Cost Engineer – Forecasting, Risk & Cost Optimisation

Cost Engineer – Forecasting, Risk & Cost Optimisation

Full-Time 55200 - 65000 £ / year (est.) No working from home possible
Bilfinger UK

At a Glance

  • Tasks: Support financial controls, manage risk analyses, and provide monthly P&L data.
  • Company: Join Bilfinger UK, a leading engineering and maintenance provider with a strong safety culture.
  • Benefits: Gain valuable experience in cost optimisation and project management.
  • Other info: Dynamic projects with opportunities for growth in a supportive environment.
  • Why this job: Make a real impact in the energy and process industries while developing your skills.
  • Qualifications: Proficiency in SAP and Power BI; NEC 4 and NAECI experience is a plus.

The predicted salary is between 55200 - 65000 £ per year.

Bilfinger UK is seeking a Cost Engineer to support financial controls across multiple projects.

You will provide monthly P&L data, perform BOQ remeasurements, forecast against budgets and manage risk analyses for cost and value.

Proficiency with SAP and Power BI is preferred, with NEC 4 and NAECI experience desirable.

Join a leading engineering and maintenance provider with extensive offshore/onshore experience and a strong safety culture, supporting clients across energy, process industries and

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Cost Engineer – Forecasting, Risk & Cost Optimisation employer: Bilfinger UK

Bilfinger UK is an excellent employer, offering a dynamic work environment in Kirmington where you can contribute to impactful engineering and construction projects. With a strong focus on employee development, we provide opportunities for growth and training, alongside a supportive culture that values teamwork and communication. Our unique 11-day rolling fortnight schedule allows for a better work-life balance, making Bilfinger UK a rewarding place to advance your career.

Bilfinger UK

Contact Details:

Bilfinger UK Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Cost Engineer – Forecasting, Risk & Cost Optimisation

Join Engineering Meetups!

Get yourself along to local engineering meetups or tech conferences. These are great places to connect with like-minded folks and industry leaders who might just have a lead on that full-time Cost Engineer – Forecasting, Risk & Cost Optimisation role you’re after at Bilfinger UK.

Show Off Your Projects!

Don’t be shy about showcasing your engineering projects. Whether it’s a funky app, a mechanical design, or a complex algorithm, having a solid portfolio on platforms like GitHub can really make you stand out. Plus, it gives potential employers at Bilfinger UK a taste of what you can bring to the table!

Engage with Online Communities

Dive into engineering forums and online communities, like Reddit or specific engineering Discord channels. Sharing your insights, asking questions, and being active can help you build connections that might lead to job opportunities at Bilfinger UK.

Apply Through Company Websites

When you spot a role like Cost Engineer – Forecasting, Risk & Cost Optimisation at Bilfinger UK, apply directly through their website. Often, this can show your genuine interest in the company and you might just get noticed quicker than via typical job boards.

We think you need these skills to ace Cost Engineer – Forecasting, Risk & Cost Optimisation

Financial Controls
P&L Data Analysis
BOQ Remeasurements
Budget Forecasting
Risk Analysis
Cost Optimisation
SAP Proficiency

Some tips for your application 🫡

Showcase Your Technical Expertise:When applying for an engineering role like Cost Engineer – Forecasting, Risk & Cost Optimisation, it’s essential to highlight your technical skills. Include any relevant software or tools you're proficient in on your CV—think CAD software, simulation tools, or programming languages. Don't skimp on any engineering projects you've worked on that demonstrate your ability to solve complex problems.

Focus on Results and Impact:In the engineering world, we love numbers and real-world impact. Quantify your achievements wherever possible—like reducing costs by a certain percentage, improving efficiency, or successfully completing a project ahead of schedule. This gives your future employers at Bilfinger UK a clear picture of the value you can bring.

Craft a Compelling Cover Letter:Use your cover letter to express your passion for engineering and explain why you’re drawn to Bilfinger UK specifically. Share what aspects of their work excite you and how your values align with theirs. This is your chance to show a bit of personality while keeping it professional!

Include Relevant Certifications:If you have any engineering certifications, especially ones that are recognised in your field, make sure to feature them prominently on your CV. They demonstrate not just your knowledge, but also your commitment to professional development, which is something we at StudySmarter value highly.

How to prepare for a job interview at Bilfinger UK

Brush Up on Core Engineering Principles

Before heading into the interview with Bilfinger UK, make sure you're solid on the fundamental engineering principles relevant to the role. Be ready to discuss concepts such as thermodynamics, fluid mechanics, or structural analysis, depending on the specifics mentioned in the job description. Don’t skip any hands-on projects or coursework; these can be excellent talking points!

Show Off Your Problem-Solving Skills

Expect technical questions or case studies during your interview—after all, engineering is all about solving problems! Prepare a few examples of how you've tackled engineering challenges in the past, whether at university or in any practical experience. Practising with mock technical interviews can really help you articulate your thought process and solutions.

Relate Your Experience to the Role

In a full-time role, employers like Bilfinger UK want to see that you can adapt and grow within their team. Be ready to discuss how your previous internships, projects, or studies relate directly to the work you'll be doing. Highlight specific experiences that showcase your collaborative skills and how you've successfully worked within a team environment.

Know Your Tools and Software

Most engineering roles require familiarity with specific tools and software. Prepare to talk about your proficiency with programmes like AutoCAD, MATLAB, or SolidWorks if they’re relevant to the role. Even better, have examples of projects where you’ve used these tools, as it'll demonstrate your hands-on experience and readiness for the job.