Cost Engineer

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Job ID 16211
Offshore Wind
Contract
Scotland

Cost Engineer required for a leading Offshore Wind Farm developer, based in Scotland

Responsibilities

  • Responsible for the development of a robust cost management system for ensuring that project cost reports are produced, reviewed and published in a timely manner.
  • Accountable for ensuring that the cost tools include latest budget, commitments, actuals / accruals and trends.
  • Development of the interface with work streams to review and challenge costs and encourage simplification and efficient working.
  • Share "best practice" with other projects in the UK offshore wind programme.
  • Assist in the review of ITT and bids relevant to the work streams and assist the estimator with pre FID and FID estimates.
  • Roll out an "early warning" trend / change program.
  • Responsible for providing regular updated cost forecasts, recognising and incorporating the impact of trends, MoC, risks and opportunities. Consolidate project forecasts within a 6 monthly bottoms up update ensuring all inputs are agreed with the work stream leads / work package managers / contractors.
  • Support the project in ensuring the integrated staffing plan is updated and any changes are approved via the PPAF process.
  • Provide regular and reliable assessments of the VOWD ensuring that accruals stand up to audit.
  • Develop and update budgets for both annual and total project work scopes. Provide performance management reports that track quarterly VOWD against budget.
  • Manage contingency and ensure drawdown is approved by work stream leads / project directors.
  • Provide ongoing commitment and expenditure tracking and control, ensuring compliance with project WBS and budgets.
  • Provide input to cash calls.
  • Establish and maintain the project cost reporting calendar. Co-ordinate with work stream leads to have monthly performance reviews, quarterly performance reviews including forecasting accuracy, accruals etc.
  • Support contract close out, financial close / reconciliation, benchmarking and shared learning.

Requirements

  • Experience managing cost engineering / cost control on multi-disciplinary large scale offshore projects.
  • Project experience in the concept development, selection, design and/or construction phases of projects with an excellent track record of delivery.
  • Ability to interface, influence, and work effectively with members of project leadership.
  • Bias for simplification and efficiency with focus on fit-for-purpose deliverables that meet the needs of the business.
  • Ability to produce high quality written reports and summary presentations - able to communicate clarity from complexity.
  • Ability to harness use of digital tools to provide high quality cost management reporting information.


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