Cost Engineer

Bilfinger Berger SE; Hull and East Yorkshire; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading engineering services provider in Hull and East Yorkshire is looking for a Cost Engineer. The successful candidate will manage financial data for month-end submissions, conduct risk analysis, and oversee the commercial auditing of subcontractors. Candidates should have experience with NEC 4 Option B Contracts and major construction projects. This is a permanent position with opportunities for professional growth in a dynamic environment.

Qualifications

• Experience on NEC 4 Option B Contracts.
• Knowledge of NAECI Agreement.
• Experience on major Construction Projects.

Responsibilities

• Provide key financial data for month-end P&L submissions.
• Forecast actual versus budget.
• Conduct risk analysis for costs and value.
• Manage early warning notifications from subcontractors.
• Compile data for payment applications.

Job description

Bilfinger UK is a leading engineering and maintenance provider, supporting customers across the chemical & petrochemical, nuclear, oil & gas, pharmaceuticals & biopharma, power & energy, utilities, renewables and food & beverage markets. We enhance the efficiency of assets, ensuring a high வைத்து availability and reducing maintenance costs.

We have extensive experience in offshore and onshore facilities; specialising in asset management services throughout all life cycle phases from consulting, engineering, manufacturing, assembly, operations, maintenance, and decommissioning.

This commitment is delivered by an experienced and highly competent workforce of over 4,500 employees operating from 14 offices in strategic industrial hubs, upholding the highest standards of safety, compliance and quality.

Cost Engineer Activities

• Provision of key financial data for internal month‑end P&L submissions
• Remeasurement / checking of BOQ updates
• Forecasting actual versus budget
• Risk Analysis (best case, worst case & most likely for cost & value)
• Cost provisions/accruals including third‑party materials, subcontractors, plant, etc.
• Weekly cost ledger analysis using the BUK financial systems (SAP, Power BI)
• Competent knowledge of each subcontract agreement
• Management of Early Warning notifications from each subcontractor
• Value Determination (Cost to Date & Forecasts to Complete)
• Change Management (response to, assessment & client notification of compensation events)
• Compilation of data for inclusion in main payment application
• Facilitation of subcontractor progress / update meetings
• Agreement of subcontractor valuations & payment certificates
• Cash flow forecasts
• Commercial auditing of each subcontract including payment applications, rates & claims
• Showing innovation to improve company contribution margin

Experience

• المطلوبة on NEC 4 Option B Contracts
• Knowledge of NAECI Agreement
• Experience on major Construction Projects
• Standard Method of Measurement
• Strong bias to Contractor working

If you wish to speak to a member of the recruitment team, please contact 01224 246246.

Operations | United Kingdom | Permanent | White‑collar workers | Professional | Operations