At a Glance
- Tasks: Lead cost estimation and financial planning for complex construction projects.
- Company: Join a dynamic team in a hybrid role at our Mansfield office.
- Benefits: Enjoy competitive pay, flexible working, and opportunities for professional growth.
- Other info: Collaborate with diverse teams and develop valuable industry relationships.
- Why this job: Make a real impact by ensuring projects stay on budget and succeed.
- Qualifications: Experience in cost management and strong analytical skills required.
The predicted salary is between 56250 - 68750 £ per year.
Role
Cost Manager Contract: Until end of Jan 2027 Location: Mansfield office at least 2 days a week / Hybrid role IR35: Inside
Job Description Provide costing support to programme and project managers by leading project cost estimation on complex construction operational projects, so that project cost remains within tolerances and programme budgets are controlled.
Project cost monitoring and financial planning at project level and work with risk manager to ensure risks are appropriately costed and optimism bias is applied and resolve cost related issues in a timely manner.
Provide advice and support to project manager on forecasting compensation events & early warning across the life of the project.
Support project manager to keep project within cost tolerances including remedial works e. g. fencing at short notice.
The Environment Programme Delivery Office (EPDO) Cost Estimation and Quantity Surveyor is responsible for overseeing and supporting project managers to undertake cost management, budget control, and financial planning across EPDO projects and programmes.
This role ensures the effective estimation, forecasting, and monitoring of costs to enable sustainable delivery of programmes and projects.
Therefore, the role involves working closely with programme and project managers, procurement colleagues and contractors across the project lifecycle as well as build relationships with key strategic partners to facilitate the delivery of cost-effective solutions.
Cost Estimation & Budgeting Support programme and project managers to enable efficient planning and delivery.
Collaborate with the EPDO Performance and Reporting Manager and Programme / Project managers to derive financial data and perform analysis and reviews, in support of business planning, funding proposals and audits as required.
Monitor and report on financial performance, including budget variances and forecasts.
Collaborate with all stakeholders to assess contractual and financial implications.
Support risk management by incorporating financial risk assessments.
Develop financial tracking systems to optimise budget management.
Undertake Bill of Quantities (Bo Q).
Procurement & Contract Management Support programme / project managers in procurement processes, including tendering, bid evaluation, and contract negotiations.
Provide guidance on contractual terms, risks, and financial considerations.
Oversee contract performance to ensure compliance with agreements and policies.
Cost Monitoring & Financial Reporting Support project and programme managers in providing assurance in tracking expenditures to ensure budget alignment.
Conduct financial analysis, risk assessments, and forecasting.
Provide regular financial reports and insights to senior management and stakeholders.
Ensure compliance with funding requirements, regulations, and organisational commitments.
Risk & Value Management Identify cost risks and opportunities within projects in collaboration with project / programme managers.
Conduct assessments to optimise cost efficiency while meeting project objectives.
Develop and implement contingency plans and risk mitigation strategies.
Stakeholder & Compliance Engagement Collaborate with cross-functional teams to implement cost-effective solutions.
Ensure financial compliance with policies, frameworks, and regulatory standards.
Engage with stakeholders to meet financial and reporting obligations.
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Cost Manager employer: INDOTRONIX AVANI UK, LTD
Join a leading aerospace and defence company in Bristol or Yeovil, where you will be part of a dynamic team dedicated to engineering excellence and innovation. With a strong focus on employee development, our collaborative work culture fosters continuous improvement and offers opportunities for professional growth within the engineering domain. Enjoy the benefits of hybrid working arrangements and contribute to impactful projects that ensure safety and compliance across various engineering processes.
