Cost Estimator and Budget Manager

1 month ago

Aberdeen, Aberdeen City, United Kingdom oilandgas Full time
Job Description

The successful candidate will be responsible for preparing and reporting project cost budgets, as well as tracking and managing project expenditure to ensure robust control throughout the project lifecycle.

You will be responsible for developing project budgets, tracking actual and forecasted costs, and generating cost reports that meet the required level of detail and accuracy, in accordance with contractual requirements and company policies and standards.

Key Responsibilities:

  • Review and maintain Project Work Breakdown Structure (WBS) and Cost Breakdown Structure (CBS)
  • Liaise with other Project Controls disciplines and functions to develop project budgets in accordance with the Basis of Estimate, including statements of work scope, assumptions, man-hour estimates, narratives, and review and comment of client documents
  • Liaise with Planning discipline to ensure accurate and timely control and forecasting of budgets and ensure that the impact of all change requests is properly assessed and included in the schedules
  • Liaise with procurement, finance, and time-capture functions, and third parties as required, to ensure accurate and timely capture of procurement, materials, subcontract and labour manhour costs
  • Ensure costs are allocated accurately in accordance with approved project WBS
  • Liaise with engineering, procurement and construction functions, and others as required, to maintain awareness of project activities and their impact on the project budget, schedule, and cost forecast
  • Manage the project/assignment work approval process in terms of accurate cost code allocation and initial budget set-up and approvals
  • Review and maintain project cost budgets using appropriate software applications
  • Monitor and control cost commitments and expenditures through all phases of project lifecycle
  • Liaise with project management, project planning, and others as required to ensure accuracy in project cost phasing and forecasting
  • Provide copies of project cost performance reports in accordance with project reporting requirements
  • Review and issue updates to project cost forecasts
  • Monitor and report on cost impact of project manpower forecasts
  • Coordinate development, review, and issue of project change orders/variations in accordance with engineering and construction change notifications
  • Assess, review, and communicate cost and schedule impact of change notifications
  • Monitor and review cost impact of achievement/non-achievement of major project milestones
  • Monitor and review overall project cost performance and contingency drawdown
  • Attend project/client periodic meetings and present project cost performance status as required
  • Facilitate/chair internal project cost performance meetings as required
  • Facilitate the project cost close-out process
  • Participate in cost and estimate risk analysis sessions as required
  • Participate in Project Controls Compliance and Continuous Improvement Reviews
  • Monitor and review overall project cost performance and contingency drawdown

Key Qualifications:

  • ISCED level 6 (Bachelors) Degree in a relevant technical or business discipline (or equivalent gained through relevant vocational training and/or industry experience)

Knowledge, Skills, and Experience:

  • Relevant cost experience
  • Excellent knowledge of cost software and related principles, tools, and techniques, including budgeting, forecasting, and cash-flow
  • Excellent knowledge of Project Execution Procedures for Cost Management, including Change Management
  • Excellent understanding of WBS and CBS structures and project reporting capabilities
  • Advanced ability to develop project cost budgets and change estimates
  • Advanced ability to prepare cost reports
  • Strong understanding of change management and associated cost and schedule processes
  • 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, and Risk Analysis and Management

Personal Attributes:

  • Demonstrates commitment to Wood Values, Visions, and Behaviours
  • Applies analytical and statistical evaluation
  • Ability to work independently and as part of a team
  • Demonstrates effective organization and 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
  • Commitment to continuous improvement

About Us

Wood is a global leader in consulting and engineering, helping to unlock solutions to critical challenges in energy and materials markets. We provide consulting, projects, and operations solutions in 60 countries, employing around 35,000 people.

Diversity Statement

We are an equal opportunity employer that recognizes the value of a diverse workforce. All suitably qualified applicants will receive consideration for employment on the basis of objective criteria and without regard to the following (which is a non-exhaustive list): race, colour, age, religion, gender, national origin, disability, sexual orientation, gender identity, protected veteran status, or other characteristics in accordance with the relevant governing laws.

  • Cost Estimation and Management Expert

    4 weeks ago

    Aberdeen, Aberdeen City, United Kingdom beBee Professionals Full time £35,000 - £55,000

    We are seeking a Cost Estimation and Management Expert to join our construction team at beBee Professionals in Aberdeen. In this role, you will be responsible for estimating costs for construction projects and preparing detailed quantity requirements.Key Responsibilities:Estimate costs for construction projects and prepare detailed quantity...

