Summary: The Cost Engineer for Transmission Assets will play a crucial role in supporting a 3GW Offshore Wind Project by developing and implementing a project cost management system. This position requires collaboration within a multi-disciplinary project team to ensure high-quality cost forecasts and performance management information. The role is based in Central London with hybrid working arrangements and is classified as outside IR35. The contract is for 12 months with potential for renewal.

Key Responsibilities:

• Responsible for the development and implementation of an effective and efficient project cost management system.
• Responsible for leading the development of processes, procedures, systems and tools in support of the cost management system.
• Responsible for ensuring delivery of high quality cost forecasts, spanning all Transmission workstreams Pre FID and Post FID.
• Responsible for timely delivery of high quality cost performance management information in accordance with the monthly update cycle.
• Responsible for providing project leaders with high quality cost related insights to facilitate decision making processes including variance analysis and Trends.
• Responsible for management of cost contingency.
• Responsible for ensuring Cost discipline integration with other key project processes, such as Planning, Risk Management and Management of Change.
• Accountable for ensuring that the Cost Tools include latest budget, commitments, actuals / accruals, AWP&B updates and Trends / Changes as agreed.
• Develop the interface with workstream leaders / work package managers and contractors to review and challenge costs and encourage simplification and efficient working.
• Provide regular and reliable assessments of the VOWD ensuring that accruals stand up to audit.
• Provide ongoing commitment and expenditure tracking and control, ensuring compliance with project WBS and budgets.
• Identify and quantify actual and potential Forex impacts.
• Provide input to Cash Calls.
• Support contract close out, Financial close / reconciliation, benchmarking and shared learning.

Key Skills:

• Degree or equivalent in Engineering, QS, Project Controls related discipline, or comparable experience.
• +10 Years experience in cost engineering or cost management ideally within offshore wind projects or other multi-disciplinary large scale offshore projects.
• Solid, broad-based project experience in the selection, design and/or construction phases of projects with an excellent track record of delivery.
• Self-motivation and a high level of individual initiative and self-reliance are required.
• 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.
• Strong ability to build partnerships, actively engage and respect contributions of others.
• Influencing and communication skills in English language.
• Excellent inter-personal skills and behaviours.
• 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.

Salary (Rate): 700

City: Central London

Country: United Kingdom

Working Arrangements: hybrid

IR35 Status: outside IR35

Seniority Level: undetermined

Industry: Energy