Cost Engineer - PUMA

Bilfinger Berger SE; Hull and East Yorkshire; On-site; GBP 45,000 - 65,000; Full time

Job summary

Bilfinger UK is seeking a Cost Engineer to deliver financial data, cost control, and forecast analysis across major construction projects. You will manage BOQ updates, cash flow, and subcontractor valuations, working with SAP and BI tools.

The role requires experience with NEC 4 Option B Contracts, NAECI, and a strong bias toward contractor working. You will contribute to cost control and compliance across project lifecycles from planning to payment applications.

Qualifications

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

Responsibilities

• Provide key financial data for internal month end submissions.
• Remeasurement / checking of BOQ updates.
• Forecasting actual versus budget.
• Risk analysis for cost and value (best case, worst case, most likely).
• Cost provisions / accruals including third party materials and subcontractors.

Skills

NEC 4 Option B Contracts

NAECI Agreement

Major Construction Projects

Standard Method of Measurement

Contractor working bias

Job description

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