At a Glance
- Tasks: Analyse financial data, develop cost models, and optimise processes for major infrastructure projects.
- Company: Join Stantec, a leading firm dedicated to sustainable community development.
- Benefits: Hybrid working, professional growth opportunities, and a supportive team environment.
- Why this job: Make a real impact on your community while developing your skills in a dynamic role.
- Qualifications: Experience in cost analysis, data tools like Excel or SQL, and a passion for efficiency.
- Other info: Be part of a diverse team committed to innovation and excellence.
The predicted salary is between 36000 - 60000 ÂŁ per year.
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 be interested in the opportunities that we have for Cost Intelligence Specialists within our Programme Management and Commercial Management (PMCM) team.
These roles can be based from any of our UK offices, with hybrid working allowing for a mix of home and inâoffice working.
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 topâdown estimating tools allows for broad, highâlevel 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. 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, ensuring actionable insights.
- Risk and Dispute Management: Conduct risk assessments, develop mitigation strategies, and prepare materials for negotiations to support stakeholder engagement and informed decisionâmaking. 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 â providing guidance and mentorship to help them grow and develop their careers.
As a member of the Programme Management and Commercial Management team, you will join a community of people passionate about providing quality service to our clients and the customers they serve. Our roles can vary between clients, and we are looking for people who can:
- Adapt to the challenge of working in different environments.
- Be proactive in providing tailorâmade programme management solutions.
- Work within collaborative teams to deliver outstanding results.
You will have experience of taking a lead role in delivering complex commercial programmes and leading on cost intelligence initiatives that uncover opportunities for cost reduction and overall financial efficiency. You will have key strengths in cost modelling, estimating and cost challenge.
You will have prior experience within engineering, operations, cost analysis, financial modelling, or similar roles, and strong proficiency in data analysis tools, such as Excel, SQL, or Tableau. While not essential, experience within the water, energy, or related utility sectors would be very advantageous.
The Stantec community unites more than 34,000 employees working in over 450 locations across 6 continents. We have worked with our clients and communities in the UK for over 150 years. We plan, design, deliver and manage the infrastructure needed to support sustainable, healthy and prosperous communities.
Stantec provides equal employment opportunities to all qualified employees and applicants for current and future employment and prohibits 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.
Building an inspired, inclusive work environment that attracts, supports and develops worldâclass talent is a crucial key to our success. If you are excited by this role but worry that your experience doesnât 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, please contact [email protected] and we will talk to you about how we can support you.
Cost Intelligence Specialist employer: Stantec
Contact Detail:
Stantec Recruiting Team
StudySmarter Expert Advice đ€«
We think this is how you could land Cost Intelligence Specialist
âšTip 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.
âšTip Number 2
Prepare for interviews by researching Stantec and understanding their projects. Tailor your answers to show how your skills in cost modelling and data analysis can directly benefit their team. Confidence is key!
âšTip Number 3
Practice makes perfect! Conduct mock interviews with friends or family to get comfortable discussing your experience and how it relates to the role of Cost Intelligence Specialist. The more you practice, the more natural it will feel.
âšTip Number 4
Donât forget to apply through our website! Itâs the best way to ensure your application gets seen by the right people. Plus, it shows youâre genuinely interested in joining the Stantec community.
We think you need these skills to ace Cost Intelligence Specialist
Some tips for your application đ«Ą
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Cost Intelligence Specialist role. Highlight your data analysis, cost modelling, and estimating experience to show us youâre the right fit!
Craft a Compelling Cover Letter: Use your cover letter to tell us why youâre passionate about improving infrastructure and how your background makes you a great candidate. Be genuine and let your personality shine through!
Showcase Relevant Experience: When detailing your past roles, focus on specific projects or tasks that demonstrate your expertise in cost intelligence initiatives. We want to see how youâve made an impact in previous positions!
Apply Through Our Website: We encourage you to apply directly through our website for the best chance of getting noticed. Itâs the easiest way for us to keep track of your application and ensure it reaches the right people!
How to prepare for a job interview at Stantec
âšKnow Your Numbers
As a Cost Intelligence Specialist, you'll be dealing with financial data daily. Brush up on your data analysis skills and be ready to discuss how you've used tools like Excel or SQL in past roles. Prepare examples of how your analysis led to cost reductions or improved efficiency.
âšMaster Cost Modelling
Familiarise yourself with cost modelling techniques. Be prepared to explain how you develop and maintain cost models, and share any specific frameworks you've created. Highlight your ability to forecast costs accurately and how this has benefited previous projects.
âšShowcase Your Estimating Skills
Estimating is key in this role, so come equipped with examples of both top-down and bottom-up estimating methods you've employed. Discuss how these estimates have influenced project planning and resource allocation in your previous positions.
âšPrepare for Risk Management Questions
Risk and dispute management will likely come up during your interview. Think about past experiences where you've conducted risk assessments or developed mitigation strategies. Be ready to discuss how you handled disputes and what the outcomes were, showcasing your problem-solving skills.