Senior Cost Engineer at Costain Group Plc in Stockton-On-Tees, England, United Kingdom | Kablio

Role

Description

cost monitoring

variance analysis

forecasting

labour allocation

change management

reporting

Ensure the necessary cost management interface is in place with Finance and commercial and ensure regular communications.
Monitor, control and analyse the project cost information, identify variances and bring these to the attention of the Project Manager with possible alternatives. Prepare specific reports to facilitate challenge and analysis to meet the project’s specific needs.
Control, monitor, analyse and report cost related aspects for designated projects within a Portfolio.
Provide insights on variances and trends for management intervention
Ensuring the basis of Estimates at Completion (EAC) is predicted using industry recognised approaches, including but not limited to, the latest resourced schedule and EVM productivity as to ensure accurate, reliable and consistent forecasting;
Collate, check and provide Costain staff costs to the commercial team for the application for payment
Review labour bookings and cost allocation in line with agreed project cost allocation principles
Support change Management and the incorporation of change into the relevant Cost Management project artefacts.
Coach/support junior members of the team.
Provide actual costs versus planned for CPI calculation
Provide weekly and monthly cost and hours reporting, planned, actuals and forecasting
Support to the management of contingency.

Requirements

power bi

excel

cost management

degree

analytical

communication

Experience in a similar role on a complex project- ideally Energy
Experience with Business Intelligence Software (such as Power BI) preferred but not essential.
High level of numeracy and excellent analytical skills.
Breadth of experience across whole project lifecycle (Engineering, Procurement, Construction, Installation/Commissioning processes).
Able to demonstrate expertise of Excel and should have had exposure to various bespoke cost management software systems
Degree/HNC/HND ideally in quantity surveying or construction / engineering related discipline or relevant experience.
Effective communication within team and with stakeholders.

Benefits

Information not given or found

Training + Development

Information not given or found

Interview process

Information not given or found

Visa Sponsorship

Information not given or found

Security clearance

Information not given or found

Company

Overview

Founded 1865

Year Established

Established in 1865, the company has over 150 years of experience in engineering and construction.

A leader in providing innovative solutions, specializing in complex, large-scale projects across the UK.
Their expertise spans infrastructure, energy, water, and other high-impact sectors.
Deep history in delivering projects for government, private, and public sector clients.
Recent notable projects include major works in energy, water, and transport sectors, including upgrades to critical infrastructure.
Known for integrating cutting-edge technology to enhance project delivery and safety outcomes.
Services extend from consultancy and design to construction and asset management.
Deeply involved in shaping the UK’s energy transition, particularly in sustainable power generation.

Culture + Values

5% reduced incidents

Safety improvement

Achieved a 5% reduction in workplace incidents over the past three years through comprehensive safety training and equipment upgrades.

100% renewable energy

Energy commitment

Committed to sourcing 100% of our electricity from renewable energy sources by 2025.

95% satisfaction rate

Customer loyalty

Achieved a 95% customer satisfaction rate by consistently meeting and exceeding customer expectations.

50% engagement increase

Employee wellness

Increased employee engagement by 50% through initiatives focused on mental and physical wellbeing.

Integrity – doing the right things in the right way
Customer focus – striving for excellence through understanding, anticipating and meeting customer needs
Be collaborative – teamwork through being connective and inclusive
Be curious – being innovative, agile and constantly learning
Be caring – being empathetic and considerate in what we do
Be courageous – being bold and committed to being better

Environment + Sustainability

38% Scope 1 Emissions

Carbon Reduction Target

Achieved a significant reduction in operational emissions compared to baseline.

80% HVO Fuel Mix

Sustainable Fuel Adoption

Increased the proportion of hydrotreated vegetable oil in the fuel mix.

10% Emission Intensity

Carbon Efficiency Improvement

Reduced emission intensity per revenue unit compared to baseline.

100% Renewable Electricity

Clean Energy Transition

All office energy consumption sourced from renewable tariff-backed providers.

Commitment to deliver low-carbon whole-life solutions to every client by 2023 and to be net zero by 2035
Net zero target for operational and supply-chain emissions (Scope 1, 2 by 2035; Scope 3 by 2045)
Emission intensity (tCO₂e/£M revenue) reduced by 10% compared to baseline
Introduction of a Low Carbon Materials mandate for concrete, cement and asphalt
October 2024 Board-approved climate transition plan with accelerated decarbonisation targets
Carbon reduction tool deployed in 2024 for enhanced Scope 1, 2 and supply-chain emissions tracking
PAS 2080:2023 verification for carbon management in infrastructure achieved Q4 2024
Company awarded London Stock Exchange Green Economy Mark in 2024

Inclusion & Diversity

75% Participation

Best Companies Accreditation 2024

Achieved 'A Very Good Company to Work for' Best Companies one-star accreditation with 75% employee participation.

26 Weeks Leave

Enhanced Parental Leave Policy

Improved maternity and adoption leave to 26 weeks full pay, paternity leave to 8 weeks full pay, and introduced 5 days paid carers' leave.

46/50 Score

Considerate Constructors Scheme

Achieved an average score of 46/50 in Considerate Constructor Scheme contracts, exceeding the industry average of 41.

41% Spend

SME Contract Spend

41% of total contract spend (£650m) went to SMEs in 2024, exceeding the UK Government's 33% target.

