OverviewBilfinger 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.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 ResponsibilitiesTo 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 completionTo provide advice and support to Delivery Managers regarding commercial aspects of managing contracts based on early interrogation of financial and cost dataTo assist with the identification and management of contract variationsTo assist in providing visibility on Contract Financial Performance including the preparation of required elements for monthly management accountsTo carry out audits & reviews as necessary, to assist with the identification and implementation of potential commercial improvementsTo ensure suitable controls are in place in support of financial deliverablesTo ensure compliance with company policies, processes and procedures related to the management of commercial aspectsIn 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 timeTo interface with Business Managers, Invoicing, Accounts, Procurement, TenderingSPECIFIC TASKSAnalysis 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 teamProduce weekly cost reports data in order to inform clients, operations, and management of progress against budgetsAnalyse any variances and advise the operations team of the reasons and any required actions e.g. revise estimates or request variation ordersProduce forecasts for individual work scopes and ensure these are updated to reflect any changes to the scope, duration or timing of the jobProvide 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 scopeCollation of Contract Budgeting/Forecasting information & check on the integrity of the information provided to ensure the dependability of information providedTo collate all relevant start-up information for jobs/phases and to set up in the company databaseTo facilitate inter-dept. communication regarding the start-up of new jobs/phasesTo study and familiarise oneself with relevant Contract Commercial Terms & Conditions and monitor to ensure compliance with theseTo review all invoices for completeness & correctness prior to submission to the ClientTo assist in the preparation of valuations to meet the requirements scope of worksAssist in preparation and resolving claimsSubmission of annual rates upliftsAssist in re-negotiation of revised contract termsIdentification of areas of commercial weakness and assist in rectifying/improving such problemsCross-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 possibleAssist in preparing/reviewing the commercial element of Business CasesInterface 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 reportsMonitor and provide feedback relative to KPI performance and highlight areas where improvement is necessary to optimise financial returnAssist in purchase v hire decision for equipmentInterface person for internal Accounts/Invoicing departments with regard to commercial issuesReconciliation exercises as requiredProvides detailed analysis of completed projects to highlight areas of learning and improvementExperience & QualificationsProven track record in a similar roleExperience in a fast-paced work environmentPossess 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 SolverSelf-starter and team player with excellent communication skillsRelationship builder with strong commercial AwarenessAbility to work under pressure and to a deadlineKnowledge/previous use of SAP (desirable)Highly personableAssertive and confidentHigh level of discretion and confidentialityExperience of different contract typesIf you wish to speak to a member of the recruitment team, please contact 01224 246246. #J-18808-Ljbffr