Cost Engineer

Outsource Uk; England; On-site; GBP 42,000 - 62,000; Full time

Job summary

Outsource UK in the United Kingdom is seeking a proactive Operational Finance Analyst to support integration and efficiencies across cost reporting and budgeting processes related to the new corporate Finance system. You will assist Budget Holders and lead on month-end reporting and forecasting as part of routine cost control.

The role requires experience in cost forecasting, a background in Finance/Cost Engineering, and the ability to travel within the UK, Germany and the Netherlands.

Qualifications

• Qualification or background in: Construction, Finance, Analytical, Cost Engineering, or Procurement.

Responsibilities

• Support Integration related procurement activities

Skills

Analytical skills

Attention to detail

Problem solving

Team collaboration

Willingness to travel

Education

Finance / Cost engineering / Procurement background

Professional cost organisation membership (RICS, ACostE)

Tools

Microsoft Office

Job description

• Provide support to the Senior Operational Analyst in activities related to integration and efficiencies.
• Assisting with the standardisation of cost reporting associated with implementation of new corporate Finance system
• Provide support to the Budget Holders in the production and management of the O&M annual budgets.
• Provide support and training to the Budget Holders with the raising of purchase orders within the new Finance system
• Provide support to Finance, Budget Holders and O&M Leadership team for month end reporting and forecasting, as part of routine cost control activities
• Review monthly cost reports detailing any perceived issues relating to forecast variances and highlight potential opportunities or risks.
• Review commercial rechargeable costs within Operations
• Review and management of Corrective Maintenance Capex process with Maintenance

Key Responsibilities

Operations

• Support Integration related procurement activities
• Support the process of merging Cost Reporting process between all companies involved in the integration
• Undertaking cost benefit analysis for integration related activities
• Support the Senior Operational Analyst with the implementation of new Finance system
• Manage and support the O&M monthly cost reporting with Budget Holders
• Update and monitor O&M Budget and forecast with Budget Holders and report impact to O&M Leadership
• Identifying, analysing, and developing responses to commercial risks.

Equipment

• Adhere to procedures relating to the proper use and care of assets, equipment, and materials for which the role has responsibility

HSSEQ

• Work to standard, procedures, and work instructions for Safety Critical Tasks to meet COMAH requirements.
• Ensure all tasks carried out conform to company policies, procedures, and systems.
• Comply with the Values and Fundamental Principles of Exolum.
• Be responsible, regardless of position, for the health, safety and security of yourself, colleagues, and customers in accordance with Exolum business and HSEQ principles.
• Be individually responsible for bringing to the notice of Line Management any potential hazard to health, safety or the environment of which you know or learn, in order that the hazard can be eliminated or significantly reduced; and for reporting any incidents relating to work activities.

This is not intended to be a limiting or prescriptive job description and post holders may be tasked with other duties/ responsibilities from time to time in keeping with their skills, experience or to aid individual development.

Person Specification

Education, Training and Qualifications

• Qualification or background in: Construction, Finance, Analytical, Cost Engineering, or Procurement
• Membership of a professionally recognised cost organisation (e.g.: RICS, ACostE)

Previous Experience

• Experience in the Oil and Gas sector or Process related Operations
• Proven experience of developing and monitoring annual budgets/ forecasts.
• Proven experience of developing new cost monitoring procedures.
• Considerable experience in a cost or commercial role within the Operations and Maintenance sector, specialising in Maintenance activities

Skills and Knowledge

• Knowledgeable in Cost forecasting and Construction contracts.
• Knowledge of Construction contracts
• Fluent German or Dutch speaker

Personal Attributes

• Problem solving abilities
• Actively seek Team solutions
• Analytical skills
• Attention to Detail
• Proven track record of working from Home
• Willingness to travel within the UK, German and the Netherlands

Other Specific Requirements

• Proficient in Microsoft Office including Word, Excel, Teams and Project