Cost Intelligence Specialist

Stantec Consulting International Ltd.; Leeds; Hybrid; GBP 40,000 - 60,000; Full time

Job summary

A leading consulting firm in the UK is seeking a Cost Intelligence Specialist. You will analyze financial data, develop cost models, and provide insights for major projects in the water and energy sectors. Ideal candidates will have strong data analysis skills and experience in cost management. This role offers hybrid working options to balance home and in-office environments.

Qualifications

• Experience in delivering complex commercial programs.
• Strong proficiency with cost modelling and data analysis.
• Experience in the water or energy sectors is advantageous.

Responsibilities

• Collect and analyze financial data for cost reduction.
• Develop and maintain cost models for accurate forecasting.
• Prepare comprehensive reports and dashboards for stakeholders.
• Conduct risk assessments and develop mitigation strategies.

Skills

Data analysis

Cost modelling

Estimating

Reporting

Risk management

Tools

Excel

SQL

Tableau

Job description

Overview

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.

Role

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.

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.