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Date Added: Fri 21/06/2024

Senior Cost Engineer

Reading, UK
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Company: AWE PLC

Job Type: Permanent, FullTime

Salary: £50,000 - £60,000 per annum

We need an Experienced Senior Cost Engineer to join our Business Management team at AWE Nuclear Security Technologies.

It's a truly exciting time to join us with a lot of scope for progression and work on fascinating projects. (And don't forget, every second Friday off!)

Location: Hybrid and fully flexible working, with our offices based near Reading at RG7 4PR. You will need to be onsite up to 2 days per week with occasional need for more days in the office at the end of the month.

Salary Range starts at: £48,030 this is very much open to upwards negotiation if you have the skills and experience that we need.

What's exciting is:

You will be joining the business as it embarks on one of the most complex infrastructure programmes in the country at a pivotal moment in its evolution. The UK government has committed substantial investment into improving our infrastructure, so we are building a talented team to make the most of this opportunity.

The role of a Senior Cost Engineer is multifaceted and involves working with many different partners, so the ability to form strong relationships is essential along with great relationship building ability. The role entails establishing developing and maintaining of timely and accurate project cost data. It also carries responsibility for reports such as forecasts, performance analysis, earned value, cash flows, and monthly reports on the Actual Cost of Work Performed (ACWP).

A Senior Cost Engineer is both a technical lead and an SME, providing technical support and advice to the Cost Engineering Team.

A typical day for a Senior Cost Engineer could look like this:

  • Implementation of appropriate procedures, processes and systems
  • Task managing capacity and deployment of the Cost Engineering Team in support of the Business Management Group Leaders
  • Preparation, monitor and control of forecasts and budgets for specified projects, including change controls
  • Interrogation of systems and performance to ascertain actual expenditure and project accruals
  • Assessment of supplier Application for Payment
  • Preparation of cost reports, including trend analysis and early warnings where necessary
  • Conducting full and detailed SPI, CPI variance analysis and subsequent root cause analysis, followed by provision of narrative, recommendations & recovery planning
  • Establishing the Project Cost Breakdown Structure (CBS) and heading the preparation of cost studies utilising historical data
  • Developing benchmarking information to meet specific needs
  • Providing trended data to the Project Manager based on performance to date and emerging trends including making recommendations
  • Tracking workforce productivity and analysing time booked to projects including resource usage vs. planned, resource constraints, etc.

We would like you to demonstrate or have experience of:

  • Professionally qualified with chartered or equivalent status
  • Success in a Project Controls environment or similar Cost role on major construction projects
  • Proficiency with tech such as Cost tools, Excel and IT
  • Building rapport and creating great relationships
  • Motivating and building teams

Why work for us?

AWE has been voted one of the best 25 big companies to work for in the UK again this year. So, when you work with us, you can take advantage of a great package of benefits and development opportunities on top of your salary including:

  • 25 days annual leave
  • Every other Friday off (AWE works a 9-day fortnight)
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