Cost Engineer - PUMA

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 is a leading international industrial services provider, driving efficiency and sustainability for the process industry. With about 31,000 employees and over €5.4 billion in revenue in 2025, we offer solutions in consulting, engineering, manufacturing, maintenance, turnarounds, and digital applications across key sectors like energy, chemicals, pharma, and oil & gas.

Shape the future with Bilfinger UK: With a strong commitment to sustainability, Bilfinger UK stands out as a premier provider of engineering and maintenance services. For over 50 years, Bilfinger UK has consistently pushed the boundaries of innovation, delivering advanced solutions that support industries, infrastructure, and communities across the United Kingdom.

As a key member of the globally respected Bilfinger Group, Bilfinger UK has built a reputation as a versatile leader, offering both onshore and offshore services. From energy and utilities to pharmaceuticals and petrochemicals, the company’s broad expertise across various sectors makes it a trusted partner in the industry, as well as a work environment where you can develop your potential.

At Bilfinger, we offer a work environment where you can learn and grow. Join us and be part of a team shaping the future!

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 applicationFacilitation 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

For additional information please contact Leo Andrew Carvel Taylor by email [e-mail].

Bilfinger is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, disability or other characteristics protected by law.