Senior Cost Engineer

Wood is currently looking for an experienced Cost Engineer to join us in our Stockton office on a full time, contract basis.

• Accountable for budgets, commitments, VOWD, cash calls, change control and cost phasing.
• Ensure accurate cost data, actuals mapping, and reporting across bp and IJV systems.
• Deliver accurate forecasts and assure the integrity of the project's final cost position.
• Produce and present cost reports for internal and external stakeholders.
• Analyse cost performance, provide insights, and maintain detailed actuals tracking.
• Support change management processes, including budget transfers and cost impacts.
• Manage cost reporting requirements related to intercompany charges and commercial agreements
• Develop and maintain understanding of execute contract packages and remuneration strategies.
• Support variation control and management alongside the Contract Administration team.
• Participate in payment certificate verification with CAM and Contract Administration.
• Facilitate monthly MPR cost management reviews within PDU review meetings.
• Establish and maintain trend management processes, identifying key cost drivers and risks to support forecasting.
• Understand and analyse progress measurement systems in collaboration with PCM, Planning, and estimating teams.
• Provide cost management support across a diverse portfolio of execute-phase activities.
• Partner with Finance, Procurement, IJV teams and contractors to support effective cost management.

At Wood, we are committed to equal opportunities and welcome all talented individuals to consider joining our team. So even if you don't match every statement below but feel you have some of the experience, knowledge or skills needed for this role, we encourage you to apply. It will take all of us working together to deliver solutions to the world's most critical challenges.

• Typically requires ISCED level 6 (Bachelors) Degree in a relevant technical or business discipline (or equivalent gained through relevant vocational training and/or industry experience)
• Incumbents will typically have relevant cost experience
• Proficient knowledge of cost software and related principles, tools and techniques including budgeting, forecasting and cash-flow
• Proficient knowledge of Project Execution Procedures for Cost Management including Change Management
• Proficient understanding of WBS & CBS structures and project reporting capabilities
• Proficient ability to develop project cost budgets and change estimates
• Proficient ability to prepare cost reports
• Understanding of change management and associated cost and schedule processes
• Understanding of earned value application, cost and schedule variance analyses/trending and what-if scenarios
• Understanding of project management principles and techniques
• Understanding of Cost Management, Change Control, Planning & Risk Analysis & Management