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Cost Engineer


We are currently looking for a Cost Engineer to be based in Gloucester on a permanent basis. This role will be working for a major engineering consultancy.

This role will mainly involve…

  • Develop project cost plans.
  • Report plans v actual and forecasts and identify and explain variances.
  • Manage the Change process. Identify corrective action plans and manage their implementation.
  • Develop work cash flows and manage invoicing relationships.
  • Communicate with both the project team and the management team to resolve cost issues.
  • Report on Earned Value metrics and provide detailed analysis.
  • Liaise with the project Planner to enable the project Schedule to be cost loaded.
  • Assist in estimate preparation as directed by the Project Manager and Project Controls Manager.
  • Provide cost data input to monthly project report.
  • Presentation of cost reports/issues at Management meetings.

Here’s What You’ll Need…


  • Minimum of five years’ experience delivering a similar role in Cost Engineering, Commercial Management or Quantity Surveying.
  • Prior use of Project Controls Software Systems.
  • Extensive knowledge of Excel.
  • Problem solving and the ability to work within a dynamic team.
  • Good team player, self-motivated and also able to work on own initiative.
  • MS Office – proficient user.


  • Degree qualified.
  • Engineering (Mechanical, Civil, Electrical, Chemical), Science, Mathematics Project/Business Management/ Accounts/Risk Management background.
  • Understanding of the UK Nuclear Power & Defence industries; including Political, Economic, Social, Technological, Legal and Environmental factors.
  • Flexibility to travel to various UK locations – ad hoc basis to attend meetings.

Security Clearance:

  • BPSS level security clearance required/must be able to obtain.

Millbank are an equal opportunities employer and welcome applications from all suitably qualified persons.

Millbank operates as an Employment Agency and Business