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Senior Cost Engineer

Michael Bailey Associates
Posted 8 days ago, valid for 19 days
Location

Reading, Berkshire RG31 4UR

Salary

£50,000 - £60,000 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The role of Senior Cost Engineer is available for an 18-month contract in Aldermaston, requiring 3 days of in-office work and some travel to Newbury.
  • Candidates should have substantial experience in cost engineering, specifically in project management and financial forecasting, although the exact number of years is not specified.
  • Key responsibilities include implementing procedures for data quality, managing team capacity, and preparing cost reports with trend analysis.
  • The position offers a salary range of £50,000 to £60,000 per annum, depending on experience and qualifications.
  • The ideal candidate will have strong analytical skills and the ability to provide recommendations based on detailed variance analysis and project performance.

Role: Senior Cost Engineer (please note that this is not an accountancy role)Contract Length: 18 monthsLocation:AldermastonAldermastonWest Berkshire3 days per week working in Aldermaston and some travel to NewburyA senior member of the Business Management sub-function providing and delivering cost engineering capability in support of projects.Key Accountabilities:* Implement appropriate procedures, processes and systems to ensure the quality and consistency of data* Task manage capacity and deployment of Business Management team members in support of Group Leaders* Prepare, monitor and control of forecasts and budgets for specified projects, including change control* Interrogate systems and performance to ascertain actual expenditure and project accruals as needed* Preparation of cost reports, including trend analysis and early warnings where necessary.* Perform and support other Cost Engineer requirements as requested.* Maintain and promote high personal standards in environment, safety, health, security and quality and be a great team player.Key Responsibilities:* Conduct full and detailed SPI, CPI variance analysis and subsequent root cause analysis, followed by provision of narrative, recommendations & recovery planning in accordance with monthly reporting timescales.* Establish the Project Cost Breakdown Structure (CBS) and lead on the preparation of cost studies utilising historical data. Developing benchmarking information to meet specific needs.* Provide trended data to the Project Manager based on performance to date and emerging trends including making recommendations.* Tracking manpower productivity and analysing time booked to projects including resource usage vs. planned, resource constraints, etc. and make any relevant recommendations to the Project Manager

Michael Bailey International is acting as an Employment Business in relation to this vacancy.

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.