Cost Engineer
Job Type: Contract
Work period: Full-Time
Duration: until end September 2026, potential extension
Location: Reading, United Kingdom
Visa Sponsorship: Not Available
Elevate Your Career with Airswift
We are working with a Middle East client to recruit a Cost Engineer, to work in Reading project office in UK. In this role you will be responsible for managing costs on major Middle East project scope.
Role Overview
- Develop and maintain cost reports, cash flow, and contingency analyses for individual projects.
- Provide accurate cost estimates for project activities.
- Administer Change Orders and Bid box as per procedure.
- Estimate costs of scope changes and assess their impact on total project cost.
- Ensure accurate reflection of committed/spent funds and project execution changes in cost documents.
- Assist with managing existing and amended AEL values.
- Liaise with HR to monitor billable office space for the project.
- Forecast all funds required to complete the project within budget and schedule.
- Ensure accurate representation of cost data in reporting.
- Alert relevant offices and project team to critical Cost Management issues.
- Assist with additional cost management studies and scenarios as needed.
- Prepare and update monthly project updates (MPU).
- Review Contractor Progress Payment Certificates for Engineering, Procurement, and Construction.
- Process Service Entry Sheets through SAP post-invoice approval.
- Create Purchase Orders and correct WBS through SAP.
- Monitor, analyze, and verify project Controllable Costs monthly.
- Manage Change Management processes from COR to settlement.
- Communicate project issues/concerns directly to Project Manager and Business Administrator.
Skills & Qualifications
- Cash Flow & Working Capital Management
- Capital Cost Estimates
- Budget Management
- SAP proficiency (optional)
Education & Experience
- Degree in a relevant discipline.
- 5-10 years of experience in Cost Management, with a minimum of 3 years on Middle East Projects.
- Experience in Mega Capital Projects preferred.
Pay & Benefits
- Competitive hourly rate payable.
- Limited Company (Outside IR35 contract)
Unlock your potential with Airswift. Apply now!
About Airswift
Airswift is a global workforce solutions provider specializing in the engineering and technology sectors. With operations spanning over 70 countries, we boast a talent pool of over 9,000 contractors and 1,000 employees. Our unparalleled reach and expertise are unmatched in the industry. Learn more about Airswift at https://www.airswift.com/blog.
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