Are you an experienced Cost Engineer? 
Are you based locally to Hull or prepared to relocate? 
Are you from a Petrochemical or Chemical background? 

Cost Engineer (x2) Location: Hull (on-site)
Start Date: ASAP
Hours: 37.5 per week (Full-Time)
Contract Type: Permanent
Salary: £55,000 per annum
Living Away Allowance: £355.67/week (if commuting more than 45 miles from site)
Overtime: Available

Overview A leading engineering and maintenance provider is looking to appoint two experienced Cost Engineers for permanent roles based on-site in Hull. These are full-time positions supporting large-scale industrial works, with the opportunity to contribute to cost control, forecasting, subcontractor management, and commercial performance across complex engineering environments.

Key Responsibilities
Produce financial reports to support monthly profit and loss (P&L) reporting

Re-measure and validate updates to the Bill of Quantities (BOQ)

Forecast actuals versus budget and report variances

Carry out risk analysis (best case, worst case, most likely scenarios)

Manage cost accruals across subcontractors, plant, and materials

Analyse weekly cost data using SAP and Power BI

Maintain full awareness of all subcontract agreements

Administer Early Warning Notices from subcontractors

Support cost value reconciliation and forecasting

Review, respond to, and track Compensation Events and change control

Prepare data for payment applications

Facilitate subcontractor meetings and progress reviews

Negotiate and agree subcontractor valuations and payment certifications

Develop and maintain cash flow forecasts

Perform audits of subcontractor claims, rates, and progress

Identify opportunities to improve margins through cost efficiencies

Experience Required
Strong working knowledge of NEC4 Option B contracts

Understanding of the NAECI Agreement

Experience on major construction or engineering projects

Familiarity with Standard Method of Measurement (SMM)

Commercially focused with strong analytical and reporting skills

Proficient in tools such as SAP and Power BI

Additional Information
Site-based role in Hull, Monday to Friday

Living away allowance of £355.67/week for those based more than 45 miles from site

Overtime available depending on project requirements

This is a great opportunity to join a major industrial programme in a permanent capacity with excellent long-term potential.

Millbank Holdings Ltd is an equal opportunities employer and respects diversity. We welcome applications from all suitably qualified persons who are eligible to live and work in the UK.
Millbank is proud to be a member of the 'Disability Confident Scheme'. Millbank operates as an Employment Agency and Business.

Millbank Holdings Ltd is an equal opportunities employer committed to creating an inclusive and diverse workforce. We welcome applications from all suitably qualified individuals, regardless of background, and encourage candidates from underrepresented groups to apply.
 
We are proud to be a member of the Disability Confident Scheme, and we are committed to ensuring an accessible and supportive recruitment process for everyone. If you require any adjustments at any stage, please let us know and we'll do our best to accommodate.

Millbank operates as both an Employment Agency and an Employment Business