Cost Manager

Millbank; Leiston; On-site; GBP 45,000 - 70,000; Full time

Job summary

A leading company in the nuclear sector is seeking a Cost Manager to support project performance reporting and cost control for a major nuclear new build project. The role involves collaborating with project teams to ensure accurate cost information and drive performance analysis, contributing to the UK’s Net Zero targets.

Qualifications

• Experience in Project Controls within Major Programmes.
• Knowledge of Earned Value Methodologies.
• Membership of a relevant professional body.

Responsibilities

• Collating and analyzing Programme Cost Information.
• Supporting the Cost Lead in implementing cost systems.
• Analyzing Change Requests to ensure proper coding.

Skills

Excel

Analytical skills

Communication

Cost engineering

Education

Degree level education or equivalent

Tools

PRISM

EcoSys

Cobra

Job description

Cost Manager

Be among the first 25 applicants

Direct message the job poster from Millbank

Business Manager at Millbank - 01928 755 670

#NuclearEngineering #Nuclear #Engineering #ProjectManagement #ProjectControls #Planning #RiskManagement

Do you have experience working within Project Controls in a Major Programme environment?

Can you demonstrate an understanding and working knowledge of Earned Value Methodologies?

Would you like to be part of the UK’s next major nuclear new build project and contribute to the UK’s Net Zero targets?

The Opportunity

The Cost Engineer, part of the PMO team and reporting to the Cost Lead, will support the delivery of accurate and timely project information related to performance against the project baseline. Responsible for administering effective cost control within the Restoration and Renewal (R&R) programme’s integrated delivery team. You will drive cost performance reporting, including EV analysis related to key commitments and expenditures.

Your duties and responsibilities will include:

Collating and analyzing Programme Cost Information according to the Cost Management Policy and Procedures, ensuring timely and accurate submissions from Project Teams. Liaising closely with Commercial and Finance teams to ensure accurate accruals and contract cost performance, and conducting effective analysis against the baseline.

Key responsibilities will be:

• Supporting the Cost Lead in implementing cost systems, procedures, and templates
• Assisting Project teams to ensure timely and accurate cost information submission, including reporting on EAC, ETC, ACWP, and comparison to the baseline
• Tracking actual costs against control structures
• Supporting cost re-baseline exercises, forecasts, and budget updates
• Analyzing Project Cost data to support Programme objectives, including earned value and trend analysis
• Working with finance and commercial teams to ensure accurate accruals and contract costs are included in EAC and performance reports
• Analyzing Change Requests to ensure proper coding and alignment with budgets
• Supporting project teams in using cost tools, providing user support and training

Requirements:

• Degree level education or equivalent, membership of a relevant professional body
• Excellent Excel and Microsoft Office skills
• Ability to communicate cost and performance data effectively
• Proactive, thriving in fast-paced environments
• Attention to detail and analytical skills in cost data interpretation
• Willingness to challenge assumptions and improve processes
• Knowledge of cost engineering functions, including estimating, control, and analysis
• Experience with cost forecasting tools such as PRISM, EcoSys, Cobra
• Understanding of Earned Value Methodologies
• Experience in Project Controls within Major Programmes

Millbank Holdings Ltd is an equal opportunities employer and welcomes applications from all qualified persons eligible to work in the UK. We are proud members of the ‘Disability Confident Scheme’ and operate as an Employment Agency and Business.

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Project Management

Referrals increase your chances of interviewing at Millbank by 2x.

Set job alerts for “Cost Controller” roles in Ipswich, England, UK.