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Senior Cost Modelling Engineer

Date: 03-Apr-2021

Location: Canberra, Australian Capital Territory, AU

Company: QinetiQ

QinetiQ employs more than 6000 people in 51 locations around the world, offering our customers premier expertise in advice, services and creative technology-based products.


QinetiQ Australia, part of the global QinetiQ group, provides technological and scientific expertise to help customers protect and advance their vital interests. As an innovative science and technology company, we help solve some of our customers' most challenging problems. Our determination to deliver and improve today and anticipate and shape tomorrow, makes QinetiQ a very exciting, rewarding and respected place to work and learn.

We are currently looking for a Senior Cost Modelling Engineer to join our Advisory business, based in Canberra


QinetiQ has a pedigree in Cost Engineering and Cost Modelling both locally within Australian and Internationally. Due to the number of client opportunities, we are looking to grow our organisation and capability further within our Advisory Services area. We are therefore looking to fill a number of Cost Modelling Engineer roles within the organisation.


QinetiQ have developed an internal Cost Engineering training course to ensure that our cost modelling capabilities are delivered consistently throughout our organisation. The successful candidate will be required to complete this training course.


As a Senior Cost Modelling Engineer your responsibilities will include:

  • Producing independent cost and schedule estimates in support of the client’s projects and programs of work for budget setting and approval purposes
  • Analysing data, utilising various estimating methodologies, tools and techniques
  • Supporting the development of reports to support cost modelling estimates for submission
  • Liaising and coordinating Cost Modelling activities with client personnel
  • Supporting Cost Research for the projects and programs of work within the client organisation
  • Developing and maintaining relationships with customers and wider key stakeholders on Cost Modelling
  • Providing Cost Estimation support regarding charging rates, cost certificates and cost allocation methods


To be successful in the role of Senior Cost Modelling Engineer you will require:

  • Good systems engineering appreciation
  • Use of formal statistical cost software packages
  • Understanding of cost normalisation; inflation, learning, currency and exchange rates
  • Appreciation of Defence procurement processes and Department of Defence operating doctrine
  • IT literate including Word, Excel and PowerPoint
  • Good numerical and statistical skills including historical trend analysis and data normalisation
  • Interpersonal / presentation skills
  • Appreciation of finance and accounting
  • Appreciation of parametric cost estimating
  • Self-motivated with the ability to learn new ideas
  • Background in Defence material systems, systems engineering and/or logistics – desirable


Applicants MUST be eligible to obtain an Australian Government security clearance.


In our Advisory Services Division, everything starts with a problem that needs a solution. We act as an independent, technical partner for customers looking to procure defined services and develop specific capabilities. We help them diagnose, rationalise and solve intractable problems by providing analysis, advice and assurance, enabling our customers to make sound decisions about cost, time and performance.


Life at QinetiQ


Our people and our culture make QinetiQ a great place to work, we value integrity, collaboration and performance. We are committed to attracting and retaining the best talent in the market. We celebrate our differences and incorporate diversity and inclusion into everything we do. 


QinetiQ is a Workplace Gender Equality Agency Employer of Choice, and past winner of the Defence Teaming Centre Employer of Choice Awards.


We look after our people and have an attractive compensation package which supports all our employees through different stages of their careers, some of these include:

  • Individual Professional Development Allocation
  • Flexible Working
  • Salary Continuance (Income Protection)
  • Loyalty Leave
  • Leave Purchase
  • Up to 16 weeks Paid Parental Leave
  • Study Leave (Up to 5 days paid leave per year)
  • Performance based rewards
  • Salary Sacrifice and Novated Leasing
  • Referral bonuses
  • Dress for your day


A full list of our employee benefits and further information can be found here: *eligibility requirements apply.   





As the defence industry in Australia grows, it is an exciting time to join QinetiQ. What the company looks like today will be different to that of tomorrow as we navigate an ever changing world. To innovate for our customers advantage we value the need for diversity of thought in everything we do. We provide a flexible and inclusive environment where our people can bring their whole selves to work,  meaningfully contribute and have equal opportunity to succeed. We actively seek applications from people who come from diverse backgrounds and experiences. Aligned with our Gender Equality Strategy and Reconciliation Action Plan we also encourage applications from women, Aboriginal and Torres Strait Islander people.