Cost Lead - Energy & Utilities

Cost Lead - Energy & Utilities

Full-Time 48600 - 59400 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Lead cost management and control for exciting energy and utilities projects.
  • Company: Join Mace, a forward-thinking construction and consultancy firm.
  • Benefits: Flexible working options, competitive salary, and a focus on wellbeing.
  • Other info: Inclusive workplace with opportunities for continuous improvement and growth.
  • Why this job: Make a real impact in the energy sector while developing your career.
  • Qualifications: Experience in project delivery and strong financial acumen required.

The predicted salary is between 48600 - 59400 £ per year.

Mace combines construction expertise with consultancy to unlock potential in every person or project and redefine the boundaries of ambition. Our values shape the way we consult and define the people we want to join us on our journey.

Please note: The candidate must have a right to work in the UK without Visa sponsorship and is expected to be on site or in office 2-3 days a week in London or Warwick.

You’ll be responsible for:

  • Cost leadership: Managing cost engineering and cost control activities, ensuring consistent application of project governance, processes and standards.
  • Estimating and forecasting: Develop and maintain accurate cost estimates, budgets, forecasts and cash-flow profiles aligned with project scope and schedule.
  • Cost performance: Monitor actual costs, commitments and accruals against the approved baseline, providing variance, trend and root cause analysis.
  • Reporting: Produce timely and accurate cost reports and performance updates for project teams, leadership and key stakeholders.
  • Integrated controls: Ensure effective alignment between the Work Breakdown Structure, Cost Breakdown Structure, schedule and cost management systems.
  • Earned value management: Support the implementation of Earned Value Management to assess and communicate project cost and schedule performance.
  • Risk and contingency: Work with the Risk team to identify cost risks and opportunities, interpret Quantitative Cost Risk Analysis outputs and maintain appropriate contingency forecasts.
  • Change control: Lead cost impact assessments for proposed changes, including funding requests, baseline updates, contingency drawdowns and revised forecasts.
  • Baseline management: Provide cost leadership and assurance during project baseline development and re-baselining activities.
  • Systems and data: Maintain project information within approved cost management systems, ensuring accuracy, traceability and a complete audit trail.
  • Governance and assurance: Investigate cost anomalies or process gaps and ensure procedures, templates and records remain accurate and compliant.
  • Stakeholder management: Provide specialist advice, challenge and guidance to Project Managers, delivery teams and internal and external stakeholders.
  • Continuous improvement: Improve and automate cost management and reporting processes, reducing reliance on manual spreadsheets where appropriate.

You’ll need to have:

  • Membership of RICS, CIOB, APM, ICE or equivalent demonstrable professional or personal development.
  • Extensive experience in the successful delivery phase of projects and programmes in a regulated infrastructure environment ideally Energy and Utilities.
  • Deep property or infrastructure project management expertise.
  • Strong commercial and financial acumen.
  • Leadership and management experience of large, diverse teams.
  • Experience of managing relationships with key senior stakeholders.
  • Knowledge of how carbon and sustainability considerations will shape the outlook of the projects you are working on.

Our values:

  • Safety first - Going home safe and well: We champion a safe, diverse and inclusive working environment, understanding the importance of wellbeing in every team.
  • Client focus - Deliver on our promise: We own the quality of deliverables, strategic outcomes and build long term relationships with our clients.
  • Integrity - Always do the right thing: We influence positive outcomes within our industry, while always aligning with our compliance obligations.
  • Create opportunity - For our people to excel: We champion a continuous improvement culture throughout all activities, inspiring our people and teams to develop.

Mace is an inclusive employer and welcomes interest from a diverse range of candidates. Even if you feel you do not fulfil all the criteria, please apply as you may still be the best candidate for this role or another role within our organisation. We are also open to discussing part time, flexible, and hybrid working options if suitable within the role.

Cost Lead - Energy & Utilities employer: Mace

Mace is an exceptional employer that champions a flexible and hybrid work culture, allowing you to balance your professional and personal life effectively. With a strong commitment to employee growth, we offer extensive training and development opportunities, particularly in the dynamic UK water sector, where you can make a meaningful impact on net-zero objectives while working alongside industry leaders.

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Contact Details:

Mace Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Cost Lead - Energy & Utilities

Join Construction Networks

Get yourself involved in local construction networks or industry events. They often have job boards, and networking can lead to unadvertised positions. Plus, it’s a great way to meet potential future colleagues!

Show Off Your Skills on Site

If you’ve done any hands-on work, whether it's through internships or personal projects, make sure you can showcase it. Consider volunteering for local construction projects or getting involved in community build days; it’s a solid way to demonstrate your skills and build connections.

Utilise Construction Job Sites

Don't just rely on the big job boards. Look at niche construction job sites—many companies prioritise these for full-time roles. Apply through these sites, but don’t forget to reach out directly to companies you admire, like Mace, to express your interest!

Tailor Your Application for Full-Time Roles

Make your application stand out by tailoring it specifically for full-time positions. Highlight how your previous projects align with the company's work. At StudySmarter, we encourage you to demonstrate your commitment and long-term interest in the industry when applying for roles like Cost Lead - Energy & Utilities at Mace.

We think you need these skills to ace Cost Lead - Energy & Utilities

Cost Engineering
Cost Control
Estimating and Forecasting
Cost Performance Monitoring
Reporting
Integrated Controls
Earned Value Management

Some tips for your application 🫡

Showcase Your Relevant Experience:In the construction industry, it's essential to highlight any hands-on experience you have. Whether it’s past projects you've worked on or specific roles you've held, make sure your CV emphasises your practical skills and contributions to construction sites.

Include Certifications and Qualifications:Don’t forget to list any certifications relevant to construction, like CSCS cards or other safety qualifications. These can really set you apart from other candidates and show that you’re serious about health and safety on-site.

Tailor Your Cover Letter to Construction:When writing your cover letter for a construction role, focus on your problem-solving capabilities and teamwork. Construction relies heavily on collaboration, so mention how you’ve worked successfully with others to complete projects on time and within budget.

Adapt Your CV Format to the Field:Ensure your CV is clear and easy to read, with sections dedicated to skills such as project management, technical abilities, and site supervision. Construction roles often require a blend of technical know-how and soft skills, so make sure both are highlighted effectively.

How to prepare for a job interview at Mace

Brush Up on Technical Knowledge

For a construction role, it's crucial we have a solid grasp of industry standards, safety protocols, and specific tools used on-site. Make sure you're familiar with relevant regulations and can talk confidently about them, as these often come up in interviews.

Showcase Your Projects

Since this is a full-time position, be ready to discuss any previous construction projects you've worked on. Bring a portfolio or have detailed descriptions that highlight your role, the challenges you faced, and how you overcame them—this’ll show you’re not just book-smart but also practically savvy.

Understand the Team Dynamics

Construction is all about teamwork, so prepare to discuss how you interact with different stakeholders like architects, engineers, and contractors. Maybe think of examples from past experiences to illustrate your ability to communicate and collaborate effectively.

Prepare for On-the-Spot Problem Solving

Be ready for some practical questions or scenarios where you'll need to demonstrate your problem-solving skills. Interviewers might present you with a hypothetical construction issue to solve, so practice articulating your thought process clearly and logically—this could really set you apart!