Cost Engineer in Birmingham, West Midlands, United Kingdom
Birmingham, West Midlands, United Kingdom |
GBP £121 to £230 per day |
Contract
Cost Engineer / Project Accountant
Primary responsibilities and associated duties include:
- Manages and prepares the client Services Cost report, undertakes analysis of actual variance against forecast through reviewing and understanding the underlying cost model (staffing costs and other costs) and the actual transactions from the finance system.
- Maintains the cost model, including updating the model based on trends and compensation events. Prepares re-forecasts periodically, based on guidance from Project Controls Manager.
- Reviews transactions to ensure correct cost coding allocations, and correct job code billing, including challenging apparently erroneous charges with the initiator.
- Work with team members to manage and interpret large data sets
- Manages the internal Trend process, including generating trend values based on staffing plan and other cost variance, and maintaining the project Trend log.
- Interfaces with the Finance function to understand and advise on accruals.
- Assists in certain prime-related matters, including providing cost estimates for additional services, and reviewing and incorporating client change orders in to the cost systems. Maintains the revenue model.
- Reviews prime-related correspondence for potential Trends and assists with the preparation of early warnings (NEC Option E contract).
Preferred Qualifications:
- Achieved, or working towards, a qualification in either cost engineering or accounting.
- Project Controls cost engineering experience
- Experience with preparing PFSR
- Engineering, Construction Management, Finance or Business
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