The Cost Engineer plays a critical role in ensuring effective cost management and financial control across a major nuclear project. Operating within a highly regulated and safety-critical environment, the role supports robust planning, forecasting, and reporting to ensure project delivery within approved budgets while maintaining compliance with strict governance, regulatory, and quality standards.
Key Responsibilities
- Develop, implement, and maintain cost control frameworks aligned with nuclear industry standards and regulatory requirements.
- Prepare detailed project budgets, cost forecasts, and cash flow projections across multiple work packages.
- Monitor actual costs against approved baselines, identifying trends, variances, and potential risks to cost performance.
- Deliver accurate, timely, and transparent cost reports to senior stakeholders and governance bodies.
- Support change control processes, including evaluation of cost impacts associated with design changes, regulatory requirements, and scope evolution.
- Collaborate closely with planning, engineering, procurement, and commercial teams to ensure alignment between cost, schedule, and technical scope.
- Perform cost risk and uncertainty analysis, including scenario modelling and contingency assessments.
- Review contractor estimates, compensation events, and applications for payment in line with contract requirements.
- Ensure adherence to nuclear quality assurance standards, audit requirements, and financial governance processes.
- Contribute to value engineering and cost optimisation initiatives while maintaining safety and compliance as top priorities.
Key Skills & Experience
- Demonstrable experience in cost engineering or project controls within nuclear, energy, or other highly regulated infrastructure sectors.
- Strong understanding of cost management techniques, including budgeting, forecasting, and earned value management (EVM).
- Familiarity with nuclear project lifecycle phases, including design, licensing, construction, and commissioning.
- Experience working within regulated environments with strict change control and quality assurance processes.
- Proficiency in cost management systems and tools (e.g., Excel, SAP, Primavera P6, or equivalent).
- Strong analytical capability with high attention to detail and data accuracy.
- Ability to communicate complex cost information clearly to both technical and non-technical stakeholders.
NOTICE TO CANDIDATES ON RECRUITMENT FRAUD - We are committed to safeguarding candidates from fraudulent activity associated with our recruitment process. Please note that we will never offer specialist CV writing services, request payment or ask for sensitive personal information during the recruitment process.
We are committed to equal treatment of candidates and promote, as well as foster all forms of diversity within our company. We believe that bringing together people with different backgrounds and perspectives is essential for creating innovative and impactful solutions. Skills, talent, and our people’s ability to dare are the only things that matter !. Bring your unique contributions and help us shape the future.
