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Job Details: Cost Manager

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ReferenceUK00047617
RecruiterAnders Elite
Industry SectorContracts, Procurement, Commercial jobs, Cost Manager jobs, Other
SalaryNegotiable
Benefits35000.00 - 50000.00 GBP per year
LocationsLondon, Rail jobs in UK
Contract TypePermanent
Date Posted30 August 2010

Job Description

Job Description

Our client requires a Cost Manager within their aviation team to ensure a high quality of cost planning supported by consistent benchmarking data, accurate reporting and successful financial closure of capital projects

Responsibilities

Set challenging cost plans / targets for projects to deliver to, and manage all the budgeting, cost management and contingency allowances.
Ensure that project cost plans are robust and integrated, represent value for money, and are supported by consistent internal and external benchmarking data.
Identify opportunities to reduce cost and drive potential value engineered solutions.
Maintain awareness of innovations and market trends to help identify opportunities to reduce life cycle costs and capture knowledge of key component and productivity cost drivers to inform value engineering exercises.
Manage the impact of inflation and ensure forecasting is aligned with recognized tracking indexes.
Ensure costs are monitored and reported timely and accurately in accordance with the client process, consulting the Project Controls Planner to ensure cash flow forecasts are aligned to programme and scope.
Ensure good explanations can be supplied to support any variances in planned versus actual costs and identify resultant actions for the following month.
Test and validate risk allowances in conjunction with the risk manager and ensure the PIRO reports are aligned with cost plans.
Provide cost assurance / governance through the DGS & IGS Gateway process and ensure work is instructed in compliance with the clients policies and procedures.

Ensure all financial close-out activities for a project are completed within 3 months of the Certificate of Completion being issued.

Support the Lead Cost Manager in activities and initiatives to improve cost management, integrated Project Controls, performance measurement and analysis.
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