Farringdon | Personal Contract
Full time | Hybrid/Office based 2-3 days per week (ability to work from one of our main offices throughout South and Southeast England, London or Scotland offices) with some UK travel
£47.1k - £58.3k per annum (dependent on skills and qualifications)
About the Role
The Portfolio Cost Lead supports the financial management of a transformation portfolio within the Operations directorate. The role focuses on maintaining accurate cost forecasts, managing purchase orders and requisitions, and tracking spend across multiple projects. Working closely with Project Managers and senior stakeholders, you will provide robust financial administration and visibility of portfolio spend, ensuring strong cost control and governance without requiring formal accountancy qualifications.
Responsibilities
* Cost Forecasting & Tracking
o Support Project Managers in developing and maintaining project cost forecasts
o Consolidate and maintain portfolio-level cost views across multiple projects
o Track actuals vs forecast and highlight variances and risks
o Ensure forecasts are regularly updated and aligned with delivery plans
* Purchase Orders & Financial Administration
o Raise and manage purchase orders (POs) and requisitions in the finance system
o Ensure accurate coding and alignment to project budgets
o Track PO lifecycle including approvals, receipts, and closure
o Support invoice matching and query resolution
* Spend Tracking & Reporting
o Monitor project spend and commitments across the portfolio
o Track supplier payments and accruals where required
o Produce regular cost reports for Project Managers and senior stakeholders
o Maintain clear audit trails and financial records
* Stakeholder Support
o Act as a key support function to Project Managers, the Portfolio Office and Senior Stakeholders on cost-related processes
o Work with Finance teams to ensure alignment with financial controls and reporting cycles
o Provide guidance to project teams on procurement and cost management processes
* Governance & Process Improvement
o Ensure adherence to internal financial controls and governance requirements
o Identify and implement improvements to cost tracking and reporting processes
o Support audits and reviews with accurate and well-maintained documentation
Qualifications
* Experience in a project, programme, or portfolio support role (PMO, cost control, finance admin, or similar)
* Experience raising purchase orders and requisitions within finance systems
* Strong Excel, data management and administrative skills
* High attention to detail and accuracy
* Experience working in utilities, infrastructure, engineering, or other regulated environments (optional)
We value diverse backgrounds, experiences and perspectives.
#J-18808-Ljbffr