Cost Controller

Inch Cape Offshore Wind Farm is a 1080MW project situated 15km from the Angus coast in the North Sea. The power it generates will be transmitted 85 kilometres to a new substation at Cockenzie, in East Lothian, from where it will enter the national transmission system. Inch Cape is a more than £3 billion infrastructure project that will make a significant contribution to the UK’s carbon emissions reduction targets. Once complete its 72 turbines will generate enough electricity to power almost half the homes in Scotland.

Summary of Assignment: Implementing the cost control framework for ICOL ensuring that costs are monitored and reported accurately and timely and are in accordance with the ICOL’s Project Governance Framework and associated processes.

Travels required: Mainly WFH with some travels to the Edinburgh office for meetings as required (around 2-3 days a month).

Main office: Ground Floor New Clarendon 114-116 George Street EH2 4LH, Edinburgh.

Working hours: Flexible times - Monday to Friday - 7.5h a day (normally between 8am and 6pm).

Responsibilities:

• Deliver, maintain, and manage robust cost management frameworks, procedures, and tools with responsibility for accurate project cost reporting and analysis.
• Develop and maintain project budgets and cost reports on behalf of the Project/Package Managers ensuring EAC (Estimate at Completion) forecasts are available at a suitable level for each financial month end, board meetings, and lenders construction reports.
• Monitor and control project actuals, value of work done (VOWD), commitments and forecast costs against approved budgets and prepare accurate project reports for senior management.
• Responsible for maintaining a robust change control process within the project and recommend actions accordingly.
• Support package managers in variation orders (VOs) process and drawdowns from project contingency funds.
• Liaise with Planning to ensure accurate and timely control and forecasting of budgets and ensure that the impact of all change requests is properly assessed and included in the schedule.
• Supervise and monitor monthly cost reports from project contractors and/or consultants ensuring timely and accurate accrual submissions to finance.
• Support finance in validating monthly invoice/billing requests from contractors and/or consultants are correct and in-line with approved budget and any variations challenged.
• Participate in cost and estimate risk analysis sessions as required.
• Work closely with the Finance Team.

Skills:

• Demonstrates a driven and motivated perspective to personal career development.
• Ability to work well within a team and also pro-actively under own initiative with minimum supervision.
• Excellent communication skills and ability to build, maintain and strengthen relationships with colleagues.
• Proficient with Excel and SAP.

Knowledge:

• Proven track record of working as a cost control professional on Small/Mid/Large capital projects within offshore wind and/or other energy sectors.
• Experience in project cost management - cost estimating, cost budgeting, change control, commitments, VOWD, cost forecasting, progress reporting, WBS structures etc. in a project development, engineering or construction environment.
• Power BI tools.
• Demonstrates ability to identify areas for improved efficiency on projects and has previous experience implementing strategies to achieve more efficient working.

Qualifications:

• Relevant degree qualification is preferred but not essential.
• Candidates with 2 to 3 years' experience in a similar role.