Cost Engineer- Belt- Energy & Natural Resources

Cost Engineer
- Central Belt
- Energy & Natural Resources

• Full-time
• Department:
  Energy and natural resources

Why Turner & Townsend?

At Turner & Townsend our award-winning Controls & Performance team is focused on driving innovation, enhancing our client’s integrated controls capability, improving performance, and delivering better programme outcomes. We have a growing national team of over 600 Controls & Performance professionals. The breadth and scale of our team provides great opportunities to reach back and draw upon a vast pool of experience to enhance your knowledge and career.

Our strong capability, discipline communities and varied client base, provides a great opportunity to drive your career, supported by our career pathways.

Due to increased opportunities and demand in the Energy & Natural Resources division, the North West team are recruiting for Cost Engineers to join a diverse and supportive team during a period of significant growth. Our nuclear client is at the forefront of industry leading change, and we are keen to speak to like-minded individuals with cost engineering experience to see what Turner & Townsend can offer you.

Candidates will be required to be present in our client office in Warrington for 3 days per week.

A Cost Engineer will be required to support the team and their senior cost engineers for work packages and projects of varying size and complexity. Due to the nature of the programme of works, work packages may vary in size with Cost Engineers working across smaller projects or ones which could be significantly larger in value. A Cost Engineer will be responsible for the delivery of accurate and timely project information relating to performance against the project baseline.

The cost engineer would drive the cost performance reporting for the project including all Earned Value Management metrics associated with key project commitments and expenditures. They play a key role in ensuring that client objectives are met and that projects are delivered to time and cost targets and the appropriate quality standards.

As a Cost Engineer, you have a passion to provide services as required by our clients, which may include:

• Development of project cost control data structures to accurately track and control actual costs
• Map and integrate cost estimates to the Work Breakdown Structure, in order to set the project budget against the correct Work Packages, Planning Packages and Control Accounts
• Establishing and setting the project control budget aligned with agreed baselines
• Tracking actual costs both for internal and external expenditure against the cost control structures
• Tracking and controlling project accruals and commitments against set budget constraints
• Adherence to NEC or FIDIC contract processes for management, control and reporting of cost data
• Building project forecasts to include estimate to complete (ETC) and the development of the estimate at completion (EAC)
• Accurate and timely reporting of all project information including Earned Value Management
• Tracking project contingency and exposure associated with risk events and remaining risks on the project
• Tracking project change control to ensure alignment with agreed baselines and control data structures
• Tracking key project trends which can inform future change controls
• Supporting the change process by providing cost information for change notes and underpin forecasts
• Working with the project team to set out and implement cost capture requirements, including ensuring appropriate Work Orders (WO) are in place, structure of requisitions, aligning Purchase Order (PO) structure with WO’s and ensuring subcontract data provided can be used to monitor and control costs
• Monitoring contingency requirements and liaising with Project Team regarding contingency management
• Quantifying cost implications of emergent/additional project work and feeding into relevant documentation where requested (e.g., change control documentation)

Professional Project Controls experience, specialising in Cost Engineering/Control in one or more sectors across the whole Project lifecycle. While nuclear experience…