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.

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