Cost Engineer

Cost Engineer

Full-Time 62100 - 75900 $ / year (est.) On-site
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At a Glance

  • Tasks: Manage project finances and analyse performance using cutting-edge tools.
  • Company: Vulcain Engineering, a leader in sustainable engineering solutions.
  • Benefits: Competitive salary, career growth, and a focus on inclusiveness.
  • Other info: Dynamic team environment with opportunities for professional development.
  • Why this job: Join groundbreaking nuclear projects and shape a sustainable future.
  • Qualifications: Experience in cost management for major infrastructure projects.

The predicted salary is between 62100 - 75900 $ per year.

Vulcain Engineering, a player in engineering and consulting, supports global industrial leaders in their transition to a more responsible and sustainable future.

We support our customers in the design, construction, commissioning and operation of their complex infrastructures that will shape the world of tomorrow.

With operations in 17 countries and employing over 6,000 staff worldwide, our business responds to the needs of our clients by delivering expertise in the form of high added value engineering services.

In the UK, we have a key focus on the Nuclear sector, contributing to groundbreaking projects such as Hinkley Point C (HPC).

The Cost Engineer will be part of the Integrated Project Controls team.

The team acts as a centre of excellence for project controls implementation, providing a single source of delivery performance information.

It operates across a matrix organisation supporting various project programmes, including Central, Site, Engineering, MEH, Nuclear Island, Conventional Island, Balance of Plant, Instrumentation and Controls, and Commissioning.

They will be responsible for managing and controlling the finances of projects or programmes using appropriate tools to analyse the performance of the schedule/plan.

Cost Engineers should report the cost performance of the plan to senior members of the team and communicate effectively with stakeholders responsible for delivering the plan to ensure that it is representative of current progress.

Key Responsibilities

  • Developing, managing and updating project and programme plans including full costing, development of WBSs, resource management, cost management of risk and critical path review, using appropriate software and tools.
  • Managing the change control as the project/programme scope changes, using the correct processes and updating the necessary configuration documentation.
  • Understanding the need for project baseline control and different types of baseline change.
  • Understanding the tools (e. g. EVM) to assess project cost performance against the baseline schedule.
  • Understanding risk and opportunities and integrating the cost of these strategies effectively into the plan/schedule.
  • Understanding project control methodologies and processes for programme and project management.
  • Producing monthly reports.
  • Integrating with project estimates, schedules and performing the cost management requirements.
  • Required Qualifications and Experience
  • Experience working as a Cost Engineer on major infrastructure, energy or highly regulated projects.
  • Understanding of cost management methodologies and techniques.
  • Ability to understand and use cost management software.
  • Understanding of earned value analysis.
  • Reside locally to London/Ipswich or be prepared to relocate, as this permanent role does not include travel expense coverage.

Alongside a Commitment To Our Values Of Care & Compassion, Performance, Team Spirit, And Inclusiveness.

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Cost Engineer employer: Vulcain Engineering Group

Vulcain Engineering is an exceptional employer, offering a dynamic work culture that prioritises care, compassion, and inclusiveness. As part of our Integrated Project Controls team in the UK, you will have the opportunity to contribute to groundbreaking nuclear projects while benefiting from professional growth and development in a supportive environment. With a commitment to sustainability and innovation, we empower our employees to make a meaningful impact on the future of engineering.

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Contact Details:

Vulcain Engineering Group Recruitment Team

We think you need these skills to ace Cost Engineer

Cost Management
Project Controls Implementation
Financial Analysis
Schedule Performance Analysis
Change Control Management
Baseline Control
Earned Value Management (EVM)