Head of Cost Management

Head of Cost Management

London Full-Time 48000 - 84000 £ / year (est.) Home office (partial)
P

At a Glance

  • Tasks: Lead cost management for property projects, ensuring budget adherence and driving cost savings.
  • Company: Join PureGym, the UK's top gym operator with over 2 million members and a commitment to diversity.
  • Benefits: Enjoy flexible working, private healthcare, life insurance, and gym membership for you and a friend.
  • Why this job: Be part of a culture that values continuous improvement and best practices in a dynamic environment.
  • Qualifications: Degree in quantity surveying or finance; strong leadership and negotiation skills required.
  • Other info: Passion for fitness is a plus; travel across the UK and internationally may be necessary.

The predicted salary is between 48000 - 84000 £ per year.

PureGym is the No.1 gym operator in the UK, and the 4th largest gym operator worldwide. With 600+ gyms and over 2 million members across the UK, Europe & US, we are the gym where Everybody is Welcome. We champion diversity and are committed to providing a workplace where everyone feelsfree to be. We offer:

  • Gym membership for you + 1
  • A truly flexible working culture
  • Personal private healthcare
  • Life insurance
  • Company pension contribution
  • Holiday purchase scheme up to an additional week.
  • Enhanced maternity pay

The Role

Location: London Hybrid (1 day a week in London office)
Type: Full Time
Contract type: Permanent

We are looking for a Head of Cost Management to join our Group Property Development (GPD)Team!

Working across our 4 key markets, you will own the accurate calculation of all capital project costs and manage projects to these approved cost plans; to provide an accurate view of all project timelines and ensure required resources are available; to drive the capex reduction agenda across all property project types; and to contribute to creating a culture of best practice and continuous improvement in GPD.

Key duties will include:

Deliver projects on or below budget, and continuously drive year on year cost savings (c.70% of focus):

  • Produce timely and accurate cost plans for new gyms, refurbishments, format developments, and other major capital investments, to enable Board approval.
  • Appoint competent Main Contractors and other partners, through the execution of appropriate tender and procurement processes.
  • Final Account administration, looking to minimize variations through engaging with the wider development team and the Main Contractors.
  • Provide appropriate reporting to relevant stakeholders for all property-related capex expenditure (new gyms and existing estate).
  • Lead a programme of continuous improvement to reduce the cost of projects (e.g. through value engineering, tendering, procurement etc).

Provide accurate status updates for all property projects, and ensure resources are available to deliver projects on time (c.20% of focus):

  • Drive achievement of the required volume of property projects, though engaging with peers and stakeholders to overcome barriers to success.
  • Lead the identification and resolution of any potential supply chain risks to delivering the required volume of property projects.
  • Maintain accurate, timely, and sustainable reporting on all property projects in line with multiple stakeholders’ requirements.
  • Ensure effectively deployment of internal resources through implementing strategies to optimize the project pipeline.

To enable successful delivery of the activities above, develop and motivate a high quality team (c.10% of focus):

  • Recruitment, develop, and motivate a highly capable team, ensuring plans are in place to ensure business continuity.
  • Continuously improve the ways of working within the team and across wider GPD activities. Leadership Contribution
  • Positively represent the GPD function internally and externally, and be recognised as a leader of the GPD function, not just Capital Investment.

The Person

  • Holds a degree or post-graduate conversion in quantity surveying or finance, and is professionally qualified.
  • An excellent communicator, with the ability to simply convey complex messages and influence at a senior level, up to C-suit. Has strong negotiation skills.
  • Is a capable and collaborative leader, able to coach, motivate, develop, and support a team of Quantity Surveyors and other analytically-minded individuals.
  • Has experience of overseeing a £100m+ portfolio of development activities.
  • Is highly numerate, with excellent cost management skills, with an ability to make investment and cost judgements with limited information.
  • Commercially astute, able to evaluate investment decisions considering member and brand expectations balanced with the required levels of return.
  • Able to develop and lead sustainable and effective cost management processes and policies.
  • Experience of delivering multi-site property developments consistently and at scale.
  • A highly capable operator, who can successfully resolve difficult situations and make critical decisions under pressure.
  • Proactive, accountable, hands-on, adaptable and able to react quickly to a fast moving, ever changing environment.
  • Experience of appointing and managing 3rd part contractors, suppliers, and advisers to deliver required results.
  • Member focused, always striving to improve the experience for all members through own area or working across the business.
  • Process orientated, with the ability to identify and remove waste through applying lean thinking. Has the ability to identify and implement continuous improvement initiatives.
  • Able to work cross-functionally, to bring together all parts of the business to deliver the right outcome for members and PureGym. Specifically working with Finance, Operations, Procurement.
  • Ideally has a passion for, or an interest in, fitness and leisure.
  • Able to travel across the UK and internationally on a regular basis.

