Cost Engineer

NSG Environmental Ltd; United Kingdom; On-site; GBP 35,000 - GBP 55,000; Full time

Job summary

A leading environmental services provider in the UK is seeking a cost control officer to manage budgets and improve cost reporting for nuclear projects. The ideal candidate will hold a degree or AAT qualification and have experience in financial performance management and project controls. Responsibilities include oversight of expenditure, assisting with Change Control procedures, and preparing trend analyses for management. A supportive work environment and professional development opportunities are offered.

Benefits

Time and a half for overtime (37.5-60 hours)

Double time for overtime (60+ hours)

Life Assurance 3x Salary

Pension contributions from company

Discretionary bonus

Holiday allowance of 187.5 hours

Professional memberships covered

Qualifications

• Degree level education or AAT qualification is essential.
• Knowledge of Major Projects and Change Control procedures is essential.
• Experience managing Financial Performance is essential.

Responsibilities

• Provide cost management oversight for budget and expenditure.
• Assist in the preparation of Change Control procedures.
• Prepare monthly cost reports and perform trend analysis.

Skills

Competent user of MS Office

Excellent negotiating skills

Ability to organise and prioritise work

Leadership skills

Ability to handle multiple tasks

Communication skills with stakeholders

Education

Educated to degree level or AAT qualified

Membership of a technical/professional body

Job description

NSG Environmental Ltd has been delivering work programmes in the nuclear industry for over 40 years. Traditionally in the areas of decommissioning and waste management, NSG now has a broad customer base and provides a wide spectrum of services across the nuclear project lifecycle, ranging from expert consultancy support, R&D and engineering design to rekit and refurbishment, site installation services and high-hazard physical decommissioning works, amongst others. This work is delivered at NSG’s own offices and purpose-built facilities and nuclear sites across the UK. The delivery and management of these projects and programmes of work is carried out by a skilled workforce composed of both white-collar and blue-collar personnel in technical, administrative, and physical roles.

Our core values of Passion, Integrity, Challenge and Collaboration drive performance and ensure we add significant value. If joining us as a member of staff, we will support your professional development in an exciting and challenging work environment that will enable you to use, develop and hone your technical expertise in a supportive and collaborative working environment.

The Role

To provide a comprehensive and effective cost control and reporting service. To provide cost management, oversight and reporting service for the contract to enable the effective management of expenditure and provide oversight of the budget. Manage the timely collection of data to support on-going budget control and forecasting.

To safely provide cost control management support to the Project Manager in delivering successful projects, product or integrated solutions to time, scope in a cost-effective way.

Key Objectives

Cost Management

Project Controls

• To comply with project controls procedures, processes and systems to ensure that quality and consistency of data is maintained. To contribute to improving the quality and performance of cost control processes and systems.
• To assist in the preparation of Change Control procedures, and subsequent implementation.
• To work closely with the Planning Engineering to ensure costings for project plans are accurate.
• To assist in the keeping of records for change control, trends and the maintenance of trend / change log.
• Assist the Project Team in the day to day management of Project Control activities.
• To be responsible for monthly and ad hoc reporting on behalf of the Project Team and / or Head of Cost Engineering and Estimating.
• To perform any other Project Control duties as and when required by the Project Manager and / or Director.

Project Cost Management

• To interrogate the Business System to ascertain the actual expenditure against critical areas, and provide entries for accruals where needed.
• To be responsible for the preparation of monthly cost reports, identifying critical areas, and providing trend analysis and early warning to the Project Team and / or Project Services Function.
• Ensure budgets are controlled within authorised funding limits and in accordance with financial procedures. Monitor trends monthly, provide analysis to the Project Team and invoke the project change control invoked procedure where required.

Project Reviews

• To assist in the preparation of on-going project reviews and provide advice on corrective actions.
• To identify variances and develop the appropriate mitigation strategies for recommendation to the Project Team.

Technical Competency and Development

• Actively participate in continuous improvement of the company, department, personnel and self.
• Formulate and manage own personal training plan and development activity with the Project Manager.

Person Specification

Qualifications

• Educated to degree level, AAT qualified or equivalent - essential
• Membership of appropriate technical / professional body - desirable
• IOSH Managing Safely or Level 2 Health & Safety in the Workplace or equivalent - Relevant training will be provided if required

Experience & Knowledge

• Knowledge of Major Projects, Change Control procedures and management - essential
• Experience of managing Financial Performance - essential
• Experience of planning and controlling work to Project Control Procedures - essential
• Managing and retrieving information - essential
• Producing and presenting information to high standards - essential
• Reporting requirements and report writing - essential
• Used to dealing with confidential and commercial information - desirable
• Familiar with integrated management system operating procedures and requirements etc - desirable

Skills & Abilities

• Competent user of MS Office - essential
• Able to organise and prioritise own work - essential
• Excellent negotiating, listening and influencing abilities - essential
• Leadership and team working skills within own area and across the business - essential
• Management of deadlines and delivery to schedule - essential
• Able to deal with multiple issues, tasks and priorities concurrently - essential
• Maintenance of database and physical records and files - desirable
• Ability to communicate with a wide range of colleagues at all levels and with external stakeholders and contractors - desirable
• Knowledge of ISO 9001 / 14001 & 45001 - desirable

Package

• Overtime – 37.5-60hours per week – Time and half
• Overtime – 60+ hours per week or Sundays – Double time
• Life Assurance 3x Salary
• Pension – Company contributes 5% Individual contributes 4%
• Discretionary bonus
• 187.5 hours per year holiday allowance
• Professional memberships covered

NSG Environmental are a Disability Confident Committed Employer