Cost Engineer job in Surrey

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Job Title: Cost Engineer
Job Type: Contract
Location: Surrey
Company: CV-Library
Category: Engineering

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Job Description: International engineering organisation seeks to secure the services of a proven Cost Engineer for a contract opportunity based in Surrey. As Cost Engineer you will work on a wide variety of infrastructure engineering programmes. To be considered for this contract opportunity candidates must have solid knowledge of financial systems as well as a understanding of inter-relationship between time cost and commercial aspects of project life cycle. You will have a working knowledge of Primavera and SAP finance.


Control, monitor, analyse and report cost related aspects for designated projects within a Portfolio.
Implement the correct and appropriate cost management tool for the project in accordance with the Client s Programme Office processes/templates.
Assist in development of and use of Project Control Structures (CBS, OBS, WBS etc.).
Understand the basis of the estimate.
Ensure all cost and contract transactions on a project are understood and managed in an appropriate way.
Ensure all variances to the cost baseline are communicated in a timely manner.
Ensure the necessary cost management interface is in place with Finance and ensure regular communications.
Support the client Planning process.
Active involvement in the change process, understanding the reasons for and factors influencing each change to the project s cost baseline plus the implications of such change.
Continually monitor Project Risk and Change status to maintain current forecast.
Review and understand, with the assistance of the Planning Engineer, the schedule progress and it s alignment to the Project Control Structure.
Liaise with Project team members and contractors with regards to progress and financial forecasting.
Update the Cost Tool to comply with Project Reporting Cycles.
Monitor, control and analyse the project cost information, identify variances and bring these to the attention of the Project Manager with possible alternatives. Prepare specific reports to facilitate challenge and analysis to meet the project s specific needs.
Challenge cost variances against the baseline plan with individual task leaders/contractors and/or outside stakeholder management as necessary to enable mitigation.
Contribute to progress meetings as required in support of the Project Manager.
Regular interfacing and integration with the project Planning Engineer to maintain an aligned financial position with the project Primavera plan.
Project Documents (PDD, IRM papers etc.) Contribute to the drafting and updating of these documents to ensure that they contains the project Scope of Work, KPI s, payment milestones and the methodology for controlling the project schedule, costs and variances etc.
Contribute to lessons learnt process at project close out.
To apply is easy, contact Oli at Resourcing Solutions on (phone number removed) or just simply apply online

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