Cost Management Specialist

12 hours ago

Over Stowey, United Kingdom Morson Talent Full time
Cost Engineer Opportunity

Morson Talent is seeking a highly skilled and experienced Cost Engineer to join our client's team for the Nuclear New Build project.

Key Responsibilities
  • Lead the establishment, development, and maintenance of timely and accurate cost data and reports, including forecasts, performance analysis, earned value, cash flows, and monthly reports on Actual Cost of Work Performed (ACWP).
  • Support minimising the Estimate At Completion (EAC) for the Programme in accordance with best value.
Team Collaboration
  • Report to the PCM or IPC Cost Manager and play a key role in developing, implementing, and maintaining Integrated Project Controls processes for Cost.
  • Assist in leading, coaching, and supporting all staff within the Cost Discipline.
  • Collaborate with other Disciplines of Integrated Project Controls and Project Support Functions to deliver Project goals in keeping with the HPC principles of Trust, Transparency, and Teamwork.
Core Processes
  • Produce and maintain accurate cost and cash forecasts in alignment with the Cost Breakdown Structure (CBS).
  • Maintain all cost data for the Programme within the financial control system (EcoSys), including monthly ACWP calculations.
  • Provide timely and focussed cost reporting for the Programme to key stakeholders, on a defined reporting cycle.
  • Accurately assess the EAC for the Programme.
  • Implement earned value techniques and indices correctly in the Programme.
  • Lead and ensure the assessment of all changes and accurately represent approved changes within the programme budgets.
  • Compare and analyse trends within the Programme and identify areas of risk and opportunities.
  • Oversee the review, acceptance, and integration of cost estimates and forecasts provided by Tier 1 Contractors and suppliers.
  • Ensure all Project documents, particularly Sensitive Nuclear Information, are correctly protectively marked and protected in accordance with EDF policies and procedures.
Requirements
  • Hold a minimum of a Degree in Engineering, Construction, Quantity Surveying, or another related field.
  • Proven relevant experience in a Project Management or Project Controls environment in a similar Cost role on a major construction/infrastructure Project.
  • Experience in using cost management software systems such as EcoSys (Cost, Changes, Earned Value Management).

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