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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 level of availability and reducing maintenance costs.
We have extensive experience in offshore and onshore facilities; specializing 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.
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Role: Cost Engineer
As a Cost Engineer, your activities will include the following, but are not limited to:
- Provision of key financial data for internal month-end P&L submissions
- Remeasurement / checking of BOQ updates
- Forecasting actual versus budget
- Risk Analysis i.e. 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 i.e. SAP, Power BI
- Competent knowledge of each subcontract agreement
- Management of Early Warning notifications from each subcontractor
- Value Determination i.e. Cost to Date & Forecasts to Complete
- Change Management i.e. 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
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Experience
- 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.
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