Cost Engineer - PUMA
About this role
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.
Company at a glance
As a leading construction and maintenance provider, Bilfinger aims to enhance the efficiency of assets and lower operational costs. Our portfolio covers the entire value chain - from concept to construction, start-up to maintenance, reliability, and specialty services for industrial and commercial facilities across the United States. Bilfinger upholds the highest standards of safety and quality while delivering turnkey solutions, incorporating systems and technology to improve safety, planning, scheduling, and productivity.
The industrial markets served include oil and gas, refining, petrochemical, power generation, agriculture and food processing, biofuels, and specialty chemicals, among others.
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