Cost Engineer

We are

We are EnerMech, a specialist service company that delivers safe, integrated solutions for complex energy projects. For over 50 years, we&aposve been energizing our clients across the world with unrivaled expertise, equipment, and technology that supports the entire asset life cycle - offshore and on land. We enable progress through our three global business lines: Energy Solutions, Infrastructure & Industrial Solutions, and Lifting Solutions. Within these areas, we offer a wide range of services, including cranes, lifting, fluid power, training, equipment rental, pipeline, subsea, process, and valves - all designed to help you optimize performance, enhance reliability, and improve efficiency. With a focus on operational excellence, we deliver value through our customized integrated solutions. This approach reduces risk and enhances efficiencies making us a leading and trusted partner every step of the way.

Diversity & Inclusion

EnerMech is dedicated to fostering a diverse and inclusive organization. We believe that diversity enriches our team, and we welcome applications from candidates of all backgrounds, cultures, and identities.

The Role

• The Cost Engineer role is primarily responsible for analyzing the project estimate, liaising with other functions where necessary to agree the estimate breakdown and preparing a budget for the project that complies with reporting/project control requirements.

• Ensure that the business risks are reduced to a minimum and that costs and value are forecasted and reported correctly.

• Supporting the relevant regions and business line leadership in providing cost forecasting and reporting.
  

Main Responsibilities & Key Result Areas

• Prepare and/or implement EnerMech and Client cost control procedures and associated cost coding.

• Phase the project estimate in line with the Construction Plan across the durations of each phase of the job.

• Ensure manhours and related costs are recorded and coded correctly and that timesheet submissions are made as required in order to support cash flow.

• Prepare cost, manhour, and cash forecasts based on updated progress, forecasts, and trends.

• Maintain Cost History sheets for every major area of the project
• Prepare project cost and manhour reports in a timely fashion reflecting the current forecasts and trends complete with narratives and explanations for variances etc.
• Review continuously the current costs of all construction activities against budget and be aware of trends caused by changes to work scope.
• Control variations to work scope and support with an estimate of total costs of variations including manhours and manhour associated costs, additional equipment, materials, etc
• Liaise with planners to ascertain and agree on construction progress and thus future invoice values.
• Carry out analysis of trends and highlight potential problems with recommendations for remedial action on an 'Early Warning' basis.
• Prepare ad hoc cost studies and estimates as required.
• Contribute to building a cost-conscious attitude throughout the construction team.
• Carry out additional tasks as may be required from time to time.
• Be aware of and identify potential back charges from Clients/subcontractors.
• Liaise with the Project Accountant with regard to the contract&aposs actual rates and associated cost data.
• Possess a significant degree of expertise in all aspects of Cost Control.

Essential:

• Minimum HNC/HND in Business Management, Quantity Surveying, or Law or similar.

• Experience in a cost-per-project controls role or an engineering discipline function involved in producing cost estimates or proposals.

• Commercial and contractual diligence.

• Risk analysis.
  

Preferred:

• Project Management and delivery vs deadlines.

• Advanced Microsoft Office skills
  

Behaviors and Personal Qualities

Essential:

• Conducts and/or supervises complex tasks requiring advanced knowledge of key skills or a thorough working knowledge of a range of key skills.

• Develop a wide range of collaborative links within the organization, actively seeking opportunities to extend the network.

• Participates appropriately in the identification of hazards, the assessment of risk, and the identification of required control measures.

• Generates new ideas and is good at putting them into a wider context.
• Identifies and considers conflicting or ambiguous data in problem-solving.
• Manages progress against schedule and monitors against quality standards.
• Demonstrates ability to interpret relevant commercial and/or legal obligations of role.
• Demonstrates good knowledge and understanding of HSE behaviors and expectations

Preferred:

• Provides technical coaching / professional guidance and assists in the development of others.

• Looks for opportunities before being asked and presents new ideas or approaches.

• Deals effectively with pressure and conflicting priorities.

• Works to develop team spirit and cooperation.