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Cost controller

Rickmansworth
NG Bailey
Cost controller
Posted: 17h ago
Offer description

Job Description
Ready to apply Before you do, make sure to read all the details pertaining to this job in the description below.
Cost Controller
West London - Hybrid
Permanent
We are seeking a Cost Controller to support the MEP package on a major infrastructure project, delivered under an NEC3 Option C Target Cost subcontract. This role is key to ensuring costs are accurately captured in line with the Schedule of Cost Components (SCC) and effectively forecast to protect project margin within the pain/gain mechanism.
Key Responsibilities (Essential)
Managing Defined Cost & Disallowed Cost
Ensure all costs comply with SCC / Short SCC
Correctly code timesheets, plant records and supply chain invoices
Identify and flag disallowed costs early (inefficiencies, non-compliance, corrected defects)
Maintaining Target Cost & Pain/Gain Position
Track Actual Defined Cost vs Target Cost
Identify early warnings impacting the target
Forecast final cost and expected pain/gain outcome
Budget Control & Forecasting
Produce weekly / monthly cost reports
Maintain Forecast to Completion (FTC)
Conduct variance analysis
Monitor labour, plant utilisation and supply chain performance
Audit Readiness & Record Keeping
Maintain open-book NEC audit records
Manage supporting documentation (timesheets, plant logs, delivery tickets, site diaries)
Ensure clear records supporting fee calculations, compensation events and disallowed costs
Desirable Experience
Compensation Event (CE) Support
Assist with CE quotations and SCC cost breakdowns
Track CE approvals and target adjustments
Maintain supporting cost build-up evidence
Supply Chain Cost Validation
Review supply chain invoices against SCC rules
Ensure correct mark-ups and fee percentages
Maintain documentation for audit compliance
Background & Experience
Experience working with NEC contracts (ideally NEC3 Option C)
Background in commercial, cost control or project controls within construction, engineering or infrastructure
Experience working alongside commercial teams and quantity surveyors
This will be a full time, permanent, site based position with options for hybrid working.
Benefits
25 days holiday, plus bank holidays
Pension with leading provider and up to 8% employer contribution
Private healthcare
24/7 Employee Assistance Programme supporting mental health and wellbeing (including counselling and legal advice)
Employee discounts
Personal development programme
Flexible benefits package
London travel allowance
Next Steps:
As a business, we’re on a journey to build on our culture where everyone is included, treated fairly and with respect. This starts with recruitment and how we bring people into the organisation.
We’ll do our best to outline the recruitment process to you ahead of time with plenty of notice. If you require any accommodations to participate in the application or interview process, please let us know and we will work with you to ensure your needs are met.
About Us:
We are one of the leading independent engineering and services businesses in the UK. Founded in 1921, with a turnover of £500m and 3000 employees, we are proud of our history of developing great people through our investment in training. xkybehq
Working across a variety of sectors within the building and infrastructure industry, our innovative, responsible and forward-thinking approach allows us to work on fantastic ground-breaking projects, providing solutions using the latest tools and technologies.
Progression is something we value, and we will make sure that when you join us you have a clearly defined development path, supported by regular reviews, training and ongoing support to enable you to be the best you can be.
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