Cost Manager

Jersey Electricity Plc; Warrington; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A utility company in Warrington is seeking a Cost Manager to support cost management functions within the PMO team. This role involves monitoring costs, engaging with various teams, and ensuring projects are delivered on time and within budget. Ideal candidates should have a degree in a relevant discipline and strong experience in cost management and project controls. The position offers a generous leave package, pension scheme, and flexible working options.

Benefits

26 days annual leave

Competitive pension scheme

7.5% performance-related bonus

Comprehensive healthcare plan

Flexible and hybrid working

Qualifications

• Educated to degree level or equivalent or relevant experience.
• Strong experience in Cost Management or Project Controls.
• Good understanding of cost management techniques.

Responsibilities

• Support the delivery of cost management function.
• Engage with key discipline leads.
• Maintain cost and budget management processes.
• Monitor commitments, journals, and accruals.
• Maintain Earned Value Management (EVM) reporting.

Skills

Cost Management

Project Controls

Collaboration

Education

Degree in relevant discipline

MAPM/ACostE qualification

Tools

Cost management systems

Job description

Job Summary:

Job Title: Cost Manager

Location: Warrington, Lingley Mere

The Role:

As a Cost Manager, you will support the delivery of Core Services within the PMO team, underpinning the overall PMO service offering and providing core support to the wholesale business.You will play a key role in monitoring, controlling, and forecasting costs, ensuring that all projects are delivered on time, within budget, and in line with our sustainability objectives.

Key Responsibilities:

• Support the delivery of cost management function by demonstrating the required behaviours to promote the UU vision and its values, to recognised standards in a timely manner.
• Engage with other key discipline leads - risk, planning, controls etc. to identify areas for improved collaboration and optimisation.
• Maintain the process of cost and budget management, as well as budgetary change control on the projects, ensuring alignment with the Work Breakdown Structure (WBS) and Organisational Breakdown Structure (OBS). Analyse and provide reasons for any overspends. Engage with the delivery team in order to support cost control.
• Monitor and control of commitments, journals and accruals in conjunction with the Project Manager
• Assessment of impact of trends and change, ensuring agreed change to the baseline is implemented in a timely manner
• Engage with the Commercial and Estimating teams on maintaining the compensation events and early warnings processes.
• Maintain a robust forecasting process and support the project teams with it.
• Maintain Earned Value Management (EVM) reporting for cost, review EVM metrics and analyse trends.
• Maintain actual cost and budgetary reporting, as well as cost forecast reporting and reporting against the baseline.
• Support risk analysis/assessment and participate in the Quantitative Cost Risk Analysis (QCRA) process.
• Support the Cost Management to deliver key strategic outcomes and KPI's.
• Works collaboratively with the Project Controls team, Project Managers, Commercial and Senior Stakeholders within UU.
• Keep to date with the relevant industry trends, benchmarks, inflation rates, etc.

About You:

• Educated to degree level or equivalent in a relevant discipline. Or equivalent relevant experience.
• MAPM/ACostE or equivalent PM/ Project controls qualification
• Strong experience in Cost Management or Project Controls / Programme Delivery
• Support the Cost Management to deliver key strategic outcomes and KPI's.
• Manage a Project Controls Team, providing guidance on Cost and Planning, giving direction, coaching and performance management.
• Works collaboratively with the Project Controls team, Project Managers, Commercial and Senior Stakeholders within UU.
• Good understanding of cost management techniques and ability to use cost management systems.

Why Join Us?

• A generous annual leave package of 26 days, which increases to 30 days after four years of service, in addition to 8 bank holidays
• A competitive pension scheme with up to 14% employer contribution, 21% combined, and life cover
• A 7.5% performance-related bonus scheme, as well as recognition awards for outstanding achievements
• A comprehensive healthcare plan through our company-funded scheme
• Flexible and hybrid working