Cost Engineer

Westlakes Recruit are currently recruiting for a Cost Engineer to be engaged on a contract basis, based in Glasgow.

What you will bring:

• Technical expertise in Cost Management services across complex infrastructure.
• An excellent understanding of industry benchmarks / best practices, Cost and Work Breakdown Structures, and methods of measurements (e.g. industry standards such as NRM etc).
• Proven technical skills to monitor, analyse, and control cost performance against set targets.
• Technical ability to challenge engineering teams and identify/cost efficient solutions.
• Collaborative behaviours and technical expertise to interface with wider project controls expertise including schedule logic and risk exposure.
• Commercial, quantity surveying, and/or finance skills, with full working knowledge of the construction industry, and an understanding of NEC4 contracts.
• Ability to develop and understand performance measurement of projects using Earned Value.
• Management (EVM) and similar techniques.
• Major project/programmes work experience.

Key Accountabilities:

• To work with the Project manager to provide informed forecast and prepare the project for month end reporting.
• Work with the Project Manager(s) to provide informed forecasts for the Project (for the Financial Year and Project Lifecycle)
• Collaborate with the Project Planner to ensure forecasts are informed and aligned to the programme.
• Review and Track Costs and Forecasts to ensure and demonstrate continued affordability.
• Produce Cost Reporting Outputs in a timely manner for month end reporting, inputting into all relevant internal financial systems.
• Attending monthly supplier Project Meetings and carry out associated contract administration as required, via CEMAR.
• Raise purchase and contract requisitions and occasionally receipting invoices within the relevant internal system.
• Assessment and checking on invoices and valuations and providing advice to PM to resolve invoice queries.
• Monitoring cost against change and attendance of the change control/EWN meetings

Essential Skills and Experience

• Ability to communicate cost and performance information to peers/project managers/stakeholders in a way that is understood by all.
• Detailed working knowledge of cost engineering functions, cost control and cost analysis.
• Experience of working in a wider Project Controls team, understanding the importance of aligning the cost forecast to the Programme.
• Detail-oriented and organised, with experience of identifying, analysing, and solving problems.
• Good presentation and reporting skills.
• Educated to diploma level.
• Ideally 2+ years' experience estimating

Desirable Skills and Experience

• Diploma level educated, or Degree qualified in a construction or finance related field. Preferably with RICS, ICE, AACE, ACostE membership or similar.
• Experience of NEC forms of contract.
• Nuclear experience.
• Relevant Professional Membership or working towards.
• CEMAR experience

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