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Cost Engineering Specialist
Our continued success in delivering for many of the UK’s leading utility providers and major infrastructure developers is bringing significant growth across our team. If you care about your community and want to be involved in delivering improvements to the environment and infrastructure, then you may well be interested in the opportunities that we have coming up for a Cost Intelligence Specialist within our Programme Management and Commercial Management team.
This role can be based from any of our UK offices, with hybrid working allowing for a mix of home and in-office working.
The successful candidate will work across major programmes with clients in the water and energy sectors, focusing on optimising the financial performance of major projects and programmes.
In this role, you will work closely with clients and other stakeholders to help deliver complex capital delivery programmes. This is a varied role and some of the tasks you will take a lead on include:
Data Analysis: collecting, analysing, and interpreting financial data to identify trends and variances. This process helps uncover opportunities for cost reduction and improves overall financial efficiency.
Cost Modelling: Developing and maintaining cost models involves creating detailed frameworks to forecast costs at both the asset and component levels. These models help in predicting future expenses accurately, ensuring better financial planning and resource allocation.
Estimating: The use of top-down estimating tools allows for broad, high-level cost predictions. Additionally, the ability to build estimates from the bottom up using a blend of quotations and rates provides detailed and accurate cost assessments.
Cost Challenge: To determine efficiencies, it’s essential to analyse and optimise processes, civil engineering, Mechanical, Electrical, Instrumentation, Control, and Automation (MEICA) design. Additionally, evaluating construction methodologies and program allowances can help identify areas for improvement and cost savings.
Reporting: Prepare comprehensive reports and dashboards that clearly present findings and recommendations to stakeholders. This ensures that the information is not only clear but also provides actionable insights for informed decision-making.
Risk and Dispute Management: Conduct risk assessments, develop mitigation strategies, and prepare materials for negotiations to support stakeholder engagement and informed decision-making. You handle claims and disputes efficiently, optimising revenue by resolving issues promptly and effectively.
As a senior member of our team, you will be committed to the professional development of other team members – providing guidance and mentorship to help them grow and develop their careers.
Our Team:
As a member of our Programme Management and Commercial Management team, you will be joining a community of people that are passionate about providing a quality service to our clients and the customers they serve. Our roles can vary between clients, and as such we are looking for people that can:
Adapt to the challenge of working in different environments.
Be proactive in providing tailor-made programme management solutions.
Work within collaborative teams to deliver outstanding results.
About You
You will have experience of taking a lead role in delivering complex commercial programs and leading on cost intelligence initiatives that uncover opportunities for cost reduction and overall financial efficiency. You will have key strengths in the areas of cost modelling, estimating and cost challenge.
You will have prior experience within engineering, operations, cost analysis, financial modelling, or within similar roles, and have strong proficiency in data analysis tools, such as Excel, SQL, or Tableau.
Whilst not essential, experience within the water, energy, or related utility sectors, would be very advantageous.
About Stantec
The Stantec community unites more than 34,000 employees working in over 450 locations across 6 continents. We have been working with our clients and communities in the UK for over 150 years. We plan, design, deliver and manage the development and infrastructure needed to support the creation of sustainable, healthy and prosperous communities.
Our teams provide effective and relevant solutions, translating our clients’ vision into valued consents, deliverable plans for projects and programmes, and efficient designs for delivery, based on technical excellence and deep market insights. We deal with today’s challenges, but also keep a fairer, better tomorrow in sight, looking at how we deliver clean growth, support radical changes in our economy and meet the needs of future communities.
Stantec provides equal employment opportunities to all qualified employees and applicants for future and current employment and prohibit discrimination on the grounds of race, colour, religion, sex, national origin, age, marital status, genetic information, disability, sexual orientation, gender identity or gender expression. We prohibit discrimination in decisions concerning recruitment, hiring, referral, promotion, compensation, fringe benefits, job training, terminations or any other condition of employment. Stantec is in compliance with laws and regulations and ensures equitable opportunities in all aspects of employment.
Building an inspired, inclusive work environment that attracts, supports, and develops world-class talent is a crucial key to our success. If you are excited by this role but worry that your experience doesn’t exactly align, we encourage you to apply.
At Stantec we want you to perform your best at every stage of the recruitment process and are committed to ensuring it is accessible to all. If you need any support or require adjustments to be made then please contact careers.UK@stantec.comand we will talk to you about how we can support you.
ReqID: 8438
