Cost Engineer

Competitive Salary and Employee Benefits

** UK Security Clearance and Advanced Excel Skills required for this role**

Role Purpose

Implement, administer and maintain cost control system, with particular focus on procedures to track project budgets, scope delivery, expenditures and forecasts

Key Activities (not exhaustive)

For a defined list of projects/contracts:

* Monthly update of actual expenditures, ensuring they are all validated and allocated to the correct projects and WBS codes

* Hold formal forecast reviews on a monthly basis with PM and key project budget holders, ensuring values and monthly phasing of forecasts are accurate, realistic and within approved budgets

* Challenge budget holders on variances applying a level of professional approach, in order to understand the underlying causes and implications for the project and the business.

* Production of timely and accurate internal and external reports

* Managing the budget for the contract variations, assisting the commercial function with the production of quotations

* Where applicable, produce detailed payment applications for submission to the client

* Main point of contact for client audits and general queries on forecasts, applications, and reported costs

* Monthly invoicing, cash forecasting, and explanation for variances

* Close working with finance to deal with queries for reporting

Other activities:

* Support Company level reporting and analysis

* Assist with Value of Work Done assessments on all live outsourced work, with a particular emphasis on major subcontracts

* Identifying areas of further efficiency in the business processes and driving improvements

* Supporting colleagues on other projects where needed

Essential role related knowledge, technical skills, qualifications and experience

* Bachelor’s degree qualified

* 3 years of experience as a Cost Engineer or Project Accountant

* Advanced MS Excel skills and Data Analysis

* Ability to produce high-quality reports

* Understanding of commercial and risk management aspects of contracts

* Analytical, questioning mind, with the ability to confidently engage in dialogue with people at all levels of the organisation

* Ability to prioritise, demonstrating first class organisational and time management skills

* Attention to detail, and ability to master the details accurately with a hands-on approach

* Strength in problem solving and investigate/resolve queries

* A friendly and approachable style

* An upbeat, positive attitude that brings energy to the team

Helpful, but not essential:

* Programming experience (VBA, SQL or other common language)

* Knowledge of Primavera P6

* Knowledge of SAP S/4Hana