Cost Engineer

Cost Engineer

Staff or Fixed Term Contract

Sunderland

Job Purpose

We are seeking a Cost Engineer to support the Wastefront Project. In this role, you will contribute to the financial efficiency and overall performance of the project ensuring that costs are meticulously tracked throughout project delivery. Your responsibilities will encompass both cost estimation for project modifications and the organization of cost-related data for the administration of key performance indicators.

Key Responsibilities:

Collaborating with project stakeholders to prepare accurate time-writing codes for new projects, ensuring alignment with project goals and objectives.

Monitoring non-billable time within the project team, applying your expertise to maintain these within the agreed overhead charge limits.

Maintaining an up-to-date record of costs for each project, diligently tracking both incurred and liable costs, and providing regular status updates to relevant stakeholders.

Fostering effective communication with the corporate team, ensuring timely billing of man-hour costs and supporting efficient financial processes.

Employing your analytical skills to prepare P50 cost estimates for project modifications, contributing to informed decision-making and resource allocation.

Leveraging historical data and your keen insight to collate cost norms, drawing from experience to inform current and future projects.

Requirements

Graduate engineer or equivalent qualification.

Experience in engineering design service contracts.

Knowledge of both greenfield and brownfield estimating methodology.

Minimum 5 years, in both greenfield and brownfield industrial or engineering projects, with at least 2 years in the oil and gas sector.

Familiar with the administration of Key Performance Indicators (KPIs).

Computer proficiency.

Nice to have:

Qualification in Business Management.

Company information

At First Recruitment Group we understand just how important it is to secure the right people. That is why our Recruitment Consultants always take the time to understand requirements in detail and offer sound advice to both clients and candidates.

We actively recruit at all levels and this is a superb opportunity for Cost Engineer looking for new employment.