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Cost Schedule/Controls engineer Specialist I
Job Posted: 20 hours ago
Salary: £ 62,800 - 85,000 / Annum
Job Type: Temporary
Location: Cowdenbeath, Fife
Expire in: a month
Job Description
About the opportunity
We are looking for a highly skilled Cost Engineer with 8-15 years of experience to join our project team. In this role, you will be instrumental in delivering accurate, data-driven cost estimates and project controls support across a diverse portfolio of capital projects. From early concept through execution, your insights will shape project planning, budgeting, and delivery strategies.
This is a temporary on-going contract working fully on-site in Fife. You will also be required to do a drug and alcohol test and DBS checks will be required.
Key Responsibilities & Accountability's:
Cost Estimation & Optimisation
Develop detailed cost estimates across all project phases: concept, feasibility, and execution.
Analyse project scope and specifications to identify cost-effective solutions.
Drive cost optimisation and value engineering initiatives.
Cost Control & Reporting
Prepare and present cost reports, forecasts, and variance analyses to project team and leadership.
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 & Bench-marking
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 analytic to identify trends and improve forecasting accuracy.
Collaboration & Communication
Engage with stakeholders across engineering, procurement, and finance to ensure alignment.
About you
Technical Qualifications
8-15 years of experience in cost engineering, preferably in the energy, oil & gas, or infrastructure sectors.
Proficiency in cost engineering tools (e.g., AspenTech, ACCE, SAP, Oracle, Excel).
Strong understanding of project controls, scheduling, and forecasting methodologies.
Analytical & Strategic Skills
Advanced data analysis and financial modelling capabilities.
Experience in performance reporting, KPI tracking, and scenario planning.
Ability to identify cost-saving opportunities and drive implementation.
Soft Skills & Mobility
Excellent communication and stakeholder engagement skills.
Strong organisational skills and attention to detail.Preferred Experience
Experience supporting project organisations (not just shutdowns/turnarounds).
Proven track record on mega projects or complex capital programs.
Familiarity with industry standards and regulatory frameworks in the energy sectorBefore You Apply
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