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Senior Cost Controller/Senior Cost Engineer - Brighton/Hybrid
Posted 2 hours 24 minutes ago by REAL Technical Solutions Limited
Senior Cost Controller/Senior Cost Engineer - Brighton/Hybrid
£60,000 plus excellent benefits and development opportunities/2 days per week either in the office or on site (3 days remote)
The Senior Cost Controller is responsible for overseeing the cost control and forecast on key infrastructure projects. They will be responsible for robust cost management throughout the project life cycle ensuring accurate cost forecasting, detailed analysis of actual cost and assessing and monitoring change.
Accountabilities for the Senior Cost Controller/Senior Cost Engineer:
Cost control:
- Manage and control project budgets, commitments, actual costs and forecasts aligned to project Cost Breakdown Structure (CBS).
- Responsible for high degree of forecasting accuracy for in month, in year and overall project Estimate at Completion (EAC).
- Prepare and manage accruals to ensure timely and accurate reflection of the Value of Work Done (VOWD)/Actual Cost Work Performed (ACWP) aligned to the project schedule.
- Update project forecasts to maintain an accurate and comprehensive Estimate to Complete (ETC)
- Produce monthly cost reports, including cost performance analysis, variances, trends, forecasts and contingency drawdown.
- Manage and report on cost performance through Earned Value Management (EVM) and Cost Performance Index (CPI).
External partners:
- Conduct reviews of contractor cost reports and application for payments.
- Work collaboratively with external partners to ensure integrated cost forecasts are developed and maintained.
- Ensure monthly cost updates are received from external partners and integrated into main cost forecast.
- Review and understand monthly variances in external partner cost performance updates.
Change Management:
- Manage the full life cycle of change events, including logging, quantifying, evaluating and implementing variations.
- Monitor and review external cost impact assessments for early warnings, compensation events and scope changes in accordance with NEC contract conditions.
Stakeholder Management:
- Work collaboratively with other project controls functions, planning, risk, change ensuring alignment across all functions.
- Contribute to and support the Quantitative Cost Risk Analysis (QCRA) process.
Skills & Competencies for the Senior Cost Controller/Senior Cost Engineer:
- Demonstrable extensive experience working in a cost management role within large-scale infrastructure projects.
- Strong analytical and numerical capability.
- Proactive, detail-oriented and able to operate effectively in a fast-paced project environment.
- Excellent communication and stakeholder engagement skills, with the confidence to work closely with senior project leaders.
- Good interpersonal skills and ability to form effective working relationships with multiple stakeholders.
Knowledge required for the Senior Cost Controller/Senior Cost Engineer:
Technical:
- Expert user of Cost Management software such as Prism, Hexagon EcoSys along with strong excel skills.
- Familiarity with NEC contracts and key clauses (clause 31, 32, early warnings, compensation events).
- Experience in dealing with regulatory bodies and reporting.
Senior Cost Controller/Senior Cost Engineer - Brighton/Hybrid
£60,000 plus excellent benefits and development opportunities/2 days per week either in the office or on site (3 days remote)
REAL Technical Solutions Limited
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