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- Tasks: Manage project costs, budgets, and reports while ensuring compliance with governance frameworks.
- Company: Join Red Rock Renewables, a leader in renewable energy projects committed to a sustainable future.
- Benefits: Enjoy competitive salary, bonuses, medical care, hybrid work options, and a supportive team culture.
- Why this job: Be part of a mission-driven team making a real impact on the UK's net zero goals.
- Qualifications: Experience in cost control within energy sectors; relevant degree preferred but not essential.
- Other info: Diversity and inclusivity are key values; we welcome all applicants and support reasonable adjustments.
The predicted salary is between 36000 - 60000 £ per year.
Department: Technical
Location: Edinburgh
Reports to: Senior Project Manager
Employment Type: Permanent
Company Profile
Red Rock Renewables is an investor, owner, operator and developer of renewable energy projects. Based in Edinburgh, Scotland, our growing team are passionate about generating clean energy and supporting the UK and Europe's net zero ambitions. Our current portfolio includes five part or fully owned wind farm projects, each at different lifecycle stages. Our operational wind farms - Afton (100% equity), Beatrice (25%) and Överturingen (50%) - have an installed capacity of 320 MW (RRPL proportion), while our development projects - Benbrack onshore wind farm in the South West of Scotland (100%) and Inch Cape offshore wind farm off the East Coast (50%) - will deliver an additional 570 MW.
We are committed to long term investment in the Scottish and UK market, onshore and offshore wind sectors in particular, and have strong growth ambitions to expand into the wider European market and other sustainable energy technologies. We are actively pursuing acquisition and development opportunities, including the offshore wind leasing rounds. Our Edinburgh headquarters puts us at the heart of the UK industry, while our team's expertise and experience working on some of the world's largest energy infrastructure projects allows us a unique opportunity to consider a variety of different opportunities and we welcome candidates to join us on this journey.
Job Purpose
Ensuring that the project controls team are working in accordance with the RRR Project Governance Framework and associated processes.
Job Description
- Maintain and manage robust cost management frameworks, procedures and tools with responsibility for accurate project cost reporting and analysis.
- Working with the Cost Controller, develop and maintain project budgets and cost reports on behalf of the Project/Package Managers ensuring EAC forecasts are available at a suitable level for each financial month end close, gate review boards, annual budgets and critical project decisions.
- Monitor and control project actuals, value of work done (VOWD), commitments and forecast costs against approved budgets and prepare accurate project reports for review by Cost Controller.
- Assist with the maintenance of a robust change control process within the project and recommend actions accordingly.
- 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 & estimate risk analysis sessions as required.
- Assist in establishing a Fit for Purpose Work Breakdown Structure (WBS) and Cost Breakdown Structure (CBS) for each phase of the project.
Skills
- Essential 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.
- Experience in working with MS Applications.
Knowledge and Experience Required
- Essential Proven track record of working in a cost control position within Small/Mid/Large capital project(s) within offshore wind and/or other energy sectors.
- Significant 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.
- Previous experience providing support to team members.
Desirable
- Demonstrates ability to identify areas for improved efficiency on projects and has previous experience implementing strategies to achieve more efficient working.
Qualifications
- Desirable Relevant degree qualification is preferred but not essential. Candidates with 3 to 5 years experience in a similar role but with lesser qualifications will also be considered.
Core Competencies
- Effective Communication
- Trust & Integrity
- Team Orientated
- Decisive
- Strategic Vision
- Adaptable
- Commercial/Business Awareness
What we offer
A competitive salary and annual bonus along with a range of benefits including, family medical care, holiday purchase scheme, 10% non-contributory pension, life assurance, income protection and electric car scheme. The chance to work amongst a friendly, dedicated, sociable team and benefit from social, health and wellbeing initiatives. We are committed to providing ongoing training opportunities for all staff and invest in allowing you to reach your career goals. Through implementation of our hybrid working policy, we are committed to supporting a positive work-life balance for our employees whilst also maintaining valuable face time in the office. We're committed to achieving an equal gender balance and greater representation of all ethnic groups, both in our company and within the renewables industry. Diversity and inclusivity are central to our strength as a team as well as our culture as a business. We are happy to consider any reasonable adjustments that candidates may need during the recruitment process, and you will be asked whether you require any during your application.
Closing Date: 31/01/2025
Location: Edinburgh
Department: Technical
Country: United Kingdom
Contact Detail:
Red Rock Power Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cost Controller
✨Tip Number 1
Familiarise yourself with the renewable energy sector, particularly offshore wind projects. Understanding the specific challenges and opportunities in this field will help you stand out during discussions.
✨Tip Number 2
Network with professionals in the industry by attending relevant events or joining online forums. Building connections can provide insights into the company culture at Red Rock Renewables and may even lead to referrals.
✨Tip Number 3
Brush up on your Excel and SAP skills, as these are essential for the role. Consider taking a short course or tutorial to enhance your proficiency, which will demonstrate your commitment to the position.
✨Tip Number 4
Prepare to discuss your previous experience in cost control and project management. Be ready to share specific examples of how you've successfully managed budgets and implemented cost-saving strategies in past roles.
We think you need these skills to ace Cost Controller
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in cost control, particularly within the renewable energy sector. Emphasise your skills in project cost management, budgeting, and reporting, as these are crucial for the role.
Craft a Strong Cover Letter: In your cover letter, express your passion for renewable energy and how your background aligns with Red Rock Renewables' mission. Mention specific projects or experiences that demonstrate your ability to manage costs effectively.
Highlight Relevant Skills: Clearly outline your proficiency in Excel and SAP, as well as your experience with MS Applications. Provide examples of how you've used these tools in previous roles to enhance cost management processes.
Showcase Teamwork and Initiative: Since the role requires both teamwork and the ability to work independently, include examples from your past where you successfully collaborated with others and took initiative on projects. This will demonstrate your adaptability and communication skills.
How to prepare for a job interview at Red Rock Power Limited
✨Know Your Numbers
As a Cost Controller, you'll be expected to have a strong grasp of financial metrics. Brush up on your knowledge of cost management frameworks, budgeting, and forecasting techniques. Be prepared to discuss specific examples from your past experience where you successfully managed project costs.
✨Demonstrate Teamwork
This role requires collaboration with various stakeholders. Highlight your ability to work well within a team and provide examples of how you've built relationships in previous roles. Show that you can communicate effectively and support your colleagues in achieving project goals.
✨Familiarise Yourself with Tools
Proficiency in Excel and SAP is essential for this position. Make sure you're comfortable discussing how you've used these tools in your previous roles. If possible, prepare to demonstrate your skills or share specific instances where these tools helped you manage costs effectively.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities, especially regarding cost control and change management. Think of scenarios where you identified inefficiencies or implemented strategies for improved efficiency. Be ready to explain your thought process and the outcomes of your actions.
