Average Cost Engineer salary in the UK

Job Title: Cost Engineer Location: BirminghamContract Type: Permanent, Full TimeSalary: Up to £34,000 per annum (depending on experience) The Role An established organisation operating within the rail and infrastructure sector is seeking a Cost Engineer to support project teams across commercial, delivery, and finance functions. The role plays a key part in ensuring accurate cost control, timely supplier payments, and effective financial reporting across major projects. You will work closely with Quantity Surveyors, project teams, and finance colleagues to manage cost data, resolve account queries, and maintain robust controls over labour, plant, materials, and subcontractor costs. Key Responsibilities Assist with cost control activities across labour, plant, and materials, including tracking orders and reconciling costs against budgetEnsure timely processing of GRNs and PODs, maintaining DPO targets within business requirementsProactively resolve invoice, POD, and account queries with suppliers, delivery teams, and financeCollate, reconcile, and report accurate cost data from site records, time sheets, allocation sheets, and delivery documentationLiaise with Construction Managers and Supervisors to ensure site records are completed accurately and retrieved as requiredMaintain and review labour, plant, and material trackers, ensuring accuracy and balanced workloadsVerify hours, quantities, and rates with subcontractors and suppliersOrganise, reconcile, and archive financial and commercial data in both digital and hard copy formatsParticipate in weekly planned vs actual reporting and project review meetingsSupport the commercial team with cost reports, audits, subcontractor applications, payment notices, and system GRNsReview purchase order utilisation and flag orders approaching or exceeding 100% usageWork closely with finance and project teams to ensure compliance with internal processes, escalating non-conformance where requiredActively participate in project management meetings and support delivery managers on commercial performance matters Essential Experience & Skills Experience working in a finance or commercial role within the engineering or construction sectorHands-on experience supporting large civil or infrastructure projectsStrong understanding of cost and budget administrationExperience with financial and commercial reportingWorking knowledge of finance systemsProficient in Microsoft Office, particularly Excel and OutlookWorking knowledge of Power BIHighly organised, detail-oriented, and proactiveFull UK driving licence Minimum of 2 years' experience as a Cost Engineer on major projects, orMinimum of 5 years' experience as a Cost Clerk within a similar industry Membership of a relevant professional body (e.g. ACostE, AACEI, ICEC)Degree qualification in Finance, Construction, Mathematics, Business, or a related fieldExperience using cost control systems such as Copernic, Jade, or LISA Randstad Business Support is acting as an Employment Agency in relation to this vacancy.

Job: Lead Cost EngineerCompany: BAE SystemsHourly Rate: £47 PAYE or £63.40 Umbrella inside IR35Location: Barrow-in-Furness 2 days per fortnightContract: 6 months (Opportunity to be extended)Working Hours: 37 hours per weekAbout The Role: Looking for a Cost Engineer to lead for cost control ensuring abidance to budget and forecast on a day-to-day basis. Updating the spend forecast and being able to articulate any cost variances. Developing the estimate of complection (EAC). Key Responsibilities: Able to undertake advanced problem solving typically based on previous experience.Have a comprehensive knowledge of Business process and procedures.Administration and general office skills including spreadsheets/ Microsoft packages,Attend on the job training as appropriate.Able to lead the PM&C processes on a small project or a work package of a larger project Skills & Qualifications: Ideally someone with experience as a Cost Lead Expert on defence or any other highly regulated indsutry.Ideally some form of PM qualification but not essential.Fluent in ExcelSAP would be desirable. Familiarity with planning tools such as P6 would be advantagoues but not essential. If you would like to be considered for this role please don't hesitate to click apply or call Sam Pierre-Louis on  for more information.  About BAE:BAE Systems is a leading global defence, aerospace, and security company. They’re experts in delivering advanced solutions for air, land, and naval forces, as well as commercial aerospace and cyber security. Known for its commitment to innovation and excellence, BAE Systems offers exciting career opportunities for those looking to make a significant impact in cutting-edge technology and defence sectors.  Inclusion statementOutsource UK is committed to creating a diverse environment and is proud to be an equal opportunity employer. You'll receive consideration for your application without regard to race, religion or belief, gender identity or expression, sex, sexual orientation, disability, marriage and civil partnership, pregnancy and maternity, or age.

Project Engineer (Scheduling/ Cost Management) £40,000 - £48,000 + Excellent Technical Training + Qualifications + Career Development + Varied Projects + Pension + 33 Days Holiday + Benefits + Flexi-TimeCommutable from Gloucester, Cirencester, Malmsbury, Cheltenham, Tewkesbury and the surrounding areasAre you a self starting Project Engineer with an understanding of the process industry, project scheduling and cost tracking for industrial equipment based projects, looking for an opportunity with a leading manufacturer who will offer good training and career development?Do you want to take the next step in your career within a project engineer position, where you will play a key role in an experienced and supportive project management team?This company, the number 1 in their field worldwide have continued to go from strength to strength and require a project engineer within their busy engineering facility.In this role you will work on a range of bespoke projects for various blue chip clients, looking after key process within the project lifecycle of ebspoke industrial and process machinery.This role would suit a mechanically focussed project engineer with a background working with various machinery, skid packages, process equipment, pumps or similar.Fantastic opportunity to join a business at the forefront of their industry in a role offering exposure to exciting bespoke projects, where you can continue to develop your skills.The Role:*Working on the whole project lifecycle*Working with a range of blue chip clients*Looking after mechanical aspects of the projects*Opportunity to gain further mechanical skillsThe Person:*Project Engineer*Strong mechanical understanding*Looking for an autonomous roleReference Number: BBBH268294To apply for this role or to be considered for further roles, please click "Apply Now" or contact Dyon Douglas-Whyte at Rise Technical Recruitment.Rise Technical Recruitment Ltd acts an employment agency for permanent roles and an employment business for temporary roles.The salary advertised is the bracket available for this position. The actual salary paid will be dependent on your level of experience, qualifications and skill set. We are an equal opportunities employer and welcome applications from all suitable candidates. Rise Technical Recruitment Ltd acts an employment agency for permanent roles and an employment business for temporary roles. The salary advertised is the bracket available for this position. The actual salary paid will be dependent on your level of experience, qualifications and skill set and will be decided by our client, the employer. Rise are not responsible or liable for any hiring decisions made by the end client. We are an equal opportunities company and welcome applications from all suitable candidates.