Project Cost Engineer

3 weeks ago

Montrose, Angus, United Kingdom Turner & Townsend Full time

Job Description

Turner & Townsend is seeking a skilled Cost Controller to join our team for an exciting opportunity working at GSK Montrose. As a Cost Controller, you will be responsible for coordinating with the Project Team in respect of funding requests and taking responsibility for project controls stage-gate documentation for internal governance / funding decisions.

Key Responsibilities

  • Coordinate with the Project Team in respect of funding requests and take responsibility for project controls stage-gate documentation for internal governance / funding decisions.
  • Stakeholder Engagement to support stage-gate documentation.
  • Proactively advise updates on stage-gate documentation, including delivery blockers and highlighting any potential delays to the approval process.
  • Create and update Project Data Collection Form upon stage-gate funding approvals.
  • Raising Purchase Requisitions and responding to worklist arising from invoice submitted.
  • Ensure compliance with financial regulations and project contract requirements.
  • Ensures governance & assurance to the Project Management Framework tools & templates.
  • Control costs with your knowledge of conceptual estimating, funding stage gates, basic contingency principles.
  • Control the portfolio applying quality checks to updates from the Project Team.
  • Responsible for project controls implementation ensuring project requirements are adhered to throughout the project lifecycle.
  • Monitor and control project expenditures, ensuring adherence to approved budgets.
  • Implementing, administering, and maintaining cost control systems and procedures to track project budgets, commitments, expenditures, and forecasts.
  • Provide proactive communication to ensure the Project Delivery Managers are appraised of trends on the project.
  • Work with other team members to establish and implement quality assurance measures for project controls tasks and deliverables.
  • Identify trends and root causes of deviations against the baseline using lead and lag indicators, recommend remedial actions to drive best value for the client.
  • Assist with assessment of spend and the impact of delays and opportunities against the yearly capital budget.
  • Create and/or work within a portfolio of cost reports, summarising financials in an executive level dashboard.
  • Understand change management principles, review and processing of Change Controls including amending Purchase Orders.
  • Reviewing the proposed Key Performance Indicators for cost, spend and budget management.
  • Ensure timely and accurate cost checking, and valuation process.
  • Mapping the plant & facility assets from the Facilities Investment Plan against the Project Ladder

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