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Permanent

Senior Cost Engineer

Wokingham
money-bag Negotiable
F00A21D1363429D80028308F6090F9F9
Posted Yesterday

OverviewBilfinger UK is a leading engineering and maintenance provider, supporting customers across the chemical and petrochemical, nuclear, oil and gas, pharmaceuticals and biopharma, power and energy, utilities, renewables and food and 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. The position holder is employed as a Senior Cost Engineer for a Nuclear Defence Client and is required to execute identified job tasks in a diligent and efficient way as directed by the Commercial Manager.

Main Responsibilities

To produce reports from the analysis of cost reports, and forecasts in order to facilitate improved cost control/reduction, and support the Operations team in delivering work scopes within budget and cost recover where appropriate.

To provide the commercial manager with ''cost reports'' and ''value of work done summaries'' in order to advise on progress against budgets, and also ''forecasts'' of cost to completion

To provide advice and support to Delivery Managers regarding commercial aspects of managing contracts based on early interrogation of financial and cost data

To assist with the identification and management of contract variations

To assist in providing visibility on Contract Financial Performance including the preparation of required elements for monthly management accounts

To carry out audits and reviews as necessary, to assist with the identification and implementation of potential commercial improvements

To ensure suitable controls are in place in support of financial deliverables

To ensure compliance with company policies, processes and procedures related to the management of commercial aspects

In addition to the duties and responsibilities listed, the position holder is required to perform other duties as may arise in connection with the successful operation of the Company or assigned by Commercial Manager from time to time

To interface with Business Managers, Invoicing, Accounts, Procurement, Tendering

SPECIFIC TASKS

Analysis and production of cost report in a format to meet the needs of the client and client agents, the project management team, and the wider management team

Produce weekly cost reports data in order to inform clients, operations, and management of progress against budgets

Analyse any variances and advise the operations team of the reasons and any required actions e.g. revise estimates or request variation orders

Produce forecasts for individual work scopes and ensure these are updated to reflect any changes to the scope, duration or timing of the job

Provide the client and client agents with monthly ''value of work done'' summaries, in order to highlight costs to date, uninvoiced costs to come, plus additional costs to complete the work scope

Collation of Contract Budgeting/Forecasting information and check on the integrity of the information provided to ensure the dependability of information provided

To collate all relevant start-up information for jobs/phases and to set up in the company database

To facilitate inter-dept. communication regarding the start-up of new jobs/phases

To study and familiarise oneself with relevant Contract Commercial Terms and Conditions and monitor to ensure compliance with these

To review all invoices for completeness and correctness prior to submission to the Client

To assist in the preparation of valuations to meet the requirements scope of works

Assist in preparation and resolving claims

Submission of annual rates uplifts

Assist in re-negotiation of revised contract terms

Identification of areas of commercial weakness and assist in rectifying/improving such problems

Cross-sharing of ideas between different contracts to ensure lessons learnt from both positive and negative influences. (Export the positives to other areas/contracts and make recommendations to eradicate weaknesses)

Assist in the standardisation of techniques and reporting mechanisms as far as is possible

Assist in preparing/reviewing the commercial element of Business Cases

Interface with Procurement Team on any project-specific aspects that fall out with Master Supplier/Sub-Contract Agreements (to ensure that optimum solution is reached for the company)

Assists the in preparation of financial elements for Client reports

Monitor and provide feedback relative to KPI performance and highlight areas where improvement is necessary to optimise financial return

Assist in purchase v hire decision for equipment

Interface person for internal Accounts/Invoicing departments with regard to commercial issues

Reconciliation exercises as required

Provides detailed analysis of completed projects to highlight areas of learning and improvement

Experience and Qualifications

Proven track record in a similar role

Experience in a fast-paced work environment

Possess a finance degree or be working towards a recognised accounting qualification or have suitable relevant experience working in a similar Commercial or Financial role (desirable)

Problem Solver

Self-starter and team player with excellent communication skills

Relationship builder with strong commercial Awareness

Ability to work under pressure and to a deadline

Knowledge/previous use of SAP (desirable)

Highly personable

Assertive and confident

High level of discretion and confidentiality

Experience of different contract types

If you wish to speak to a member of the recruitment team, please contact 01224 246246.

Bilfinger UK Limited

Finance and Controlling

Permanent

Professional

Bilfinger Office

#J-18808-Ljbffr

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