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For Companies At a Glance
- Tasks: Lead cost management and reporting for various projects while mentoring a team.
- Company: Join a dynamic company in Aberdeen focused on innovative project solutions.
- Benefits: Enjoy competitive pay, professional development opportunities, and a collaborative work environment.
- Why this job: Be part of impactful projects and develop your skills in a supportive team culture.
- Qualifications: Experience in cost management and project controls is essential; leadership skills are a plus.
- Other info: This is a 12-month contract role with potential for future opportunities.
The predicted salary is between 43200 - 72000 £ per year.
Location: Aberdeen
Contract Length: 12 Months
BASIC PURPOSE OF THE ROLE
The Cost Lead will support the business in the cost management and reporting of various project activity and provide a key interface role between the client Team and various company subcontractors. The remit of the role be across the estimating, cost control, forecasting, cost analysis, reporting and reconciliation areas of the aforementioned activity and involve close liaison with budget holders, department managers, planning and finance.
KEY RESPONSIBILITIES
- To lead, mentor and develop cost engineers and senior cost engineers reporting into the role.
- Assign, monitor and review work of direct reports.
- Understand the relationships between the project controls functions, estimating, planning/scheduling, cost control, and risk management.
- Provide cost control leadership on project teams.
- Advise and counsel in areas of expertise.
- Advise and drive the business in the preparation of AFEs and AFE supplements in a timely manner in accordance with AFE process.
- Responsible for the timely and accurate preparation of VOWD and costs forecasts, for OPEX/CAPEX and ABEX activities within their remit.
- Monthly re-forecasts utilizing estimates, PO commitment report, planning schedules and any other relevant information.
- Work with all stakeholders to ensure appropriate reporting cut offs are maintained.
Cost Lead employer: Click To Hired
Contact Detail:
Click To Hired Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cost Lead
✨Tip Number 1
Familiarise yourself with the specific cost management tools and software commonly used in the industry. Being able to demonstrate your proficiency in these tools during discussions can set you apart from other candidates.
✨Tip Number 2
Network with professionals already working in cost management roles, especially those in Aberdeen. Attend industry events or join relevant online forums to gain insights and potentially get referrals.
✨Tip Number 3
Prepare to discuss your experience in mentoring and developing team members. Highlight specific examples where you've successfully led a team or improved processes, as this is a key responsibility of the Cost Lead role.
✨Tip Number 4
Research the company’s recent projects and financial performance. Being knowledgeable about their work will allow you to engage in meaningful conversations during interviews and show your genuine interest in the role.
We think you need these skills to ace Cost Lead
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of the Cost Lead position. Familiarise yourself with cost management, reporting, and the key interfaces mentioned in the job description.
Tailor Your CV: Highlight your relevant experience in cost control, forecasting, and project management. Use specific examples that demonstrate your ability to lead and mentor teams, as well as your expertise in cost analysis.
Craft a Strong Cover Letter: In your cover letter, explain why you're a great fit for the role. Mention your experience with AFEs, VOWD, and your ability to work with various stakeholders. Show enthusiasm for the opportunity to contribute to the company.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects your attention to detail, which is crucial for a Cost Lead role.
How to prepare for a job interview at Click To Hired
✨Understand the Role Thoroughly
Before the interview, make sure you have a solid grasp of what the Cost Lead position entails. Familiarise yourself with cost management, reporting, and the specific responsibilities mentioned in the job description. This will help you answer questions confidently and demonstrate your genuine interest in the role.
✨Prepare for Technical Questions
Expect to be asked about your experience with cost control, forecasting, and financial reporting. Brush up on relevant methodologies and tools you’ve used in previous roles. Being able to discuss specific examples will showcase your expertise and problem-solving skills.
✨Showcase Leadership Skills
As a Cost Lead, you'll be expected to mentor and develop other cost engineers. Be prepared to discuss your leadership style and provide examples of how you've successfully led teams in the past. Highlight any mentoring experiences that demonstrate your ability to guide others.
✨Engage with Stakeholders
Since the role involves liaising with various stakeholders, think about how you can effectively communicate and collaborate with different teams. Prepare examples of how you've worked with budget holders, department managers, or finance teams to achieve project goals. This will illustrate your interpersonal skills and ability to work in a team environment.
