Cost Management Lead

SP TRANSMISSION PLC; Blantyre; Hybrid; GBP 66,000 - 80,000; Full time

Benefits offered by this job

36 days annual leave

Holiday Purchase

Equity Plans

Payroll Giving and Charity Matched

Technology Vouchers

Electric Vehicle Schemes

Cycle to Work scheme

Public Transport Season Ticket Loans

Healthcare benefit options including:

Life Assurance (4x salary)

Savesmart financial wellbeing

Shopping, leisure, restaurant and gym-

Job summary

SP Energy Networks is seeking a Strategic Portfolio Cost Management Lead to provide functional leadership across a multi‑billion portfolio of transmission projects in Scotland. You will own cost control, forecasting and performance reporting, ensuring robust financial governance across complex EPC initiatives.

Reporting to the Head of PMO, you will mentor Cost Engineers, drive the adoption of the cost management playbook, and collaborate with Planning, Risk, Procurement and Project Management to

Qualifications

• Significant experience in Cost Management on major EPC or infrastructure projects.
• Strong understanding of cost control, estimating, forecasting and earned value management.
• Experience managing complex cost structures across large, multi‑disciplinary programmes.
• Excellent stakeholder management and communication skills, with the ability to influence at all levels.
• Knowledge of NEC3/NEC4 contracts.
• Proficiency in SAP/S4 HANA, Power BI and Microsoft Office.
• Experience leading and developing cost management teams.
• Degree qualification in Engineering, Finance, Quantity Surveying or a related discipline is desirable but not essential.

Responsibilities

• Lead and continuously improve cost management processes, standards and governance across the Strategic Portfolio.
• Own and maintain the Portfolio Cost Breakdown Structure (CBS) and related cost management systems.
• Oversee forecasting, earned value analysis, cost reporting and month-end financial processes.
• Provide portfolio-wide cost performance insights, identifying trends, risks and opportunities.
• Work closely with Planning, Risk, Procurement and Project Management teams to align cost and schedule baselines.
• Monitor contractor performance against budgets and KPIs.
• Lead the Value of Work Done (VoWD) process, including accruals and prepayments.
• Recruit, mentor and develop Cost Engineers across the portfolio.
• Drive the adoption of the Cost Management playbook and support the transition to S/4 HANA.
• Ensure effective budget control through the approval of purchase requisitions and purchase orders.

Skills

Cost management

Forecasting

Earned value management

Stakeholder management

NEC3/NEC4 contracts

Leadership

Education

Engineering, Finance, Quantity Surveying or related discipline

Tools

SAP/S4 HANA

Power BI

Microsoft Office

Job description

Cost Management Lead – Strategic Portfolio Location – Blantyre office (with hybrid work pattern, 3 days in office per week). Salary from £66,000 - £80,000 + annual bonus (up to 20%) and family private medical cover. Permanent | Full-time – 37 hours per week. Closing date – 25th September 2026.

SP Energy Networks is delivering one of the UK's largest electricity network investment programmes, with £12billion being invested over the next five years. As part of this transformation, our SPT Strategic Projects business will deliver a £2.4billion portfolio of major transmission infrastructure projects across Scotland. We're looking for a Strategic Portfolio Cost Management Lead to provide functional leadership for cost management across this portfolio. Reporting to the Head of PMO, you'll lead cost control, forecasting and performance reporting activities, ensuring robust financial governance across complex, high‑value EPC projects. This is a unique opportunity to influence some of the UK's most significant energy infrastructure projects while playing a key role in Scotland's transition to Net Zero.

What you'll be doing

• Lead and continuously improve cost management processes, standards and governance across the Strategic Portfolio.
• Own and maintain the Portfolio Cost Breakdown Structure (CBS) and related cost management systems.
• Oversee forecasting, earned value analysis, cost reporting and month-end financial processes.
• Provide portfolio-wide cost performance insights, identifying trends, risks and opportunities.
• Work closely with Planning, Risk, Procurement and Project Management teams to align cost and schedule baselines.
• Monitor contractor performance against budgets and KPIs.
• Lead the Value of Work Done (VoWD) process, including accruals and prepayments.
• Recruit, mentor and develop Cost Engineers across the portfolio.
• Drive the adoption of the Cost Management playbook and support the transition to S/4 HANA.
• Ensure effective budget control through the approval of purchase requisitions and purchase orders.

