Cost Specialist
Techniche Global
We are supporting leading specialist in nuclear services and engineering delivery, as they seek a number of Cost Specialists to join a major programme of nuclear infrastructure projects. You will be responsible for applying requirements management, budgeting & cost control, financial management, change management and benefits management under supervision primarily in non-complex situations.
Rate: £50 – 64p/hour (Umbrella – inside IR35)
Location: Burghfield, Berkshire – hybrid (3 days onsite, 2 days WFH)
Duration: 6 months initially
Requirements: British passport holders living and working in the UK for the past 5 years
Key responsibilities:
Top 5 Major Tasks and Activities:
- Develop/implement and maintain the Project Baseline Budgets including Control Account Plans/Responsibility Assignment Matrix and WBS Dictionary (SOW).
- Responsible for the monitor, control and validation of project’s accruals and commitments and the control of resource and financial forecast data.
- Management and control of cost risk budget and drawdown and input into the risk management process.
- Management and control of financial change management on the project and assurance of alignment with the business/contractual requirements.
- Provision of internal and external financial performance & cost reports including earned value and variation analysis.
Additional Key Accountabilities:
- Alignment of cost management with schedule and contract.
- Maintain cost elements within ERP
- Key point of contact with the client and the project accountant for all financial budget and change control
- Develop appropriate internal CBS and Control Accounts that are aligned to scope, contract and WBS.
- Provide cost management support to bid and project initiation phases to ensure project are correctly set up and initiated.
- Ensure cost management is aligned to the estimates and estimating process.
- Analysing, vetting and interrogating the Contract Specification to ensure a full and detailed understanding and interpretation of the Customer requirements including Project gate and phase reviews iaw the Project Life cycle
Desired Experience. Qualifications:
Company/Industry Knowledge:
- Extensive recent and relevant experience in a similar environment / business sector
- Extensive experience applying budgeting & cost control in a complex environment
- Awareness of various contracting methodologies (e.g. FIDIC/NEC3-4/JCT etc.) including resolution of claims and disputes
- Advanced knowledge of cost management techniques
- Advanced knowledge of Earned Value Management
- Advanced Estimating
- Quantity surveying
- Quantitative risk analysis experience
- Full project lifecycle experience from bid phase through to close out
Qualifications:
- HNC level qualification (or equivalent) in cost engineering or quantity surveying
- Ideally a bachelor’s degree in engineering / project / construction management or a related field
- ECITB QCF Level 5 Diploma (or equivalent) in Cost Engineering (Cost Control)
- A professional qualification and membership (e.g. APM/AcostE/RICS) (or equivalent)
Upon applying, you will be provide with full Job specification.