Cost Management Specialist

1 month ago


Birchwood, United Kingdom KBR Full time
Job Title: Cost Engineer

Job Summary:

We are seeking a highly skilled Cost Engineer to join our team at KBR. As a Cost Engineer, you will be responsible for providing and maintaining a comprehensive Cost Engineering framework and service for the Major Project.

Key Responsibilities:

  • Develop and manage the cost framework, systems, and resources to deliver an effective cost control and reporting service to Project Managers and Sponsors.
  • Prepare, monitor, and forecast baselines during all project phases.
  • Prepare, monitor, and forecast expenditure profiles and provide accruals where needed.
  • Prepare cost reports, including earned value analysis, identifying critical areas and trends, and recommend recovery options.
  • Maintain the cost control database and validate data across systems.
  • Ensure all commitments are recorded and maintain forecasts within approved financial limits.
  • Maintain an estimate of the outturn value of the project and prepare the EAC for review and approval.
  • Provide the required information to support the risk process.
  • Provide project outturns against baseline for LFE and Knowledge Management.
  • Mentor and support Assistant Cost Engineers in their development.

Accountabilities:

  • Ensure the accuracy of data communicated and reported to all stakeholders.
  • Highlight any current and potential issues to the Senior Cost Engineer, Lead Cost Engineer, PCM, and Project Manager.
  • Maintain compliance with approved processes, procedures, and Project Execution Plans.
  • Contribute to the continuous improvement of the functional quality and performance of Project Controls.
  • Work in compliance with the Collaborative Management Plan and all appropriate SLMS documents and protocols.

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