Planning and Cost Engineer

Our Client
Our client, a major Owner/Operator, is seeking a Planning and Cost Engineer for their projects in London.

Role activities and Tasks
The Planning and Cost Engineer will provide an in-depth knowledge about all aspects of project planning, scheduling, cost management and control systems.

The Planning and Cost Engineer's duties will include but are not restricted to:
*Develop the project cost control strategy, plans and procedures;
*Address issues related to project cost control procedures;
*Participate in the development of project execution plans;
*Participate in the development of estimates and studies within the project stage and for sanction;
*Coordinate and develop appropriate control budgets consistent with project estimate and WBS/CBS;
*Provide cost input to commitment close-out process;
*Review and audit contractor cost control procedures and practices;
*Perform quality assurance on contractor cost-management performance;
*Ensure the development of estimates and studies within a project stage and for sanction.
*Coordinate and develop appropriate internal and external benchmarking and technical limits;
*Coordinate preparation of cost risk analysis;
*Review financial data related to accruals, invoice payments, purchase orders and material deliveries and other financial data;
*Provide cost input to and implement the cost element of change management procedure;
*Provide cost input to and implement the cost element of risk management plan;
*Coordinate the development of risk mitigation plans as delegated;
*Link risk process to change process and estimate;
*Coordinate and develop project work-in-place (WIP), commitment and estimate at complete (EAC) forecasts;
*Coordinate and develop project annual-spend projections, cost reconciliations and variance analyses;
*Prepare project authorisation for expenditure (AFE)
*Assist and prepare cost performance management data;
*Provide interface to other functions and teams to improve processes, resolve conflicting priorities and ensure adherence to best project practices;
*Prepare and implement project-wide cost measurement and reporting system, including roll-up levels and reporting cycle calendar;
*Develop and issue various reports to appropriate stakeholders;
*Develop project close-out plan;
*Work with business unit or project controller and accounting function to ensure adequate financial controls;

Education and Qualifications
To be considered for the role of Planning and Cost Engineer applicants must possess:
*Extensive project control or project management experience on large projects;
*A recognised technical qualification
*Project Management Software Computer skills ie Primavera Enterprise P6, P5, P3

If you are interested in applying for the above role please do not hesitate to email me.