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Cost Engineer

Job Type
9 Jun 2022
About The Role

PD&MS Group have a great opportunity for a Cost Engineer to join our progressive commercial team based in Aberdeen on an employee basis. The Cost Engineer will e nsure effective management, control and reporting of project costs in a consistent manner and in accordance with all relevant Company policies and procedures.

Responsibilities -

  • Work proactively with relevant PRP to ensure that commitments and c osts are tracked and controlled
  • Provide Cost Engineering service to the contract with responsibility for the accurate Cost Reporting of complete projects or individual elements within major projects
  • Work proactively and meet with the client representatives
  • Generate and maintain accurate cost reports in a form at and frequency that provides clear visibility of the status of expenditure against budgets for internal use
  • Produce regular cost reports for clients as required by the Contract Agreement or Company requirements detailing CTR and CVO values, client approved PO values, billed to date, committed costs, forecast final costs, as a minimum for external reporting
  • Identify variances in project budget and in conjunction with PRP expediently implement corrective actions
  • Regularly monitor man-hour expenditure versus budget and physical progress , ensuring potential over-runs are identified and actioned in a timely manner
  • In conjunction with the PRP, responsible for the management and expedient recovery of Work in Progress costs
  • Maximise sales invoicing on an on-going basis through awareness of project status and billing milestones
  • Actively participate in project kick-off and progress meetings
  • Revi ew and commercially approve CTRs / CVO s and terms and conditions
  • Review and approve client Purchase Orders / PD&MS Contract Review sheets in accordance with contract requirements
  • Evaluate outgoing RFQ s, carry out bid evaluations and provide recommendation for subsequent Purchase Orders in conjunction with the PRP, for 3 rd party services
  • In conjunction with the PRP review and approve all Purchase invoices ensuring compliance with budget
  • Liaise directly with Finance to ensure sales invoices are prepared and issued in a timely manner and resolve invoicing queries
  • Proactive in the provision of improvement proposals to streamline the invoicing / cost reporting process
  • Establish and maintain close working relationships with Finance, Procurement, Planning and Commercial Teams
  • Proactively identify and highlight areas of concern or commercial risks to Commercial Manager
  • Responsible for ensuring professional development is maintained and identified competency requirements are undertaken in a timely manner.
  • Adherence to the Company Integrated Management System
About You

This position would be well suited to an individual with existing cost engineer experience.

The successful candidate would ideally have the following skills and attributes:

  • HNC or equivalent in a relevant subject
  • Competent in the use of MS applications
  • Demonstrable experience in similar projects
  • Excellent written and spoken English
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  • Job Reference: 619771444-2
  • Date Posted: 9 June 2022
  • Recruiter: PD&MS Group
  • Location: Aberdeen
  • Salary: On Application
  • Sector: Sales & Marketing
  • Job Type: Permanent