Cost Engineer, London

London, England, United Kingdom

11/29/2024

Job Description

At Technip Energies, we believe in a better tomorrow, and we believe we can make tomorrow better. With approximately 15,000 talented women and men, we are a global and leading engineering and technology company, with a clear vision to accelerate the energy transition. Designing and delivering added-value energy solutions is what we do. 

From Engineers and Specialists to Project Managers and Support Staff, spread across 13 countries, our people thrive in a dynamic, proactive business balanced with a deep sense of environmental responsibility. Never standing still, we see limitless possibilities for our solutions; and our knowledge-sharing, collaboration and innovative thinking are just a few of the ways we fuel our energy for what we do.

Job Purpose

We are seeking a Cost Engineer to join our London office. In this role, you will contribute to the financial efficiency and overall performance of the project ensuring that costs are meticulously tracked throughout project delivery. Your responsibilities will encompass both cost estimation for project modifications and the organization of cost-related data for the administration of key performance indicators.

Key Responsibilities:

• Collaborating with project stakeholders to prepare accurate time-writing codes for new projects, ensuring alignment with project goals and objectives.
• Monitoring non-billable time within the project team, applying your expertise to maintain these within the agreed overhead charge limits.
• Maintaining an up-to-date record of costs for each project, diligently tracking both incurred and liable costs, and providing regular status updates to relevant stakeholders.
• Fostering effective communication with the corporate team, ensuring timely billing of man-hour costs and supporting efficient financial processes.
• Employing your analytical skills to prepare P50 cost estimates for project modifications, contributing to informed decision-making and resource allocation.
• Leveraging historical data and your keen insight to collate cost norms, drawing from experience to inform current and future projects.
  
  
  

Requirements

Must have:

• Graduate engineer or equivalent qualification.
• Experience in engineering design service contracts.
• Knowledge of both greenfield and brownfield estimating methodology.
• Previous experience, in both greenfield and brownfield industrial or engineering projects.
• Familiar with the administration of Key Performance Indicators (KPIs).
• Computer proficiency.
  
  
  

Nice to have:

• Qualification in Business Management.
  
  
  

We invite you to get to learn more about our company by visiting www.technipenergies.com and follow us on LinkedIn for company updates.

As an equal opportunity employer Technip Energies considers only qualified applicants without regard to colour, age, race, ethnicity, sexual orientation, gender expression, disability, national origin, veteran or marital status.