Lead/Cost Analyst

First Recruitment Group
United Kingdom
GBP 40,000 - 60,000
Job description

Cost Analyst

Duration: 6 months +

Location: Reading, Winnersh

Hybrid Working

Responsibilities:

  1. Developing and managing project budgets and forecasts, monitoring costs and expenses, highlighting variances and challenging discrepancies to ensure budgets stay within contractual constraints.
  2. Implementing cost control measures to aid the optimization of costs profiling without compromising both the quality and schedules across the portfolio.
  3. Using cost databases, historical data, and trend analysis to review and intercept cost information for effective decision-making by senior leaders.
  4. Working in collaboration with Project teams to provide cost-related insights and support throughout the project lifecycle.
  5. Seeking opportunities to further improve cost estimation methods, streamline processes, and enhance efficiencies in cost management.
  6. Monitoring and clearing of internal business issues – DSO, Aged Debt, delayed invoicing, forecast accuracy, and application for payment peer reviews.
  7. Effectively communicating cost-related information and insights to diverse stakeholders, including presenting findings and sharing recommendations.
  8. Reviewing Team Margin Analysis reports and attending Project Reviews as required.
  9. Deputizing for the Cost Management lead where required.

Essential Qualifications & Experience:

  • Significant knowledge or qualification in a recognised programme/project management methodology, e.g., MSP, Prince, APM, and experience of NEC4 Contract.
  • Demonstrable experience of working in a major/complex infrastructure project and working in a matrix organisation.
  • Team-oriented leader with the ability to work closely with peers; delegate, motivate, and empower individuals and teams.
  • Earned Value Management (EVM).
  • Experience across all stages of the project life cycle.
  • Substantial experience of planning services in medium to large sized projects within the construction industry (£1m – £100m).
  • Capable of helping to forge and foster a culture of continuous improvement.
  • Ability to develop trust in people and assist others as required with strong communication skills, including writing reports & presenting.

Essential Qualifications & Experience:

  • Experience across all stages of the project life cycle.
  • Experience of working within NEC Projects.
  • Experienced with cost management systems such as Oracle or equivalent.
  • Good knowledge of Microsoft Office, in particular; Excel, Word, and Outlook.
  • HNC or equivalent qualification in an engineering/construction/project management related discipline.

Sector: Commercial, Admin & Office Support

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