Cost Engineer

  • Job Reference: R24515
  • Date Posted: 17 September 2024
  • Recruiter: AWE
  • Website: https://www.awe.co.uk/
  • Location: Aldermaston, Berkshire
  • Salary: £38,140 to £46,000
  • Bonus/Benefits: Every 2nd Friday!
  • Sector: Government & Defence
  • Job Type: Permanent

Job Description

We need a Cost Engineer to join our Project Controls team at AWE.

It's a truly exciting time to join us with a lot of scope for progression and work on fascinating projects within Project Controls. (And don't forget, every second Friday off!)

Location: There is a requirement to be onsite at our offices in Aldermaston, RG7 4PR up to 2 days per week.

Salary: Starting at £38,140 this is very much open to upwards negotiation if you have the skills and experience that we need.

What's exciting is:

You will be joining the business to be part of one of the most complex infrastructure programmes in the country at a pivotal moment in its evolution. The UK government has committed substantial investment into improving our infrastructure, so we are building a talented team to make the most of this opportunity. It is a new approach for AWE and we need someone who can support a new programme in its set up then evolution into a full, long-term project.

As a Cost Engineer, you will be working in Project Controls with responsibility for all aspects of Cost within one of the Programme Controls Teams. You will be responsible for the establishment, development, maintenance of timely, accurate cost data, and reports, including forecasts, performance analysis, earned value, cash flows, and monthly reports on the Actual Cost of Work Performed (ACWP).

All of this will support the project in minimising the Estimate At Completion (EAC) for the Programme in accordance with best value.

A typical day for a Cost Engineer could look like this:

  • Production and maintenance of accurate cost and cash forecasts in alignment with the Cost Assessment of all changes and accurate representation of approved changes within the Programme budgets

  • Assisting with the development of cost systems and reports to ensure delivery of Project objectives

  • Maintenance all cost data for the Programme within the financial control system

  • Provision of timely and focussed cost reporting for the Programme to key stakeholders

  • Accurate assessment of the EAC for the Programme

  • Ensuring that earned value techniques and indices are correctly implemented in the Programme

  • Comparison and analysis of trends within the Programme and identification of risk and opportunities

  • Review, acceptance and integration of cost estimates and forecasts provided by Tier 1 Contractors and suppliers

  • Adherence to governance and Cost standards and procedures

  • Ensuring all Project documents, in particular Sensitive Nuclear Information, is correctly marked, and protected in accordance with AWE policies and procedures

We would like you to demonstrate or have experience of:

  • Professionally qualified up to HNC
  • Success in a Project Controls environment or similar Cost role on a major construction project
  • Adept with tech such as Cost tools, Excel and IT
  • Building rapport and creating great relationships
  • Motivating and building teams

Everyone who works at AWE brings unique skills and perspectives to the table. We recognise that great people don't always 'tick every box'. That's why we focus on your potential, your fit with our values, your transferable skills as well as your experience. Even if you don't meet every point below, but you feel that this role and AWE are a great fit for you, please go ahead and apply, we'd love to receive your application.

Whilst not to be considered a tick list, we'd like you to have experience in some of the following:

The 'Working at AWE' page on our website is where you can find full details in the 'AWE Benefits Guide'.

Important things you need to know:

  • You will need to obtain and maintain the necessary security clearance for the role. This will be funded by AWE. The nature of our work does mean you need to be a British Citizen who has been resident in the UK for the past 5 years in order to apply for SC clearance and 10 years for DV.
  • We want you to feel comfortable and able to shine during our recruitment process. Please let us know on your application form if you need any adjustments/accommodations during the process.
  • Our interviews typically take place over Teams and for most roles are a 1 stage process.

For more information about the role or the recruitment process, get in touch with me (Sunflower) at:

#LI-SM