Senior Cost Engineer

4 weeks ago

Aberdeen, Aberdeen City, United Kingdom Wood Full time
Job Title: Senior Cost Engineer

Job Summary:

The Senior Cost Engineer will be responsible for the preparation and reporting of project cost budgets, as well as the tracking, management, and reporting of project expenditure to ensure robust control of projects throughout their lifecycle.

Key Responsibilities:

  • Develop and manage project cost budgets, tracking actual and forecasted costs, and generating cost reports to ensure accuracy and compliance with contractual requirements and Wood policies.
  • Support the management and development of the Cost team, including the management of project budgets, actual and forecasted costs, and the preparation and filing of project cost documentation.
  • Act as a focal point for several project scopes, identifying areas of best practice and driving continuous improvement within the Cost team.

Requirements:

  • Typically requires an ISCED level 6 (Bachelors) Degree in a relevant technical or business discipline (or equivalent gained through relevant vocational training and/or industry experience).
  • Relevant cost experience, including TAR & Outage cost control experience.
  • Excellent knowledge of cost software and related principles, tools, and techniques, including budgeting, forecasting, and cash-flow.
  • Excellent understanding of Project Execution Procedures for Cost Management, including Change Management.
  • Strong understanding of earned value application, cost and schedule variance analyses/trending, and what-if scenarios.
  • Excellent understanding of project management principles and techniques.
  • Strong understanding of Cost Management, Change Control, Planning & Risk Analysis & Management.

Personal Attributes:

  • Demonstrates commitment to Wood Values, Visions & Behaviours.
  • Applies analytical and statistical evaluation.
  • Ability to work independently and as part of a team.
  • Effective organization & planning skills.
  • Ability to handle multiple tasks and changing priorities in a fast-paced environment.
  • Strong communication skills, both written and oral.
  • Uses initiative, experience, and a proactive approach to problem-solving.
  • Ability to guide, mentor, and lead others.
  • Commitment to continuous improvement.

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