Project Cost Engineer

Role: Project Cost Engineer
Clearance: Active SC Clearance (mandatory)

Duration: 6 months

Primary Location: Hybrid with some travel either Bristol or Andover office which ever one is closest.

Rate: £400 per day – Outside IR35

Key Responsibilities

• Cost Estimation and Planning:
• Develop and maintain detailed cost estimates for all phases of digital transformation projects.
• Collaborate with project managers, engineers, and stakeholders to establish realistic budgets.
• Budget Management:
• Monitor project budgets and expenditures, ensuring alignment with financial objectives.
• Prepare cost forecasts and provide insights into potential variances.
• Cost Control and Reporting:
• Implement cost control measures to manage project financial performance effectively.
• Generate detailed cost reports and provide regular updates to project stakeholders.
• Risk and Variance Analysis:
• Identify and analyze cost risks and variances, recommending mitigation strategies as needed.
• Conduct sensitivity analyses to evaluate the financial impact of project changes.
• Collaboration and Communication:
• Work closely with procurement teams, contractors, and suppliers to ensure cost efficiency.
• Serve as the primary point of contact for cost-related queries and discussions.
• Governance and Compliance:
• Ensure adherence to defence financial regulations and reporting standards.
• Maintain accurate and comprehensive documentation of cost management activities.

Qualifications and Experience

• Education:
• Bachelor’s degree in Engineering, Finance, or a related field.
• Professional certifications (e.g., CCP, PMP, or AACE) are advantageous.
• Experience:
• Proven experience in cost engineering, project controls, or financial management within defence, aerospace, or similarly complex sectors.
• Familiarity with defence-specific cost management standards and practices.
• Technical Skills:
• Proficiency in cost estimation tools and financial management software.
• Strong analytical skills and attention to detail.

Reasonable Adjustments:

Respect and equality are core values to us. We are proud of the diverse and inclusive community we have built, and we welcome applications from people of all backgrounds and perspectives. Our success is driven by our people, united by the spirit of partnership to deliver the best resourcing solutions for our clients.

If you need any help or adjustments during the recruitment process for any reason, please let us know when you apply or talk to the recruiters directly so we can support you.