Cost Engineer
| Posting date: | 26 January 2026 |
|---|---|
| Salary: | £50 to £60 per hour |
| Hours: | Full time |
| Closing date: | 25 February 2026 |
| Location: | Bootle, North West, L21 1LA |
| Company: | Millbank Holdings Ltd |
| Job type: | Contract |
| Job reference: | 59012980 |
Summary
Are you a Cost Engineer with strong experience controlling construction project finances from estimate through to final account?
Do you have a proven background in cost reporting, forecasting, and commercial analysis on large industrial build projects?
Would you like to play a key role on the construction of a major process plant at Liverpool Docks?
The Opportunity
A leading UK engineering and project delivery consultancy is supporting the construction of a new palm oil production facility in the Liverpool Docks area and is seeking a Cost Engineer to join the site-based project team. Reporting into the Project Manager, you will take ownership of cost control, forecasting, and reporting, providing clear commercial visibility to ensure cost, schedule, and quality targets are achieved.
We would also welcome applications from candidates with experience in chemicals, process manufacturing, food and beverage, pharmaceuticals, energy, or heavy industrial construction.
This role would suit candidates working as Cost Engineers, Project Controls Engineers, Cost Controllers, Project Control Analysts, Commercial Analysts, Assistant Commercial Managers, Quantity Surveyors (cost-focused), Earned Value Analysts, or Project Cost Managers.
Your duties and responsibilities will be
- Produce accurate bi-weekly and monthly cost reports, tracking actual expenditure against approved budgets and forecasts.
- Develop and maintain detailed cost estimates, budgets, and cashflow profiles across the full project lifecycle.
- Monitor commitments, incurred costs, and forecast outturns, challenging variances and driving corrective actions.
- Analyse purchase orders, variations, and cost reports to ensure full visibility of financial performance and potential exposure.
- Support tender and RFQ evaluations, providing commercial input into supplier selection and award recommendations.
- Review and validate supplier invoices against contract values, resolving discrepancies and ensuring budget compliance.
- Interface closely with client-side commercial teams to ensure all costs are accurately reflected within their financial systems.
- Track labour hours against budget and progress, identifying trends, risks, and recovery actions.
- Carry out earned value and cost-to-complete analysis to support forecasting and decision making.
- Identify commercial risks and opportunities, supporting mitigation strategies and value improvement initiatives.
- Maintain robust cost records, pricing models, and audit trails in line with project governance.
- Contribute to project meetings, progress reviews, and commercial reporting to senior stakeholders.
You will have the following qualifications and experience
- Degree in Engineering, Project Controls, Finance, or a related discipline, or equivalent industry experience.
- Demonstrable experience in cost engineering or project controls within construction or major capital projects.
- Strong understanding of the relationship between cost, schedule, risk, and commercial performance.
- Proficiency in cost management and reporting tools, with advanced Excel capability for analysis and modelling.
- Sound knowledge of earned value management, forecasting techniques, and financial control processes.
- Excellent communication skills, able to work effectively with project managers, commercial teams, and client stakeholders.
- Right to live and work in the UK.
Millbank Holdings Ltd is an equal opportunities employer committed to creating an inclusive and diverse workforce. We welcome applications from all suitably qualified individuals, regardless of background, and encourage candidates from underrepresented groups to apply.
We are proud to be a member of the Disability Confident Scheme, and we are committed to ensuring an accessible and supportive recruitment process for everyone. If you require any adjustments at any stage, please let us know and we’ll do our best to accommodate.
Millbank operates as both an Employment Agency and an Employment Business.
Do you have a proven background in cost reporting, forecasting, and commercial analysis on large industrial build projects?
Would you like to play a key role on the construction of a major process plant at Liverpool Docks?
The Opportunity
A leading UK engineering and project delivery consultancy is supporting the construction of a new palm oil production facility in the Liverpool Docks area and is seeking a Cost Engineer to join the site-based project team. Reporting into the Project Manager, you will take ownership of cost control, forecasting, and reporting, providing clear commercial visibility to ensure cost, schedule, and quality targets are achieved.
We would also welcome applications from candidates with experience in chemicals, process manufacturing, food and beverage, pharmaceuticals, energy, or heavy industrial construction.
This role would suit candidates working as Cost Engineers, Project Controls Engineers, Cost Controllers, Project Control Analysts, Commercial Analysts, Assistant Commercial Managers, Quantity Surveyors (cost-focused), Earned Value Analysts, or Project Cost Managers.
Your duties and responsibilities will be
- Produce accurate bi-weekly and monthly cost reports, tracking actual expenditure against approved budgets and forecasts.
- Develop and maintain detailed cost estimates, budgets, and cashflow profiles across the full project lifecycle.
- Monitor commitments, incurred costs, and forecast outturns, challenging variances and driving corrective actions.
- Analyse purchase orders, variations, and cost reports to ensure full visibility of financial performance and potential exposure.
- Support tender and RFQ evaluations, providing commercial input into supplier selection and award recommendations.
- Review and validate supplier invoices against contract values, resolving discrepancies and ensuring budget compliance.
- Interface closely with client-side commercial teams to ensure all costs are accurately reflected within their financial systems.
- Track labour hours against budget and progress, identifying trends, risks, and recovery actions.
- Carry out earned value and cost-to-complete analysis to support forecasting and decision making.
- Identify commercial risks and opportunities, supporting mitigation strategies and value improvement initiatives.
- Maintain robust cost records, pricing models, and audit trails in line with project governance.
- Contribute to project meetings, progress reviews, and commercial reporting to senior stakeholders.
You will have the following qualifications and experience
- Degree in Engineering, Project Controls, Finance, or a related discipline, or equivalent industry experience.
- Demonstrable experience in cost engineering or project controls within construction or major capital projects.
- Strong understanding of the relationship between cost, schedule, risk, and commercial performance.
- Proficiency in cost management and reporting tools, with advanced Excel capability for analysis and modelling.
- Sound knowledge of earned value management, forecasting techniques, and financial control processes.
- Excellent communication skills, able to work effectively with project managers, commercial teams, and client stakeholders.
- Right to live and work in the UK.
Millbank Holdings Ltd is an equal opportunities employer committed to creating an inclusive and diverse workforce. We welcome applications from all suitably qualified individuals, regardless of background, and encourage candidates from underrepresented groups to apply.
We are proud to be a member of the Disability Confident Scheme, and we are committed to ensuring an accessible and supportive recruitment process for everyone. If you require any adjustments at any stage, please let us know and we’ll do our best to accommodate.
Millbank operates as both an Employment Agency and an Employment Business.
Proud member of the Disability Confident employer scheme
Disability Confident
About Disability Confident
A Disability Confident employer will generally offer an interview to any applicant that declares they have a disability and meets the minimum criteria for the job as defined by the employer. It is important to note that in certain recruitment situations such as high-volume, seasonal and high-peak times, the employer may wish to limit the overall numbers of interviews offered to both disabled people and non-disabled people. For more details please go to Disability Confident.