Strategic Cost Engineer for Major Construction Projects

Millbank Holdings; Hull and East Yorkshire; On-site; GBP 42,000 - 65,000; Full time

Job summary

Millbank Holdings Ltd is seeking two experienced Cost Engineers to join our delivery team for major engineering and construction programmes. You will manage cost control, forecasting, and commercial reporting to support project delivery, working closely with project, commercial and finance teams.

You will need NEC4 Option B contract experience, NAECI commercial knowledge, and proficiency in cost reporting tools such as SAP and Power BI to drive profitability and performance across complex

Qualifications

• Experience with NEC4 Option B contracts.
• Knowledge of the NAECI Agreement and its commercial application.
• Proven experience supporting major construction, engineering or infrastructure projects.
• Strong commercial awareness within a contractor-led environment.
• Proficiency in cost reporting and financial management systems (SAP, Power BI or similar).

Responsibilities

• Produce accurate cost reports and support month-end submissions.
• Review measurements, valuations and cost forecasts.
• Monitor project performance against budget and manage cost risks.
• Prepare accruals, provisions, and expenditure forecasts.
• Analyse cost data using financial and reporting systems.
• Manage subcontractor commercial activities including valuations and payments.
• Support change control processes and variations.
• Produce cost-to-complete assessments and cash flow projections.
• Support payment applications and commercial reporting requirements.
• Facilitate commercial review meetings with project teams and supply chain partners.
• Conduct commercial audits and identify profitability improvements.

Skills

Cost reporting

Forecasting

Contract management

Valuations

Stakeholder management

Analytical mindset

Tools

SAP

Power BI

Job description

Millbank Holdings Ltd is seeking two experienced Cost Engineers to join our delivery team for major engineering and construction programmes. You will manage cost control, forecasting, and commercial reporting to support project delivery, working closely with project, commercial and finance teams.

You will need NEC4 Option B contract experience, NAECI commercial knowledge, and proficiency in cost reporting tools such as SAP and Power BI to drive profitability and performance across complex