Achieved Disability Confident Level 3 and Disability Confident Leader status in 2024
Workforce of ~14,500 people across 170+ sites, with over 30 million hours worked in FY 2024
Since 2016, engagement increased and incidents halved, reflecting safer and more engaged workforce

Articles

Careers at Costain

Sustainability

Our Projects

Role

Description

cost monitoring

variance analysis

forecasting

labour allocation

change management

reporting

Ensure the necessary cost management interface is in place with Finance and commercial and ensure regular communications.
Monitor, control and analyse the project cost information, identify variances and bring these to the attention of the Project Manager with possible alternatives. Prepare specific reports to facilitate challenge and analysis to meet the project’s specific needs.
Control, monitor, analyse and report cost related aspects for designated projects within a Portfolio.
Provide insights on variances and trends for management intervention
Ensuring the basis of Estimates at Completion (EAC) is predicted using industry recognised approaches, including but not limited to, the latest resourced schedule and EVM productivity as to ensure accurate, reliable and consistent forecasting;
Collate, check and provide Costain staff costs to the commercial team for the application for payment
Review labour bookings and cost allocation in line with agreed project cost allocation principles
Support change Management and the incorporation of change into the relevant Cost Management project artefacts.
Coach/support junior members of the team.
Provide actual costs versus planned for CPI calculation
Provide weekly and monthly cost and hours reporting, planned, actuals and forecasting
Support to the management of contingency.

Requirements

power bi

excel

cost management

degree

analytical

communication

Experience in a similar role on a complex project- ideally Energy
Experience with Business Intelligence Software (such as Power BI) preferred but not essential.
High level of numeracy and excellent analytical skills.
Breadth of experience across whole project lifecycle (Engineering, Procurement, Construction, Installation/Commissioning processes).
Able to demonstrate expertise of Excel and should have had exposure to various bespoke cost management software systems
Degree/HNC/HND ideally in quantity surveying or construction / engineering related discipline or relevant experience.
Effective communication within team and with stakeholders.

Benefits

Information not given or found

Training + Development

Information not given or found

Interview process

Information not given or found

Visa Sponsorship

Information not given or found

Security clearance

Information not given or found

Company

Overview

Founded 1865

Year Established

Established in 1865, the company has over 150 years of experience in engineering and construction.

A leader in providing innovative solutions, specializing in complex, large-scale projects across the UK.
Their expertise spans infrastructure, energy, water, and other high-impact sectors.
Deep history in delivering projects for government, private, and public sector clients.
Recent notable projects include major works in energy, water, and transport sectors, including upgrades to critical infrastructure.
Known for integrating cutting-edge technology to enhance project delivery and safety outcomes.
Services extend from consultancy and design to construction and asset management.
Deeply involved in shaping the UK’s energy transition, particularly in sustainable power generation.

Culture + Values

5% reduced incidents

Safety improvement

Achieved a 5% reduction in workplace incidents over the past three years through comprehensive safety training and equipment upgrades.

100% renewable energy

Energy commitment

Committed to sourcing 100% of our electricity from renewable energy sources by 2025.

95% satisfaction rate

Customer loyalty

Achieved a 95% customer satisfaction rate by consistently meeting and exceeding customer expectations.

50% engagement increase

Employee wellness

Increased employee engagement by 50% through initiatives focused on mental and physical wellbeing.

Integrity – doing the right things in the right way
Customer focus – striving for excellence through understanding, anticipating and meeting customer needs
Be collaborative – teamwork through being connective and inclusive
Be curious – being innovative, agile and constantly learning
Be caring – being empathetic and considerate in what we do
Be courageous – being bold and committed to being better

Environment + Sustainability

38% Scope 1 Emissions

Carbon Reduction Target

Achieved a significant reduction in operational emissions compared to baseline.

80% HVO Fuel Mix

Sustainable Fuel Adoption

Increased the proportion of hydrotreated vegetable oil in the fuel mix.

10% Emission Intensity

Carbon Efficiency Improvement

Reduced emission intensity per revenue unit compared to baseline.

100% Renewable Electricity

Clean Energy Transition

All office energy consumption sourced from renewable tariff-backed providers.

Commitment to deliver low-carbon whole-life solutions to every client by 2023 and to be net zero by 2035
Net zero target for operational and supply-chain emissions (Scope 1, 2 by 2035; Scope 3 by 2045)
Emission intensity (tCO₂e/£M revenue) reduced by 10% compared to baseline
Introduction of a Low Carbon Materials mandate for concrete, cement and asphalt
October 2024 Board-approved climate transition plan with accelerated decarbonisation targets
Carbon reduction tool deployed in 2024 for enhanced Scope 1, 2 and supply-chain emissions tracking
PAS 2080:2023 verification for carbon management in infrastructure achieved Q4 2024
Company awarded London Stock Exchange Green Economy Mark in 2024

Inclusion & Diversity

75% Participation

Best Companies Accreditation 2024

Achieved 'A Very Good Company to Work for' Best Companies one-star accreditation with 75% employee participation.

26 Weeks Leave

Enhanced Parental Leave Policy

Improved maternity and adoption leave to 26 weeks full pay, paternity leave to 8 weeks full pay, and introduced 5 days paid carers' leave.

46/50 Score

Considerate Constructors Scheme

Achieved an average score of 46/50 in Considerate Constructor Scheme contracts, exceeding the industry average of 41.

41% Spend

SME Contract Spend

41% of total contract spend (£650m) went to SMEs in 2024, exceeding the UK Government's 33% target.

Achieved Disability Confident Level 3 and Disability Confident Leader status in 2024
Workforce of ~14,500 people across 170+ sites, with over 30 million hours worked in FY 2024
Since 2016, engagement increased and incidents halved, reflecting safer and more engaged workforce

Articles

Careers at Costain

Sustainability

Our Projects