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Cost Engineer

  • Location:

    Kent, England

  • Job type:

    Contract

  • Sector:

    Civil Engineer

  • Salary:

    Up to £0.00 per annum

  • Contact:

    Michaela Folkes

  • Contact email:

    leiston@morson.com

  • Job ref:

    168747MFO_1570455415

  • Published:

    7 days ago

  • Duration:

    6 months

  • Expiry date:

    2019-10-28

  • Start date:

    ASAP

  • Client:

    Morson International

Morson Internal are pleased to be working with our Client who are currently seeking a Cost Engineer.

Your role will consist of but will not be restricted to the following:
Job Description
Accountable to the Project Manager for service and to the Function Lead
To participate in project reviews and audits and conduct self-assessments of the Cost Engineering arrangements to ensure compliance is achieved with company procedures
Support the preparation of project change controls
Work with the project team to set out and implement cost capture requirements, including ensuring appropriate Work Orders (WO's) are in place, structure of requisitions, aligning Purchase Order (PO) structure with WO's and ensuring sub contract data provided can be used to monitor and control costs
Understand the contract project controls requirements and seek to improve if required (Works information)
Align Purchase Orders with CBS to give clarity of Cost Performance Indices at an appropriate level within the Project
Manage time bookings by ensuring that correct WO codes are available, review and delete as appropriate and authorise creation of new charge codes following approval of baseline and funding changes
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
Accurately apply charging practices to ensure costs are captured correctly in line with estimates and ensure financial data reported reflects a 'true and fair' view (e.g. to ensure that Actual Cost of Work Performed (ACWP) and BCWP reflects a complete picture at any point in time)
Perform post-contract cost activities, e.g. evaluate monthly payment applications, raise payment certificate and Service Entry Notifications (SEN's), assess Compensation Events (CE) and impact of Early Warnings (EW), review and assess Final Account submissions and instigate Defined Cost Audits as and when required (where in place, use Contract Event Management and Reporting tool (CEMAR) for all correspondence and to manage data)
Validate and interrogate supply chain data to assist in accurate cost forecasting and trending and work with the supply chain to understand variances, drive cost accuracy and timely and accurate reporting
Work closely with Contractor assessing and tracking contractor expenditure against progress
Provide reliable & accurate Estimate to Completion (ETC) and Expenditure (ACWP) based on Value of Work Done
Conduct full and detailed Cost Performance Index (CPI) & Cost Variance (CV) analysis and subsequent root cause analysis, followed by provision of narrative, recommendations & recovery plans
Responsible for monthly Estimate at Completion (EAC) reviews and liaise closely with Project Manager and Programmes to inform of forecast and any changes
Monitor contingency requirements and liaise with Project Team regarding contingency management Provide trended data to the Project Manager based on performance trends to date and emerging trends

Ideally the candidate will have Nuclear or Nuclear decommissioning and or heavy civils experience.
Nuclear Security clearance (CTC) would be an advantage, although this can be carried out for the selected candidate.

Additional information
Hours: 4 days per week 9.37per day
Location: Dungeness A Power Station in Kent
Duration: 6 months

For more information please contact Leiston 01728 832862.