Cost Engineer

🇬🇧 United Kingdom - Remote
🏢 Business🔵 Mid-level

Job description

Company Description

At Turner & Townsend our award-winning Controls & Performance team are focused on driving innovation, enhancing our client’s integrated controls capability, improving performance, and delivering better programme outcomes. We have a growing national team of over 600 Controls & Performance professionals. The breadth and scale of our team provides great opportunities to reach back and draw upon a vast pool of experience to enhance your knowledge and career. Our strong capability, discipline communities and varied client base, provides a great opportunity to drive your career, supported by our career pathways.

Please find out more about us at: https://www.turnerandtownsend.com/en/about-us/our-purpose-and-values/

Job Description

The Cost Engineer is responsible for the day-to-day management of cost control activities across assigned work packages. This includes tracking actual costs, forecasting outturns, managing budget changes, and supporting performance reporting. The role works closely with delivery teams, planners, and commercial colleagues to ensure accurate and timely cost data is available to support decision-making. The Cost Engineer also contributes to the development of cost management tools and processes with the support of the Senior Cost Manager and Cost Management Lead.

Day to day duties:

  • Contribute to the allocation and monitoring of budgets across the Work Breakdown Structure
  • Maintain records of budget changes and approvals.
  • Capture actual costs from delivery teams and supply chain partners.
  • Analyse cost data to identify trends and variances.
  • Support cost control activities, including tracking against budget and identifying potential overruns.
  • Assist in preparing cost forecasts and reporting out-turn expectations.
  • Support contract administration activities, including validation of applications for payment.
  • Maintain records of commercial transactions and support audit readiness.

Qualifications

  • Bachelor’s degree in Engineering, Quantity Surveying, Project Management, Finance, or a related field.
  • Professional accreditation (e.g., AACE, RICS) is desirable.
  • Understanding of cost engineering principles and project controls.
  • Experience working with cost tracking and reporting tools.
  • Strong analytical and numerical skills.
  • Ability to work collaboratively in a multi-disciplinary team.
  • Familiarity with budgeting and forecasting processes.
  • Awareness of commercial and contractual principles is desirable.
  • Experience or desire to work within a major complex infrastructure programme

Additional Information

Our inspired people share our vision and mission. We provide a great place to work, where each person has the opportunity and voice to affect change.

We want our people to succeed both in work and life. To support this we promote a healthy, productive and flexible working environment that respects work-life balance.

Turner & Townsend is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees and actively encourage applications from all sectors of the community.

Please find out more about us at www.turnerandtownsend.com/

SOX control responsibilities may be part of this role, which are to be adhered to where applicable.

#LI-MS2

#LI-Hybrid

SOX control responsibilities may be part of this role, which are to be adhered to where applicable.

Join our social media conversations for more information about Turner & Townsend and our exciting future projects:

Twitter

Instagram

LinkedIn

SOX control responsibilities may be part of this role, which are to be adhered to where applicable.

Join our social media conversations for more information about Turner & Townsend and our exciting future projects:

Twitter

Instagram

LinkedIn

It is strictly against Turner & Townsend policy for candidates to pay any fee in relation to our recruitment process. No recruitment agency working with Turner & Townsend will ask candidates to pay a fee at any time.

Any unsolicited resumes/CVs submitted through our website or to Turner & Townsend personal e-mail accounts, are considered property of Turner & Townsend and are not subject to payment of agency fees. In order to be an authorised Recruitment Agency/Search Firm for Turner & Townsend, there must be a formal written agreement in place and the agency must be invited, by the Recruitment Team, to submit candidates for review.

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