Cost Engineer

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.
• 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.
• 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.
• 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.

• 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