Lead Cost Engineer - PSC
UK Visa Sponsorship Analytics
Occupation Type
Estimators, valuers and assessors
Occupation Code Skill LevelMedium Skilled
Sponsorship Salary Threshold
£41,700
(£21.38 per hour)
Standard minimum applies
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Description
Job Description
The Cost Engineer will play a pivotal role within the Venture Management Team, overseeing financial planning and cost control for the project. This position requires strong technical expertise in cost estimation, SAP, financial analysis, and reporting. The incumbent will be responsible for managing project budgets, forecasting expenditures, assessing financial risks, and ensuring overall cost efficiency. The role also involves close collaboration with project management teams, licensors, and contractors, particularly in areas such as contracts, change orders, and negotiations.
Responsibilities
The Cost Engineer will play a pivotal role within the Venture Management Team, overseeing financial planning and cost control for the project. This position requires strong technical expertise in cost estimation, SAP, financial analysis, and reporting. The incumbent will be responsible for managing project budgets, forecasting expenditures, assessing financial risks, and ensuring overall cost efficiency. The role also involves close collaboration with project management teams, licensors, and contractors, particularly in areas such as contracts, change orders, and negotiations.
Responsibilities
- Cost Estimation & Budgeting: Develop comprehensive cost estimates, budgets, and financial forecasts for large-scale capital projects.
- Cost Control & Monitoring: Monitor project expenditures, track variances against approved budgets, and implement corrective measures.
- Financial Analysis: Conduct risk assessments, evaluate contractor cost reports, and provide insights to support decision-making.
- Reporting: Prepare detailed monthly and ad-hoc cost reports for senior management, ensuring accuracy and transparency.
- Experienced Cost Engineer
- SAP knowledge
- Ideally Licensor/Client experience
- Experience of working on large projects/Oil and Gas
Wood is a global leader in consulting and engineering, helping to unlock solutions to critical challenges in energy and materials markets. We provide consulting, projects and operations solutions in 45 countries, employing around 25,000 people. www.woodplc.com
Diversity Statement
We are an equal opportunity employer that recognises the value of a diverse workforce. All suitably qualified applicants will receive consideration for employment on the basis of objective criteria and without regard to the following (which is a non-exhaustive list): race, colour, age, religion, gender, national origin, disability, sexual orientation, gender identity, protected veteran status, or other characteristics in accordance with the relevant governing laws.