Cost Manager - PMCM CI&U in London

Cost Manager - PMCM CI&U in London

London Full-Time 40000 - 50000 € / year (est.) No home office possible
WSP

At a Glance

  • Tasks: Monitor budgets, track costs, and support project teams in financial management.
  • Company: WSP, a leading engineering and environmental consultancy with a focus on innovation.
  • Benefits: Competitive salary, diverse projects, and a supportive team environment for growth.
  • Other info: Embrace a culture of curiosity and collaboration while shaping your unique career.
  • Why this job: Join a dynamic team and make a real impact on landmark projects across the UK.
  • Qualifications: Degree in finance or related field; experience in cost management is a plus.

The predicted salary is between 40000 - 50000 € per year.

What if you could do the kind of work the world needs? At WSP, you can access our global scale, contribute to landmark projects and connect with the brightest minds in your field to do the best work of your life. You can embrace your curiosity in a culture that celebrates new ideas and diverse perspectives. You can experience a world of opportunity and the chance to shape a career as unique as you.

WSP is one of the world's leading engineering and environmental professional services firms providing technical consultancy to the built and natural environment. We believe that for societies to thrive, we must all hold ourselves accountable for tomorrow. For us, that means creating innovative solutions to the challenges the future will bring to the communities and environments where we live and work across the UK.

A little more about your role… Operating within the Civil Infrastructure & Utilities division of WSP, the Commission Management Team is a small team of seven staff members, working on individual projects and Frameworks, coming together to share knowledge and support one another as a group, to promote growth of individuals and of the team. As Cost Manager you will work collaboratively within the Commission Management Team and with project teams, analysing costs and ensuring that projects are completed within budget. The Cost Manager will represent the Commission Management Team in supporting project teams in all aspects of cost control, financial reporting, and contract administration.

Responsibilities

  • Monitoring budgets, tracking expenditure, and reporting any deviations from the projected costs.
  • Generating regular financial reports, highlighting cost performance and variances.
  • Supporting the process of implementing cost control measures to maintain project budgets and enhance profitability.
  • Maintaining accurate and detailed records of project costs, contracts, and financial transactions.
  • Working closely collaboratively with team members, project managers and engineers, ensuring effective cost management on projects.
  • Forecasting future costs and financial impacts for ongoing projects.
  • Supporting project teams in the change‑control process, preparing quotations for change requests and adjusting the budget and forecast where necessary.
  • Being part of a driven and productive team of cost managers which offers a support network for learning and development within the role.
  • Developing a good understanding of the financial management of projects from inception to completion.
  • Gaining experience working on a variety of projects and contractual arrangements, providing diversity in the breadth of experience you will gain.

What we will be looking for you to demonstrate…

  • A bachelor's degree in finance, accounting, quantity surveying, or a related field.
  • Previous experience in cost management, or a similar role in the construction industry would be beneficial.
  • A focused approach and attention to detail, with knowledge of using financial software (Oracle) and Microsoft Office Suite.
  • Good organizational and time‑management skills, with the ability to handle multiple tasks and deadlines.
  • A collaborative mindset and ability to work effectively in a team environment.

Here at WSP we positively encourage applications from suitably qualified and eligible candidates regardless of sex, race, disability, age, sexual orientation, gender reassignment, religion or belief, marital status, pregnancy or maternity/paternity. As a Disability Confident leader, we will interview all disabled applicants who meet the essential criteria; please let us know if you require any workplace adjustments in support of your application.

Cost Manager - PMCM CI&U in London employer: WSP

At WSP, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration. As a Cost Manager within our Civil Infrastructure & Utilities division, you will not only contribute to impactful projects but also benefit from extensive professional development opportunities in a supportive team environment. Our commitment to employee growth, coupled with our focus on sustainability and community impact, makes WSP a truly rewarding place to advance your career.

WSP

Contact Detail:

WSP Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land Cost Manager - PMCM CI&U in London

Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect with WSP employees 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 WSP and understanding their projects. Show your enthusiasm for their work and be ready to discuss how your skills as a Cost Manager can contribute to their success.

Tip Number 3

Practice your answers to common interview questions, especially those related to cost management and teamwork. We recommend doing mock interviews with friends or using online resources to boost your confidence.

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 the WSP team.

We think you need these skills to ace Cost Manager - PMCM CI&U in London

Cost Management
Financial Reporting
Contract Administration
Budget Monitoring
Expenditure Tracking
Cost Control Measures
Financial Software (Oracle)

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Cost Manager role. Highlight your experience in cost management 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 explain why you're passionate about cost management and how you can contribute to our team. Keep it concise but impactful – we love a good story!

Showcase Your Team Spirit:Since collaboration is key in our Commission Management Team, make sure to mention any experiences where you've worked effectively in a team. We value a collaborative mindset, so let us know how you thrive in group settings!

Apply Through Our Website:We encourage you to apply through our website for a smooth application process. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the info you need about the role there!

How to prepare for a job interview at WSP

Know Your Numbers

As a Cost Manager, you'll need to demonstrate your understanding of financial management. Brush up on key financial metrics and be ready to discuss how you've managed budgets in previous roles. Prepare examples of how you tracked expenditure and reported deviations.

Show Your Collaborative Spirit

WSP values teamwork, so be prepared to share experiences where you've worked closely with project teams. Highlight instances where your collaboration led to successful cost management or improved project outcomes. This will show that you're a good fit for their team-oriented culture.

Familiarise Yourself with Financial Software

Since knowledge of financial software like Oracle is important, make sure you can speak confidently about your experience with it. If you haven't used Oracle specifically, be ready to discuss similar tools you've worked with and how you adapted to new software in the past.

Prepare for Change Control Questions

Change control is a key part of the role, so expect questions about how you've handled budget adjustments and change requests. Think of specific examples where you successfully navigated these processes, and be ready to explain your approach to forecasting future costs.