Job Description
About the opportunity
We are looking for a highly skilled Cost Engineer with 8-15 years of experience to join our project team. In this role, you will be instrumental in delivering accurate, data-driven cost estimates and project controls support across a diverse portfolio of capital projects. From early concept through execution, your insights will shape project planning, budgeting, and delivery strategies.
This is a temporary on-going contract working fully on-site in Fife. You will also be required to do a drug and alcohol test and DBS checks will be required.
Key Responsibilities & Accountability’s:
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Cost Estimation & Optimisation
- Develop detailed cost estimates across all project phases: concept, feasibility, and execution.
- Analyse project scope and specifications to identify cost-effective solutions.
- Drive cost optimisation and value engineering initiatives.
Cost Control & Reporting
- Prepare and present cost reports, forecasts, and variance analyses to project team and leadership.
- Monitor project budgets and track actuals against baselines, flagging deviations.
Project Controls & Scheduling
- Collaborate with planning teams to align cost estimates with project schedules and milestones.
- Integrate cost data into project controls systems and tools.
Risk Management & Bench-marking
- Conduct cost risk assessments and develop mitigation strategies.
- Benchmark project costs against industry standards to ensure competitiveness.
Procurement & Vendor Support
- Support procurement by evaluating vendor proposals and providing cost insights.
- Assist in contract evaluations to ensure alignment with budget expectations.
Data & Systems Management
- Maintain and enhance cost databases and estimation tools.
- Leverage data analytic to identify trends and improve forecasting accuracy.
Collaboration & Communication
- Engage with stakeholders across engineering, procurement, and finance to ensure alignment.
About you
Technical Qualifications
- 8-15 years of experience in cost engineering, preferably in the energy, oil & gas, or infrastructure sectors.
- Proficiency in cost engineering tools (e.g., AspenTech, ACCE, SAP, Oracle, Excel).
- Strong understanding of project controls, scheduling, and forecasting methodologies.
Analytical & Strategic Skills
- Advanced data analysis and financial modelling capabilities.
- Experience in performance reporting, KPI tracking, and scenario planning.
- Ability to identify cost-saving opportunities and drive implementation.
Soft Skills & Mobility
- Excellent communication and stakeholder engagement skills.
- Strong organisational skills and attention to detail.
Preferred Experience
- Experience supporting project organisations (not just shutdowns/turnarounds).
- Proven track record on mega projects or complex capital programs.
- Familiarity with industry standards and regulatory frameworks in the energy sector.
