Cost Engineer

  • Location

    Newbury, Berkshire

  • Sector:

    Power, Nuclear and Utilities

  • Job type:


  • Salary:


  • Contact:

    Zaida Bhana

  • Contact email:


  • Job ref:


  • Published:

    7 months ago

  • Duration:

    12 months

  • Expiry date:


  • Start date:


Cost Engineer,12 month Contract, Nuclear, Newbury

Main Purpose

  • Provision of a pro-active cost engineering service to commercial proposals and projects throughout project lifecycle and in accordance with Company procedures and systems, including but not limited to:
  • Setting up cost management arrangements including project structures, cost capture & recording codes.
  • Manage project ACWP including timebooking, subcontract invoicing & payments, service entries, receipting & accruals, journal requests as required.
  • Manage project EAC against baseline budget/control estimate including ETC update, commitments, trending & performance analysis, SPI/CPI.
  • Collate & prepare applications for payment in accordance with specific contract terms.
  • Prepare cost & sales analysis for monthly reports
  • Prepare and input into project detailed cost reports as per project categorisation criteria and requirements.
  • Prepare detailed financial cost reports & forecasts as required.
  • Monitor and control of change.
  • Support the PM / Financial Controller in the production and analysis of cost/sale performance.
  • Support the PM to assess the outturn costs / sales.
  • Contribute to the identification of project risks and the quantification of financial impact.


  • Minimum 5 years cost engineering experience in an appropriate sector (nuclear, process engineering, oil & gas or civil engineering).
  • Sound knowledge of recognised project management and controls principles including Earned Value Management.
  • Sound knowledge of project financial/accounting software, ideally SAP
  • Good knowledge of the uses of commercial scheduling and estimating software. Competence
  • Fully competent in cost engineering in accordance with the requirements defined in the Cost Engineer role description. Qualifications
  • Minimum NVQ Level 3 in Project Controls or associated project or accounting discipline