What you'll bring

• Significant experience in Cost Management on major EPC or infrastructure projects.
• Strong understanding of cost control, estimating, forecasting and earned value management.
• Experience managing complex cost structures across large, multi‑disciplinary programmes.
• Excellent stakeholder management and communication skills, with the ability to influence at all levels.
• Knowledge of NEC3/NEC4 contracts.
• Proficiency in SAP/S4 HANA, Power BI and Microsoft Office.
• Experience leading and developing cost management teams.
• Degree qualification in Engineering, Finance, Quantity Surveying or a related discipline is desirable but not essential.
• Energy sector experience is beneficial, but we welcome applicants from other infrastructure sectors.
• Willingness to travel across the UK as required.

As well as an attractive salary which is reviewed annually, you can also enjoy a number of other benefits.

With our pension scheme, we'll double match your contribution up to a company contribution of 10%.

From helping you look after your family's wellbeing, save for your future and take personal steps for climate action – our benefits are designed to help you do just that - so that you have everything you need to take care of your world – today and tomorrow.

That's why our benefits include:

• 36 days annual leave
• Holiday Purchase - perfect your work/life balance with extra annual leave
• Equity Plans
• Payroll Giving and Charity Matched Funding
• Technology Vouchers - save more and spread the cost of your technology purchases
• Electric Vehicle Schemes - to help you transition to green/clean driving
• Cycle to Work scheme and Public Transport Season Ticket Loans
• Healthcare benefit options including: Dental Insurance, Private Medical Insurance, Health Cash Plan and annual Health Assessments
• Life Assurance (4x salary)
• Access to Savesmart financial wellbeing assistance
• Plus shopping, leisure, restaurant and gym discounts, and unique employee deals on travel insurance and more

Why SP Energy Networks

SP Energy Networks is part of the Iberdrola Group, one of the world's largest integrated utility companies and a world leader in wind energy. We keep electricity flowing to homes and businesses through Central and Southern Scotland, North Wales and in the North West of England. We operate over 4000km of cables and lines that make‑up the transmission network – infrastructure like wind farms into the electricity system.

It's a role that puts us right at the heart of Scotland's goal to be Net Zero by 2044. And we're taking it very seriously. We're investing £12billion into our transmission network, directly enabling the rapid growth needed in renewable energy. With diverse opportunities across our businesses and a focus on investing in our own internal talent, ScottishPower can offer people real career opportunities that meet personal and professional goals, in a global organisation.

Inclusion, diversity, and a social purpose are at the heart of everything we do. These values bring us into a stronger, more sustainable business with direct links to the communities we serve. It takes all types of people to build a large-scale business like ours, so whatever your background, you'll fit right in. We are dedicated to providing reasonable adjustments in our recruiting processes for candidates with disabilities, long term conditions, mental health conditions, or who are neurodivergent or require pregnancy‑related support. If you need assistance, please reach out to [e-mail].

Mobility

Please note that any applicant who is not a citizen of the country of the vacancy will be subject to compliance with the applicable immigration requirements to legally work in that country. If/when required, the Company will support the employee with the necessary Immigration requirements.

IMPORTANT: Advert will close at 23:59 GMT the day before Job Posting End Date below September‑25‑2026.

We are one of the main energy companies in the world, a leader in renewables, which champions the energy transition towards a low‑emissions economy. We supply energy to nearly 100million people in dozens of countries and develops its renewable, network and commercial activities in Europe (Spain, the United Kingdom, Portugal, France, Germany, Italy and Greece), the United States, Brazil and Australia and maintains markets such as Japan and Poland, among others, as growth platforms.

Do you want to be part of the energy of the future? Do not hesitate, join us!

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