Cost Engineer

Location: United States
Job Type: Permanent
Discipline:
Salary:
Contact: Silas Mahner
Email: email Silas
Posted: about 1 month ago

NextWave Partners is working with a leading global offshore wind developer who is seeking to add a highly talented, well-seasoned, Cost Engineer to their North American team. This role will be supporting the budgeting and finance planning for one of their current Joint Ventures.

Responsibilities

  • Develop and implement the change management process for projects. Provide guidance on trend analysis and the assessment of change impacts on cost. Maintain trend and change management logs
  • Deliver consistent but appropriate cost management structures for an offshore wind project
  • Adhere to the Project’s standard tools and processes, as appropriate for the project's development & execution phases
  • Provide cost engineering support in the development of cost breakdown structures (CBS) and their population from the estimate
  • Develop and document Cost Time and Resource (CTR) sheets for phased cost estimates in line with the Company guidance notes for agreement and sign-off by the CTR budget holders
  • Provide project guidance for creation of accurate monthly cost reports, identifying variances from the plan on commitment, value of work done, changes and currency fluctuations against approved Authorities For Expenditure (AFEs)
  • Prepare reconciliations between earlier cost estimates and the current cost forecast
  • Participate in peer reviews and other assurance events
  • Maintain and promote realism in the cost forecasts in the face of commercial pressure and optimism from project teams
  • Maintain consistency in cost bases through rigorous adherence to the controls processes. Coordinate efforts with the legal and business teams regarding corporate and project requirements to ensure maximum value and appropriate risk management for the Company and its shareholders
  • Identify critical project risk issues and communicate those risks to the appropriate members of the legal team or your supervisor for resolution and management
  • Efficiently manage outside counsel with an eye toward minimizing expenses 

Requirements

  • Engineering Degree and/or Certification as a Cost Engineer or equivalent experience
  • Minimum 8 years industry experience in cost engineering positions
  • Excellent analytical, oral and written communication skills
  • Supports Project Services and Finance teams in other areas when needed

Reaching Out 

For a confidential discussion on this or any other opportunities available in the market, please contact Silas Mahner at silas.mahner@next-wavepartners.com or +1 (929) 295-6707 (Direct Line)