Project Cost Control in Methil

Navantia UK is a new force in British industry, supporting the UK’s defence, security and energy transition ambitions. We’re doing this by creating state‑of‑the‑art sovereign defence capabilities, investing in the UK to modernise industrial facilities, and bolstering the nation’s energy security. Established in 2022, Navantia UK is a subsidiary of Navantia SA, a Spanish state‑owned company with over 300 years of naval shipbuilding history. In January 2025, Navantia UK completed the acquisition of Harland & Wolff and its four historic facilities in Belfast, Appledore, Methil, and Arnish. By combining Harland & Wolff’s proud heritage and facilities with Navantia’s global expertise, Navantia UK is well‑positioned to strengthen Britain’s defence, maritime and energy industrial capabilities, supporting jobs and economic growth across the UK.

The Project Cost Controls professional is responsible for planning, monitoring, analysing, and reporting project costs to ensure projects are delivered within approved budgets. The role requires hands‑on experience in Work Breakdown Structure (WBS) and/or SAP to manage cost tracking, forecasting, and financial reporting across the project lifecycle.

• Develop and maintain project budgets aligned with approved scope and WBS
• Establish cost control structures using WBS and cost codes
• Support project baseline creation and budget revisions
• Track actual costs against budget and forecast using SAP or WBS‑based systems
• Identify cost variances, trends, and potential overruns
• Prepare cost forecasts, cash flow projections, and estimate‑at‑completion (EAC)
• Prepare weekly and monthly cost reports for project stakeholders
• Analyse cost performance and provide corrective action recommendations
• Support earned value management (EVM) where applicable
• Maintain accurate cost data within SAP (CO, PS, or related modules) or WBS tools
• Ensure correct cost allocation, commitments, accruals, and change impact

Qualifications

• Bachelor’s degree in engineering, Finance, Accounting, Quantity Surveying, or a related field
• Typically requires an undergraduate degree and broad experience or equivalent.

Knowledge, Skills and Abilities

• Experience in Project Cost Controls or Project Controls
• Proven experience with WBS‑based cost control and/or SAP (Project Systems / Controlling)
• Experience in budget tracking, forecasting, and cost variance analysis
• Strong knowledge of:
• Work Breakdown Structures (WBS)
• Cost codes and budget controls
• Forecasting and cash flow analysis
• Hands‑on experience with:
• SAP and/or cost control systems
• MS Excel (advanced level); Power BI or similar tools are an advantage

Additional Information

Why Join Us?

• The chance to work on complex, cutting‑edge naval projects
• Company pension
• Learning & development opportunities to keep building your career.
• A collaborative and supportive working environment.

Equal Opportunity: We are dedicated to fostering an inclusive and diverse workplace. To ensure equal opportunities for all candidates, we commit to a fair and unbiased recruitment process at every stage. This includes ensuring hiring managers are aware of legislation, providing reasonable accommodations for candidates with disabilities, and actively seeking to eliminate any form of discrimination based on race, gender, age, religion, sexual orientation or any other protected characteristic. Our goal is to create a recruitment environment where every candidate feels valued and has an equal chance to succeed.