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Cost Engineer

2 months ago

Birchwood, United Kingdom KBR Full time

Job Summary:

KBR is seeking a highly skilled Cost Engineer to join our team. As a Cost Engineer, you will be responsible for providing and maintaining a comprehensive Cost Engineering framework and service for the Major Project.

Key Responsibilities:

  • Develop and manage the cost framework, systems, and resources to deliver an effective cost control and reporting service to Project Managers and Sponsors.
  • Prepare, monitor, and forecast baselines during all project phases, ensuring accurate and timely delivery.
  • Prepare, monitor, and forecast expenditure profiles and provide accruals where needed, maintaining financial discipline and control.
  • Prepare cost reports, including earned value analysis, identifying critical areas and trends, and recommend recovery options to ensure project success.
  • Maintain the cost control database and validate data across systems, ensuring data integrity and accuracy.
  • Ensure all commitments are recorded and maintain forecasts within approved financial limits, upholding financial governance.
  • Maintain an estimate of the outturn value of the project and prepare the EAC for review and approval, providing critical financial insights.
  • Provide the required information to support the risk process, ensuring informed decision-making.
  • Provide project outturns against baseline for LFE and Knowledge Management, delivering valuable insights and recommendations.
  • Mentor and support Assistant Cost Engineers in their development, fostering a culture of knowledge sharing and growth.

Accountabilities:

  • Ensure the accuracy of data communicated and reported to all stakeholders, upholding transparency and trust.
  • Highlight current and potential issues to the Senior Cost Engineer, Lead Cost Engineer, PCM, and Project Manager, ensuring prompt attention and resolution.
  • Maintain compliance with approved processes, procedures, and Project Execution Plans, upholding regulatory and governance requirements.
  • Contribute actively to the continuous improvement of the functional quality and performance of Project Controls, driving excellence and innovation.
  • Work in compliance with the Collaborative Management Plan and all appropriate SLMS documents and protocols, upholding a culture of collaboration and teamwork.