At a Glance
- Tasks: Support budget management and cost performance analysis for HS2 projects.
- Company: Join HS2 Ltd, the UK's innovative high-speed rail network.
- Benefits: Flexible working, personal development opportunities, and a diverse, inclusive culture.
- Why this job: Make a real impact on major infrastructure projects while developing your skills.
- Qualifications: Experience in cost management or project control, with strong analytical skills.
- Other info: Be part of a safety-critical organisation committed to equality and inclusion.
The predicted salary is between 36000 - 60000 £ per year.
HS2 Ltd endeavours to ensure everyone working for us and with us feels included, thrives and achieves their full potential. In practice, this means we are positive and inclusive about making adjustments, providing flexible working, encouraging our staff networks to flourish and providing personal and professional development opportunities.
As a Cost Manager at HS2, you will be responsible for supporting the Head of Cost and Estimating at a Programme and Contract level. This includes supporting the management of budgets, actual costs, forecasts and Earned Value Management (EVM) to support the successful delivery of HS2.
About the role:
- To be accountable for supporting on the analysis and verification of contract level cost performance and ensure the data accurately reflects the current programme performance for onwards reporting.
- To be responsible for supporting on the validation of cost performance data submitted by delivery teams to the programme team as part of communicating overall programme performance.
- To be responsible for assisting with the development of contract level performance reports to communicate current performance to the programme team, including; Earned Value Management (EVM), forecasted costs and Estimate at Completion (EAC) pressures.
- To be responsible for ensuring that the cost performance team are aligned to the current business processes and ways of working from a delivery perspective.
- To be accountable for supporting the Senior Cost Manager to ensure adherence with cost performance processes and procedures across the respective programme and also, for storing and maintaining data and documents accurately within the corporate systems.
- To be accountable for providing technical support to the Project Controls Managers on cost performance and assist in the management of contractor teams to support the successful delivery of the HS2 project.
- To be accountable for working closely with the supply chain to develop a series of defined work-streams to progressively enhance cost performance capabilities within the Phase.
- To be responsible for facilitating continuous improvement of the Cost Performance function within the Phase One programme and ensure that lessons learnt are captured and presented back to the team.
- To be responsible for ensuring that the contract teams are working to the current governance processes and review policies in order to ensure they are in line with strategic business objectives.
- Actively promote and embed Equality Diversity and Inclusion (EDI) in all your work, and support and comply with all organisational initiatives, policies and procedures on EDI.
About You:
- Skills:
- Stakeholder management - ability to manage stakeholders within a matrix environment, including the facilitation of stakeholder meetings and information flow.
- Able to solve problems with attention to detail.
- Communication skills – clear communicator with the ability to deliver clear presentations which engage and influence colleagues and external stakeholders.
- Data analysis – able to analyse and interpret data and produce accurate, timely and informative reports in multiple formats adapted to the needs of the audience.
- Able to use Microsoft applications (e.g. Outlook, Word, Excel, PowerPoint, etc.).
- Knowledge of Project Controls, Commercial and Finance processes and how these operate.
- Knowledge and commercial awareness of multiple construction contract types (including NEC contracts, amendments, early warning notices and the workflows of communications between contractor and client) and their respective benefits to client organisations.
- Knowledge of the core Project Controls disciplines, including; Schedule Management, Change Management and Risk Management.
- Knowledge of baseline development and maintenance of baselines on a major programme.
- Experience in cost management or project control role within a major project.
- Experience in the core project controls functions, including; baseline maintenance, schedule management, cost performance, change management, risk management, performance reporting and document control.
- Experience in managing and producing performance reports that summarise cost performance, including: Budgets, Earned Value Management (EVM) and forecasts on major projects.
- Experienced in the management and use of core cost management systems.
The post-holder is expected to behave at all times in a manner consistent with the HS2 values of Safety, Leadership, Integrity and Respect. It is expected that you will actively promote and embed Equality, Diversity and Inclusion (EDI) in all your work and support and comply with all organisational initiatives, policies and procedures on EDI.
As HS2 Ltd do not hold a sponsorship license from the Home Office, we are not able to provide sponsorship to any applicant. Applicants must already have the Right to Work in the UK at the time of application and our process involves a Right to Work validation prior to the interview stage. Note, there are certain types of time-bound visas that we cannot accept.
Any offers made to applicants will be subject to satisfactory completion of pre-employment checks which include Nationality & Immigration Status, employment references, DBS, Financial and Education checks.
We ask for a variety of detail in your online application, however we perform the first assessment of suitability for a role based solely on the information in your CV. In a further development of our efforts to create a more diverse workforce, your CV will be anonymised and personal information will be removed during the first stage of the application review. This removes bias from the process and makes it even more important that you attach an updated word version of your CV for each new application ensuring you include evidence directly related to the criteria in the job advert.
Any applications received after the closing date will not be considered.
About Us:
High Speed 2 (HS2 Ltd) will be the UK’s new high speed rail network. As well as improving capacity, the new scheme will shorten journey times between a number of Britain’s major population centres, boost the economy and create thousands of jobs. HS2 Ltd will create a skills legacy and develop a diverse range of talent. We aim to be a leader in EDI practice by creating a safe & inclusive working environment for all our staff - living our values of Safety, Respect, Integrity and Leadership.
In practice, this means we are positive and inclusive about making adjustments, providing flexible working, encouraging our staff networks to flourish and providing personal and professional development opportunities. HS2 Ltd is also a safety-critical organisation. Employees are required to ensure reasonable care of their own and others’ health and safety by taking personal responsibility for working to our ‘Safe at Heart’ programme principles and following safe working procedures at all times.
Cost Manager - Systems in Birmingham employer: High Speed Two (HS2)
Contact Detail:
High Speed Two (HS2) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cost Manager - Systems in Birmingham
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching HS2 and understanding their projects. Tailor your answers to show how your skills in cost management and project controls align with their goals. Confidence is key!
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or use online resources to refine your responses. Focus on showcasing your experience with budgets, forecasts, and EVM to impress the interviewers.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, keep your CV updated and tailored for each role to highlight your relevant experience.
We think you need these skills to ace Cost Manager - Systems in Birmingham
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Cost Manager role. Highlight your experience in cost management and project controls, and don’t forget to include specific examples that align with the job description.
Showcase Your Skills: We want to see your skills in action! Use clear examples to demonstrate your stakeholder management, data analysis, and communication skills. This will help us understand how you can contribute to our team.
Be Clear and Concise: When filling out your application, keep it clear and concise. We appreciate straightforward answers that get to the point, especially when it comes to your experience and qualifications.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at High Speed Two (HS2)
✨Know Your Numbers
As a Cost Manager, you'll be dealing with budgets and forecasts, so brush up on your financial knowledge. Be prepared to discuss how you've managed costs in previous roles and provide specific examples of how you’ve used Earned Value Management (EVM) to track project performance.
✨Showcase Your Stakeholder Skills
Stakeholder management is key in this role. Think about times when you've successfully facilitated meetings or communicated complex data to different audiences. Be ready to share these experiences and demonstrate your ability to engage and influence others.
✨Demonstrate Data Savvy
You’ll need to analyse and interpret data effectively. Bring examples of reports you've created that summarise cost performance, and be prepared to explain your process for ensuring accuracy and timeliness in your reporting.
✨Embrace EDI Values
HS2 Ltd places a strong emphasis on Equality, Diversity, and Inclusion. Be sure to express your understanding of these values and how you've promoted them in your previous roles. This will show that you align with the company’s culture and objectives.