Junior Cost Controller

Balfour Beatty VINCI; West Midlands; On-site; GBP 25,000 - 36,000; Full time

Benefits offered by this job

Flexible working options

Free parking & travel allowance

Family-friendly policies

Wellbeing support & flu vaccinations

Job summary

Balfour Beatty VINCI is seeking a motivated Junior Cost Controller to join the Cost Control Team on the HS2 project, based in Birmingham. You will support management, monitoring and reporting of project costs across multiple work packages, collaborating with Planning, Commercial and Delivery teams to maintain accurate forecasts and cost reports.

The role provides exposure to major infrastructure delivery, with opportunities to develop expertise in cost control within a large construction

Qualifications

• Degree, HNC/HND or equivalent qualification in Quantity Surveying, Construction Management, Finance, Engineering, Business, or a related discipline.
• Strong proficiency in Microsoft Excel, including formulas, pivot tables and data analysis.
• Understanding of cost control, forecasting and budget management principles.
• Ability to work with large volumes of data and present information clearly.
• Good analytical and problem-solving skills, strong attention to detail and a high level of accuracy.
• Excellent communication and interpersonal skills.

Responsibilities

• Cost Monitoring and Reporting: Assist in monitoring project costs and budgets, ensuring all costs are accurately recorded and tracked against approved budgets and forecasts.
• Forecasting: Support the preparation and updating of cost forecasts, including reviewing committed costs, actual spend and anticipated future expenditure.
• Monthly Cost Reporting: Prepare and maintain weekly and monthly cost reports, including spend profiles, cost movements, variances and key financial metrics.
• Data Analysis: Analyse cost and budget data using Excel and Power BI to identify trends, anomalies and potential risks or opportunities.
• Dashboard and Report Preparation: Support the creation and maintenance of Power BI dashboards and reports to present financial and performance information clearly to the wider project team.
• Variance Analysis: Investigate differences between actual costs and forecast or budgeted costs, identifying reasons for variances and escalating issues where necessary.
• Cashflow Support: Assist with the preparation of cashflow forecasts based on programme updates, planned works and historical spend trends.
• Data Accuracy and Administration: Maintain cost control systems and databases, ensuring all information is accurate, up to date and aligned with project reporting requirements.
• Stakeholder Collaboration: Work closely with project managers, planners, commercial teams, finance teams and other stakeholders to ensure cost information is accurate and reported in a timely manner.
• Continuous Improvement: Contribute to improving reporting processes, templates and ways of working within the Cost Control Team.

Skills

Excel (Pivot tables)

Power BI

Data analysis

Attention to detail

Communication skills

Education

Degree/HNC/HND or equivalent in Quantity Surveying, Construction Management, Finance, Engineering, Business

Job description

HS2, Britain’s new high-speed railway is at peak construction. Balfour Beatty VINCI is HS2’s construction partner in the Midlands, responsible for delivering 90km of the route, from Long Itchington in Warwickshire to the centre of Birmingham and on to Handsacre in Staffordshire.

Now is a great time to join us and be part of a diverse team of nearly 9,000 people from over 80 nationalities working together to deliver major assets including bridges, tunnels and viaducts. Whether onsite or officed based all colleagues have a key part to play in delivering this critical transport infrastructure project.

Location: Based in Birmingham

Role Description:

Balfour Beatty VINCI (BBV) is seeking a motivated and detail - oriented Junior Cost Controller to join the Cost Control Team on the HS2 project. The successful candidate will support the management, monitoring and reporting of project costs across a range of work packages. Working closely with the Planning, Commercial and Delivery teams, the Junior Cost Controller will assist in maintaining accurate cost forecasts, preparing reports, analysing financial performance and ensuring project spend is controlled and reported effectively. This is an excellent opportunity for someone looking to develop a career in cost control within a major infrastructure and construction project.

Key Responsibilities:

1. Cost Monitoring and Reporting Assist in monitoring project costs and budgets, ensuring all costs are accurately recorded and tracked against approved budgets and forecasts.

2. Forecasting Support Support the preparation and updating of cost forecasts, including reviewing committed costs, actual spend and anticipated future expenditure.

3. Monthly Cost Reporting Prepare and maintain weekly and monthly cost reports, including spend profiles, cost movements, variances and key financial metrics.

4. Data Analysis Analyse cost and budget data using Excel and Power Bi to identify trends, anomalies and potential risks or opportunities.

5. Dashboard and Report Preparation Support the creation and maintenance of Power BI dashboards and reports to present financial and performance information clearly to the wider project team.

6. Variance Analysis Investigate differences between actual costs and forecast or budgeted costs, identifying reasons for variances and escalating issues where necessary.

7. Cashflow Support Assist with the preparation of cashflow forecasts based on programme updates, planned works and historical spend trends.

8. Data Accuracy and Administration Maintain cost control systems and databases, ensuring all information is accurate, up to date and aligned with project reporting requirements.

9. Stakeholder Collaboration Work closely with project managers, planners, commercial teams, finance teams and other stakeholders to ensure cost information is accurate and reported in a timely manner.

10. Continuous Improvement Contribute to improving reporting processes, templates and ways of working within the Cost Control Team.

Degree, HNC/HND or equivalent qualification in Quantity Surveying, Construction Management, Finance, Engineering, Business, or a related discipline.

Previous experience in a cost control, finance, commercial or project support role is desirable, ideally within the construction or infrastructure sector.

Strong proficiency in Microsoft Excel, including formulas, pivot tables and data analysis.

Understanding of cost control, forecasting and budget management principles.

Ability to work with large volumes of data and present information clearly.

Good analytical and problem-solving skills, strong attention to detail and a high level of accuracy.

Excellent communication and interpersonal skills.

Ability to work effectively both independently and as part of a team.

Applicants must have the right to work in the UK to be considered.

Why Join Us:

Flexible working options

Free parking & travel allowance (where eligible)

Family-friendly policies

Wellbeing support & flu vaccinations

About Us

Balfour Beatty VINCI is a joint venture with over 30 years of experience delivering iconic infrastructure, including the Channel Tunnel, Crossrail, and upgrading some of the UK’s busiest motorways. On HS2, we’re building everything from viaducts and tunnels to bridges and embankments across the West Midlands.

Diversity & Inclusion

We’re proud to be an inclusive employer, welcoming people from all backgrounds, abilities and neurodiversities. As a Disability Confident Leader, we encourage applications from candidates with disabilities.

Flexible Working

We’re open to discussing flexible working arrangements to suit your needs, aligned with project requirements.