Senior Cost Engineer required to join an expanding organisation.
This role is critical to ensuring the financial success of the business who manufacture complex fabrication projects for defence and the O&G sectors. The Senior Cost Engineer will be responsible for leading cost estimation of products.
Key Responsibilities:
* Cost Estimation & Budgeting: Develop detailed cost estimates for metal fabrication projects, including labour, materials, equipment, and overhead. Collaborate with engineering, procurement, and project management teams to prepare accurate estimates.
* Risk Management: Identify potential financial risks and cost drivers. Perform cost-benefit analyses and develop mitigation strategies. Present findings to senior management and provide recommendations for optimizing project costs.
* Vendor & Contractor Liaison: Work with suppliers and contractors to ensure pricing aligns with budgets. Negotiate subcontractor costs and change orders.
* Process Improvement: Continuously seek opportunities to improve cost engineering processes, tools, and systems for increased efficiency and accuracy.
* Compliance & Standards: Ensure that all cost estimates and financial plans adhere to industry standards and company policies, particularly related to safety, sustainability, and regulatory requirements.
* Ensure cost estimates consider the financial performance of previous projects. Identify variances, and initiate corrective actions when necess...