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Cost Engineer

Job description

WRS are looking for a Cost Engineer to work for a Major Operator based in the London, UK. We currently have a large number of exciting projects and are looking to grow the Business Team and Increase the support to the Project Management Team. 

This is a contract role, and will be based in the London offices. Right to work in the UK is Mandatory

The Role 
  • Communicate assigned project issues/concerns directly to Project Manager, (Sr. Cost Engineer) and Business Administrator.
  • Develop and maintain cost reports, cash flow and contingency analyses for the individual projects.
  • Provide Cost Estimates.
  • Administer Change Orders and Bid box as required by procedure.
  • Estimates costs of positive / negative scope changes and assess impact on total project cost: work with estimators to get assistance if needed.
  • Ensure accurate reflection of committed/spent funds, Change Alerts, Project deviation notices, field change orders, and project execution changes in all cost documents relating to the construction phase.
  • Assist with managing existing and amended AEL values.
  • Liaison with Human Resource Department to monitor office space which is billable to the project as required to ensure that the project is not billed for space not being used.
  • Derive an accurate and realistic forecast of all funds required to complete the project within the defined budget and schedule while incorporating own trending and analysis and consult with the Project Manager prior to publishing.
  • Ensure accurate representation of cost data in weekly, monthly and adhoc reporting.
  • Alert Coordinating Cost Management Office and Business Management Office and the project team to critical Cost Management issues.
  • Provide assistance for additional cost management related studies and scenarios if required.
  • Prepare and update monthly project updates (MPU).
  • Review of Contractor Progress Payment Certificates for Engineering, Procurement and Construction.
  • Process Service Entry Sheets through SAP once the invoice is approved.
  • PO creation and WBS corrections through SAP.
  • Monitor, analyse & verify project Controllable Costs on a monthly basis through the Operating Statement Dashboard.
  • Change Management (follow the process from COR to settlement).
  • Undergraduate degree in relevant discipline
  • 5-10 years experience in the Cost Management field. 
  • Capacity of analysis and skills for desktop application
  • Good knowledge of English, both written and verbal
  • Mega Capital Projects experience preferred
  • Analyse & Solve problems
  • Communicating openly & effectively
If you meet the requirements and want to be a part of this exciting project, please apply!