  • Cost Engineer

    1 month ago

    Aberdeen, Aberdeen City, United Kingdom oilandgas Full time

    Job DescriptionWood is a global leader in consulting and engineering, helping to unlock solutions to critical challenges in energy and materials markets. We provide consulting, projects and operations solutions in 60 countries, employing around 35,000 people.Key ResponsibilitiesDevelop and maintain project cost budgets and forecasts in accordance with the...

  • Cost Estimation and Control Expert

    1 month ago

    Aberdeen, Aberdeen City, United Kingdom beBee Professionals Full time £35,000 - £55,000

    beBee Professionals is seeking a Cost Estimation and Control Expert to join our construction team. In this role, you will be responsible for estimating costs for construction projects, preparing detailed quantity requirements, and monitoring construction budgets.Key Responsibilities:Estimate costs for construction projects and prepare detailed quantity...

  • Construction Cost Estimator

    2 months ago

    Aberdeen, Aberdeen City, United Kingdom beBee Professionals Full time £45,000 - £65,000

    Senior Quantity SurveyorWe are seeking an experienced Senior Quantity Surveyor to join our construction team in Aberdeen, United Kingdom. The ideal candidate will have a proven track record in managing cost estimation, procurement, and contract negotiation, ensuring project financial efficiency and compliance with industry standards.Key Responsibilities:Cost...

  • Construction Cost Estimator

    2 months ago

    Aberdeen, Aberdeen City, United Kingdom beBee Professionals Full time £35,000 - £55,000

    Job SummaryWe are seeking a highly skilled Quantity Surveyor to join our construction team at beBee Professionals in Aberdeen. As a key member of our team, you will be responsible for managing the financial and contractual aspects of our construction projects, ensuring that costs are controlled and budgets are met.Key ResponsibilitiesDevelop and implement...

  • Senior Cost Budget Manager

    3 weeks ago

    Aberdeen, Aberdeen City, United Kingdom Wood Full time

    Job Summary:The Senior Cost Controller will be responsible for developing and managing project budgets, tracking actual and forecasted costs, and generating cost reports. This role will also involve the preparation and filing of project cost documentation, as well as identifying areas for continuous improvement within the Cost team.Key...

  • Cost Estimator for Projects

    10 hours ago

    Aberdeen, Aberdeen City, United Kingdom Bilfinger Full time

    Cost Estimator for ProjectsIn this role, you will be responsible for estimating project costs for Bilfinger UK's clients. You will work closely with our engineers and project managers to ensure accurate and timely cost estimates are provided.About the Role:* Estimate project costs using commercial awareness and analytical skills* Collaborate with engineers...

  • Project Budgeting Expert

    7 hours ago

    Aberdeen, Aberdeen City, United Kingdom oilandgas Full time

    We are seeking an experienced Project Budgeting Expert to join our team at Wood. In this role, you will be responsible for developing and maintaining project budgets, as well as ensuring accurate cost tracking and reporting. If you have excellent knowledge of cost software and related principles, tools, and techniques, including budgeting, forecasting, and...

  • Project Cost Estimator

    8 hours ago

    Aberdeen, Aberdeen City, United Kingdom Turner & Townsend Group Full time

    About Turner & Townsend">Turner & Townsend is a leading professional services company that helps clients achieve their goals by delivering better outcomes for our clients, helping our people to realize their potential, and doing our part to create a prosperous society.">We are looking for an experienced Project Cost Estimator to join our team in Scotland. As...

  • Senior Cost Manager

    4 weeks ago

    Aberdeen, Aberdeen City, United Kingdom C & P Recruitment Full time

    C & P Recruitment is seeking a highly skilled Senior Cost Manager to join their team. The ideal candidate will have a strong background in quantity surveying and commercial construction.Job Description:The Senior Cost Manager will play a key role in managing the costs of construction projects from inception to completion. This will involve preparing,...

