Product Cost Engineer

Product Costing 

• Estimating and ownership of costs for Carbon Clean standardised product offerings 

• Maintaining and revising of Product cost estimate accuracy as design is matured and optimised to ensure “latest” cost data is available to Stakeholders

• Propose and lead, in specific areas, the development of estimation tools, benchmarks, norms to improve quality of the future product roadmap estimation
• Defining cost opportunities related to continuous product development – future ‘should-cost’ bases approach.

• Assert and act as Carbon Clean’s main source for Product Cost data & intelligence

• Gathering performance data and supplier costs to support company product cost basis, benchmarking database and future estimating norms. 
  

Project Estimating

• Generating class 5 to class 3 estimates utilising company process and procedures for Carbon Capture Projects. 

• Defining, maintaining and owning estimating processes

• Understanding scope uncertainty and risk to determine sufficient contingency provisions 

• Understand and apply estimating norms, factors and allowances to project cost components 

• Assure and challenge the technical elements to ensure their consistency in regards to the defined scope 

• Detailed review and normalisation of supplier estimates supporting subcontracting. 

• Maintaining consistency, accuracy and transparency in the generation of all estimates 

• Act as a process owner for collecting, providing and documenting costs during all project phases until final handover to Cost Control. 

• Prepare and maintain Estimating Concept and Strategy as well as a consistent record of Basis of Estimate. 

To be successful in this role you should have a combination of the below knowledge, skills, and experience: 

• Highly familiar with process industies/chemical plant components and cost models; specifically related to product line plant costs (equipment supply) would be beneficial. 

• Successful development of estimating process and models

• Ability to prepare and develop project estimates from class 5 to fully detailed class 3 estimates 

• Creation of basis of estimates, defining methods and estimating approach. 

• Advanced knowledge of various estimating methodologies

• Highly developed approach to using risk management and uncertainty to create appropriate reserve and contingency. 

• Ability to work with stakeholders, internal and external, to review and challenge scope and estimates. 

• Experience applying impact of market price inflation and currency exchange rate fluctuations for future product cost evolution. 

• Able to work independently to complete assigned estimates with minimal supervision. 

• Several years' experience in estimating and cost management within an a Product selling organisation for industrial use /Process industry is essential

• Demonstrable commercial acumen 

• Experience engaging with supply chain for cost data gathering. 

We give you 

• The opportunity to continue to develop both personally and professionally, in our rapidly growing company 

• A brilliant company culture that encourages initiative, collaboration, and positivity at work 

• Great office environment in our new London HQ, close to the South Bank, and Waterloo, Blackfriars and London Bridge stations 

• Hybrid working – with the flexibility to work from home for up to 3 days a week 

Benefits & perks include 

• 25 days holiday plus Bank Holidays

• Private Healthcare (family cover available for all colleagues)

• Health Cash Plan

• Income Protection and Critical Illness Cover

• Employee Assistance and Wellbeing programme

• Generous pension contribution – minimum of 5% contributed by the company

• Cycle to Work Scheme
• Employee Perks scheme

• Support towards professional qualification and memberships 

Equal Opportunities 

We are passionate and committed to our people. At Carbon Clean, you will be working in an inclusive environment. It’s talent that matters to us and we encourage applications from people irrespective of their gender, race, sexual orientation and identity, religion, age, disability status or caring responsibilities.