Senior Cost Engineer

Description

• Provides detailed analysis of completed projects to highlight areas of learning and improvement
• 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 ensure compliance with company policies, processes and procedures related to the management of commercial aspects
• Assist in the standardisation of techniques and reporting mechanisms as far as is possible
• Identification of areas of commercial weakness and assist in rectifying/improving such problems
• To provide advice and support to Delivery Managers regarding commercial aspects of managing contracts based on early interrogation of financial and cost data
• Assist in purchase v hire decision for equipment
• 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 preparing/reviewing the commercial element of Business Cases
• 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.
• Collation of Contract Budgeting/Forecasting information & check on the integrity of the information provided to ensure the dependability of information provided
• Monitor and provide feedback relative to KPI performance and highlight areas where improvement is necessary to optimise financial return
• Assist in preparation and resolving claims
• To assist in the preparation of valuations to meet the requirements scope of works
• To interface with Business Managers, Invoicing, Accounts, Procurement, Tendering
• Assist in re-negotiation of revised contract terms
• Assists the in preparation of financial elements for Client reports
• Interface person for internal Accounts/Invoicing departments with regard to commercial issues
• To collate all relevant start-up information for jobs/phases and to set up in the company database
• To ensure suitable controls are in place in support of financial deliverables
• To study and familiarise oneself with relevant Contract Commercial Terms & Conditions and monitor to ensure compliance with these
• To assist in providing visibility on Contract Financial Performance including the preparation of required elements for monthly management accounts
• To carry out audits & reviews as necessary, to assist with the identification and implementation of potential commercial improvements
• To assist with the identification and management of contract variations
• 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
• Analyse any variances and advise the operations team of the reasons and any required actions e.g. revise estimates or request variation orders
• Produce weekly cost reports data in order to inform clients, operations, and management of progress against budgets
• 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)
• To facilitate inter-dept. communication regarding the start-up of new jobs/phases
• Submission of annual rates uplifts
• Produce forecasts for individual work scopes and ensure these are updated to reflect any changes to the scope, duration or timing of the job
• 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
• To review all invoices for completeness & correctness prior to submission to the Client

Requirements

• High level of discretion and confidentiality
• Highly personable
• Experience in a fast-paced work environment
• Experience of different contract types
• Knowledge/previous use of SAP (desirable)
• Proven track record in a similar role
• Assertive and confident
• Ability to work under pressure and to a deadline
• Relationship builder with strong commercial Awareness
• Self-starter and team player with excellent communication skills
• 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

Benefits

Training + Development

Interview process

Visa Sponsorship

Security clearance