Cost jobs in United Kingdom

Job Description

Remarkable people, trusted by clients to design and advance the world.

Wood Process & Energy is looking for Expression of Interest applications for a Junior/Trainee Cost Controller on a full time basis. Please note that this is not currently a live role.

Why join Process & Energy?

The P&E part of the business, which sits in the Operations part of the business can offer a wide range of opportunities which will allow you to develop your skills across a portfolio of onshore projects in different sectors. Our current portfolio includes green hydrogen and fuel switching, as well as supporting local clients with energy transition. Additionally, we work on UK refineries, petrochemical facilities, fine chemicals and pharmaceutical facilities. We have a number of clients who we are working with to design their pilot plants to test exciting new technologies, with a view to partnering with them as they move to design and build full scale commercial facilities.

We have some of the best engineers in the UK, and we have high expectations on the performance of the project teams. Come and join us and be part of the team at this exciting time.

Designing the future. Transforming the world

The role

Through a period of training and on the job learning, learns how to support the preparation and reporting of project cost budgets, and the tracking, management and reporting of project expenditure to enable robust control of projects throughout their lifecycle. Under continuous, close supervision and with support and guidance, learns how to assist in the preparation and reporting of project cost budgets, in accordance with contractual requirements and policies, procedures and standards. This will typically involve the review, analysis and reporting of actual and forecasted project costs against the project approved budget.

What We Can Offer

• Meaningful and interesting projects delivered to leaders of industry across renewables and emerging energy sectors
• Commitment to Diversity and Inclusion; we are an organisation actively committed to diversity and inclusion across our business
• Competitive salary with regular salary reviews to ensure we are rewarding at the right level in line with the market
• Flexible benefits package; inclusive of 33 days annual leave (including public holidays), generous contributory pension scheme, private medical cover, 4x base salary life insurance; all of these and more that can be adapted to suit your own
• Commitment to continued professional development; development plans that are tailored to your individual needs and interests
• Global connections; join experts around the world who are at the leading edge of our industry, shaping the standards of our profession

Responsibilities

• Assist in the development and maintenance of Project Work Breakdown Structure (WBS) and Cost Breakdown Structure (CBS) for specific scopes
• Assist in the development of project budgets in accordance with the Basis of Estimate including statements of work scope, assumptions, man-hour estimates, narratives and review & comment of client documents
• Liaise with procurement, finance and time-capture functions, and third parties as required, to support accurate and timely capture of procurement, materials, subcontract and labour manhour costs, allocating costs in accordance with approved project WBS
• Liaise with engineering, procurement and construction functions, and others as required, to maintain awareness of project activities and their impact on the project budget, schedule and cost forecast.
• Support the project work approval process in terms of accurate cost code allocation and initial budget set-up and approvals
• Assist in the development and maintenance of project cost budgets using appropriate software applications
• Monitor cost commitments and expenditures through all phases of project lifecycle
• Provide input to project cost performance reports in accordance with project reporting requirements
• Support the preparation of updates to project cost forecasts
• Assist in the monitoring and reporting on cost impact of project manpower forecasts
• Assist in development of project change orders / variations in accordance with engineering and construction change notifications
• May facilitate and communicate cost and schedule impact of change notifications
• Monitor overall project cost performance and contingency drawdown
• Attend project meetings as required
• Participate in the project cost close-out process
• Attend cost & estimate risk analysis sessions as required
• Participate in Project Controls Compliance and Continuous Improvement Reviews

Contribute to the delivery of cost budgets and reports where:

• Budgets correspond in structure and monetary value to submitted estimates, the WBS & CBS
• Original and current budgets correspond to approved estimates plus approved scope changes through the project life cycle
• Updates issued in a timely manner and cost reports are accurate within the bounds of the cost system
• Projects are reported accurately and with sufficient detail
• Project issues are highlighted in a timely manner
• Project reports are issued in accordance with the contract reporting calendar
• Scope and design development change orders are correctly identified
• Change orders are tracked and correct submittal and approval dates are entered in tracking system
• Change order status is adjusted within cost reporting system as change orders are submitted and approved

Qualifications

What makes you remarkable?

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.

Qualifications/Skills/Experience

Desirable:

• Typically requires qualifications to ISCED level 3 (Upper Secondary) with good level of attainment in maths
• Good general computer skills
• Basic understanding of project management principles and techniques
• Applies analytical and statistical analysis
• Ability to work independently and as part of a team
• Demonstrates effective organization & planning skills
• Ability to handle multiple tasks and changing priorities in a fast-paced environment
• Good communication skills both written and oral
• Uses initiative and a proactive approach to problem solving
• Commitment to continuous improvement

About Us

Wood is a global leader in consulting and engineering, helping to unlock solutions to critical challenges in energy and materials markets. We provide consulting, projects and operations solutions in 60 countries, employing around 35,000 people. www.woodplc.com

Diversity Statement

We are an equal opportunity employer that recognises the value of a diverse workforce. All suitably qualified applicants will receive consideration for employment on the basis of objective criteria and without regard to the following (which is a non-exhaustive list): race, colour, age, religion, gender, national origin, disability, sexual orientation, gender identity, protected veteran status, or other characteristics in accordance with the relevant governing laws.