Senior Cost Specialist

Morson Talent

  • Berkshire
  • Permanent
  • Full-time
  • 7 days ago
  • Apply easily
At this level a Senior Cost Engineer (PMO Cost Specialist (Advanced)) is responsible for applying requirements management , budgeting & cost control , financial management , change management and benefits management independently primarily in complex situations across P3M. Ability to developing and agree scope/budgets for projects and/or programmes and controlling forecast and actual costs against them. This includes the provision of risk & opportunity analysis on these budgets and change management.Top 5 Major Tasks and Activities:
  • Develop/implement and maintain the Project Baseline Budgets incl 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
Company/Industry Knowledge:
  • Significant experience of applying budgeting & cost control in a complex environment
Extensive recent and relevant experience in a similar environment / business sector
  • Awareness of various contracting methodologies (e.g. FIDIC/NEC3-4/JCT etc…) including resolution of claims and disputes
  • Previous experience of supervisory / line management in cost estimating, cost engineering or project controls environment
  • 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 bachelors degree in engineering / project / construction management or a related field
  • ECITB QCF Level 5 Diploma in Cost Engineering (Cost Control)
  • Have an professional qualification and membership (eg APM/Acoste/RICS) (or equivalent)

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