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Rolls-Royce SMR

Cost Engineer

Rolls-Royce SMR

. Maintain and update project budgets and forecasts .

Posted 9/22/2026full-timeManchester • United KingdomMid-LevelSenior💰 £42,000 - £55,150 per yearWebsite

Core Competencies

Role fit
Core Competencies

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Demonstrates expertise in cost data management, budgeting, forecasting, and change control processes, with a strong focus on compliance and internal controls. Proficient in utilizing advanced cost analysis tools and collaborating across multidisciplinary teams to drive project success.

Highest-signal resume keywords
Cost Data ManagementBudgeting And ForecastingCost Reporting And Variance AnalysisSAPBPSS Clearance

ATS Keywords

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Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills
Cost ControlChange ControlCost EngineeringFinancial AnalysisVariance AnalysisCost ReportingForecastingEstimatingProject ControlsCost Impact Analysis
Soft Skills
CollaborationContinuous ImprovementCommunicationLeadership
Tools & Technologies
ExcelPower QueryEcoSysPrimavera
Certifications & Qualifications
RICSAPMCICESPMI
Industry Keywords
InfrastructureEnergyNuclearNEC ContractsFIDIC Contracts

About the role

Key responsibilities & impact
  • Maintain and update project budgets and forecasts
  • Track actuals, commitments and accruals
  • Support change control assessments and cost impact analysis
  • Ensure cost data aligns with schedule and project controls
  • Raise purchase requisitions, manage purchase orders, and review supplier applications
  • Prepare monthly cost reports and dashboards
  • Collaborate with planners, commercial colleagues and Work Package Managers
  • Contribute to continuous improvement and support cost systems and tools
  • Potentially manage up to 3 Assistant Cost Engineers
  • Collaborate across project controls, planning, commercial, engineering and supplier teams
  • Support high standards of internal controls and audit compliance

Requirements

What you’ll need
  • Degree (or equivalent) in Engineering, Construction Management, Finance or a related field
  • Progress toward a recognised professional accreditation (e.g., RICS, APM, CICES, PMI)
  • Advanced proficiency in cost data management and analysis tools
  • Strong understanding of cost control, budgeting, forecasting, and change processes
  • High proficiency in cost reporting and variance analysis using Excel, Power Query or similar
  • Experience in cost engineering or project controls, ideally in infrastructure, energy or nuclear
  • Familiarity with SAP, EcoSys or Primavera
  • Training in cost control, estimating or forecasting is desirable
  • Exposure to NEC/FIDIC contracts is desirable
  • Experience with change control and performance reporting is desirable
  • BPSS clearance required
  • Satisfactory Disclosure and Barring Service (DBS) check required
  • Satisfactory basic financial probity check required

Benefits

Comp & perks
  • Benefits allowance: £2,200
  • Bonus: Up to 12.5%
  • 28 days holiday plus bank holidays
  • Standard Rolls-Royce SMR pension: 12%
  • 6x life assurance
  • 50% income protection
  • £250 new joiner payment
  • Flexible working options
  • Flexible, inclusive, and supportive working environment
  • Opportunities for career growth
  • Continuous learning
  • Reasonable adjustments and accessibility support throughout application, interview, and employment