Cost Intelligence Specialist
Cost Intelligence Specialist

Cost Intelligence Specialist

Glasgow Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Analyse financial data and optimise project costs for major infrastructure programmes.
  • Company: Join Stantec, a leading firm dedicated to sustainable community development.
  • Benefits: Enjoy hybrid working, competitive salary, and opportunities for professional growth.
  • Why this job: Make a real impact on the environment while developing your career in cost intelligence.
  • Qualifications: Experience in cost analysis and strong skills in data tools like Excel or SQL.
  • Other info: Be part of a passionate team committed to delivering quality services.

The predicted salary is between 36000 - 60000 £ per year.

The Opportunity Our continued success in delivering for many of the UK\’s leading utility providers and major infrastructure developers is bringing significant growth across our team. If you care about your community and want to be involved in delivering improvements to the environment and infrastructure, then you may well be interested in the opportunities that we have coming up for Cost Intelligence Specialists within our Programme Management and Commercial Management team. These roles can be based from any of our UK offices, with hybrid working allowing for a mix of home and in-office working. As a Cost Intelligence Specialist within our Programme Management & Commercial Management (PMCM) team you will work across major programmes with clients in the water and energy sectors, focusing on optimising the financial performance of major projects and programmes.Role In the role of Cost Intelligence Specialist you will work closely with clients and other stakeholders to help deliver complex capital delivery programmes. This is a varied role and some of the tasks you will take a lead on include:Data Analysis: collecting, analysing, and interpreting financial data to identify trends and variances. This process helps uncover opportunities for cost reduction and improves overall financial efficiency.Cost Modelling: Developing and maintaining cost models involves creating detailed frameworks to forecast costs at both the asset and component levels. These models help in predicting future expenses accurately, ensuring better financial planning and resource allocation.Estimating: The use of top-down estimating tools allows for broad, high-level cost predictions. Additionally, the ability to build estimates from the bottom up using a blend of quotations and rates provides detailed and accurate cost assessments.Cost Challenge: To determine efficiencies, it\’s essential to analyse and optimise processes, civil engineering, Mechanical, Electrical, Instrumentation, Control, and Automation (MEICA) design. Additionally, evaluating construction methodologies and program allowances can help identify areas for improvement and cost savings.Reporting: Prepare comprehensive reports and dashboards that clearly present findings and recommendations to stakeholders. This ensures that the information is not only clear but also provides actionable insights for informed decision-making.Risk and Dispute Management: Conduct risk assessments, develop mitigation strategies, and prepare materials for negotiations to support stakeholder engagement and informed decision-making. You handle claims and disputes efficiently, optimising revenue by resolving issues promptly and effectively.As a senior member of our team, you will be committed to the professional development of other team members – providing guidance and mentorship to help them grow and develop their careers.Our Team As a member of our Programme Management and Commercial Management team, you will be joining a community of people that are passionate about providing a quality service to our clients and the customers they serve. Our roles can vary between clients, and as such we are looking for people that can:Adapt to the challenge of working in different environments.Be proactive in providing tailor-made programme management solutions.Work within collaborative teams to deliver outstanding results.About You You will have experience of taking a lead role in delivering complex commercial programs and leading on cost intelligence initiatives that uncover opportunities for cost reduction and overall financial efficiency. You will have key strengths in the areas of cost modelling, estimating and cost challenge.You will have prior experience within engineering, operations, cost analysis, financial modelling, or within similar roles, and have strong proficiency in data analysis tools, such as Excel, SQL, or Tableau.Whilst not essential, experience within the water, energy, or related utility sectors, would be very advantageous.About Stantec The Stantec community unites more than 34,000 employees working in over 450 locations across 6 continents. We have been working with our clients and communities in the UK for over 150 years. We plan, design, deliver and manage the development and infrastructure needed to support the creation of sustainable, healthy and prosperous communities.Our teams provide effective and relevant solutions, translating our clients\’ vision into valued consents, deliverable plans for projects and programmes, and efficient designs for delivery, based on technical excellence and deep market insights. We deal with today\’s challenges, but also keep a fairer, better tomorrow in sight, looking at how we deliver clean growth, support radical changes in our economy and meet the needs of future communities.Stantec provides equal employment opportunities to all qualified employees and applicants for future and current employment and prohibit discrimination on the grounds of race, colour, religion, sex, national origin, age, marital status, genetic information, disability, sexual orientation, gender identity or gender expression. We prohibit discrimination in decisions concerning recruitment, hiring, referral, promotion, compensation, fringe benefits, job training, terminations or any other condition of employment. Stantec is in compliance with laws and regulations and ensures equitable opportunities in all aspects of employment.Building an inspired, inclusive work environment that attracts, supports, and develops world-class talent is a crucial key to our success. If you are excited by this role but worry that your experience doesn\’t exactly align, we encourage you to apply.At Stantec we want you to perform your best at every stage of the recruitment process and are committed to ensuring it is accessible to all. If you need any support or require adjustments to be made then please contact [email protected] and we will talk to you about how we can support you.Seniority level Mid-Senior levelEmployment type Full-timeJob function Other, Information Technology, and ManagementIndustries Business Consulting and Services

