We are looking for a Junior Cost Engineer to work on our EDF Project Controls Framework at Sizewell B, Suffolk. 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.
Technology Enabling Services
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.
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
Minimum bachelors degree ideally in a STEM related discipline (not essential) or relevant experience
25 days' annual leave plus an extra day if moving to a new house
24/7 Employee Assistance Programme
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