Cost Management Specialist

4 weeks ago


Islington, Greater London, United Kingdom Pace Advisory Ltd Full time
Cost Engineer Job Description

PACE Advisory Ltd is seeking a skilled Cost Engineer to join our team. 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 data structures for cost control to ensure accurate tracking and monitoring of actual costs.
  • Set up and define the project control budget in alignment with established baselines.
  • Monitor internal and external costs against the established cost control frameworks.
  • Manage project accruals and commitments to ensure they remain within budget constraints.
  • Develop project forecasts, including Estimated Costs to Complete (ETC) and Estimate at Completion (EAC).
  • Provide timely and precise reporting on all project metrics, including Earned Value Management.
  • Track project contingency funds and exposures linked to identified risks and any remaining uncertainties.
  • Oversee project change control processes to ensure consistency with agreed baselines and control frameworks.
  • Monitor key project trends to provide insights that may inform future change controls.
Why Work with Us?

Elevate your career to new heights in an environment that values your expertise and dedication. Enjoy the flexibility of hybrid working while engaging in challenging, rewarding work that makes a difference.

Commitment to Diversity:

PACE Advisory Ltd is proud to be 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. Our culture is one where your strengths and unique perspectives are valued.



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