
Lead Cost Control Engineer
- Stafford, Staffordshire
- Permanent
- Full-time
- Maintains project cost to complete budgets in alignment with as sold position and in coordination with budget holders, consistently with actual progress and trend.
- Supports forecast estimation and verifies the accuracy of the actual to date cost (material, labor, manufactured costs, suppliers’ invoices, timesheets, travel expenses).
- Drive and challenge budget at completion, with analysis through various means (earned value, productivity, cost ratio, market trends…). Validates accuracy of estimates.
- Develop mitigations / catch up plans in alignment with functional leaders and Project Manager.
- Aligns with project team and time schedule to ensure forecasted cost risks are accurately captured and costs time phased.
- Checks and controls cost movements, compares with current scope and progress as well as with previous forecast.
- Communicates cost status / forecasts / risk to budget holders and drives / supports risk mitigation and cost out.
- Presents all financial data in a transparent way, attends project and management review to present cost status, budget deviations and root causes.
- Aligns with Finance Controller to ensure reconciliation takes place between approved project financial data and books.
- Aligns with planner to ensure costs and schedule are aligned, providing time phased cost forecasts for sales pacing.
- Reports on cost movement root causes impacting sales targets.
- Support disputes and analysis of claims.
- Degree in engineering (with financial awareness)
- Advanced and demonstrated years experience of cost controls / project controls / project management on large & complex or turnkey infrastructure projects.
- Experience in risk management processes and tools.
- Knowledge of ERP systems is an asset (SAP preferred).
- Experience managing small teams within a large project is an asset.
- Project planning experience / good P6 planning software understanding is an asset.