Cost Engineer

Job Description

We are

With a focus on operational excellence, we deliver value through our customized integrated solutions. This approach reduces risk and enhances efficiencies making us a leading and trusted partner every step of the way.

Diversity & Inclusion

EnerMech is dedicated to fostering a diverse and inclusive organization. We believe that diversity enriches our team, and we welcome applications from candidates of all backgrounds, cultures, and identities.

Role:

• The Cost Engineer is part of the Project Controls Team, which operates under the Direction of Engineering, Project Management, and Control Systems a division within EnerMech's Lifting Solutions Business Line
• The Cost Engineer role is primarily responsible for analysing the project estimate, liaising with other functions where necessary to agree the estimate breakdown and prepare a budget for the project that complies with reporting / project control requirements
• Ensure that the business risks are reduced to a minimum and that costs and value are forecasted and reported correctly
• Supporting the relevant regions and business line leadership in providing cost forecasting and reporting

• Prepare and / or implement EnerMech and Client cost control procedures and associated cost coding
• Phase the project estimate in line with the Execution Plan across the durations of each phase of the job
• Ensure manhours and related costs are recorded and coded correctly and that timesheet submissions are made as required in order to support cash flow
• Prepare cost, manhour and cash forecasts based on updated progress, forecasts and trends. Maintain Cost History sheets for every major area of the project
• Prepare project cost and manhour reports in a timely fashion reflecting the current forecasts and trends complete with narratives and explanations for variances etc
• Continuously review the current costs of all service and operational activities against the budget and remain aware of trends resulting from changes to the scope of work
• Control variations to workscope and support with estimate of total costs of variations including manhours and manhour associated costs, additional equipment, materials, etc
• Liaise with planners to ascertain and agree project progress and thus future invoice values
• Carry out analysis of trends and highlight potential problems with recommendations for remedial action on an Early Warning basis
• Prepare adhoc cost studies and estimates as required
• Contribute to building a cost-conscious attitude throughout the project team
• Carry out additional tasks as may be required from time to time
• Be aware of and identify potential back charges from Client/subcontractors
• Liaise with Project Accountant with regard to the contract actual rates and associated cost data
• Possess a significant degree of expertise in all aspects of Cost Control

Requirements

Essential:

• Minimum HNC/HND in Business Management, Quantity Surveying or Law or similar
• Experience in a cost or project controls role, or in an engineering discipline involved in producing cost estimates or proposals
• Commercial and contractual diligence
• Advanced Microsoft Office skills

Preferred:

• Project Management and delivery vs deadlines
• Risk analysis
• Certificates demonstrating self-education in project management, project controls, and data analysis
• Experience in the Lifting Solutions business, with a strong understanding of crane operations and maintenance
• Familiarity with the technical, commercial, and operational aspects of lifting equipment and support services