Operating Cost and Value Manager

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Job Description

Location: Birmingham

Salary: Depending on skills and experience. In addition, we offer a flexible benefits fund of 20% which is paid on top of the base salary and is fully pensionable, as well as a range of competitive benefits – check them out in the Benefits section on our website.

HS2 Ltd endeavours to ensure everyone working for us and with us feels included, thrives, and achieves their full potential. 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 an Operating Cost and Value Manager at HS2 , you will manage the processes, governance, and provide the capability to successfully manage HS2 Ltd’s Operational Cost Baseline. The role supports the Operating Cost and Value Lead in delivering the strategy for operational cost, managing the models, ensuring changes are correctly reflected and reported. The role acts as a point of contact for engagement with subject matter experts to define and update inputs to the model ensuring its accuracy.

About the role:

• Manages the Operational Cost Baseline (OCB) in line with the Management Plan, ensuring HS2 Ltd can demonstrate it has control of the Operational Cost Baseline.
• Provides support to the Operating Cost and Value Lead in managing the Operational Cost Baseline and associated models.
• Manages the governance process, ensuring that a rigorous change control process is implemented to maintain an accurate baseline, in line with the Management Plan.
• Supports the Operating Cost and Value Lead to manage the Operational Cost Estimate (OCE), to ensure the estimate is effectively managed and maintained.
• Defines accurate reporting management information on the Operational Cost Baseline and Operational Cost Estimate, tracking performance, identifying trends and potential challenges.
• Supports the Operating Cost and Value Lead in developing a proposal for the economic and regulatory regime for HS2 and its future commercial structures.
• Leads the delivery of timely and accurate management reports for senior HS2 Ltd staff and SMEs underpinning effective and timely decision making on future commercial strategy.
• Proactively horizon scans to identify cost pressure challenges and works with SMEs to escalate, track, and resolve any challenges arising.
• Acts as co-ordinator proactively engaging SMEs to input into the OCB models, providing professional advice to SMEs and senior leaders across HS2 Ltd.
• Acts as custodian for the assumption set that underpins the OCB, providing a change control process for assumptions and inputs.
• Engages with HS2 Commercial Analysis team as required to align business case and Operational Cost assumptions.
• Actively promotes and embeds Equality, Diversity, and Inclusion (EDI) in all work, supporting and complying with all organisational initiatives, policies, and procedures on EDI.

About You:

Skills:

• Able to provide inputs to and work with cost and revenue models.
• Undertake robust change control processes for model inputs and assumptions.
• Able to work with subject matter experts to provide timely and robust inputs for the cost models.
• Ability to identify gaps or issues with existing processes or models and propose solutions.
• Ability to understand complex commercial analysis to manage and use economic models.
• Ability to develop reporting tools conveying complex commercial information to a range of stakeholders and audiences.

Knowledge:

• Economic and/or commercial analysis as it relates to project or programme management and planning.
• Operational cost baselines and baseline management and development.
• Knowledge of relevant commercial modelling software, models, and techniques.
• Knowledge of governance processes.

Type of experience:

• Working with complex cost models in a public sector, project, or rail context.
• Experience developing or working with complex analysis to drive outcomes in a project or programme environment.
• Experience of managing governance and/or change control processes in a multi-stakeholder environment.

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.

HS2 Ltd endeavours to ensure everyone working for us and with us feels included, thrives, and achieves their full potential.

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