Description
Location: London, UK
Contract duration: Feb – July 2025
Start Date: ASAP
Project: Shipyard
Currently seeking a Cost Engineer working on a short-term contract in London, the role would be outside IR35 and working on a shipyard infrastructure project. The role of the Cost Engineer provides advisory support to the project management team related to all the cost related activities. The candidate will act as the interface between the Business Team and the rest of the team.
Key Responsibilities:
- Communicate assigned project issues/concerns directly to Project Manager, (Sr. Cost Engineer) and Business Administrator.
- Develop and maintain cost reports, cash flow and contingency analyses for individual projects.
- Provide Cost Estimates.
- Administer Change Orders and Bid box as required by procedure.
- Estimate costs of positive / negative scope changes and assess impact on total project cost; work with estimators to get assistance if needed.
- Ensure accurate reflection of committed/spent funds, Change Alerts, Project deviation notices, field change orders, and project execution changes in all cost documents relating to construction phase.
- Assist with managing existing and amended AEL values.
- Liaison with Human Resource Department to monitor office space which is billable to the project as required to ensure that the project is not billed for space not being used.
- Derive an accurate and realistic forecast of all funds required to complete the project within defined budget and schedule while incorporating own trending analysis; consult with Project Manager prior to publishing.
- Ensure accurate representation of cost data in weekly, monthly and ad hoc reporting.
- Alert Coordinating Cost Management Office, Business Management Office, and project team to critical Cost Management issues.
- Provide assistance for additional cost management related studies/scenarios if required.
- Prepare and update monthly project updates (MPU).
- Review Contractor Progress Payment Certificates for Engineering, Procurement & Construction.
- Process Service Entry Sheets through SAP once invoice is approved.
- PO creation & WBS corrections through SAP.
- Monitor, analyse & verify project Controllable Costs on a monthly basis through Operating Statement Dashboard.
- Change Management (follow process from COR to settlement).
Requirements:
- Undergraduate degree in relevant discipline
- 5–10 years’ experience in Cost Management field
- Capacity for analysis & skills for desktop application
- Good knowledge of English (both written & verbal)
- Mega Capital Projects experience preferred
The next step:
We have an exceptional team in place, and we are pleased to be able to appoint a further person to our growing business. We are aware that you may not ‘tick all boxes’, but if you believe you can genuinely offer some valuable skills & experience to our business please contact our recruitment partner Airswift.