Cost Engineer

Cost Engineer

  • Ref No.


  • Salary

    Desirable - Depending On Experience

  • Location


  • Job Type

    Full Time, Permanent

Humber Recruitment is actively recruiting a cost engineer on behalf of our esteemed client, a leading provider of engineering services and solutions across the UK, who is actively seeking to expand its current team.

Department – Project Delivery
Reporting to – Project Delivery Manager
Responsible for staff – No

Principle Responsibilities of the Cost Engineer

Working with Project Managers, Project Engineers and the Finance department to collate and report project Cost data and provide analysis of major cost drivers and/or concerns.

  • Collate all project cost data from the various associated departments within the business and relevant supply chain contracts.
  • To develop an accurate, concise and timely report summarising all invoiced and committed project costs to date.
  • Work with the Project Manager to establish a realistic and accurate final outturn cost and report periodically
  • Analyse new costs and charges to ensure the costs are allocated correctly and realistic for the work carried out.
  • Working with department heads, validate quotes for work to ensure the estimated hours are correct as well as the declared rates for the external resource.
  • Challenge any costs that should not be charged to the project or seem unrealistic for the work undertaken.
  • Review internal spending to ensure that the personnel utilised reflect the role codes assumed in the estimate.
  • Ability to identify non-funded costs/commitments and to highlight excessive charges.
  • Identify variances to estimate and establish appropriate corrective actions with the PM
  • Undertake end-of-project cost review to the establish accuracy of the original estimate and to work jointly with the estimating team to establish verified norms for common activities.

The Individual

  • Will have at least 10 years’ experience of working in a multi-discipline multi-project planning/cost control environment.
  • Good working knowledge of cost reporting practices.
  • Proficient in the use of Excel, database software packages and Client software where appropriate.
  • Competent in the use of cost analysis techniques.
  • Experience in evaluating cost performance status and identifying the key cost drivers in a project.

To apply for the position of cost engineer, simply click the apply button below and complete the resulting form. For more information on the role, call our team on 01472 729768 and we will be happy to assist. You can see our full list of current vacancies by clicking here.

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