.Get in touch now
If you’re on the lookout for a new challenge, where you will help to drive the project process by providing monthly project reporting to support and facilitate the project lifecycle, then this could be the role for you so read on and apply today to avoid missing out
Millbank Holdings Ltd is an equal opportunities employer and respects diversity. We welcome applications from all suitably qualified persons who are eligible to live and work in the UK.
Millbank is proud to be a member of the ‘Disability Confident Scheme’. Millbank operates as an Employment Agency and Business

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