Junior Cost Engineer

6 months ago

Gloucester, United Kingdom COSTAIN GROUP PLC Full time

This is an exciting Junior Cost Engineer opportunity working for our EDF Framework based at Barnwood in Gloucester.

Costain supports EDF Energy Generation to maximise the lifespan of its eight UK nuclear power stations and prepare for defueling and decommissioning. Costain's role is to provide project controls and commercial managed services to portfolios and programmes of work across all EDF's eight UK nuclear power stations. As part of this work Costain will develop people capability in core project control skills and provide specialist support to EDFs Central Technical Organisation to improve project performance and deliver cost efficiencies.

As Junior Cost Engineer you will be responsible for providing cost management support to the EDF Energy Nuclear Generation work portfolio and will monitor, control, and forecast the costs during the Project lifecycle.

**Key Responsibilities & Outcomes**
- Control, monitor, analyse and report cost related aspects for designated projects within a Portfolio.
- Implement the correct and appropriate cost management tool for the project in accordance with Central Technical Organisation (CTO) Programme Office processes/templates.
- Assist in development of and use of Project Control Structures (CBS, OBS, WBS etc.).
- Understand the basis of the estimate.
- Ensure all cost and contract transactions on a project are understood and managed in an appropriate way.
- Ensure all variances to the cost baseline are communicated in a timely manner.
- Ensure the necessary cost management interface is in place with Finance and ensure regular communications.
- Support the EDF Energy Business Planning process.
- Active involvement in the change process, understanding the reasons for and factors influencing each change to the project's cost baseline plus the implications of such change.
- Continually monitor Project Risk and Change status to maintain current forecast.
- Review and understand, with the assistance of the Planning Engineer, the schedule progress and its alignment to the Project Control Structure.
- Liaise with Project team members and contractors with regards to progress and financial forecasting.
- Update the Cost Tool to comply with Project Reporting Cycles.
- Monitor, control and analyse the project cost information, identify variances, and bring these to the attention of the Project Manager with possible alternatives. Prepare specific reports to facilitate challenge and analysis to meet the project's specific needs.
- Challenge cost variances against the baseline plan with individual task leaders/contractors and/or outside stakeholder management as necessary to enable mitigation.
- Contribute to progress meetings as required in support of the Project Manager.
- Regular interfacing and integration with the project Planning Engineer to maintain an aligned financial position with the project Primavera plan.
- Contribute to the drafting and updating of Project Documents (PDD, IRM papers etc.) to ensure that they contain the project Scope of Work, KPI's, payment milestones and the methodology for controlling the project schedule, costs, and variances etc.
- Contribute to Lessons Learnt process throughout the Project lifecycle.

**Knowledge**
- The individual will require previous experience of cost control together with the ability to administer transactional aspects in SAP, including order placement and accruals.
- Breadth of experience across whole project and programme lifecycle. (e.g., Engineering, Procurement, Construction, Installation/Commissioning processes)
- Working knowledge of relevant Health and Safety legislation

**Skills**
- High level of numeracy and excellent analytical skills.
- Excellent MS Office skills and well versed in the preparation of reports and information using packages such as Word, Excel, and PowerPoint.
- Exhibits a strong awareness of the level of interaction required with the project team function to support the successful delivery of projects.
- The ability to reconcile cost information as it applies to the programmes of work.
- Proficient in the use of estimating, scheduling, programming, and risk tools.
- Proficient in the use of Earned Value Analysis.
- Self-motivated with good interpersonal skills working in a team environment.
- Good attention to detail with good time management skills.
- Excellent communication and presentational skills.

**Qualifications**
- Minimum of HNC/HND ideally in a cost related discipline or relevant experience.

**About Costain**

Costain helps to improve people's lives with integrated, leading edge, smart infrastructure solutions across the UK's energy, water, transportation and defence markets. We help our clients improve their business performance by increasing capacity, improving customer service, safeguarding security, enhancing resilience, decarbonising and delivering increased efficiency. Our vision is to be the UK's leading smart infrastructure solutions company. We will achieve this by focusing on blue chip clients whose major spending plans are underpinned by strategic national needs, regulatory commitments, legislation or essential performance requirements. We offer our clients leading edge solutions that are digitally optimised through the following five services which cover the whole lifecycle of their assets: future-shaping strategic consultancy; consultancy and advisory; digital technology solutions; asset optimisation and complex programme delivery. Our culture and values underpin everything we do.

We welcome all applicants regardless of age, race, faith, sexual orientation, gender identity, gender expression, socioeconomic background and physical or neurological disabilities.

We welcome you to ask about the flexibility you need for dynamic working. Such as, working part-time, remote working, or compressed hours. In return, we will explore what is possible.

To find out more about our Inclusion strategy, please visit our ED&I page:
**Right to Work & Security Checks**

Understandably given the nature of our business, everyone who is employed at Costain must undergo thorough referencing checks. We will need different information depending on the job we have offered you. For all roles, we'll carry out a criminal record check and we'll ask to see evidence that you have the legal right to work in the UK.

For some of our roles, you may be required to obtain and maintain security clearance of at least Security Check level (or SC clearance). To satisfy the requirements, you will need to have been a legal UK resident for a minimum of 5 years and have successfully complete all stages of the vetting process.

**Closing date**

A Disability Confident employer will generally offer an interview to any applicant that declares they have a disability and meets the minimum criteria for the job as defined by the employer. It is important to note that in certain recruitment situations such as high-volume, seasonal and high-peak times, the employer may wish to limit the overall numbers of interviews offered to both disabled people and non-disabled people.
For more details please go to the Disability Confident website:
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