  • Cost Estimator and Contract Negotiator

    1 month ago

    Aberdeen, Aberdeen City, United Kingdom beBee Professionals Full time £45,000 - £65,000

    Senior Quantity Surveyor Job OpeningWe are seeking a highly experienced Senior Quantity Surveyor to join our construction team in Aberdeen, United Kingdom.Key Responsibilities:Develop and manage detailed cost estimates and budgets for construction projects.Conduct cost analysis and financial reporting throughout project lifecycles.Negotiate contracts with...

  • Project Cost Estimator

    1 month ago

    Aberdeen, Aberdeen City, United Kingdom https:jobs-redefined.cositemap Full time

    Estimator Role OverviewWe are seeking an experienced Estimator to join our team in Scotland. As an Estimator, you will be responsible for producing detailed, resourced-based estimates to evaluate design changes and maintain the baseline cost. You will work closely with our clients to deliver high-profile projects and provide accurate and comprehensive...

  • Estimator - Cost Compiler

    4 weeks ago

    Aberdeen, Aberdeen City, United Kingdom Engage Talent Partners LTD Full time

    Job Title: Estimator - Cost CompilerEngage Talent Partners LTD is seeking a skilled Estimator - Cost Compiler to join their team. The successful candidate will be responsible for compiling costs for bids and tenders, taking into consideration man hours, material costs and project deliverables.Main Responsibilities:Manage the tender process from initial...

  • Senior Estimator

    1 month ago

    Aberdeen, Aberdeen City, United Kingdom oilandgas Full time

    Job DescriptionWood is seeking a Senior Estimator to support an Upstream contract in Aberdeen, Scotland. The successful candidate will be responsible for developing project estimates and ensuring they meet contractual requirements and Wood policies.Key Responsibilities:Develop and issue Basis of Estimate for project cost estimatesDevelop, issue, and maintain...

  • Cost Management Specialist

    8 hours ago

    Aberdeen, Aberdeen City, United Kingdom oilandgas Full time

    At Wood, we are seeking a highly skilled Cost Management Specialist to join our team. This role will involve overseeing the development and maintenance of project budgets, ensuring accurate cost tracking and reporting. The successful candidate will have excellent knowledge of cost software and related principles, tools, and techniques, including budgeting,...

  • Cost Management Professional

    3 weeks ago

    Aberdeen, Aberdeen City, United Kingdom Turner & Townsend Full time

    Key ResponsibilitiesWe are seeking a highly skilled and experienced Cost Management Professional to join our team as a Senior Project Cost Consultant. The ideal candidate will have a proven track record in cost management and a strong understanding of the construction industry.The Cost Control Specialist will be responsible for providing expert advice on...

  • Project Cost Control Manager

    1 day ago

    Aberdeen, Aberdeen City, United Kingdom TEXO Full time

    Job DescriptionThe Fabrication Manager is a critical role within TEXO, responsible for overseeing the successful delivery of projects on time, within budget, and to the required standards. This position requires strong leadership and project management skills, with a focus on ensuring the health, safety, and environmental standards are met across all...

  • Senior Estimator

    4 weeks ago

    Aberdeen, Aberdeen City, United Kingdom Wood Full time

    Wood is seeking a highly skilled Senior Estimator to join our team in Aberdeen, Scotland. This role offers a flexible hybrid working pattern and the opportunity to work as staff or LTD Co.The successful candidate will be responsible for preparing, reviewing, and submitting accurate estimates of project costs to clients and potential clients. This will ensure...

  • Senior Project Cost Manager

    10 hours ago

    Aberdeen, Aberdeen City, United Kingdom Aberdeen City Council Full time

    Project Management Opportunity:Aberdeen City Council invites applications for the position of Senior Project Cost Manager. As a critical member of our facilities management team, you will be responsible for managing projects and programmes from initiation to completion, ensuring they are delivered on time, within budget, and to the required quality...

  • Cost and Pricing Expert

    1 month ago

    Aberdeen, Aberdeen City, United Kingdom Sigmatech, Inc. Full time

    Sigmatech, Inc. is seeking a highly skilled Cost and Pricing Expert to support one of our customers with an Army Acquisition Category (ACAT) I program on Aberdeen Proving Ground, MD. The ideal candidate will have a strong background in cost analysis and be able to provide technical guidance and information to meet mission requirements. Key responsibilities...