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Cost Management Specialist

2 months ago


Islington, Greater London, United Kingdom PACE ADVISORY LTD Full time
Job Description

Job Title: Cost Engineer

Company: PACE Advisory Ltd

Job Type: Full-time

Location: Remote (Hybrid Working)

About the Role:

We are seeking a highly skilled Cost Engineer to join our team at PACE Advisory Ltd. As a Cost Engineer, you will play a crucial role in supporting significant projects and organizations by delivering precise and prompt information on performance in relation to project baselines.

Key Responsibilities:

  • Develop and Implement Cost Control Systems: Design and implement data structures for cost control to ensure accurate tracking and monitoring of actual costs.
  • Project Budgeting and Control: Set up and define the project control budget in alignment with established baselines.
  • Cost Monitoring and Reporting: Monitor internal and external costs against the established cost control frameworks and provide timely and precise reporting on all project metrics, including Earned Value Management.
  • Project Forecasting and Risk Management: Develop project forecasts, including Estimated Costs to Complete (ETC) and Estimate at Completion (EAC), and track project contingency funds and exposures linked to identified risks and any remaining uncertainties.
  • Change Control and Project Governance: Oversee project change control processes to ensure consistency with agreed baselines and control frameworks, and monitor key project trends to provide insights that may inform future change controls.

Why Work with Us:

At PACE Advisory Ltd, we value your expertise and dedication. We offer a flexible hybrid working environment that allows you to balance your work and personal life. Our company culture is built on diversity, equality, and inclusion, and we welcome applications from all qualified individuals.

Commitment to Diversity:

PACE Advisory Ltd is an Equal Opportunity Employer. We are committed to fostering a diverse workplace and have taken steps to become Disability Confident Committed. We welcome applications from all qualified individuals, regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other status protected by law.