Cost Controller

NG Bailey; Greater London; Hybrid; GBP 52,000 - 78,000; Full time

Benefits offered by this job

25 days holiday

Pension with leading provider and up t

Private healthcare

Employee Assistance Programme

Employee discounts

Personal development programme

Flexible benefits package

London travel allowance

Job summary

NG Bailey is seeking a Cost Controller to support the MEP package on a major infrastructure project, under an NEC3 Option C Target Cost subcontract. This role ensures costs are captured in line with the SCC and forecast to protect project margin within the pain/gain mechanism.

The role is a 1-year FTC, site-based with hybrid working options. You will code timesheets, maintain cost reports, monitor forecast to completion and support audit readiness and record keeping.

Qualifications

• Experience with NEC contracts, ideally NEC3 Option C.
• Background in commercial, cost control or project controls within construction or infrastructure.
• Experience working with commercial teams and quantity surveyors.
• FTC, site-based role with hybrid working options.

Responsibilities

• Ensure all costs comply with SCC / Short SCC.
• Code timesheets, plant records and supply chain invoices.
• Identify early warnings of disallowed costs and inefficiencies.
• Track Actual Defined Cost vs Target Cost and forecast final cost.

Skills

Cost control

Forecasting

Budgeting

NEC3 contracts

Tools

NEC3

Job description

1 Year FTC We are seeking a Cost Controller to support the MEP package on a major infrastructure project, delivered under an NEC3 Option C Target Cost subcontract. This role is key to ensuring costs are accurately captured in line with the Schedule of Cost Components (SCC) and effectively forecast to protect project margin within the pain/gain mechanism.

West London - Hybrid

Key Responsibilities (Essential)

• Ensure all costs comply with SCC / Short SCC
• Correctly code timesheets, plant records and supply chain invoices
• Identify and flag disallowed costs early (inefficiencies, non-compliance, corrected defects)

Maintaining Target Cost & Pain/Gain Position

• Track Actual Defined Cost vs Target Cost
• Identify early warnings impacting the target
• Forecast final cost and expected pain/gain outcome

Budget Control & Forecasting

• Produce weekly / monthly cost reports
• Maintain Forecast to Completion (FTC)
• Conduct variance analysis
• Monitor labour, plant utilisation and supply chain performance

Audit Readiness & Record Keeping

• Maintain open-book NEC audit records
• Manage supporting documentation (timesheets, plant logs, delivery tickets, site diaries)
• Ensure clear records supporting fee calculations, compensation events and disallowed costs

Desirable Experience

• Assist with CE quotations and SCC cost breakdowns
• Track CE approvals and target adjustments
• Maintain supporting cost build-up evidence

Background & Experience

• Experience working with NEC contracts (ideally NEC3 Option C)
• Background in commercial, cost control or project controls within construction, engineering or infrastructure
• Experience working alongside commercial teams and quantity surveyors

This will be a FTC, site based position with options for hybrid working.

Benefits

• 25 days holiday, plus bank holidays
• Pension with leading provider and up to 8% employer contribution
• Private healthcare
• 24/7 Employee Assistance Programme supporting mental health and wellbeing (including counselling and legal advice)
• Employee discounts
• Personal development programme
• Flexible benefits package
• London travel allowance

About Us

We are one of the leading independent engineering and services businesses in the UK. Founded in 1921, with a turnover of £500m and 3000 employees, we are proud of our history of developing great people through our investment in training. Working across a variety of sectors within the building and infrastructure industry, our innovative, responsible and forward-thinking approach allows us to work on fantastic ground-breaking projects, providing solutions using the latest tools and technologies. Progression is something we value, and we will make sure that when you join we have a clearly defined development path, supported by regular reviews, training and ongoing support to enable you to be the best you can be.

Next Steps

As a business, we’re on a journey to build on our culture where everyone is included, treated fairly and with respect. This starts with recruitment and how we bring people into the organisation. We’ll do our best to outline the recruitment process to you ahead of time with plenty of notice. If you require any accommodations to participate in the application or interview process, please let us know and we will work with you to ensure your needs are met.