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Cost Intelligence Specialist

Stantec Consulting International Ltd.

Leeds

Hybrid

GBP 40,000 - 80,000

7 days ago
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Job summary

An established industry player is seeking a Cost Intelligence Specialist to enhance financial performance across major projects. This role offers a unique opportunity to work closely with clients in the water and energy sectors, focusing on data analysis, cost modelling, and risk management. You will lead initiatives that drive cost efficiencies and deliver actionable insights through comprehensive reporting. Join a collaborative team committed to professional development and contribute to impactful projects that improve community infrastructure and environmental sustainability. If you are passionate about making a difference, this role is perfect for you.

Benefits

Hybrid working options

Professional development opportunities

Mentorship programs

Qualifications

  • Experience in delivering complex commercial programs and cost intelligence initiatives.
  • Strong proficiency in data analysis tools like Excel, SQL, or Tableau.

Responsibilities

  • Collect and analyze financial data to identify trends and variances.
  • Develop cost models to forecast expenses and ensure financial planning.

Skills

Data Analysis

Cost Modelling

Estimating

Risk Management

Cost Challenge

Financial Modelling

Education

Degree in Engineering or related field

Tools

Excel

SQL

Tableau

Job description

Our continued success in delivering for many of the UK’s leading utility providers and major infrastructure developers is bringing significant growth across our team. If you care about your community and want to be involved in delivering improvements to the environment and infrastructure, then we have an exciting opportunity for a Cost Intelligence Specialist to join our Programme Management and Commercial Management team.

This role can be based from any of our UK and Ireland offices, with hybrid working allowing for a mix of home and in-office working.

As a Cost Intelligence Specialist within our Programme Management & Commercial Management (PMCM) team you will work across major programmes with clients in the water and energy sectors, focusing on optimising the financial performance of major projects and programmes.

In the role of Cost Intelligence Specialist you will work closely with clients and other stakeholders to help deliver complex capital delivery programmes. This is a varied role and some of the tasks you will take a lead on include:

  1. Data Analysis: collecting, analysing, and interpreting financial data to identify trends and variances. This process helps uncover opportunities for cost reduction and improves overall financial efficiency.

  2. Cost Modelling: Developing and maintaining cost models involves creating detailed frameworks to forecast costs at both the asset and component levels. These models help in predicting future expenses accurately, ensuring better financial planning and resource allocation.

  3. Estimating: The use of top-down estimating tools allows for broad, high-level cost predictions. Additionally, the ability to build estimates from the bottom up using a blend of quotations and rates provides detailed and accurate cost assessments.

  4. Cost Challenge: To determine efficiencies, it’s essential to analyse and optimise processes, civil engineering, Mechanical, Electrical, Instrumentation, Control, and Automation (MEICA) design. Additionally, evaluating construction methodologies and program allowances can help identify areas for improvement and cost savings.

  5. Reporting: Prepare comprehensive reports and dashboards that clearly present findings and recommendations to stakeholders. This ensures that the information is not only clear but also provides actionable insights for informed decision-making.

  6. Risk and Dispute Management: Conduct risk assessments, develop mitigation strategies, and prepare materials for negotiations to support stakeholder engagement and informed decision-making. You handle claims and disputes efficiently, optimising revenue by resolving issues promptly and effectively.

As a senior member of our team, you will be committed to the professional development of other team members – providing guidance and mentorship to help them grow and develop their careers.

About You

You will have experience of taking a lead role in delivering complex commercial programs and leading on cost intelligence initiatives that uncover opportunities for cost reduction and overall financial efficiency. You will have key strengths in the areas of cost modelling, estimating and cost challenge.

You will have prior experience within engineering, operations, cost analysis, financial modelling, or within similar roles, and have strong proficiency in data analysis tools, such as Excel, SQL, or Tableau.

Whilst not essential, experience within the water, energy, or related sectors, would be beneficial.

About Stantec

The Stantec community unites more than 31,000 employees working in over 450 locations across 6 continents. We have been working with our clients and communities in the UK for over 150 years. We plan, design, deliver and manage the development and infrastructure needed to support the creation of sustainable, healthy and prosperous communities.

Stantec provides equal employment opportunities to all qualified employees and applicants for future and current employment and prohibit discrimination on the grounds of race, colour, religion, sex, national origin, age, marital status, genetic information, disability, sexual orientation, gender identity or gender expression. We prohibit discrimination in decisions concerning recruitment, hiring, referral, promotion, compensation, fringe benefits, job training, terminations or any other condition of employment. Stantec is in compliance with laws and regulations and ensures equitable opportunities in all aspects of employment.

Building an inspired, inclusive work environment that attracts, supports, and develops world-class talent is a crucial key to our success. If you are excited by this role but worry that your experience doesn’t exactly align, we encourage you to apply.

At Stantec we want you to perform your best at every stage of the recruitment process and are committed to ensuring it is accessible to all. If you need any support or require adjustments to be made then please contact careers. UK&I@stantec.com and we will talk to you about how we can support you.

ReqID: 6910

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