The Role: As a Senior Cost Engineer, you will play a key role in leading the cost management process across a portfolio of multiple complex projects, driving both strategic and operational financial performance.
Our Senior Cost manager will oversee the setting up/maintaining of the project Cost Breakdown Structure (CBS) and its alignment with Work Breakdown Structure (WBS) and Organisational Breakdown Structure (OBS).
Engage with other key discipline leads – risk, planning, controls etc.
Responsible for creating and maintaining the projects’ CBS and its alignment with WBS and OBS.
Engage with the matrixed PMO teams, as well as the delivery teams and the Senior Leadership Team (SLT) in order to establish and support cost control.
Monitor and control of commitment, 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.
Establish a robust forecasting process and ensure regular reviews with all contributing parties that make up the overall WBS Establish and support a robust process of Earned Value Management (EVM) reporting for cost and support the project teams in line with the EVM processes and its proportionate application Support the project teams with 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.
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.
MAPM ACostE or equivalent PM/ Project controls qualification Substantial experience in Cost Management or Project Controls / Programme Delivery Very strong understanding of cost management techniques.
Highly conversant with Cost Management systems such as all Microsoft Packages, ability to use Excel to a high standard.
Strong financial awareness, with the ability to organise and map large information sets.
Ability to constructively challenge stakeholders, colleagues and senior management, take a proactive view and encourage process innovation and new thinking in the way we drive PMO forward.
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 10.5% 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 About UU: United Utilities’ (UU) mission is to deliver high-quality water for a more prosperous, greener and healthier North West of England.
We promote a workplace culture where our people can grow, excel, and truly be themselves.
By setting clear goals and objectives, we create sustainable, long-term value for our colleagues, customers, and communities.
Whether you collaborate with a team that shares your vision or join a network of peers with similar interests, you will find a welcoming and supportive organisation.
If you’re passionate about cost engineering and want to be part of a team that’s helping to build a sustainable future, apply today!