Cost Engineer

  • Location

    Moor Row, Cumbria

  • Sector:

    Power, Nuclear and Utilities

  • Job type:


  • Salary:

    Up to £38.00 per hour

  • Contact:

    Rachel Troughton

  • Contact email:


  • Job ref:


  • Published:

    25 days ago

  • Duration:

    18 Months

  • Expiry date:


We have an opportunity for a Cost Engineer based at Weslakes, Cumbria.

This role is inside IR35

Job Role

The role is to provide project controls to the design team, reporting directly to the PM.

Responsibilities will include:
Maintain and report (inputting and extracting data where appropriate) time and cost bookings in the project time booking system using suitable cost reporting tools such as Replicon and Excel spreadsheets.
Developing and maintaining a suitable cost breakdown structure (CBS). Ensuring correct allocation of cost and time bookings so that costs against budgets can be monitored. Managing hours booking connections to Replicon and ensuring all connections are pre authorised by the PM and no costs are accrued without the PM authorisation
Prepare regular cost reports for the PM and client central cost/financial control team in line with the client procedures / instructions. This will include the client and sub consultant costs.
Preparation of accurate payment applications / valuation certificates / summaries including forecasts (e.g. 2+2 weeks) and expediting service entry numbers (or Instructions to Invoice) from SL for the full payment due.
Assisting the PM in the production and update of cash flow / expenditure forecasts Estimates at Completion (EAC)
Sub consultant cost monitoring and reporting to client and SL. Review of sub consultant invoices and advising the PM of payments due.
Provision of actual cost data for earned value analysis and input to the relevant sections of the PM monthly client progress report
Weekly updates to programmes including liaising directly with discipline leads to collate progress.
Production of design phase programmes development through collaborative planning sessions
Supply Chain management, production of PR Processing Invoices
Production of CEEWN and General Communication in CEMAR as instructed by the Project Manager

Qualifications Required:
Ability to build, maintain and deliver cost schedules from source data in an accurate, quality and timely manner without supervision
Ability to take instruction and interpret requirements of stakeholders and deliver cost information relevant to their needs.
Ability to show technical problem-solving techniques through the use of standard applications, retrieve cost information and manipulate data to produce quality output in an unsupervised environment
Be fully conversant with processes and requirements to deliver cost engineering activities without supervision
Be fully conversant with the processes and requirements of change control, and be able to provide cost support in this area.
Be fully conversant with the processes and requirements of estimating and planning and be able to provide both planning and cost support in this area.
Can demonstrate sound communication and presentation skills to be able to report key cost trends to all stakeholders
Ability to collect and interpret data to build accurate estimate at completion forecasts
Ability to manage own workload to meet deadlines and timeframes applicable to the stakeholder organisations
Familiar with working under NEC3 contracts
Experience of SL working practices
Experience of AXIOM Project Control Procedures
Experience of producing and monitoring programmes from base estimates.
Good working knowledge of CEMAR would be advantageous but not essential to the role

Design Tools Experience

Advanced Use of Excel

SC Security Clearance would be an advantage