Cost Manager

Gold Group; East Midlands; On-site; GBP 45,000 - 65,000; Full time

Job summary

Gold Group is seeking a Cost Estimation & Budgeting Specialist to support programme and project managers with robust financial planning across the project lifecycle in Mansfield. You will collaborate with procurement, EPDO and stakeholders to deliver cost effective solutions.

You will monitor budgets, perform financial analysis and forecasting, and help manage BoQ, contracts and funding requirements to ensure compliant delivery.

Qualifications

• Experience in cost estimation and budgeting for programmes and projects.
• Ability to analyse financial data and provide forecasting insights.
• Familiarity with procurement processes, tendering and contract negotiations.

Responsibilities

• Assist managers to plan and deliver programmes with accurate cost data.
• Collaborate to derive financial data for planning, funding proposals and audits.
• Monitor budget variances and forecasts; report financial performance.

Skills

Cost estimation

Budgeting

Financial analysis

Procurement

Contract management

Forecasting

Risk management

Stakeholder management

Tools

BoQ management

Contract management tools

Forecasting tools

Job description

This role ensures the effective estimation, forecasting, and monitoring of costs to enable sustainable delivery of programmes and projects.

Therefore, the role involves working closely with programme and project managers, procurement colleagues and contractors across the project lifecycle as well as build relationships with key strategic partners to facilitate the delivery of cost effective solutions.

Cost Estimation & Budgeting

• Support programme and project managers to enable efficient planning and delivery.
• Collaborate with the EPDO Performance and Reporting Manager and Programme / Project managers to derive financial data and perform analysis and reviews, in support of business planning, funding proposals and audits as required.
• Monitor and report on financial performance, including budget variances and forecasts.
• Collaborate with all stakeholders to assess contractual and financial implications.
• Support risk management by incorporating financial risk assessments.
• Develop financial tracking systems to optimise budget management.

Undertake Bill of Quantities (BoQ)

Procurement & Contract Management

• Support programme / project managers in procurement processes, including tendering, bid evaluation, and contract negotiations.
• Provide guidance on contractual terms, risks, and financial considerations.
• Oversee contract performance to ensure compliance with agreements and policies.

Cost Monitoring & Financial Reporting

• Support project and programme managers in providing assurance in tracking expenditures to ensure budget alignment.
• Conduct financial analysis, risk assessments, and forecasting.
• Provide regular financial reports and insights to senior management and stakeholders.
• Ensure compliance with funding requirements, regulations, and organisational commitments.

Risk & Value Management

• Identify cost risks and opportunities within projects in collaboration with project / programme managers.
• Conduct assessments to optimise cost efficiency while meeting project objectives.
• Develop and implement contingency plans and risk mitigation strategies.

Stakeholder & Compliance Engagement

• Collaborate with cross-functional teams to implement cost-effective solutions.
• Ensure financial compliance with policies, frameworks, and regulatory standards.
• Engage with stakeholders to meet financial and reporting obligations.

This role requires you to be in the office in Mansfield atleast 2 days per week so please consider this when applying