PureGym is proud to be an equal opportunities employer. Our company mantra is ‘Everybody Welcome’ and we are dedicated to promoting a diverse and inclusive place to work. From a hiring standpoint, we welcome applicants from all backgrounds and are committed to ensuring that our PureGym colleagues reflect the diversity of the nation as well as our millions of gym members we serve.

Join us on our mission is to bring high quality, affordable fitness to everyone, everywhere.

#J-18808-Ljbffr

Head of Cost Management employer: PureGym Limited

At PureGym, we pride ourselves on being the No.1 gym operator in the UK, offering a vibrant and inclusive work culture where diversity is celebrated. As a Head of Cost Management, you'll benefit from a flexible working environment, comprehensive health benefits, and opportunities for professional growth while contributing to our mission of making fitness accessible to all. With a commitment to continuous improvement and a supportive team atmosphere, PureGym is an excellent employer for those looking to make a meaningful impact in the fitness industry.
P

Contact Detail:

PureGym Limited Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Head of Cost Management

✨Tip Number 1

Familiarise yourself with PureGym's values and culture. Understanding their commitment to diversity and inclusion will help you align your approach during interviews, showcasing how you can contribute to their mission of making fitness accessible for everyone.

✨Tip Number 2

Network with current or former employees of PureGym, especially those in the Group Property Development team. They can provide insights into the company’s expectations and culture, which can be invaluable when preparing for interviews.

✨Tip Number 3

Prepare to discuss your experience with cost management and project delivery in detail. Be ready to share specific examples of how you've successfully managed large budgets and led teams, as this role requires strong leadership and financial acumen.

✨Tip Number 4

Stay updated on industry trends related to property development and cost management. Being knowledgeable about current challenges and innovations in the sector will demonstrate your proactive approach and passion for the role during discussions.

We think you need these skills to ace Head of Cost Management

Cost Management
Project Management
Financial Analysis
Negotiation Skills
Leadership and Team Development
Stakeholder Engagement
Procurement Processes
Risk Management
Value Engineering
Data Analysis
Communication Skills
Continuous Improvement
Commercial Acumen
Problem-Solving Skills
Adaptability

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in cost management, project delivery, and team leadership. Use specific examples that demonstrate your ability to manage large budgets and deliver projects on time.

Craft a Compelling Cover Letter: In your cover letter, express your passion for the fitness industry and how your skills align with PureGym's mission. Mention your experience with multi-site property developments and your approach to continuous improvement.

Highlight Key Achievements: When detailing your work history, focus on quantifiable achievements, such as cost savings you’ve driven or successful project completions. This will showcase your capability to meet the demands of the Head of Cost Management role.

Prepare for Potential Questions: Think about how you would answer questions related to your negotiation skills, leadership style, and experience with managing third-party contractors. Be ready to discuss specific scenarios where you overcame challenges in project management.

How to prepare for a job interview at PureGym Limited

✨Understand the Role Thoroughly

Before the interview, make sure you have a solid grasp of the Head of Cost Management role. Familiarise yourself with the key duties and responsibilities outlined in the job description, especially around cost management and project delivery.

✨Showcase Your Leadership Skills

As this role involves developing and motivating a high-quality team, be prepared to discuss your leadership style. Share examples of how you've successfully led teams in the past, particularly in challenging situations.

✨Prepare for Technical Questions

Expect questions that assess your technical knowledge in quantity surveying or finance. Brush up on your cost management skills and be ready to discuss how you've managed large portfolios and delivered projects on budget.

✨Demonstrate Your Commercial Acumen

Be ready to talk about your experience in evaluating investment decisions and balancing member expectations with financial returns. Use specific examples to illustrate your commercial awareness and decision-making process.

P
Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>