Cost Engineer

Superior Recruitment Group; Hessle; On-site; GBP 40,000 - 55,000; Full time

Job summary

A leading recruitment agency is seeking a Cost Engineer to join a major project in Hessle. You will be responsible for financial data analysis, forecasting, and managing cost provisions. The ideal candidate will have experience with NEC 4 contracts and be familiar with major construction projects. This permanent position offers a chance to work at the forefront of the industry.

Qualifications

• Experience with NEC 4 Option B Contracts.
• Knowledge of NAECI Agreement.
• Experience on major construction projects.

Responsibilities

• Provide key financial data for month end P&L submissions.
• Conduct forecasting and risk analysis for costs.
• Manage cost provisions and accruals.

Skills

Financial data analysis

Risk analysis

Cost management

Use of SAP

Change management

Tools

Power BI

Job description

Overview

Superior Recruitment Group are working with a huge client based in Hull who are looking for a Cost Engineer.

This is a Permanent/Staff position.

Responsibilities

• 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 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 / Qualifications

• NEC 4 Option B Contracts
• Knowledge of NAECI Agreement
• Experience on major Construction Projects Standard Method of Measurement
• Strong bias to Contractor working