Cost Consultant/Risk Manager (SC Cleared required) - Contract Outside IR35 - Bristol/Andover, UK
Posted Today by Cactus IT Solutions UK Ltd
Negotiable
Outside
Undetermined
Bristol/Andover, United Kingdom
Summary: The role of Cost Consultant/Risk Manager involves developing and maintaining cost estimates for digital transformation projects, managing budgets, and ensuring compliance with financial regulations. The position requires collaboration with various stakeholders to monitor financial performance and implement cost control measures. Candidates should possess relevant qualifications and experience in cost engineering or financial management, particularly within the defence or aerospace sectors. This contract position is outside IR35 and is based in Bristol or Andover, UK.
Key Responsibilities:
- Develop and maintain detailed cost estimates for all phases of digital transformation projects.
- Collaborate with project managers, engineers, and stakeholders to establish realistic budgets.
- Monitor project budgets and expenditures, ensuring alignment with financial objectives.
- Prepare cost forecasts and provide insights into potential variances.
- Implement cost control measures to manage project financial performance effectively.
- Generate detailed cost reports and provide regular updates to project stakeholders.
- Identify and analyze cost risks and variances, recommending mitigation strategies as needed.
- Conduct sensitivity analyses to evaluate the financial impact of project changes.
- Work closely with procurement teams, contractors, and suppliers to ensure cost efficiency.
- Serve as the primary point of contact for cost-related queries and discussions.
- Ensure adherence to defence financial regulations and reporting standards.
- Maintain accurate and comprehensive documentation of cost management activities.
Key Skills:
- Bachelor's degree in Engineering, Finance, or a related field.
- Professional certifications (eg, CCP, PMP, or AACE) are advantageous.
- Proven experience in cost engineering, project controls, or financial management within defence, aerospace, or similarly complex sectors.
- Familiarity with defence-specific cost management standards and practices.
- Proficiency in cost estimation tools and financial management software.
- Strong analytical skills and attention to detail.
Salary (Rate): undetermined
City: Bristol
Country: United Kingdom
Working Arrangements: undetermined
IR35 Status: outside IR35
Seniority Level: undetermined
Industry: Other
Detailed Description From Employer:
Key Responsibilities
- Cost Estimation and Planning:
- Develop and maintain detailed cost estimates for all phases of digital transformation projects.
- Collaborate with project managers, engineers, and stakeholders to establish realistic budgets.
- Budget Management:
- Monitor project budgets and expenditures, ensuring alignment with financial objectives.
- Prepare cost forecasts and provide insights into potential variances.
- Cost Control and Reporting:
- Implement cost control measures to manage project financial performance effectively.
- Generate detailed cost reports and provide regular updates to project stakeholders.
- Risk and Variance Analysis:
- Identify and analyze cost risks and variances, recommending mitigation strategies as needed.
- Conduct sensitivity analyses to evaluate the financial impact of project changes.
- Collaboration and Communication:
- Work closely with procurement teams, contractors, and suppliers to ensure cost efficiency.
- Serve as the primary point of contact for cost-related queries and discussions.
- Governance and Compliance:
- Ensure adherence to defence financial regulations and reporting standards.
- Maintain accurate and comprehensive documentation of cost management activities.
Qualifications and Experience
- Education:
- Bachelor's degree in Engineering, Finance, or a related field.
- Professional certifications (eg, CCP, PMP, or AACE) are advantageous.
- Experience:
- Proven experience in cost engineering, project controls, or financial management within defence, aerospace, or similarly complex sectors.
- Familiarity with defence-specific cost management standards and practices.
- Technical Skills:
- Proficiency in cost estimation tools and financial management software.
- Strong analytical skills and attention to detail.