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- Tasks: Analyse costs and produce reports to support budget management for a Nuclear Defence Client.
- Company: Join Bilfinger UK, a leader in engineering and maintenance across various industries.
- Benefits: Competitive salary, career development opportunities, and a dynamic work environment.
- Why this job: Make a real impact in the nuclear sector while enhancing your financial expertise.
- Qualifications: Finance degree or relevant experience, strong problem-solving skills, and team collaboration.
- Other info: Work with a talented team of over 4,500 professionals in a supportive culture.
The predicted salary is between 48000 - 72000 £ per year.
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.
The position holder is employed as a Senior Cost Engineer for a Nuclear Defence Client and is required to execute identified job tasks in a diligent and efficient way as directed by the Commercial Manager.
Main Responsibilities
- To produce reports from the analysis of cost reports, and forecasts in order to facilitate improved cost control / reduction, and support the Operations team in delivering work scopes within budget and cost recover where appropriate.
- To provide the commercial manager with \’cost reports\’ and \’value of work done summaries\’ in order to advise on progress against budgets, and also \’forecasts\’ of cost to completion
- To provide advice and support to Delivery Managers regarding commercial aspects of managing contracts based on early interrogation of financial and cost data
- To assist with the identification and management of contract variations
- To assist in providing visibility on Contract Financial Performance including the preparation of required elements for monthly management accounts
- To carry out audits & reviews as necessary, to assist with the identification and implementation of potential commercial improvements
- To ensure suitable controls are in place in support of financial deliverables
- To ensure compliance with company policies, processes and procedures related to the management of commercial aspects
- In addition to the duties and responsibilities listed, the position holder is required to perform other duties as may arise in connection with the successful operation of the Company or assigned by Commercial Manager from time to time
- To interface with Business Managers, Invoicing, Accounts, Procurement, Tendering
Specific Tasks
- Analysis and production of cost report in a format to meet the needs of the client and client agents, the project management team, and the wider management team
- Produce weekly cost reports data in order to inform clients, operations, and management of progress against budgets
- Analyse any variances and advise the operations team of the reasons and any required actions e.g. revise estimates or request variation orders
- Produce forecasts for individual work scopes and ensure these are updated to reflect any changes to the scope, duration or timing of the job
- Provide the client and client agents with monthly \’value of work done\’ summaries, in order to highlight costs to date, uninvoiced costs to come, plus additional costs to complete the work scope
- Collation of Contract Budgeting / Forecasting information & check on the integrity of the information provided to ensure the dependability of information provided
- To collate all relevant start-up information for jobs / phases and to set up in the company database
- To facilitate inter-dept. communication regarding the start-up of new jobs / phases
- To study and familiarise oneself with relevant Contract Commercial Terms & Conditions and monitor to ensure compliance with these
- To review all invoices for completeness & correctness prior to submission to the Client
- To assist in the preparation of valuations to meet the requirements scope of works
- Assist in preparation and resolving claims
- Submission of annual rates uplifts
- Assist in re-negotiation of revised contract terms
- Identification of areas of commercial weakness and assist in rectifying / improving such problems
- Cross-sharing of ideas between different contracts to ensure lessons learnt from both positive and negative influences. (Export the positives to other areas / contracts and make recommendations to eradicate weaknesses)
- Assist in the standardisation of techniques and reporting mechanisms as far as is possible
- Assist in preparing / reviewing the commercial element of Business Cases
- Interface with Procurement Team on any project-specific aspects that fall out with Master Supplier / Sub-Contract Agreements (to ensure that optimum solution is reached for the company)
- Assists the in preparation of financial elements for Client reports
- Monitor and provide feedback relative to KPI performance and highlight areas where improvement is necessary to optimise financial return
- Assist in purchase v hire decision for equipment
- Interface person for internal Accounts / Invoicing departments with regard to commercial issues
- Reconciliation exercises as required
- Provides detailed analysis of completed projects to highlight areas of learning and improvement
Experience & Qualifications
- Proven track record in a similar role
- Experience in a fast-paced work environment
- Possess a finance degree or be working towards a recognised accounting qualification or have suitable relevant experience working in a similar Commercial or Financial role (desirable)
- Problem Solver
- Self-starter and team player with excellent communication skills
- Relationship builder with strong commercial Awareness
- Ability to work under pressure and to a deadline
- Knowledge / previous use of SAP (desirable)
- Highly personable
- Assertive and confident
- High level of discretion and confidentiality
- Experience of different contract types
If you wish to speak to a member of the recruitment team, please contact .
Bilfinger UK Limited
Finance & Controlling
Permanent
Professional
Bilfinger Office
#J-18808-Ljbffr
Senior Cost Engineer employer: Bilfinger
Contact Detail:
Bilfinger Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Cost Engineer
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its projects. Understand their values and how your skills as a Senior Cost Engineer can help them achieve their goals. Tailor your answers to show you're the perfect fit!
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or use online resources to get comfortable with common questions. The more you practice, the more confident you'll feel when it’s time to shine.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take that extra step to engage with us directly.
We think you need these skills to ace Senior Cost Engineer
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Senior Cost Engineer role. Highlight your relevant experience in cost control and financial analysis, and show how you can contribute to our projects in the nuclear defence sector.
Showcase Your Skills: Don’t just list your qualifications; demonstrate how your skills align with the job description. If you've got experience with SAP or managing contract variations, make it pop in your application!
Be Clear and Concise: Keep your application straightforward and to the point. Use bullet points where possible to make it easy for us to see your key achievements and how they relate to the role.
Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for the position without any hiccups!
How to prepare for a job interview at Bilfinger
✨Know Your Numbers
As a Senior Cost Engineer, you'll be expected to handle cost reports and forecasts. Brush up on your financial analysis skills and be ready to discuss how you've managed budgets in the past. Bring examples of cost control measures you've implemented and be prepared to explain the impact they had.
✨Understand the Industry
Familiarise yourself with the sectors Bilfinger UK operates in, such as nuclear, oil & gas, and pharmaceuticals. Show that you understand the specific challenges these industries face regarding cost management. This will demonstrate your commitment and readiness to contribute from day one.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific situations, like contract variations or budget overruns. Think of real-life examples where you've successfully navigated similar challenges. This will showcase your problem-solving skills and ability to work under pressure.
✨Showcase Your Communication Skills
You'll need to interface with various teams, so highlight your communication abilities. Prepare to discuss how you've built relationships with stakeholders in previous roles. Being personable and assertive can set you apart, so don't shy away from sharing your experiences.
