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  4. Junior Cost Engineer Hartlepool 2021
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We are looking for a Junior Cost Engineer to work on our EDF Project Controls Framework based at Hartlepool, County Durham. 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.

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 EDF's UK nuclear power stations. As part of this work Costain will develop people capability in core project control skills and provide specialist support to EDF’s Central Technical Organisation to improve project performance and deliver cost efficiencies.

Key Responsibilities

  • Control, monitor, analyse and report cost related aspects for designated projects
  • Work with the Project Managers to ensure contracts and forecasts are effectively managed
  • Implement the correct and appropriate cost management tool for the project
  • Assist in development 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
  • Ensure all variances to the cost baseline are communicated
  • Ensure the necessary cost management interface is in place with Finance and ensure regular communications
  • 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.
  • Challenge cost variances against the baseline plan
  • Ensure integration with the project Planning Engineer to maintain an aligned financial position with the project plan

Knowledge, Skills and Experience

  • 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), preferably in a highly regulated environment
  • High level of numeracy and excellent analytical skills
  • 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
  • Good attention to detail with good time management skills
  • Relevant experience in Project Controls and/or Project Delivery, preferably in a highly regulated environment
  • Evidence of strong engineering background, ideally within a safety/regulated environment

Qualifications

  • Minimum of HNC/HND ideally in a cost related discipline (not essential) 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.

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