Senior Cost Engineer

Pdms Group; United Kingdom; Hybrid; GBP 40,000 - GBP 60,000; Full time

Job summary

A leading engineering firm in Grangemouth is seeking a Senior Cost Engineer to manage and report project costs in accordance with company policies. This full-time position offers a hybrid working model (3/2) and requires proficient cost management and reporting skills, as well as people management experience. Ideal candidates will have an HND or equivalent and excellent communication abilities in English. You will collaborate closely with finance and project teams to maximize efficiency and minimize costs.

Qualifications

• Proficient in reviewing and interpreting plans and schedules.
• Demonstrable experience in managing project costs effectively.
• Ability to streamline invoicing and cost reporting processes.

Responsibilities

• Guide and manage Cost Engineers effectively.
• Provide accurate cost reports against budgets.
• Identify budget variances and implement corrective actions.
• Maximise sales invoicing and ensure timely billing.

Skills

MS applications proficiency

Project management experience

People management experience

Excellent English communication

Education

HND or equivalent in a relevant subject

Job description

About The Role

Role Summary: TheSenior Cost Engineer is responsible for the effective management, control andreporting of project costs for larger projects in a consistent manner and inaccordance with all relevant Company policies and procedures.

Thisfulltimeemployeeroleisavailableonahybridworkingmodel(3/2)atourofficeinGrangemouth.

Responsibilities

• Management and provision of guidance and assistance to Cost Engineers
• Work proactively with relevant PRP to ensure that commitments and costs are tracked and controlled
• Provide Cost Engineering service to the contract with responsibility for the accurate Cost Reporting of complete projects or individual elements within major projects
• Work proactively and meet with client representatives
• Generate and maintain accurate cost reports in a format and frequency that provides clear visibility of the status of expenditure against budgets for internal use
• Produce regular cost reports for clients as required by the Contract Agreement or Company requirements detailing CTR and CVO values, client approved PO values, billed to date, committed costs, forecast final costs, as a minimum for external reporting
• Identify variances in project budget and in conjunction with PRP expediently implement corrective actions
  Regularly monitor man-hour expenditure versus budget and physical progress, ensuring potential over-runs are identified and actioned in a timely manner
  In conjunction with the PRP, responsible for the management and expedient recovery of Work in Progress costs
• Maximise sales invoicing on an on-going basis through awareness of project status and billing milestones
• Actively participate in project kick-off and progress meetings
• Review and commercially approve CTRs / CVOs and terms and conditions
• Review and approve client Purchase Orders / PDMS Contract Review sheets in accordance with contract requirements
• Evaluate outgoing RFQ’s, carry out bid evaluations and provide recommendation for subsequent Purchase Orders in conjunction with the PRP, for 3rd party services
• In conjunction with the PRP review and approve all Purchase invoices ensuring compliance with budget
• Liaise directly with Finance to ensure sales invoices are prepared and issued in a timely manner and resolve invoicing queries
• Proactive in the provision of improvement proposals to streamline the invoicing/ cost reporting process
• Establish and maintain close working relationships with Finance, Procurement, Planning and Commercial Teams
• Proactively identify and highlight areas of concern or commercial risks to Commercial Manager
• Responsible for ensuring professional development is maintained and identified competency requirements are undertaken in a timely manner
• Adherence to the Company Integrated Management System

About You

Qualifications

• HND or equivalent in a relevant subject

Experience / Competence

• Competent in the use of MS applications
• Demonstrable experience in similar projects
• Proficient in reviewing and interpreting plans and schedules
• Demonstrable People Management experience
• Excellent written and spoken English

Personal attributes

Our GENES, our core values, define who we are, what we stand for and how we deliver.

• Go the extra mile
• Empower our people
• Never get complacent
• Engage our partners
• Step up and deliver

If this sounds like you, then you could be a perfect fit.

About Us

PD&MS has been engineering solutions in the energy industry and beyond since 2002, our ability to combine innovative ideas with technical expertise sets us apart. A flexible, full-service provider committed to supporting the energy transition, we deliver high-quality project work across the entire lifecycle of assets within the oil and gas, renewables and nuclear sectors. But whoever we work with, the energy, professionalism and purpose of our people that really makes the difference.

Be who you’re meant to be, with PD&MS

We firmly believe in a work culture in which: individual differences are a source of collective strength and pride; everybody can perform to the best of their abilities and on a level playing field; and all colleagues feel they’re part of our team and their voices will be heard. We’re already heartened by the diversity within our organisation, but we recognise that there’s always more we can do to improve further. We welcome applications from all persons regardless of race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran or disability status.

We’re energised by the prospect of operating successfully today, tomorrow and far into the future. But we’re also driven to ensure that our business activities are conducted in socially responsible, morally acceptable and sustainable ways.