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Cost Intelligence Specialist employer: Stantec

Stantec is an exceptional employer that fosters a collaborative and inclusive work culture, where employees are encouraged to grow and develop their skills. With a commitment to professional development and mentorship, particularly for roles like the Cost Intelligence Specialist, Stantec offers meaningful opportunities to contribute to sustainable community projects while enjoying the flexibility of hybrid working arrangements across its UK offices. Join a passionate team dedicated to delivering impactful solutions in the water and energy sectors, and be part of a company that values your contributions and supports your career aspirations.
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Contact Detail:

Stantec Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Cost Intelligence Specialist

✨Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect with potential colleagues on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

✨Tip Number 2

Prepare for interviews by researching the company and its projects. Understand their values and how your skills as a Cost Intelligence Specialist can contribute to their goals. Tailor your responses to show you're the perfect fit!

✨Tip Number 3

Practice makes perfect! Conduct mock interviews with friends or mentors to refine your answers and boost your confidence. Focus on articulating your experience in data analysis, cost modelling, and financial efficiency.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining our team at Stantec and contributing to meaningful projects.

We think you need these skills to ace Cost Intelligence Specialist

Data Analysis
Cost Modelling
Estimating
Cost Challenge
Reporting
Risk Management
Dispute Management
Financial Efficiency
Proficiency in Excel
Proficiency in SQL
Proficiency in Tableau
Adaptability
Collaboration
Mentorship

Some tips for your application 🫡

Tailor Your CV: Make sure your CV speaks directly to the role of Cost Intelligence Specialist. Highlight your experience in data analysis, cost modelling, and any relevant projects you've worked on. We want to see how your skills align with what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about improving infrastructure and how your background makes you a great fit for our team. Keep it engaging and personal – we love to see your personality come through.

Showcase Relevant Experience: When detailing your work history, focus on roles that involved cost intelligence initiatives or similar responsibilities. Be specific about your achievements and how they contributed to financial efficiency. We’re keen to see your impact!

Apply Through Our Website: We encourage you to apply directly through our website for the best chance of getting noticed. It’s super easy and ensures your application goes straight to the right people. Plus, we can’t wait to see what you bring to the table!

How to prepare for a job interview at Stantec

✨Know Your Numbers

As a Cost Intelligence Specialist, you'll be dealing with financial data all the time. Brush up on your data analysis skills and be ready to discuss how you've used tools like Excel, SQL, or Tableau in past roles. Prepare examples of how your analysis led to cost reductions or improved financial efficiency.

✨Master Cost Modelling

Get familiar with cost modelling techniques before your interview. Be prepared to explain how you develop and maintain cost models, and share any specific frameworks you've created. This will show that you understand the importance of accurate forecasting in project management.

✨Showcase Your Problem-Solving Skills

The role involves optimising processes and identifying efficiencies. Think of a time when you faced a challenge in a project and how you approached it. Be ready to discuss your thought process and the outcomes, as this will demonstrate your ability to tackle complex issues.

✨Prepare for Stakeholder Engagement

Since you'll be working closely with clients and stakeholders, practice how you would present your findings and recommendations. Consider preparing a mock report or dashboard to showcase your communication skills and ability to provide actionable insights during the interview.

Cost Intelligence Specialist
Stantec
Location: Glasgow
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  • Cost Intelligence Specialist

    Glasgow
    Full-Time
    36000 - 60000 £ / year (est.)
  • S

    Stantec

    1000+
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