Junior Cost Engineer 2022

The role

This is an exciting Junior Cost Engineer opportunity working for our EDF Framework at Torness power station.This role requires CTC clearance, therefore the ability to obtain CTC clearance is essential.Costain supports EDF Energy Generation to maximise the lifespan of its eight UK nuclear power stations and prepare for defuelling and decommissioning.

Costain's role is to provide project controls and commercial managed services to portfolios and programmes of work across all of EDF's eight UK nuclear power stations. As part of this work Costain will develop people capability in core project control skills and provide specialist support to EDFs Central Technical Organisation to improve project performance and deliver cost efficiencies. As Junior Cost Engineer you will be responsible for providing cost management support to the EDF Energy Nuclear Generation work portfolio and will monitor, control and forecast the costs during the Project lifecycle.

Key Responsibilities & Outcomes

• Control, monitor, analyse and report cost related aspects for designated projects within a Portfolio.Implement the correct and appropriate cost management tool for the project in accordance with Central Technical Organisation (CTO) Programme Office processes/templates.
• Assist in development of and use of Project Control Structures (CBS, OBS, WBS etc.).
• Understand the basis of the estimate.Ensure all cost and contract transactions on a project are understood and managed in an appropriate way.Ensure all variances to the cost baseline are communicated in a timely manner.
• Ensure the necessary cost management interface is in place with Finance and ensure regular communications.Support the EDF Energy Business Planning process.
• Active involvement in the change process, understanding the reasons for and factors influencing each change to the project’s cost baseline plus the implications of such change.
• Continually monitor Project Risk and Change status to maintain current forecast.Review and understand, with the assistance of the Planning Engineer, the schedule progress and it’s alignment to the Project Control Structure.
• Liaise with Project team members and contractors with regards to progress and financial forecasting.
• Update the Cost Tool to comply with Project Reporting Cycles.Monitor, control and analyse the project cost information, identify variances and bring these to the attention of the Project Manager with possible alternatives.
• Prepare specific reports to facilitate challenge and analysis to meet the project’s specific needs.
• Challenge cost variances against the baseline plan with individual task leaders/contractors and/or outside stakeholder management as necessary to enable mitigation.
• Contribute to progress meetings as required in support of the Project Manager.Regular interfacing and integration with the project Planning Engineer to maintain an aligned financial position with the project Primavera plan.
• Contribute to the drafting and updating of Project Documents (PDD, IRM papers etc.) to ensure that they contains the project Scope of Work, KPI’s, payment milestones and the methodology forcontrolling the project schedule, costs and variances etc.
• Contribute to Lessons Learnt process throughout the Project lifecycle.

Knowledge

• The individual will require previous experience of cost control together with the ability to administer transactional aspects in SAP, including order placement and accruals.
• Breadth of experience across whole project and programme lifecycle. (e.g. Engineering, Procurement, Construction, Installation/Commissioning processes)Working knowledge of relevant Health and Safety legislation Skills
• High level of numeracy and excellent analytical skills.
• Excellent MS Office skills and well versed in the preparation of reports and information using packages such as Word, Excel and PowerPoint.
• Exhibits a strong awareness of the level of interaction required with the project team function to support the successful delivery of projects.
• The ability to reconcile cost information as it applies to the programmes of work.
• Proficient in the use of estimating, scheduling, programming and risk tools. 
• Proficient in the use of Earned Value Analysis.
• Self motivated with good interpersonal skills working in a team environment.
• Good attention to detail with good time management skills.
• Excellent communication and presentational skills.

Qualifications

Minimum of HNC/HND ideally in a cost related discipline or relevant experience.

About Costain

Costain helps to improve people’s lives with integrated, leading edge, smart infrastructure solutions across the UK’s energy, water, transportation and defence markets. We help our clients improve their business performance by increasing capacity, improving customer service, safeguarding security, enhancing resilience, decarbonising and delivering increased efficiency. Our vision is to be the UK’s leading smart infrastructure solutions company.

We will achieve this by focusing on blue chip clients whose major spending plans are underpinned by strategic national needs, regulatory commitments, legislation or essential performance requirements. We offer our clients leading edge solutions that are digitally optimised through the following five services which cover the whole lifecycle of their assets: future-shaping strategic consultancy; consultancy and advisory; digital technology solutions; asset optimisation and complex programme delivery.

Our culture and values underpin everything we do. Your applicationAt Costain we aim to be an accessible, diverse and inclusive organisation to continue to meet our customers’ needs. We will be industry leading in our approach and people from all backgrounds will be proud to work for Costain. Our goal is to have a workforce that is representative of society.