Cost Engineer

10 Days Old

Cost Engineer for a major Offshore Wind Project based in The UK

Responsibilities

Develop, maintain, and administer cost forecasts for the Offshore Wind Project from Investment Decision through to Final Completion.
* Maintain an accurate schedule of forecasted cash flows for the full project duration.
* Record, assess, and monitor the financial impact of change requests; communicate outcomes clearly to the Project Management Team.
Cost Control & Expenditure Management
* Control and monitor total project expenditure.
* Verify and check invoices and claims submitted by suppliers, vendors, and subcontractors to ensure correct capture, alignment with contracts, and accurate cost recording.
* Identify, assess, and track financial risks and present findings to the Project Finance Director.
Reporting & Financial Compliance
* Support monthly project reporting, including preparing financial information required for Project Finance obligations and shareholder updates.
* Monitor FX hedge positions and maintain all necessary inputs for hedge accounting processes.
* Support valuation activities for OFTO assets and provide input into the regulated divestment transaction process.
* Ensure adherence to internal financial controls, such as Delegation of Authority guidelines, project-specific shareholder agreement requirements, and local country compliance procedures.
Stakeholder Collaboration
* Develop and maintain strong working relationships with internal stakeholders.
* Provide clear and transparent visibility of financial status, analytical insights, and issues to both project management and line management.Requirements

* Proven knowledge and understanding of construction contracts within the renewables sector or comparable large infrastructure projects
* Advanced proficiency in Excel.
* Experience with SAP or similar ERP systems.
* Quantity surveyor qualification or similar certification.
* Strong communication and organizational skills.
* Ability to work effectively in a dynamic, international environment with an entrepreneurial mindset.
* Demonstrated ability to manage relationships with multiple stakeholders across a matrix organisation
Apply
Location:
London
Job Type:
FullTime
Category:
Other

We found some similar jobs based on your search