Senior Cost Analyst

JR United Kingdom; London; On-site; GBP 45,000 - 70,000; Full time

Job description

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Senior Cost Analyst, London (Farringdon)

Client:

GemPool

Location:

London (Farringdon), United Kingdom

Job Category:

Other

EU work permit required:

Yes

Job Views:

11

Posted:

18.04.2025

Expiry Date:

02.06.2025

Job Description:

Title: Senior Cost Analyst

Type: FTE

Location: Farringdon, London. (On-site)

About the Opportunity:

GemPool Recruitment is seeking a highly skilled Senior Cost Analyst to join a leading organisation in the data centre industry. This is an exciting opportunity to work on large-scale projects, supporting cost analysis, cost management, and cost control activities. The successful candidate will play a crucial role in ensuring accurate cost reporting and forecasting while collaborating closely with multiple teams.

Key Responsibilities:

1. Support Project Commercial Managers and Project Directors in developing project cost plans.
2. Track and report planned versus actual project costs, identifying and explaining variances accurately and promptly.
3. Develop cash flow projections and manage invoicing relationships to ensure a smooth financial process.
4. Liaise with project and management teams to resolve cost-related issues.
5. Aggregate cost plans across projects to provide a consolidated group-level view, ensuring accurate reporting and impact assessment.
6. Conduct Earned Value analysis and provide in-depth financial insights.
7. Ensure the integrity of cost data input into monthly reports, collaborating closely with investment and finance teams.
8. Present cost reports and key financial insights at management meetings.
9. Ensure compliance with project control requirements and suggest improvements where necessary.
10. Validate and analyse cost reports from project cost management leads and external cost partners.
11. Assess supply chain data to enhance cost forecasting and accuracy.
12. Deliver detailed cost variance analysis, root cause evaluations, and recommend corrective actions.
13. Conduct monthly Estimate at Completion (EAC) reviews in collaboration with project teams.
14. Monitor contingency budgets and support proactive cost management strategies.
15. Provide data-driven cost trend insights to project teams.
16. Contribute to benchmarking studies and historical cost data analysis.

Required Experience & Skills:

1. A minimum of 5 years of experience in Cost Analysis, Cost Engineering, Commercial Management, or Quantity Surveying.
2. Strong knowledge of project controls and cost management software.
3. Advanced proficiency in Microsoft Excel and MS Office Suite.
4. Excellent communication and stakeholder management skills.
5. A proactive, problem-solving mindset with the ability to work independently and within a team.
6. In-depth experience with cost forecasting, variance analysis, and cost reporting methodologies.
7. Knowledge of Earned Value Management (EVM) principles and contractual frameworks.

Desirable Qualifications:

1. Degree in Engineering (Mechanical, Civil, Electrical, Chemical), Science, Mathematics, Project/Business Management, or related fields.
2. Understanding of the Data Centre industry and market dynamics.
3. Project Management certification (e.g., APMP) or membership in a relevant professional body.
4. Experience with coaching and mentoring teams.
5. Willingness to travel occasionally to project sites across the UK.

This is a fantastic opportunity to contribute to high-value projects within a rapidly growing industry. If you have the expertise and drive to excel in this role, we would love to hear from you! Apply today through me, [emailprotected]