Cost Engineer - Project Controls - Energy Projects

Overview

In this Cost Engineer role, you will lead cost control across multiple projects within a major Energy & Natural Resources programme. You’ll build robust cost data, Baselines, and forecasts to support timely decisions for the client. You’ll work with cross-functional teams to align time, cost and risk, delivering on cost targets and quality standards. This position offers the opportunity to shape cost management in a high-impact, transformation-focused organisation.

Responsibilities

• Tailor cost control approaches to client needs and align with best practices
• Implement and maintain cost control systems to track budgets, commitments, expenditures and forecasts
• Collaborate with the Integrated Project Team to create an accurate Performance Measurement Baseline (PMB)
• Develop Cost Breakdown Structures (CBS) and align budgets with Work Breakdown Structures (WBS)
• Map cost estimates to WBS and set budgets against Work Packages and Control Accounts
• Adhere to NEC or FIDIC contract processes for cost data management and reporting
• Lead accruals production to reflect Actual Cost of Work Performed (ACWP)
• Support change processes with cost information for change notes and forecasts
• Update forecasts for Estimate To Complete (ETC) and cost capture requirements
• Ensure PO structure aligns with work orders and CBS for cost performance clarity
• Validate supply chain data to improve forecasting and reporting
• Communicate cost control updates effectively to management on complex projects
• Demonstrate leadership in cost control and develop team capabilities

Key requirements

• Professional project controls experience specializing in Cost Engineering/Control
• Understanding of Earned Value Management (EVM), progress reporting, forecasting and performance reporting
• Strong communication, leadership, and stakeholder management skills
• BPSS level security clearance eligibility
• Member of a professional body (e.g., APM, PMI)
• Experience leading Cost Control Assurance activities
• Knowledge of cost forecasting techniques and integration with other Project Controls (Scheduling, Risk, Change)
• Ability to make risk-based decisions and lead by example
• Desire to work in the nuclear sector

• leadership ability
• effective communication
• stakeholder management
• Earned Value Management (EVM)
• Cost Control and Forecasting
• Cost Breakdown Structures (CBS)

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