Cost Control Specialist

We are seeking a highly skilled Cost Engineer to join our team. The successful candidate will be responsible for managing cost control processes and providing accurate data to drive management decisions.

The role involves tailoring cost control approaches to meet client needs, implementing and maintaining cost control systems, and working with project teams to establish robust performance measurement baselines.

Key accountabilities include:

• Tailoring cost control approaches to meet client needs and aligning with best practice.
• Implementing, administering, and maintaining cost control systems and procedures to track project budgets, commitments, expenditures, and forecasts.
• Working with integrated project teams to establish robust, integrated, well-structured, accurate performance measurement baselines (PMB) and support the change control process.
• Developing project cost breakdown structures (CBS), aligning time phasing of budgets against work breakdown structures (WBS), to accurately track and control actual costs.
• MAPPING AND INTEGRATING COST ESTIMATES TO WORK BREAKDOWN STRUCTURES, IN ORDER TO SET THE PROJECT BUDGET AGAINST THE CORRECT WORK PACKAGES, PLANNING PACKAGES, AND CONTROL ACCOUNTS.
• Adhering to NEC or FIDIC contract processes for management, control, and reporting of cost data.
• Leading the production of accruals to ensure that the actual cost of work performed (ACWP) is accurately reflected in a timely manner in the cost data.
• Supporting the change process by providing cost information for change notes and underpinning forecasts.
• Updating project forecasts to ensure comprehensive and aligned estimate to complete (ETC).
• Working with project teams to set out and implement cost capture requirements, including ensuring appropriate work orders (WO) are in place, structuring requisitions, aligning purchase order (PO) structure with WO's, and ensuring subcontract data provided can be used to monitor and control costs.
• Aligning purchase orders with CBS to give clarity of cost performance indices at an appropriate level within the project.
• Validating and interrogating supply chain data to assist in accurate cost forecasting and trending and working with the supply chain to understand variances, drive cost accuracy, and provide timely and accurate reporting.
• Ability to interact with management/leadership members when delivering updates on cost control within complex projects/programme environments.
• Ability to guide and influence while delivering to cost control processes, on complex projects/programmes along with all associated processes & reports.
• Demonstrating leadership while developing technical ability of delivery and cost control teams.

We are looking for a Cost Engineer with professional experience specialising in cost engineering/control in one or more sectors across the whole project lifecycle.

You should have a detailed understanding of earned value management (EVM), progress reporting, forecasting, and performance reporting and analysis, as well as the ability to coordinate and work with other teams using your multi-disciplinary knowledge.

As a strong communicator, you should be able to demonstrate leadership behaviours with the ability to influence, manage, motivate, coach, and develop a team by fostering a diverse and inclusive environment.

You should promote empowerment and contribution and have a passion to build a community and support network beyond your delivery role.

We offer a range of benefits, including:

• A competitive salary and benefits package.
• Ongoing training and development opportunities.
• A supportive and collaborative team environment.
• The opportunity to work on a wide range of exciting projects.

Job Requirements:

• Professional Project Controls experience specialising in Cost Engineering/Control in one or more sectors across the whole project lifecycle.
• Strong communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Strong analytical and problem-solving skills.
• Experience working with Earned Value Management (EVM) and other project controls tools.
• Excellent written and verbal communication skills.
• Ability to make risk-based decisions where parameters are unclear and judgment is needed.
• Leadership skills with the ability to mobilise, inspire, and lead by example.
• Strong stakeholder management experience.
• Ability to navigate through conflict situations and defuse tension.
• Desire to work in the nuclear sector.