Senior Cost Engineer

Pdms Group; Aberdeen City; Hybrid; GBP 100,000 - 125,000; Full time

Job summary

A leading engineering firm in Scotland is seeking a Senior Cost Engineer to manage and report on project costs effectively. This full-time position offers a hybrid working model and entails ensuring cost commitments are tracked, providing cost engineering services, and generating detailed reports. Ideal candidates will hold an HND or equivalent and possess proven experience in cost management within similar projects. Strong proficiency in MS applications and excellent communication skills are essential for success in this role.

Qualifications

• This role requires a relevant qualification (HND or equivalent).
• Candidates must have demonstrable experience in similar projects.

Responsibilities

• Manage and guide Cost Engineers throughout projects.
• Generate and maintain accurate cost reports for clients.
• Identify budget variances and implement corrective actions.

Skills

Proficient in reviewing and interpreting plans and schedules

Demonstrable People Management experience

Excellent written and spoken English

Education

HND or equivalent in a relevant subject

Tools

MS applications

Job description

Role Summary:

The Senior Cost Engineer is responsible for the effective management, control and reporting of project costs for larger projects in a consistent manner and in accordance with all relevant Company policies and procedures. This full time employee role is available on a hybrid working model (3/2) at our office in Grangemouth.

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 / PD&MS 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

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

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

We welcome applications from all persons regardless of race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran or disability status.