Cost Engineer

Millbank Holdings
Bamber Bridge
11 May 2018
18 May 2018
Contract Type
Full Time
An opportunity is available for a Cost Engineer to support the project, based in Preston.

Roles and Responsibilities:
Project Initiation
• Provide support / input to the development of the Project Control Planning (e.g. WBS) / formulating the Project Financial Baseline.
Project Implementation
• Accountable for day-to-day collection of all project cost / financial information.
• Generating and reporting regular project financial data such as spend profiles, budgeted and earned values, forecasts, completion costs etc.
• Responsible for the execution of cost management process.
• Input or update budget information, expenditure information, and forecasts into the cost reporting system(s).
• Responsible for collation, management and analysis of all project variances.
• Assist the Project with client invoices for progress payments, final payments, and release of retainage.
• Prepare / collate inputs into the weekly and monthly reporting on cost flow forecast, cash flow forecast and cost value reporting.
• Involvement in the development of Bottom Up Forecasts
• Provide project financial data to weekly project team meetings
• Assist in assigning personnel to each project work package in-line with WBS.
• Prepare and assist the Project(s) in the preparation of Change Proposal / EWN estimates.
• Collaborate with Project Managers and other Project related personnel to ensure that all costs are accounted for.
• Assistance in raising Contractual variation and Compensation Event Notices.
• Monitor contingency usage in-line with risk trigger / retirement dates and mitigation strategies / activities.
Project Close-out
• Assistance in cost elements of contract close-out / account settlements and closure review meetings

Person Specification:

• Highly orderly, methodical and process driven
• Good written and oral communication skills
• Good general office computer skills
Essential Experience:

• 2+ years of experience is required
• Cost Planning experience
• Earned Value Management experience
• Numerate and competent with financial concepts, cost tracking and reporting
• Minimum of five GCSEs
• UK driving licence

Millbank are an equal opportunities employer and welcome applications from all suitably qualified persons.

Millbank operates as an Employment Agency and Business

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