Cost Management Specialist

  • Location

    Hinckley, Leicestershire

  • Sector:

    Finance

  • Job type:

    Permanent

  • Salary:

    £55000 - £60000 per annum + benefits

  • Contact:

    Marek Mazurowski

  • Contact email:

    Marek.Mazurowski@experis.co.uk

  • Job ref:

    BBBH106374_1562835715

  • Published:

    3 months ago

  • Expiry date:

    2019-08-10

Cost Management Specialist - QS experience, cost modelling, cost benchmarking, auditing, NEC Contract.

We are looking for a Cost Management Specialist to join our team of consultants at Experis. Ideally you will come from Utilities / Construction background. Working on-site with one of our clients you will be responsible for:

Responsibilities:

Pricing/QS

  • Assess the scope and nature of additional or one-off work or variations
  • Produce metrics which reflect the scale of work
  • Cost work and gain support for or challenge costings/price
  • Provide costing/pricing options based on scope parameters
  • Support negotiations or discussions with Partner to achieve optimal price

Cost control

  • Provide cost and commercial control across Partner operations,
  • Carry out cost reporting which delivers comprehensive information on Partner performance.
  • Gain support for cost control and and ensure the importance of unit cost control is fully understood.
  • Provide cost measures and targets for Partner activities to form the basis of forecasting and monitoring
  • Ensure unit costs are managed through reporting, communication and management processes

Payments and claims

  • Ensure payments and claims are within contract
  • Provide challenge to claims for compensation events based on quantitative analysis
  • Facilitate /provide approval of costs for variations, diversions or non-standard connections
  • Calculate the annual efficiency incentive mechanism position

Budgeting

  • Establish budgeting frameworks and manage Partner budgeting processes in line with NG frameworks.
  • Ensure variations to budget are identified, reported and addressed/rectified

Performance management systems

  • Develop KPIs and a contractual framework for Partners and ensure these are introduced and accepted by the partner as the basis for managing performance
  • Ensure Partners have the systems, databases and capability to deliver unit cost management in line with reporting and regulatory requirements
  • Ensure the Partner has robust and effective systems to ensure they can manage performance against contract requirements.

Benchmarking

  • Ensure benchmarking is carried out the results used to ensure NG's arrangements and Partner costs remain competitive

Reporting

  • Produce cost and value reports in order to demonstrate that Partner costs are effectively controlled and value enhanced

Investigation

  • Investigate and audit Partner activities when required in order to provide assurance and demonstrate that regulatory reporting is underpinned by effective cost control.

Data criticality

  • Ensure that cost control activities are based on information/data of the required quality and that audit trails of the required level of definition are available.

Requirements:

  • Degree or equivalent in an commercial discipline and relevant commercial/contract experience or equivalent level of experience.
  • Post-degree experience within a regulated industry or Partner arrangement
  • Knowledge of unit cost principles and methodologies
  • QS experience or training.
  • Cost modelling skills
  • Knowledge of cost benchmarking and its application
  • Auditing skills
  • Understanding of key commercial, regulatory and economic drivers
  • Ability to interpret and analyse financial information
  • NEC Contract experience

Details:

  • Location: Hinckley
  • Duration: permanent (consultancy basis)
  • Salary: £55,000 - £60,000

Benefits:

  • Contributory pension scheme
  • Enhanced Life Insurance Cover
  • Employee Assistance Program
  • Enhanced Accident Insurance
  • 22 days holiday + bank holidays
  • Sick pay

Please apply by submitting your CV.