Cost Engineer – Construction Projects & Forecasting

Bilfinger; Hull and East Yorkshire; On-site; GBP 55,000 - 70,000; Full time

Job summary

Bilfinger UK is seeking a Cost Engineer to manage cost control for major construction projects. You will provide financial data, remeasure BOQs, forecast to budget, and manage subcontractor costs and cash flows. Proactive risk analysis and change management support will be essential.

The role requires experience with NEC4 Option B contracts, knowledge of NAECI, and a contractor-focused approach, with proficiency in SAP and Power BI to maintain cost visibility and reporting.

Qualifications

• NEC 4 Option B contracts experience.
• Knowledge of NAECI agreement.
• Experience on major construction projects.
• Knowledge of the Standard Method of Measurement.
• Strong bias to contractor working.

Responsibilities

• Provide key financial data for internal month end P&L submissions.
• Remeasurement / checking of BOQ updates.
• Forecast actuals vs budget.
• Cost provisions and accruals including subs, materials, plant.
• Weekly cost ledger analysis using SAP and Power BI.
• Manage subcontractor agreements and EWNs.
• Determine cost to date and forecast to complete.
• Handle change management and client notifications of compensation events.
• Prepare data for main payment applications and progress meetings.
• Agree subcontractor valuations and payment certificates.

Skills

NEC 4 Option B Contracts

NAECI Agreement

Major construction projects

Standard Method of Measurement

Contractor-focused bias

Tools

SAP

Power BI

Job description

Bilfinger UK is seeking a Cost Engineer to manage cost control for major construction projects. You will provide financial data, remeasure BOQs, forecast to budget, and manage subcontractor costs and cash flows. Proactive risk analysis and change management support will be essential.

The role requires experience with NEC4 Option B contracts, knowledge of NAECI, and a contractor-focused approach, with proficiency in SAP and Power BI to maintain cost visibility and reporting.