Junior Cost Engineer

As Junior Cost Engineer you will be responsible for providing cost management and will monitor, control, and forecast the costs during the Project lifecycle.,

• Control, monitor, analyse and report cost related aspects for designated projects within a Portfolio to comply with Project Reporting Cycles..
• Implement the correct and appropriate cost management tool for the project in accordance with Central Technical Organisation (CTO) Programme Office processes/templates.
• Understand the basis of the estimate.
• Ensure all cost and contract transactions on a project are understood and managed in an appropriate way.
• Ensure the necessary cost management interface is in place with Finance and ensure regular communications
• Active involvement in the change process, understanding the reasons for and factors influencing each change to the project's cost baseline plus the implications of such change.
• Liaise with Project team members , including the Planning Manager and contractors with regards to progress and financial forecasting.
• Challenge cost variances against the baseline plan with individual task leaders/contractors and/or outside stakeholder management as necessary to enable mitigation.
• Contribute to the drafting and updating of Project Documents (PDD, IRM papers etc.) to ensure that they contain the project Scope of Work, KPI's, payment milestones and the methodology for controlling the project schedule, costs, and variances etc.
  
  The individual will require previous experience of cost control together with the ability to administer transactional aspects in SAP, including order placement and accruals.
• Excellent MS Office skills and well versed in the preparation of reports and information using packages such as Word, Excel, and PowerPoint.
• The ability to reconcile cost information as it applies to the programmes of work.
• Proficient in the use of Earned Value Analysis.
• Self-motivated with good interpersonal skills working in a team environment.
• Good attention to detail with good time management skills and a high level of numeracy and excellent analytical skills.
• Excellent communication and presentational skills., Essential
• Minimum of HNC/HND ideally in a cost related discipline or relevant experience