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- Tasks: As a Cost Engineer, you'll manage financial data, forecasts, and subcontractor agreements.
- Company: Bilfinger UK is a top engineering firm serving diverse industries like energy, pharmaceuticals, and food.
- Benefits: Enjoy a permanent role with opportunities for professional growth and a supportive work culture.
- Why this job: Join a dynamic team focused on innovation and efficiency in asset management across various sectors.
- Qualifications: Experience with NEC 4 Option B Contracts and major construction projects is essential.
- Other info: Contact our recruitment team for more details or to apply!
The predicted salary is between 36000 - 60000 £ per year.
Cost Engineer QWERTY
Location: Kingston upon Hull
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; 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.
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
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.
Operations | Bilfinger UK Limited | Permanent | White-collar workers | Professional | Operations carla.bowman@bilfinger.com
Bilfinger UK Limited
Operations
Permanent
Professional
Bilfinger Operations
#J-18808-Ljbffr
Cost Engineer employer: Bilfinger
Contact Detail:
Bilfinger Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cost Engineer
✨Tip Number 1
Familiarise yourself with NEC 4 Option B Contracts, as this knowledge is crucial for a Cost Engineer role. Consider reviewing case studies or examples of projects that utilised these contracts to understand their application in real-world scenarios.
✨Tip Number 2
Brush up on your skills with financial systems like SAP and Power BI. Being proficient in these tools will not only help you in the role but also demonstrate your readiness to hit the ground running.
✨Tip Number 3
Network with professionals in the engineering and construction sectors, especially those who have experience with major construction projects. Engaging in conversations can provide insights into the industry and may even lead to referrals.
✨Tip Number 4
Stay updated on the latest trends in cost engineering and asset management. Subscribing to relevant industry publications or joining professional groups can enhance your knowledge and show your commitment to continuous learning.
We think you need these skills to ace Cost Engineer
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Cost Engineer at Bilfinger UK. Familiarise yourself with key tasks such as financial data provision, risk analysis, and change management.
Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the job description. Emphasise your knowledge of NEC 4 Option B Contracts and any experience with major construction projects.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention specific examples of how your background in cost engineering can contribute to Bilfinger UK's success.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for spelling and grammatical errors, and ensure that all information is clear and concise.
How to prepare for a job interview at Bilfinger
✨Understand the Role
Make sure you thoroughly understand the responsibilities of a Cost Engineer. Familiarise yourself with key terms like P&L submissions, BOQ updates, and risk analysis. This will help you answer questions confidently and demonstrate your knowledge.
✨Showcase Relevant Experience
Prepare to discuss your previous experience with NEC 4 Option B Contracts and major construction projects. Be ready to provide specific examples of how you've managed costs, conducted risk analyses, or improved margins in past roles.
✨Familiarise with Financial Systems
Since the role involves using financial systems like SAP and Power BI, it’s beneficial to have a basic understanding of these tools. If you have experience with similar software, mention it during the interview to highlight your technical skills.
✨Prepare Questions
Have a few insightful questions ready to ask the interviewer about the company’s approach to cost management or their expectations for the role. This shows your genuine interest in the position and helps you assess if it's the right fit for you.
