Cost Engineer - Energy
New Yesterday
Due to increased opportunities and demand in the Energy & Natural Resources division, the South West team are recruiting for Cost Engineers to join a diverse and supportive team during a period of significant growth. Our nuclear client is at the forefront of industry-leading change, and we are keen to speak to like-minded individuals with senior cost engineering experience to see what Turner & Townsend can offer you.
Candidates will be required to be present in our client office in Bridgewater for 3 days per week.
A Cost Engineer will be responsible for work packages and projects of varying size and complexity. Due to the nature of the programme of works, work packages may vary in size with Cost Engineers accountable for control of cost on multiple smaller projects or one which could be significantly larger in value. A Senior Cost Engineer will be responsible for taking the lead on cost control for multiple non-related projects or single highly complex projects within the programme of works. They will understand and manage relationships between time, cost, risk, change, reporting and scope, with accountability for creating and maintaining robust cost controls and reports that provide our clients with accurate data to drive management decisions. They will play a key role in ensuring that client objectives are met and that projects are delivered to time and cost targets and the appropriate quality standards.
As a Cost Engineer, you have a passion to provide services as required by our clients, which may include:
- Tailoring Cost Control approaches to meet the client's needs and aligning with best practice.
- Implementing, administering, and maintaining cost control systems and procedures to track project budgets, commitments, expenditures, and forecasts.
- Working with the Integrated Project Team to establish a robust, integrated, well structured, accurate Performance Measurement Baseline (PMB) and support the change control process.
- Development of project Cost Breakdown Structures (CBS), align the time phasing of budgets against the Work Breakdown Structures (WBS), to accurately track and control actual costs.
- Map and integrate cost estimates to the Work Breakdown Structure, in order to set the project budget against the correct Work Packages, Planning Packages and Control Accounts.
- Adherence to NEC or FIDIC contract processes for management, control and reporting of cost data.
- Lead the production of accruals to ensure that the Actual Cost of Work Performed (ACWP) is accurately reflected in a timely manner in the cost data.
- Support the change process by providing cost information for change notes and to underpin forecasts.
- Update project forecasts to ensure comprehensive and aligned Estimate To Complete (ETC).
- Work with the project team to set out and implement cost capture requirements, including ensuring appropriate work orders (WO) are in place, structure of requisitions, aligning Purchase Order (PO) structure with WOs and ensuring sub contract data provided can be used to monitor and control costs.
- Align Purchase Orders with CBS to give clarity of Cost Performance Indices at an appropriate level within the Project.
- 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.
- Ability to interact with Management / Leadership members when delivering updates on Cost Control within a complex project/programme environment.
- Ability to guide and influence whilst delivering to cost control processes, on complex projects/programmes along with all associated processes & reports.
- Demonstrate leadership whilst developing technical ability of delivery and cost control team.
SOX control responsibilities may be part of this role, which are to be adhered to where applicable.
Join our social media conversations for more information about Turner & Townsend and our exciting future projects: Twitter, Instagram, LinkedIn.
It is strictly against Turner & Townsend policy for candidates to pay any fee in relation to our recruitment process. No recruitment agency working with Turner & Townsend will ask candidates to pay a fee at any time. Any unsolicited resumes/CVs submitted through our website or to Turner & Townsend personal e-mail accounts are considered property of Turner & Townsend and are not subject to payment of agency fees. To be an authorized Recruitment Agency/Search Firm for Turner & Townsend, there must be a formal written agreement in place, and the agency must be invited by the Recruitment Team to submit candidates for review.
You have senior professional Project Controls experience specializing in Cost Engineering/Control across sectors and the whole Project lifecycle. While nuclear experience is desirable, it is not mandatory. You have a detailed understanding of Earned Value Management (EVM), progress reporting, forecasting, and performance reporting and analysis, and can coordinate with other teams using your multidisciplinary knowledge. You are a strong communicator, demonstrate leadership, and can influence, manage, motivate, coach, and develop a team while fostering diversity and inclusion. You promote empowerment and contribution, and support building a community beyond your delivery role. You also:
- Will be able to obtain BPSS level security clearance.
- Are a member of a relevant professional body e.g., Association for Project Management, Project Management Institute.
- Are familiar with different cost performance reporting and forecasting techniques.
- Have experience leading Cost Control Assurance activities as part of project performance cadence.
- Understand how other aspects of Project Controls (Scheduling, Risk Management, Reporting, Change Control) interact with Cost Control.
- Have excellent verbal and written communication skills.
- Have the ability to make risk-based decisions where parameters are unclear.
- Have strong leadership skills to mobilize, inspire, and lead by example.
- Have strong stakeholder management experience.
- Can navigate through conflict situations and defuse tension.
- Have a desire to work within the nuclear sector.
At Turner & Townsend, we're passionate about making a difference—delivering sustainable Net Zero outcomes, helping our people realize their potential, and creating a prosperous society. We support a healthy, productive, and flexible working environment that respects work-life balance. Turner & Townsend is an equal opportunity employer, celebrating diversity and committed to an inclusive environment for all employees.
#J-18808-Ljbffr- Location:
- Bridgwater, England, United Kingdom
- Salary:
- £60,000 - £80,000
- Category:
- Engineering
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