Join to apply for the Senior Cost Engineer role at Bilfinger UK.
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.
Main Responsibilities
* Produce reports from the analysis of cost reports, and forecasts to facilitate improved cost control/reduction and support the Operations team in delivering work scopes within budget and cost recover where appropriate.
* Provide the commercial manager with cost reports and value of work done summaries to advise on progress against budgets, and also forecasts of cost to completion.
* Advise and support Delivery Managers regarding commercial aspects of managing contracts based on early interrogation of financial and cost data.
* Assist with the identification and management of contract variations.
* Assist in providing visibility on Contract Financial Performance, including preparation of required elements for monthly management accounts.
* Carry out audits & reviews as necessary, to assist with the identification and implementation of potential commercial improvements.
* Ensure suitable controls are in place in support of financial deliverables.
* Ensure compliance with company policies, processes and procedures related to the management of commercial aspects.
* Perform other duties as may arise in connection with the successful operation of the Company or assigned by the Commercial Manager from time to time.
* Interface with Business Managers, Invoicing, Accounts, Procurement, Tendering.
Specific Tasks
* Analyse and produce cost reports 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 to inform clients, operations, and management of progress against budgets.
* Analyse variances and advise the operations team of reasons and required actions (e.g., revise estimates or request variation orders).
* Produce forecasts for individual work scopes and update them to reflect changes.
* Provide monthly value-of-work-done summaries to highlight costs to date, uninvoiced costs, and additional costs to complete the work scope.
* Collate Contract Budgeting/Forecasting information and check integrity.
* Collate all relevant start‑up information for jobs/phases and set up in the company database.
* Facilitate inter‑department communication regarding the start‑up of new jobs/phases.
* Study and familiarize yourself with relevant Contract Commercial Terms & Conditions and monitor compliance.
* Review all invoices for completeness & correctness before submission to the Client.
* Assist in preparing valuations to meet the scope of works.
* Assist in preparing and resolving claims.
* Submit annual rates uplifts.
* Assist in renegotiating revised contract terms.
* Identify areas of commercial weakness and help rectify/improve them.
* Share lessons learned between contracts.
* Assist in standardising techniques and reporting mechanisms where possible.
* Assist in preparing/reviewing the commercial element of Business Cases.
* Interface with Procurement Team on project‑specific aspects involving Master Supplier/Sub‑Contract Agreements.
* Prepare financial elements for Client reports.
* Monitor and provide feedback on KPI performance to improve financial return.
* Assist in purchase‑vs‑hire decision for equipment.
* Act as interface person for internal Accounts/Invoicing departments on commercial issues.
* Perform reconciliation exercises as required.
* Provide detailed analysis of completed projects to highlight learning and improvement opportunities.
Experience & Qualifications
* Proven track record in a similar role.
* Experience in a fast‑paced work environment.
* Finance degree or working towards a recognised accounting qualification, or suitable relevant experience in a 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 of SAP (desirable).
* Highly personable.
* Assertive and confident.High level of discretion and confidentiality.
* Experience of different contract types.
Seniority level
Mid‑Senior level
Employment type
Full‑time
Job function
Management and Manufacturing
Contact: 01224 246246.
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