Cost Engineer

Morson are currently recruiting for a Cost Engineer based in Dungeness, Kent hybrid working.

Key Responsibilities

· Take ownership of the cost trackers

· Work with the Project Managers to ensure contracts and forecasts are effectively managed

· Control, monitor, analyse and report cost related aspects for designated projects

· Implement the correct and appropriate cost management tool for the project

· Assist in development and use of Project Control Structures (CBS, OBS, WBS etc.)

· Understand the basis of the estimate

· Ensure all cost and contract transactions on a project are understood and managed

· Ensure all variances to the cost baseline are communicated

· Ensure the necessary cost management interface is in place with Finance and ensure regular communications

· Active involvement in the change process, understanding the reasons for and factors influencing each change to the project’s cost baseline plus the implications of such change

· Continually monitor Project Risk and Change status to maintain current forecast

· Review and understand, with the assistance of the Planning Engineer, the schedule progress and it’s alignment to the Project Control Structure

· Liaise with Project team members and contractors with regards to progress and financial forecasting

· Update the Cost Tool to comply with Project Reporting Cycles.

· Challenge cost variances against the baseline plan

· Ensure integration with the project Planning Engineer to maintain an aligned financial position with the project plan

Knowledge, Skills and Experience

· Breadth of experience across whole project and programme lifecycle (e.g. Engineering, Procurement, Construction, Installation/Commissioning processes), preferably in a highly regulated environment

· High level of numeracy and excellent analytical skills

· The ability to reconcile cost information as it applies to the programmes of work

· Proficient in the use of estimating, scheduling, programming and risk tools

· Proficient in the use of Earned Value Analysis

· Good attention to detail with good time management skills

· Relevant experience in Project Controls and/or Project Delivery, preferably in a highly regulated environment

· Evidence of strong engineering background, ideally within a safety/regulated environment

Qualifications

· Minimum of HNC/HND ideally in a cost related discipline or relevant experience MACostE desirable

Please send CVs to (url removed)