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- Tasks: Join us as a Cost Consultant, delivering impactful cost estimates and engineering support for defence projects.
- Company: Be part of a rapidly growing consultancy with experienced leaders in UK Defence.
- Benefits: Enjoy a competitive salary, 25 days holiday, hybrid working, and a 7% pension.
- Why this job: Make a difference in defence while developing your skills in a supportive environment.
- Qualifications: Bring your knowledge of cost estimation, risk analysis, and strong analytical skills.
- Other info: Ideal for those eager to grow in a dynamic team and contribute to exciting projects.
The predicted salary is between 40000 - 65000 £ per year.
Cost Consultant / Cost Modeller / Cost Estimator – MOD, Defence, NATO, Nuclear sectors
Salary: £40,000 to £65,000 according to level of experience plus 7% pension, life assurance, 25 days holiday
Location: Portsmouth, Bristol, Chippenham locations / hybrid working (a mix of home working, client sites and the office)
Our client has a significant capability undertaking cost and risk related studies. Staff have developed whole life cost models and generated estimates for air, land, sea, space and joint systems, platforms and infrastructure for the UK MoD, NATO, other defence organisations and industry. These whole life cost estimates have been used to support Investment Appraisals, Combined Operational Effectiveness and Investment Appraisals and successful Business Cases.
As a Cost Engineering Consultant, you will be providing the cost estimates and engineering support to help the UK MOD and industry make better decisions. This may be working autonomously within customer teams to support business cases with analytical thinking and outcomes, estimating of procurement and in-service costs, or leading workshops with customers and Subject Matter Experts to improve accuracy and understanding of project costs.
Responsibilities for the Cost Consultant / Cost Modeller / Cost Estimator Consultant will include:
- Delivering technical consulting projects.
- Assisting in identifying and winning work for a new and growing consultancy.
- Building new relationships and maintaining the relationships we have with our current customers.
- Using and developing problem structuring methods and a variety of tools and techniques, including novel approaches where required.
- Support the project teams through review of plans and proposals ensuring value for money and ensuring delivery of plans is as required.
- Working organically in customer teams to deliver rapid turn-around analysis.
Skills & Qualifications required for the role of Cost Modeller / Cost Consultant:
Essential Requirements:
- Knowledge of Investment Appraisals, Trade Studies, Business Cases, and Cost Benefit Analysis to support stage gate approvals.
- Good knowledge of statistics in support of parametric modelling, sampling and risk assessment.
- Independent Cost Estimating. Experience in methods of estimating including; detailed, comparative and parametric techniques in support of both hardware and software systems acquisitions and through life support.
- Understanding and developing cost estimates that take account of; development, manufacture and support environments; allowances; overheads; profit, Government Furnished Assets & Resources, historical costs, and Estimating Maturity Assessment levels.
- Cost Model Development. Development of robust cost models that satisfy independent Verification & Validation scrutiny.
- Cost / Schedule Risk Analysis. Knowledge of quantitative assessment of uncertainty, cost and schedule risk assessment.
- Independent Verification and Validation audit against 3rd party supplied cost models.
- Knowledge of Earned Value Management. Understand the techniques and formulas used to create EV outputs. Have experience in managing data and processing the outcomes to deliver analysis of results.
- Using logical and analytical thinking to solve complex problems for the client. Strives to deliver ahead of targets.
- Working in a client’s team to influence strategic decision makers whilst delivering practical solutions.
- Be a trusted individual who can perform when working as part of a team or when acting independently with support from colleagues.
- Be articulate with good presentation and written communication skills.
- Be a member of an appropriate professional body (such as ICEAA, ACostE) and have a desire for further professional development.
- Be dependable, committed and have a genuine enthusiasm to contribute to the growth of a new business.
Preferred Requirements
- Knowledge of and application of Visual Basic.
- Experience as a cost engineering consultant in DE&S, CAAS, wider MOD or public sector project environment.
- Application of Risk tools such as @Risk.
Other Requirements
- Candidates must have an existing right to live and work in the UK.
- Candidates will need to undergo an internal BPSS check prior to gaining site access.
- Candidates will also need to either hold a current SC clearance or DV Clearance or be willing and eligible to undergo a Security Clearance check (SC level) upon starting their employment with the company. To gain SC clearance you will normally need at least 5 years’ UK residency.
Our client is a small but rapidly growing consultancy, owned by highly experienced and recognised practitioners in UK Defence consultancy. They are looking for candidates with a mix of technical expertise and interpersonal skills, able to work independently or in small teams. They are looking for candidates who are able to help the company grow and can offer exciting opportunities for those with the drive to develop their own skills and those of the company. They offer competitive salaries and packages, and the opportunity for rapid advancement for the right candidates.
Keywords: Cost Estimates, MOD, defence, EVM, Earned Value Management, Cost Model Development, ICEAA, ACostE, Risk Management, @Risk, Risk Analysis, Statistics, Modelling, Cost Models, Cost Modelling, NATO, Nuclear, MOD CAAS
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Cost Consultant employer: Gregory-Martin International
Contact Detail:
Gregory-Martin International Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cost Consultant
✨Tip Number 1
Familiarise yourself with the specific methodologies and tools mentioned in the job description, such as Earned Value Management and parametric modelling. Being able to discuss these concepts confidently during your interview will demonstrate your expertise and readiness for the role.
✨Tip Number 2
Network with professionals in the defence sector, particularly those who have experience with the MOD or NATO projects. Engaging in conversations with them can provide valuable insights and potentially lead to referrals that could strengthen your application.
✨Tip Number 3
Showcase your analytical thinking skills by preparing examples of how you've solved complex problems in previous roles. Be ready to discuss these scenarios in detail, as they will highlight your ability to deliver practical solutions in a client-focused environment.
✨Tip Number 4
Research our company and its growth trajectory within the consultancy space. Understanding our mission and values will allow you to tailor your conversation during the interview, showing that you're genuinely interested in contributing to our success.
We think you need these skills to ace Cost Consultant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in cost estimation, risk analysis, and any specific methodologies mentioned in the job description. Use keywords like 'Investment Appraisals' and 'Cost Model Development' to align with the role.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention specific projects or experiences that demonstrate your ability to deliver technical consulting projects and build relationships with clients.
Showcase Your Skills: Clearly outline your skills related to cost modelling, statistical analysis, and project management. Provide examples of how you've used these skills in previous roles to support decision-making processes.
Highlight Professional Development: Mention any memberships in professional bodies like ICEAA or ACostE, and express your commitment to further professional development. This shows your dedication to the field and aligns with the company's values.
How to prepare for a job interview at Gregory-Martin International
✨Understand the Role Thoroughly
Before the interview, make sure you have a solid grasp of what a Cost Consultant does, especially in the context of the MOD and defence sectors. Familiarise yourself with key concepts like Investment Appraisals and Cost Benefit Analysis, as these will likely come up during your discussion.
✨Showcase Your Analytical Skills
Be prepared to discuss specific examples where you've used analytical thinking to solve complex problems. Highlight any experience you have with cost modelling or risk assessment, as this is crucial for the role.
✨Demonstrate Interpersonal Skills
Since building relationships with clients is a key part of the job, be ready to talk about your experience working in teams and how you've influenced decision-makers in previous roles. Good communication skills are essential, so practice articulating your thoughts clearly.
✨Prepare Questions for Them
Interviews are a two-way street. Prepare insightful questions about the company's growth plans, their approach to cost modelling, or how they support professional development. This shows your genuine interest in the role and the company.
