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Cost Engineer
Job Posted: 17 hours ago
Salary: £ 32.12 - 43.48 / Hour
Job Type: Contract
Location: Cowdenbeath, Fife
Expire in: a month
Job Description
This is an excellent opportunity for an experienced Cost Engineer to join the capital projects team on an ethylene manufacturing plant.
The successful candidate will be a highly experienced Cost Engineer who'll bring proven expertise in strategic cost estimation and project controls across the full project lifecycle, from concept through to execution. This is a key role that will help shape project planning and delivery through data-driven insights and cross-functional collaboration.
Key Responsibilities:
Cost Estimation & Optimization
Develop detailed cost estimates across all project phases: concept, feasibility, and execution.
Analyze project scope and specifications to identify cost-effective solutions.
Drive cost optimization and value engineering initiatives.Cost Control & Reporting
Prepare & present cost reports, forecasts, & variance analyses to project and leadership teams.
Monitor project budgets and track actuals against baselines, flagging deviations.Project Controls & Scheduling
Collaborate with planning teams to align cost estimates with project schedules and milestones.
Integrate cost data into project controls systems and tools.Risk Management & Benchmarking
Conduct cost risk assessments and develop mitigation strategies.
Benchmark project costs against industry standards to ensure competitiveness.Procurement & Vendor Support
Support procurement by evaluating vendor proposals and providing cost insights.
Assist in contract evaluations to ensure alignment with budget expectations.Data & Systems Management
Maintain and enhance cost databases and estimation tools.
Leverage data analytics to identify trends and improve forecasting accuracy.Candidate Requirements:
Demonstrable experience in cost engineering, ideally within the energy, oil & gas, chemical manufacturing, or infrastructure sectors.
Proficiency with tools such as AspenTech, SAP, Oracle, and Excel.
Strong analytical, financial modelling, and reporting capabilities.
Excellent communication, organization, and stakeholder engagement skills.
Experience managing multiple capital projects simultaneously is highly desirable.This role falls Inside IR35. Rates advertised are PAYE. Umbrella working is also available if preferred. Further details will be provided upon applicationBefore You Apply
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