Senior Cost Engineer

We need an AWE
some Senior Cost Engineer to join our Business Management team at AWE.

It's a truly exciting time to join us with a lot of scope for progression and work on fascinating projects. (And don't forget, every second Friday off!)

Location: Hybrid and flexible working, with our offices based in Berkshire between Reading, Basingstoke and Newbury with onsite parking and public transport services.

Salary: Starting at £45,110, this is very much open to upwards negotiation if you have the skills and experience that we need.

What's exciting is:

You will be joining the business as it embarks on one of the most complex infrastructure programmes in the country at a pivotal moment in its evolution. The UK government has committed substantial investment into improving our infrastructure, so we are building a talented team to make the most of this opportunity.

As a Senior Cost Engineer
, you will be working on a critical construction programme with responsibility for all aspects of Cost. The role is multifaceted and involves working with many different partners so the ability to form strong relationships is essential along with previous stakeholder engagement experience.

You will be responsible for the establishment, development, maintenance of timely, accurate cost data, and reports, including forecasts, performance analysis, earned value, cash flows, and monthly reports on the Actual Cost of Work Performed (ACWP).

Every day is different and could include any or all of the following:

Reporting and data extrapolation

• Production of weekly reports in Oracle Fusion using tools such as EXCEL:
  Pivots and Formulas such as LOOKUP to run and extrapolate data.
• The reports inform project teams:
  How are we doing? What will we spend? Factors to consider in terms of cost include labour resource and commitments such as purchase orders.
• There's lots of variety within Project Controls at AWE, the focus could be 1 year or 10 years in terms of projection.
• Physical run of reports in Fusion - mainly bespoke extrapolation of specific data.
• Amending and adapting spreadsheets so they are fit for purpose for each report.
• Identifying anomalies in data then analysing and interrogating the information before providing an analysis to support the project manager with understanding Cost.
• Accruals / Prepayment - this is key as it requires a good understanding of the principles of prepayments to ensure compliance within Project reporting.
• Checking and actioning project transfers - moving the correct transfers between projects or within a project.
• Understanding source of transactions and data flow to ensure that the Cost transactions are understandable.
• ADFDI Uploads - (Interface to Fusion upload) to create forecast data.
• Using tools such as P6 for budgeting on bigger projects to extrapolate data.
• Utilising spreadsheets for forecasting.
• Oracle projects housekeeping - ensuring work break down structure is up to date and reporting flags are maintained - i.e., charging tasks are correct.
• Maintenance of asset definitions for MOD reporting.
• Using EVM (Earned Value Management) tools and data effectively
• Managing change control by ensuring data and financial values stack up. Is what we are asking for in the system?
• Trend analysis - reviewing data such as manpower/ forecasting/ travel and subsistent - this varies, the project area you are in dictates what costs are key.
• Maintenance of project asset definitions to identify physical assets within a project for reporting purposes.
• Supporting annual budget preparation data for construction
• Early engagement through helping with estimation and forecasting by providing the information used to estimate
  -such as historical data and commitments.

Stakeholder Engagement

• Continuous engagement with stakeholders:
  Planners/ Project Managers/ Task Managers to agree the monthly cycle and commitments.
• Attending forecast meetings as an integral participant as Cost Engineer input to interpret and explain the data is key.
• Immersion within the project to ensure a complete understanding - keeping up to speed with what the Project Manager knows or is planning in order to advise all stakeholders and explain the "why" behind issues.
• Using a blend of charisma and negotiation skills to challenge and influence Project Managers and Task Managers.
• Engaging with Procurement to keep up to date with all of the challenges and movement within the supply chain and how the orders are progressing through the system.
• Making sure that colleagues use the data provided by ensuring it is useful and in language that is easily understandable.
• Raising level of financial awareness within Project Teams.

Why work for us?

AWE has been voted one of the best 25 big companies to work for in the UK again this year. So, when you work with us, you can take advantage of a great package of benefits and development opportunities on top of your salary including:

• 25 days annual leave
• Every other Friday off (AWE works a 9-day fortnight)
• Generous pension contributions of between 9% and 13% (defined…