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Junior Cost Engineer

Posted: 29 Sep 2020 Closes: 28 Nov 2020
Gloucestershire-Barnwood, UK Competitive
Permanent & Full-time COS_4972

About Costain and your project.

This is an exciting Junior Cost Engineer opportunity working for our EDF Framework in Barnwood, Gloucester.

Costain helps to improve people's lives by deploying technology-based engineering solutions to meet urgent national needs across the UK's energy, water and transportation infrastructures.

Costain supports Energy 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.
What will I be doing?

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.
About you

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.
  • Able to use initiative.
  • Ability to work flexibly within the demands of the project.
  • Good working knowledge of financial systems.
  • 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.
Qualifications
  • Minimum of HNC/HND ideally in a cost related discipline or relevant experience.
Final Statement

Why work for us?

Talent comes in many different guises. At Costain we recognise this and work with employees to take them where they want to go rather than where we think they should go. We are fully committed to creating a safe place to work, where everyone can be at their best, every day. A workplace where everyone can be their true self, feel valued and understood for who they are and what makes them unique.

As a mark of our progress we were named as a Times Top 50 Employer for Women in 2018 and again in 2019. In addition to this, we have won various awards, including IChemE Diversity and Inclusion, Women in Science and Engineering (WISE) Employer of the year and a Business in the Community (BITC) Game Changer award. Manchester and London Pride parades are now established dates in the Costain calendar, and we are proud to be a Stonewall diversity champion. We are a member of Working Families, an early signatory to the BITC Race Charter and a Disability Confident Committed employer.

Costain value that everyone is different and by being different, our people can bring their own valuable contribution to the business. Creating an inclusive culture makes us more able to recruit, retain and progress a diverse workforce, increasing employee engagement and experiencing higher levels of wellbeing.

Our employee benefits

We're dedicated to providing a broad range of rewards and benefits. As well as a competitive salary, our employees enjoy a comprehensive core benefits package which includes:

  • Group Pension Plan, to help you save for the future
  • Employee Assistance Programme, to help employees and their families balance the pressures of work and home life
  • Incentive payments to recognise high-performance
  • Life assurance, to help protect your loved ones financially
  • Funded membership to a professional Institute
  • Private healthcare and dental packages
  • Salary sacrifice cycle to work scheme
  • Discounted gym membership, to keep you as fit and as healthy as you can be
  • Volunteering days, so you can give back to your local community
  • Save as You Earn (SAYE) scheme, that lets you save towards buying shares in Costain

Costain, and the Armed Forces

We actively encourage applications from candidates who have a relationship with the armed forces community whether as a currently serving member or reservist, ex-military or wounded personnel or as a member of a service family.

Right to Work & Security Checks

Understandably given the nature of our business, everyone who is employed at Costain must undergo thorough referencing checks. We will need different information depending on the job we have offered you. For all roles, we'll carry out a criminal record check and we'll ask to see evidence that you have the legal right to work in the UK. You may be required to obtain and maintain security clearance of at least Security Check level (or SC clearance). To satisfy the requirements, you will need to have been a legal UK resident for a minimum of 5 years and have successfully complete all stages of the vetting process.

Closing date

Please note that Costain reserves the right to bring forward the closing date of any of its job vacancies if we receive a suitable number of quality applications from which to make a shortlist. Therefore, we recommend at you apply as soon as possible rather than wait until the published closing date.

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