Cost Engineer

Posted 19 June 2024
Salary Competitive
Job type Permanent
Sectors Consultancy
Contact NameBuse Alisanoglu

Job description

Role: Cost Engineer 
Employment Type: Permanent / Contract
Location: Newbury 
Our client, a privately owned, leading global construction and consultancy firm are interested in meeting Cost Engineers. The ideal candidate will serve as a key interface between Planners, Commercial personnel, and Project personnel, ensuring seamless integration and communication across various project control activities. This role requires a deep understanding of project controls requirements and the ability to provide training and support to the Project Team.
Your responsibilities will include:
  • Provide monthly reporting on project cost and forecast including actual costs, estimate to complete, earned value variance analysis and narrative.
  • Lead monthly meetings related to cost and forecast with the planning team, Partners, and the commercial team to support the project.
  • Manage the process and provide technical support for the full life-cycle project budget, scope, and cost codification.
  • Support the project manager in their delivery of the project regarding cost.
  • Liaise with the change manager to agree the cost element of trends and changes.
  • Support the overall organisational change (trending and MoC) process; ensuring it is rigorously applied to all changes and that impacts are fully assessed and incorporated into cost forecasts, plans, and budgets.
  • Assure the integration of cost and schedule with the planning team.
  • Act as the gatekeeper for Partner cost data.
  • Implement, administer, and maintain the cost control system (Contruent/PRISM) and procedures to track project budgets, commitments, expenditures, and forecasts for projects of medium complexity and value.
  • Support the preparation and implementation of the Work Breakdown Structure (WBS), ensuring understanding of the broader scope across all project stages.
  • Support the set-up of appropriate control budgets from the TAR & project estimate and schedule, ensuring full understanding of estimate basis, scope, schedule, contracting strategy, and execution plan.
  • Work closely with the Client cost team and monitor site costs.
  • Provide ad hoc support to business cases and investment decisions, working with the Client cost team and commercial team.
About you:
  • Digitally savvy, capable of building lasting client relationships, and leading strong, motivated teams.
  • Understanding of cost management methodologies and techniques.
  • Solid experience in using cost management software systems such as PRISM (Aka Contruent) or EcoSys.
  • Good understanding of earned value analysis.
  • Previous experience on a major construction project.
  • Ability to build lasting client relationships.
  • Degree in Engineering, Business, Quantity Surveying, Construction Management, or equivalent experience, ideally with APC membership.
  • Proven relevant experience in project management or project controls environment in a similar cost role in a construction or consultancy background.
  • Experience in nuclear or high secure sectors is desirable.
My client offers competitive day rates and the role is indicatively outside IR35. If you are interested in this role, please apply by sending a copy of your CV to