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Cost Management Specialist

2 months 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 work associated with the Nuclear New Build project.

Key Responsibilities
  • As a member of the Cost Discipline of Integrated Project Controls, you will be responsible for all aspects of cost within the Programme Controls Teams or the Central Controls Team.
  • You will 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 the Actual Cost of Work Performed.
  • You will support minimising the Estimate At Completion for the Programme in accordance with best value.
Principal Accountabilities
  • You will report to the PCM or IPC Cost Manager and play a key role in developing, implementing, and maintaining Integrated Project Controls processes for Cost.
  • You will assist in leading, coaching, and supporting all staff within the Cost Discipline.
  • Collaboration with other Disciplines of Integrated Project Controls and Project Support Functions is essential to deliver Project goals in keeping with the HPC principles of Trust, Transparency, and Teamwork.
Core Processes
  • You will be responsible for producing and maintaining accurate cost and cash forecasts in alignment with the Cost Breakdown Structure.
  • You will accurately maintain all cost data for the Programme within the financial control system, including monthly ACWP calculations.
  • You will provide timely and focussed cost reporting for the Programme to key stakeholders.
  • You will accurately assess the EAC for the Programme.
  • You will ensure that earned value techniques and indices are correctly implemented in the Programme.
  • You will lead and ensure the assessment of all changes and accurately representing approved changes within the programme budgets.
  • You will compare and analyse trends within the Programme and identify areas of risk and opportunities.
  • You will oversee the review, acceptance, and integration of cost estimates and forecasts provided by Tier 1 Contractors and suppliers.
  • You will ensure all Project documents, particularly Sensitive Nuclear Information, are correctly protectively marked and protected in accordance with EDF policies and procedures.
Requirements
  • You must hold a minimum of a Degree in Engineering, Construction, Quantity Surveying, or another related field.
  • You must have proven relevant experience in a Project Management or Project Controls environment in a similar Cost role on a major construction/infrastructure Project.
  • You must have experience in using cost management software systems such as EcoSys (Cost, Changes, Earned Value Management).