Cost Engineer

Suffolk, England, United Kingdom

12/13/2024

Job Description

As Cost Engineer, you will be a fundamental part of our Project Controls team responsible for providing cost management support to the EDF Energy work portfolio. You will be embedded into the client team working alongside other Costain colleagues, our client and their suppliers. Your core Cost Engineering responsibilities will require you to carry out all aspects of cost management and reporting.

Please note potential candidates for this role must be able to obtain and retain CTC (Counter Terrorist Check) level security clearance to be considered for this position. (Minimum 3 years residence in UK).

Responsibilities

• Control, monitor, analyse and report cost related aspects for designated projects within a Portfolio.
• Performance Analysis– identify & understand variances against the baseline.
• Cost Reconciliation
• Monthly reporting including status reports & accountability meetings with stakeholders.
• Cost Forecasting
• Baseline Management
• Change & Risk Management
• Development and use of Project Control Structures (CBS, OBS, WBS etc.)
• Close working relationship with the Planning Project team to maintain an aligned financial position with the project plan, playing a key role in an integrated Project Delivery team
  
  

Qualifications

Essential

• Experience using estimating, scheduling, programming and risk tools
• Exhibits awareness of the level of interaction required with the project team function to support the successful delivery of projects
• Experience of Earned Value Analysis / Earned Value Management (EVM)
• High level of numeracy and excellent analytical skills
  
  

Desirable

• Self-motivated with good interpersonal skills working in a team environment
• Relevant experience in Project Controls and/or Project Delivery, preferably in a highly regulated environment
• Excellent MS Office skills and well versed in the preparation of reports and information using packages such as Word, Excel and PowerPoint.
• HNC/HND, degree qualified or experience in a cost related discipline is desirable
• MACostE
  
  

About Us

Costain helps to improve people’s lives with integrated, leading edge, smart infrastructure solutions across the UK’s energy, water, transportation and defence markets. We help our clients improve their business performance by increasing capacity, improving customer service, safeguarding security, enhancing resilience, decarbonising and delivering increased efficiency. Our vision is to be the UK’s leading smart infrastructure solutions company. We will achieve this by focusing on blue chip clients whose major spending plans are underpinned by strategic national needs, regulatory commitments, legislation or essential performance requirements. We offer our clients leading edge solutions that are digitally optimised through the following five services which cover the whole lifecycle of their assets: future-shaping strategic consultancy; consultancy and advisory; digital technology solutions; asset optimisation and complex programme delivery. Our culture and values underpin everything we do.

About The Team

Costain helps to improve people’s lives by deploying technology-based engineering solutions to meet urgent national needs across the UK’s energy, water and transportation infrastructures.

Skills

Costain provides a project controls and commercial managed service to portfolios and programmes of work across EDF Energy’s eight UK nuclear power stations. As part of this work Costain will develop people capability in core project control skills and provide specialist support to EDFs Central Technical Organisation to improve project performance and deliver cost efficiencies. We are supporting EDF in 2 main areas:

• to successfully deliver projects that maximise the lifespan of their generating stations
• to successfully deliver a Defueling & Decommissioning programme, a first of a kind
  
  

endeavour for the UK.