Cost Engineer

This contract with our Nuclear/Defence client is for a Cost Engineer for 18 months based in Aldermaston / Hybrid –3 days a week on site.  

Key Accountabilities:  

- Complying with appropriate procedures, processes and systems to ensure the quality and consistency of data.  

- Supporting the preparation, monitoring and control of forecasts and budgets for specified projects, including change control.  

- Support system interrogation and performance measurement of actual expenditure and performance, including accruals where necessary.  

- Provide input to cost reports, including trend analysis and early warnings as 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:  

- Support detailed SPI, CPI variance analysis and root cause analysis, including input to the narrative, recommendations & recovery planning in accordance with monthly reporting timescales.  

- Support the creation of the Project Cost Breakdown Structure (CBS) and assist the preparation of cost studies utilising historical data. Providing data for benchmarking information to meet specific needs.  

- Support trended data to assist the Project Manager based on performance to date and seek emerging trends to aid recommendations.  

- Review manpower productivity and time bookings to projects including resource usage vs. planned, identify resource constraints, etc. and support recommendations to the Project Manager.

• Ideally experienced working in a project/programme space on the financial aspects  

- Client could look at people from a financial background, without the Project/Programme experience, if they have the required transferable skills.  

• Analytical ability  

• Number crunching  

• Financial expertise  

• Monthly project finance experience – accruals, receipting, variance analysis  

• Planning and analysis  

• Forecasting and budget profiling  

• Stakeholder relationship experience/skills  

• Experience of inputting into the financial aspects of Business cases and tracking all financial aspects of project  

• Strong MS Excel skills  

Desirable  

• Financial qualification or membership of a professional body such as AAT  

Red Flags  

• This is not a Project co-ordinator role  

• This is not only about month end financial activities