Cost Engineer

Morson Edge · Wareham, England ·

Full-time
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Cost Engineer Winfrith £60/h Umbrella rate - Inside IR35 Mon-Thur 37.5-hour condensed week Nuclear decommissioning project 12-month contract likely to be extended The requirement on site a minimum of 2 days a week. Option to work a 4- or 5-day week, but the total hours are the same 37.5 hours.

Project controls role with experience in cost and accounts Cost Engineering Accountable to the project manager for service and to the Function Lead. To participate in project reviews and audits and conduct self-assessments of the Cost Engineering arrangements to ensure compliance is achieved with company procedures Support the preparation of project change controls Work with the project team to set out and implement cost capture requirements, including ensuring appropriate Work Orders (WO's) are in place, structure of requisitions, aligning Purchase Order (PO) structure with WO's and ensuring sub contract data provided can be used to monitor and control costs Understand the contract project controls requirements and seek to improve if required.

Align Purchase Orders with CBS to give clarity of Cost Performance Indices at an appropriate level within the Project Manage time bookings by ensuring that correct WO codes are available, review and delete as appropriate and authorise creation of new charge codes following approval of baseline and funding changes Tracking manpower productivity and analysing time booked to projects including resource usage vs. planned, resource constraints, etc. and make any relevant recommendations to the Project Manager Accurately apply charging practices to ensure costs are captured correctly in line with estimates and ensure financial data reported reflects a 'true and fair' view (e.g. to ensure that Actual Cost of Work Performed (ACWP) and BCWP reflects a complete picture at any point in time) Perform post-contract cost activities where required, e.g.:- Assess the amount due at each assessment date with or without an application from the contractor on contracts where no quantity surveyor available, raise payment certificate and Service Entry Notifications (SEN's), assess Compensation Events (CE) and impact of Early Warnings (EW), review and assess Contract close out and instigate Defined Cost Audits as and when required (where in place, use Contract Event Management And Reporting tool (CEMAR) for all correspondence and to manage data.

Validate and interrogate supply chain data to assist in accurate cost forecasting and trending and work with the supply chain to understand variances, drive cost accuracy and timely and accurate reporting Work closely with Contractor assessing and tracking contractor expenditure against progress Provide reliable & accurate Estimate to Completion (ETC) and Expenditure (ACWP) based on Value of Work Done Conduct full and detailed Cost Performance Index (CPI...

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