Cost Engineer

2 weeks ago

Bristol, Bristol, United Kingdom Cobalt Recruitment Full time
Cost Engineer Job Description

Cobalt Recruitment is seeking a highly skilled Cost Engineer to join their team in Bristol. As a Cost Engineer, you will play a crucial role in the successful delivery of a major project in the nuclear sector.

Key Responsibilities:
  • Support cost planning, including ownership of and presenting cost plans to clients and internal stakeholders.
  • Support the procurement process, ensuring stages including prequalification, enquiry, analysis, selection, and contract preparation are performed effectively.
  • Deliver cost management services to achieve key strategic outcomes and KPIs, directly influencing strategic development of plans.
  • Collaborate with other disciplines of integrated project controls, as well as other project support functions, to help deliver project goals in keeping with the HPC principles of trust, transparency, and teamwork.
  • Produce and maintain accurate cost and cash forecasts in alignment with the Cost Breakdown Structure (CBS).
  • Accurately maintain all cost data for the programme within the financial control system (EcoSys), including monthly ACWP calculations.
  • Coordinate and produce cost reports to a defined reporting cycle.
  • Assist in the accurate assessment of EAC.
  • Assist in the trend & change process, including production of project change reports, analysis of cost impact, and provision of feedback on areas of risk and opportunities.
  • Review, acceptance, and integration of cost estimates and forecasts provided by Tier 1 contractors and suppliers.
  • Assist with analysis of earned value.
  • Adhere to project governance and cost standards and procedures.
  • Ensure all project documents, in particular sensitive nuclear information, are correctly protectively marked, and protected in accordance with EDF policies and procedures.
Requirements:
  • Understanding of cost management methodologies and techniques.
  • Ability to understand and use cost management software.
  • Understanding of earned value analysis.
  • High level of analytical and numerical skills.
  • Good attention to detail.
  • High standard of interpersonal skills.
  • Excellent written and verbal communication skills.
  • Minimum of HND or equivalent qualification 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.
Desirable Skills:
  • Knowledge of estimating, scheduling, and risk management techniques and associated software.
  • Technical and practical comprehension of engineering, procurement, and construction methods and techniques in a UK context.
  • Understanding of various contract types, in particular the NEC suite and FIDIC.
  • Working knowledge of cost risk analysis techniques.
  • The ability to build relationships both internally and externally.
  • Good commercial awareness.
  • Working knowledge of French and/or Chinese languages an advantage.
  • Degree in engineering, construction, quantity surveying, or another related field.
  • Professionally qualified with chartered or equivalent status.
  • Experience in the use of cost management software systems such as EcoSys.
  • Experience on a major construction project.
  • Experience in the nuclear sector.

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